As the trial against Sam Bankman-Fried, the disgraced former CEO of bankrupt crypto exchange FTX, begins, the complexity of the world of crypto is emerging as a significant challenge for both the prosecution and the defense.
The US Department of Treasury has imposed sanctions on cryptocurrency wallets of China-based chemical companies and individuals tied to illegal production and trafficking of fentanyl.
Although Eastern Asia - once a top market - has seen a decline in crypto activity over the past several years, Hong Kong may provide the region with "a potential tailwind," according to research firm Chainalysis.
The Singapore subsidiary of crypto payments giant Ripple has officially received its Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS).
FTX's $500 million investment in Anthropic in 2022 could potentially become a game-changer for creditors after OpenAI rival revealed its intention to raise another $2 billion from Google and other firms.
Japan is aiming to become a crypto and Web3 “powerhouse,” South Korean analysts and experts believe – but some think Seoul still has what it takes to surpass Tokyo.
The Cyber Crime Investigation Bureau (CCIB), an arm of the Royal Thai Police, has announced the successful retrieval of $277 million (about 10 billion THB in local currency) in digital funds from internet fraudsters, all thanks to its collaboration with the Binance exchange.
Swiss-based blockchain firm Distributed Technologies Resources (DTR) has announced the launch of a Dirham-backed stablecoin, DRAM. The token launched today, October 3, 2023.
A recent report from Chainalysis suggests that Hong Kong could play a significant role in reviving crypto activity in the East Asian region, which has faced challenges due to a China-wide ban on crypto trading activities since 2019.
Sam Bankman-Fried, the former CEO of FTX, is set to face trial in federal court in Manhattan, starting with jury selection today. The 31-year-old is accused of being the architect behind one of the largest financial crimes in U.S. history, following the bankruptcy of his crypto platform FTX.
In a series of concerning transactions, the hacker or group of hackers believed to be behind last year’s infamous FTX hack has moved millions of dollars’ worth of stolen crypto.
Deus X Capital, a newly launched investment firm backed by a family office, has entered the crypto space with a combined $1 billion in fresh capital and existing investments.
Yesterday at the Futures Industry Association Expo, Rostin Behnam, Chair of the U.S. Commodity Futures Trading Commission (CFTC), reiterated his call for a comprehensive regulatory structure for the crypto sector.