Bitcoin & Crypto News

Major crypto lender Genesis Trading and its parent company Digital Currency Group (DCG) owe users of cryptocurrency exchange Gemini $900 million. Financial Times reported on Dec. 3, 2022, that users of Gemini Earn lost $900 million when Genesis — the external firm that…

Twitter has proven to be quite interesting in the last couple of days. Two of the most talked about people in recent times found new ways of getting themselves ridiculed and laughed at in equal measure. On one end, former…

PoR is quite simply a verification done to ascertain that a platform’s held assets match the value of what its users have deposited within it. A third party always does the audit. The aim is to ascertain that if any… Continue Reading →

Dan Finlay, the co-founder of MetaMask, has sided with Coinbase, saying he is ready to dump Apple due to their 30% in-app purchase tax and their recent ban of Coinbase’s iOS wallet software. Apple’s recent “reign of terror” Following the…

Jesse Powell, via his official Twitter account, thinks that Sam Bankman-Fried didn’t care and was actually gambling with his client’s money. He was recklessly overconfident Via his Twitter account, we can deduce that Jesse Powell cannot be convinced by the…

Ethereum (ETH) and Tether (USDT) keep getting deposited onto centralized exchanges, while Bitcoin (BTC) holders seem to be taking matters into their own hands following the fall of FTX. Data provided by on-chain analytics service Glassnode shows that $66.6 million…

The former FTX US president, Brett Harrison, is currently in talks with potential investors about his new crypto startup.  Harrison, who resigned from his position at the crypto exchange in September, is looking to raise capital for his new crypto…

Bluelight.inc is launching an airdrop of the game’s internal token named $KALE, and is about to distribute $7000 worth of those.

The views and opinions expressed here belong solely to the author and do not represent the views and opinions of Crypto News’ editorial. The year 2022 is set to go down as the crypto industry’s annus horribilis. It’s been a…

Partisia and the International Committee of the Red Cross are collaborating to present the prototype of a blockchain-based system to demonstrate that the technology can be used in conflict zones where a very high level of privacy and data protection…

Financial services and wealth management pioneer Galaxy Digital Holdings today announced plans to purchase GK8, a secure corporate virtual assets self-custody platform. Subject to court approval and other closing conditions, the transaction will result from a sale procedure following Celsius…

Tether co-founder Reeve Collins defended the company’s perceived lack of transparency, stating Tether has always redeemed every token for “exactly one dollar” despite having no clear proof of reserve. Reeve Collins defends Tether (USDT) despite no proof of reserves During…

One of the co-founders of Terraform, David Shin, an online cryptocurrency trading platform, has been arrested and is facing criminal charges.  Arrest Details Daniel Shin is accused of using insider information to profit from illegal market manipulation. The court appearance…

The 1INCH Foundation recently transferred a large amount of the 1INCH token causing investor concern. The price has dropped by as much as 3%. News shock wave 1INCH is the crypto market’s 86th asset by its market capitalization. An on-chain…

Stripe introduced a gateway for users to convert fiat currency into cryptocurrency this new onramp enables users to convert USD to their preferred cryptocurrency. The new payment option is an embeddable and modifiable widget The most recent payment option is…

Yesterday, the Council of Fashion Designers in America dropped a snippet on their website of their first-ever NFTs collection scheduled to launch on Dec. 12. Each of the NFTs includes unique utility cases and special perks. CFDA revealed its upcoming…

According to a recent Dune analytics review of Uniswap’s new NFT aggregator, Uniswap only had $400k volume and 900 transactions in the past 48 hours. Uniswap data shows that in the past 24 hours, the trading volumes was $4 million.…

NYDFS, the high-powered New York state department, proposes regulation to assess costs of ‘supervision and examination’ for licensed crypto firms.

The CEO of a South Korean Crypto Exchange has been sentenced to 25 years in prison for murder. His appeal was rejected and the prison sentence has been imposed. Crypto CEO sentenced to prison for murder After a rejected appeal,…

SBF emphasized that FTX US shouldn’t have declared bankruptcy during the explosive New York Times Dealbook Summit interview on Wednesday. He asserted that FTX US is ‘totally solvent’ and ‘completely funded’ and that its financial state is separate from the…