Founder of $7.5M ‘brazen fraud scheme’ to see 8 years behind bars
Randall Crater will pay back the millions lost by victims of his fraudulent crypto scheme and spend 100 months in...
Month: January 2023
Blockchain provider SIMBA Chain awarded $30M by US Air Force STRATFI program
According to SIMBA Chain, the investment will go toward developing blockchain applications that will be used by several government organizations....
Bitcoin mining advocate is going state-to-state to educate US lawmakers
The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits...
UK-native stablecoin integrates into 18,000 ATMs nationwide
Brits can now withdraw physical cash for GBPT, a one-for-one British pound stablecoin, as well as other cryptocurrencies at ATMs...
Why are crypto fans obsessed with micronations and seasteading?
From repurposed cruise ships like MS Satosh, to the blockchain governed Liberland and Satoshi Island, crypto fans are trying to...
Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem
Positive signs of Bitcoin's recovery can be seen in on-chain, spot exchange and futures data. Bitcoin (BTC) had a rough...
Social token platform Rally announces shutdown of sidechain
Rally cited a "challenging year" for the crypto industry in its decision to “begin to sunset” the platform's sidechain after...
Court permits Core Scientific to borrow $70M to replace existing loan
Investment bank B. Riley is already a Core Scientific creditor and tried to provide funds before the Bitcoin miner filed...
Wormhole wins second ‘temp check’ to become bridge for Uniswap governance
Wormhole got over 60% of the vote in the Uniswap DAO referendum, with LayerZero coming in second. The Uniswap DAO...
Bitcoin Price Prediction for Today, January 31: BTC/USD Resumes Bullish Signals; Price Could Touch $24k
The Bitcoin price prediction has been facing some mixed price action in recent days, with the crypto seeing multiple strong...
Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder’s Survey of Crypto and Fintech Experts Reveals
Seven days ago, finder.com, a product comparison website, published a forecast report based on predictions from several crypto and fintech...
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs
The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by...
FTX Debtors Seek Dismissal of Turkish Entities in Chapter 11 Bankruptcy Proceedings
FTX debtors have filed a motion with the court requesting to dismiss its Turkish subsidiaries from the Chapter 11 bankruptcy...
Examiner finds customer deception, ‘very Ponzi-like’ use of funds at Celsius
The court-appointed examiner found many intentional and unintentional shortcomings at the bankrupt crypto lender dating back to its founding. Court-appointed...
LayerZero bridging protocol denies accusation of ‘critical vulnerabilities’
LayerZero is the protocol used by Stargate bridge, which has over $382 million locked in its smart contracts. Summa founder...
