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CEO Guilty of Crypto Futures Fraudulent Scheme
October 13, 2023
Peter Kambolin, former CEO of a Miami-based investment firm, pleaded guilty to a conspiracy involving fraudulent crypto futures trading. The U.S. Department of Justice stated that Kambolin operated a scheme …
Read moreUK Institutions Signal Caution on Token Use and Tokenization Plans
October 13, 2023
In recent developments across the United Kingdom, institutions caution on token-based ventures. A UK Parliamentary committee raised concerns over the practical use of fan tokens by soccer clubs, highlighting their …
Read moreLearn Concept: Liquidity Crisis in Stablecoin Market
October 13, 2023
The decentralized finance space has recently experienced a stark example of a liquidity crisis with the real-estate-backed stablecoin, USDR. USDR is issued by a decentralized finance project called Tangible protocol …
Read moreUniswap Expands with Android Wallet Beta Launch
October 13, 2023
Uniswap, the world's largest decentralized crypto exchange by cumulative volume, has launched a beta version of its wallet app for Android. This is setting the stage for the firm's expansion …
Read moreStolen FTX Assets Moving Amid Trial, Possible Russian Links: Reports
October 12, 2023
The anonymous hackers responsible for the FTX hack have been caught moving sizable quantities of stolen assets from the now-defunct exchange, making new transactions even as the trial of FTX …
Read moreU.S Regulators Charging Failed Crypto Company Voyager Digital and Its Former CEO with Fraud
October 12, 2023
The U.S. Federal Trade Commission (FTC) and the U.S. Commodity Futures Trading Commission (CFTC) announced on Oct. 12 that they have filed lawsuits against the failed crypto lending company Voyager …
Read moreDecentralized Finance Faces Decreased Traction Amid Growth in Some Sectors
October 12, 2023
Data from DeFillama shows a 30% year-on-year decline in the total value of assets locked (TVL) in decentralized finance (DeFi) projects to its lowest point for this year at $36.95 …
Read moreGlobal Stock Markets Surge Amid Economic Indicators, Bitcoin Slips
October 12, 2023
Global stocks, especially those in the Asia-Pacific region and Europe, witnessed gains credited to China's stimulus measures, the United Kingdom's economic recovery, and expectations around the United States Consumer Price …
Read moreKey Developments in FTX Founder's Criminal Trial
October 12, 2023
Former FTX CEO Sam Bankman-Fried, also known as SBF, faces seven criminal charges related to the collapse of his crypto empire and his trial is currently underway. Court evidence reveals …
Read moreEthereum Staking Protocol Lido Finance hit with Slashing Penalties
October 12, 2023
Ethereum staking protocol Lido Finance reported 20 slashing events due to validator configuration problems, leading to a substantial financial impact. This incident resulted from a series of infrastructure and signer …
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