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US DOJ Suggests Seizure of Sam Bankman-Fried's Luxury Jets
October 5, 2023
Assets belonging to Sam Bankman-Fried, including his two multimillion-dollar luxury jets, may be subject to forfeit, suggests the U.S. Department of Justice (DOJ). The assets' ownership is currently in a …
Read moreJPEX Crypto Exchange's Asset Lock-up Plan Faces Backlash; 'Own The Doge' to Install Kabosu Statue in Japan
October 5, 2023
JPEX, a controversial cryptocurrency exchange, is moving forward with a plan intended to convert the platform into a decentralized autonomous organization (DAO) and shift user assets to dividend shares, incentivizing …
Read moreFTX Hack Uncovered: Exploiter Converts Up to $100M of Stolen ETH to BTC
October 5, 2023
The FTX exchange's exploiter has converted another $25 million worth of stolen ETH (Ethereum) to BTC (Bitcoin) according to data from Spot On Chain. This activity took place over two …
Read moreHong Kong VC's $100M Fund To Support Asian Blockchain Startups; Singapore Arrests 36-Year Old Man
October 5, 2023
A new Hong Kong-based venture capital (VC) firm named Titan Fund, has amassed a total of $100 million in its leading fundraising round. This initiative, driven by CMCC Global, aims …
Read moreUpdate on Day 2 of Sam Bankman-Fried Trial: Focus on Jury Selection
October 5, 2023
The proceedings of the trial regarding Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, advanced into its second day with the conclusion of the jury selection. The jury is composed …
Read moreScammer Steals $385K in Ether Amid Surge in Friend.tech SIM-Swap Attacks
October 5, 2023
Ethereum thefts are on the rise as a single scammer reportedly managed to steal $385,000 worth of Ether in a 24-hour period amid a recent surge of SIM-swap hacks targeting …
Read moreBitcoin Miners Record Increased Output Amid Positive October Trends
October 5, 2023
Major bitcoin miners Marathon Digital, Riot Platforms, and CleanSpark reported a significant increase in Bitcoin production in September, resulting in a small boost in share prices on Oct. 4. Marathon …
Read moreHong Kong Crypto Regulation Tightened Amid Scout for Illegal Exchange Activities
October 5, 2023
In the wake of crypto scandals and unregulated activities, The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have established a crypto-focused task force. This move …
Read moreUnderlying Risks in Complex Operations: How Lack of Transparency Can Cause Financial Instability in Crypto Space
October 5, 2023
As the crypto economy continues to grow and expand, risks and threats that are often overlooked emerge and can potentially spiral into major financial disasters. A stark example of this …
Read moreTech Giants Google and LinkedIn Ramp Up AI Features
October 5, 2023
Google has announced the incorporation of its artificial intelligence (AI) chat service, Bard, into two of its flagship products, Android and Google Assistant, while LinkedIn, a Microsoft-owned platform, will deploy …
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