FTX Will Spend about $20M to Pay its Lawyers
The lawyers involved in the bankruptcy proceedings of cryptocurrency exchange FTX say the company owes them around $20 million.
Kraken Agrees to Pay $30M to SEC
Crypto exchange Kraken has settled charges filed by the US Securities and Exchange Commission (SEC).
Gary Gensler Says Crypto Regulation is a Top Priority for the SEC
Gary Gensler has said that crypto assets and other emerging technologies are on the regulator’s 2023 priority list.
Yuga Labs Wins Lawsuit Against Creators of Fake BAYC Tokens
A court has upheld claims by Yuga Labs for trademark infringement by Thomas Lehman.
Coinbase CEO is Against Potential Ban of Staking in the US
Brian Armstrong has commented on rumors of a possible ban on crypto staking for retail investors in the US.
North Korea-linked Hackers Stole About $1B in 2022
North Korean hackers stole a record amount of cryptocurrencies last year.
ExCoinbase Executive Reportedly Conducted Insider Trading
The former product manager of US crypto exchange Coinbase has pleaded guilty to two counts of insider trading.
FTX’s New CEO John Ray Made $690,000 in 2 Months
John Ray, the new CEO of crypto exchange FTX, made $690K from November 11 to December 31.
Crypto Products Receive $230M in Funds in 2023
$76 million was received in cryptocurrency-based investment products from January 28 to February 3.
Glassnode: We Are Seeing a Transitional Phase from a Bear to a Bull Market
Glassnode analysts have noted that the Bitcoin market is experiencing a cyclical transition.
Binance Announces it Will Suspend USD Bank Transfers
Binance will temporarily stop bank transfers in US dollars starting tomorrow.
Ray Dalio: Bitcoin Will Not Replace Fiat
According to US investor and billionaire Ray Dalio, fiat currency as an efficient store of value is “in grave danger”, but Bitcoin and stablecoins will not be able to cope with this role.
The Wall Street Journal Reveals Names of the Owners of USDT Issuer Tether
According to The Wall Street Journal, four people own 86% of Tether Holdings.
