Multiple twitter accounts started showing about FTX mobile app and website being hacked. One of the member also realized he did see the below two screens when the app was opened. It appears that the app is hacked or its…
Grayscale and Foundry Digital to Offer Bitcoin Mining Product
Grayscale Investments, a major digital currency asset manager, partners with Foundry Digital to introduce a product that gives clients exposure to Bitcoin Mining Equipment. The new partnership led to the creation of Grayscale Digital Infrastructure Opportunities (GDIO) What is GDIO’s…
Grayscale Crypto Giant Files Lawsuit against SEC
Major digital asset manager Grayscale has filed a lawsuit against the Securities and Exchange Commission (SEC) for its rejection to allow the conversion of its $12 Billion Grayscale Bitcoin Trust (GBTC) to spot Bitcoin ETF (Exchange Traded Fund). GBTC has…
BNY Mellon Offers New Crypto Asset Custody Platform
BNY Mellon, the world’s largest custodian bank, announced that it is now accepting select clients’ Bitcoin (BTC)and Ethereum (ETH) deposits. The bank got approval from New York’s financial regulator to offer cryptocurrency custodial services this fall. BNY’s CEO of Asset…
(Whale Activity)More than 70 million XRP moved while number of Ethereum Whales Decreases, BSC, BTC and many more
XRP Whales Increase, ETH Whales Decreases Increased BTC whale activity There has been increased BTC whale activity during September to the present day, despite the current bear market. The intermittent BTC bullish momentum is most likely a result of whales…
27 year old Californian Indicted in Crypto Money Laundering Conspiracy
Last week, U.S. Attorney Brit Featherston announced that a man from San Francisco, California, has been charged with criminal violations in the Eastern District of Texas. A federal grand jury has accused 27-year-old John Khuu of racketeering conspiracy. Khuu was…
FTX and Visa Set to Roll Out Crypto Debit Card in 40 countries
Visa, a global digital technology payment giant, is partnering with FTX, a top cryptocurrency trading platform, to roll out debit cards in 40 countries worldwide. The partnership will allow users to spend their FTX crypto balances 24/7 with millions of…
How did Hackers steal More than $500 Million(approx. 2 Million BNB Tokens )? Explained
The BNB Chain had to stop all transactions due to an exploit. According to the BNB chain team: “There was an exploit affecting the native cross-chain bridge between BNB Beacon Chain (BEP2) and BNB Smart Chain (BEP20 or BSC), known…
Celsius top executives withdrew at least $30 million of crypto in 2022 before suspending customer withdrawals as per court documents
According to a financial disclosure form filed in the New York Bankruptcy Court last Wednesday, Celsius’ ex-CEO Alex Mashinky and ex-CSO Daniel Leon allegedly withdrew at least $17 Million in cryptocurrency right before the company halted all customer withdrawals. …
Helium’s Move to Solana should have been more Democratized, Algorand’s bid didn’t stand a chance
On August 30th, 2022, Helium announced plans to move its network to Solana. The move was meant to increase operational efficiency and take advantage of Solana’s excellent development tools, applications, and features. Ostensibly, Solana could facilitate better data flow, management,…