The Federal Reserve announced today that it would not stand in the way of state-chartered banks offering safekeeping services for crypto-assets. This groundbreaking decision comes as a growing number of financial institutions are exploring ways to get involved in the crypto space.  The Fed emphasized that any such activities must be conducted in a safe […]

dYdX, a decentralized exchange supporting the perpetual trading of top crypto assets, including ethereum (ETH) and bitcoin (BTC), has suspended the Layer-2 transfer feature.

Litecoin hits transaction and hash rate milestones, but investors are still sitting on the sidelines. LTC was stuck in limbo as demand slowed down amid weak sell pressure. Litecoin [LTC] concluded an interesting week during which it managed two major milestones. On 27 January, the network announced that it had facilitated slightly over 142 million […]

Sam Bankman-Fried, the disgraced co-founder of FTX, is seeking access to crypto assets associated with FTX and Alameda Research, according to a letter written by his attorney, Mark Cohen. Cohen insists that the existing bail conditions “related to crypto asset transfers should be removed.” Bankman-Fried’s Legal Team Argues for Removal of 2 Bail Conditions In […]

According to predictions from industry leaders, Ethereum is poised for growth in 2023. Cobo and F2pool Co-founder Discus Fish have stated that the Ethereum Foundation’s announcement that the Shanghai upgrade in March is set to happen on time is a strong stimulus for the industry.  Additionally, many L2 projects, particularly those based on ZK technology, […]

The crypto market seems to have priced in last year’s string of crypto company bankruptcies. But the crypto firms that survived will still be paying off bank loans to cover their positions for some time. Crypto prices continue to edge upward while the market bears and bulls regroup. Even the recent bankruptcy of Genesis hasn’t […]

The gaming industry is undergoing a rapid transformation as technology continues to advance at a rapid pace. This has led to an increase in the popularity and accessibility of digital gaming for players from all backgrounds. Amongst the digital gaming sectors that have seen a surge in popularity worldwide is that of crypto gambling sites. […]

Crypto crime was a big deal in 2022, and while we’re only a few weeks into 2023, it looks like the trend is continuing after a criminal gang crackdown that resulted in close to $2 million in assets – some of which were crypto units – being seized by law enforcement officials. Crypto Crime Takes […]

Bankman-Fried resigned as CEO of FTX on November 11th, 2022. Mark Cohen, Bankman-Fried’s attorney wrote a letter to the court on January 28. A surprising development in the current FTX fraud case is that Sam Bankman-Fried’s (SBF’s) lawyers have urged that he should be given access to the assets and cryptocurrency held by his former […]

Sam Bankman-Fried lawyers claim he was not involved in previous unauthorized transactions, and should have access to company assets.