Reading Time: 2 minutesFTX CEO John Ray III has described the “pure hell” of his first 48 hours in charge of the company Ray described the total absence company information, including basic things like bank accounts and personnel He also described how hackers incessantly tried to break into FTX’s accounts FTX CEO John Ray III […]
Dogecoin (DOGE) Breaks Out of Falling Wedge, Technically Well Positioned for Rise: Analyst
Crypto analyst and trader believes that Dogecoin could be preparing for rise and is ‘well-positioned’ for it technically
Theories Spring Up Over $4 Million Webaverse Hack
Reading Time: 2 minutesMultiple theories have been suggested as to how Webaverse lost $4 million in stablecoins to a fake investor The ‘investor’ met them in person and asked for a proof of funds involving a fund transfer to a new wallet The wallet was drained shortly after from the company device A $4 million […]
SBF lawyers reach agreement on messaging apps usage
Sam Bankman-Fried’s (SBF) attorney Mark Cohen said an agreement had been reached with prosecutors to allow the arrested FTX founder to use some messaging applications — excluding Signal. U.S. prosecutors had motioned the court to impose a communication ban against SBF. The prosecutor claimed that the FTX founder secretly contacted employees of his FTX and […]
Bitcoin takes ‘lion’s share’ as institutional inflows hit 7-month high
$117 million heads into crypto investment products in a single week, and the vast majority went straight into Bitcoin.
Pocket Network forms a merger with Arbitrum One
Pocket Network happens to have formed a much official merger with Arbitrum One. This was carried out to facilitate the transfer of the power of the decentralized RPC framework to the chain. Arbitrum one happens to be one of the most sought-after and new-age layer 2 upgrading solutions where Ethereum is concerned. This merging together […]
‘Britcoin’ CBDC Could be in Place This Decade
Reading Time: 2 minutesA UK central bank digital currency could be in place by the end of the decade A four-month consultation on the ‘Britcoin’ starts today, with a decision due by 2025 The move would be in line with Prime Minister Rishi Sunak’s desire to make the UK a crypto hub A UK central […]
DCG and Gemini Reach Deal Over Gemini Earn Funds
Reading Time: 2 minutesThe Digital Currency Group and crypto exchange Gemini have reached an agreement over the $900 million trapped with Genesis Gemini Earn customers have had funds trapped on Genesis Global Capital since November Customers can expect up to 80% of their funds back The Digital Currency Group (DCG) and crypto exchange Gemini have […]
Ex-Coinbase Manager files to dismiss SEC claims
Former Coinbase Product Manager Ishan Wahi has urged the court to dismiss insider trading charges against him — claiming that the U.S. Securities Exchange Commission (SEC) lacks the authority to classify tokens as securities. The SEC arrested Ishan Wahi and his brother Nikhil Wahi in July 2022 for insider trading charges —alleging that the brothers […]
A growing number of adults in the US take money from their parents to survive amid growing inflation
YEREVAN (CoinChapter.com) — Inflation in the United States challenges the financial security of many American households. The situation has become so severe, that many adults in the US take money from their parents to survive. According to a recent survey by the personal finance platform Credit Karma, almost one-third of citizens between the ages of 18-26 […]