Nynu V Jamal
Hong Kong’s SFC Forces Unlicensed Crypto Exchanges To Shut Down by May
Hong Kong has reportedly announced the closure of receiving license applications from crypto companies on February 29. While Hong Kong received 22 applications from companies like Bybit, OKX, and Huobi...
Binance Nigeria Is Involved in $26B in Illicit Flows, Says CBN
In the latest turn of events amid the increasing regulatory crypto scrutiny in Nigeria, two Binance executives have been arrested in the West African nation. Despite their attempt to flee...
Sam Bankman Fried’s Family and Friends Request for Judge’s Mercy
In a surprising turn of events, more than two dozen letters were filed for the judge’s leniency in FTX founder Sam Bankman-Fried’s pending prison sentence. Reportedly, Bankman-Fried’s family and friends...
Dencun to Triple Ethereum’s Data Availability: Polygon zkEVM Founder
Ethereum’s Dencun upgrade, slated to occur in mid-March, is expected to bring improved data availability for Layer 2 (L2) solutions in a cost-efficient manner. Polygon zkEVM co-founder Jordi Baylina discussed...
Sam Bankman-Fried’s Punishment To Be Limited to 6.5 Years
The ill-famed Sam Bankman-Fried’s lawyers requested the court to limit his imprisonment to a maximum of 6.5 years. In a 98-page memo submitted on Tuesday, the lawyers requested U.S. District...
Justin Sun’s Personal HTX Holdings Exceed Exchange’s Total Bitcoin Reserves
Justin Sun, the founder of the Tron blockchain, has recently unveiled his personal HTX wallet, which holds about 28,614 Bitcoins worth $1.6 billion. While Sun’s surprise revelation created a shockwave...
Hong Kong’s New Crypto Policies Tackle Illicit OTC Crypto Trade
Hong Kong has reportedly initiated the implementation of stringent regulatory norms restricting over-the-counter (OTC) providers in an attempt to reduce illicit crypto trading activities. Chengyi Ong, APAC policy head at...
Do Kwon’s Lawyer Accuses Court of ‘Numerous Unanticipated Mistakes’
Recent reports highlighted Terraform Labs Co-Founder Do Kwon’s potential failure to appear for the initial day of the upcoming civil trial on March 25. Kwon’s lawyer David Patton hinted at...
Uniswap Foundation’s Upgrade Proposal Still Remains Uncertain: Report
The Uniswap Foundation’s proposal to upgrade the Uniswap Protocol Governance has stirred the community concerning the foundation’s focus on converting the UNI token into a utility token. Chinese crypto reporter...
Malicious Code in Tornado Cash’s Governance Proposal Poses Risks
A malicious javascript code identified in Tornado Cash’s governance proposal poses a potential threat. The proposal was introduced by Tornado Cash community developer Butterfly Effects two months ago. While the...
EIA Temporarily Suspends Crypto Mining Survey Following a Lawsuit
The US Energy Information Administration (EIA) has decided to suspend its survey of crypto miners’ energy consumption temporarily. The decision comes following Riot Platforms and the Texas Blockchain Council’s lawsuit...
Satoshi Nakamoto Warned Against Bitcoin’s Energy Consumption: Report
Recent reports suggested that Satoshi Nakamoto, the pseudonymous creator of the first cryptocurrency, Bitcoin, had earlier warned against Bitcoin’s energy consumption. The reports came to light through a set of...
Bitcoin Inscription Exceeds 60 Million, Impacting BTC’s Mempool Transaction
In a recent X post, Binance Research has shed light on the substantial surge of Bitcoin Inscription volume since its inception in December 2022. Despite its slow growth in the...
The Naked Emperor’s New Clothes’: ECB on BTC ETF Approval
The European Central Bank’s (ECB) stark criticism and disregard for Bitcoin as a financial asset has recently created headlines, with the community condemning the post. Cardano Founder Charles Hoskinson wrote...
FTX Customer Refund Plan: Plans to Sell $1B Worth Anthropic Shares
The defunct crypto exchange FTX has reportedly received approval from the Delaware bankruptcy court to sell its 7.84% stake in the AI startup Anthropic. According to estimations, the sale is...
Crypto-Critic SEC Lawyer Joins Crypto Law Firm: Community in Frenzy
XRP attorney John Deaton’s CryptoLaw criticized crypto-critic Ladan Stewart’s recent transition from the Securities and Exchange Commission (SEC) to the crypto law firm White & Case. In a recent X...
Coinbase Urges SEC to Approve Grayscale Ethereum ETF: Report
In a novel development in the exchange-traded funds (ETFs) market, Coinbase has urged the Securities and Exchange Commission (SEC) to approve Grayscale’s Ethereum ETF. Coinbase’s Chief Legal Officer Paul Grewal,...
Ripple Invests $25 Million in Campaign to Promote Crypto-Friendly Leaders
In a recent interview with Bloomberg Crypto, Ripple CEO Brad Garlinghouse asserted the necessity of promoting campaigns for crypto-friendly political leaders. According to Garlinghouse, Ripple, Andreessen Horowitz, and Coinbase have...
Breaking: Circle Ends Support for USDC Stablecoin on Tron
The USD-pegged stablecoin issuer Circle has recently announced the discontinuation of support for its USDC token on the Tron blockchain as part of a risk management program. According to Circle’s...
Ethereum Founder Praises AI’s Code Verification and Bug-Finding Features
Ethereum Founder Vitalik Buterin, in a recent X post, commended artificial intelligence (AI), especially acknowledging the AI’s “code verification and bug finding” feature. Buterin envisions a better future for Ethereum...
South Korea Proposes to Delay Crypto Taxation for Another 2 Years
According to a report revealed by a local media outlet, Herald Business Daily, South Korea’s ruling People Power Party has proposed postponing the taxation on crypto investment gains as a...
FTX Digital Markets Invites Creditors To Submit Claims: Report
In a recent update, FTX Digital Markets, a Bahamian subsidiary of the bankrupt FTX, has invited customers and creditors to submit a claim in their estate. The current move is...
Prosecutors Urge Court to Accept Binance’s $4.3 Billion Plea Deal
According to a recent Bloomberg report, the US prosecutors urged the court to accept Binance’s $4.3 billion plea deal, arguing that the exchange’s violation of the economic sanctions laws posed...
API3 DAO Boasts 6813 Members and 84 Proposals: Report
The decentralized autonomous ecosystem (DAO) API3 has been moving through a successful track, currently boasting 6813 members. According to the API3 DAO Tracker, the ecosystem has successfully completed 84 proposals....
Grayscale’s 4,018.2 BTC Transfer to Coinbase Prime Creates Frenzy
Grayscale’s movement of Bitcoin has been creating ripples in the community over the past few days. As per the blockchain intelligence platform Arkham’s report, Grayscale transferred over 4000 Bitcoins to...
