Wash trading will cause crypto’s next implosion: Mark Cuban
The majority of centralized exchange volume is fake, according to the billionaire investor and Dallas…
Day: 5 January 2023
Why isn’t there a VR client yet for Decentraland or The Sandbox?
“VR has always been part of Decentraland’s vision,” a developer working on the platform’s VR…
French central bank governor pushes for crypto licensing ahead of EU laws
The Bank of France’s head said turmoil in the crypto markets proves the need to…
Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT ‘fraud’
The developer of a Mutant Ape Yacht Club knock-off collection has allegedly “defrauded” investors of…
Asia Express: China’s NFT market, Moutai metaverse popular but buggy…
In a joint effort between the state-owned Chinese Technology Exchange, the state-owned Art Exhibitions China…
Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process
The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served…
New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud
On Jan. 5, 2023, the state of New York and attorney general Letitia James filed…
Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation
According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred…
US authorities are turning their attention to FTX’s Nishad Singh: Report
FTX’s bankruptcy filings show a $543 million loan to former engineering director Nishad Singh, who…
CME Group to launch 3 metaverse reference rates
Axie Infinity, Chiliz and Decentraland will be represented in CME’s new reference rates and real-time…
Magic Eden to refund users after fake NFTs sold due to exploit
Over a dozen fake NFTs were sold on the Magic Eden marketplace due to a…
DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report
Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during…
Crypto lender Genesis lays off 30% more staff: Report
Genesis announced in August that it planned to cut its then 260-person workforce by 20%,…
US authorities to intensify scrutiny of crypto industry in 2023
The SEC, FASB, and IRS are working to tighten crypto regulations and expand industry oversight….
Quantum computers may soon breach blockchain cryptography: Report
Cryptography experts are somewhat skeptical of the technique’s scalability, but aren’t ruling out the possibility…
