Crypto auditing organization, CertiK, has reportedly fallen victim to a phishing scam, with fraudulent URLs posing as legitimate social media posts being used to steal cryptocurrency from user wallets. The company’s social media account, which boasts over 340,000 followers, appears to have shared a deceptive link, urging users to use it for protection against a […]
In a significant move, VanEck, a major player in the financial sector, has committed to donate 5% of its profits from its Exchange-Traded Fund (ETF) to Bitcoin Core developers. This commitment is not a short-term gesture, but a pledge that will span a decade.This decision by VanEck is indicative of a broader trend within the […]
Ethereum’s validator community is currently experiencing an unexpected mass exit. Major players such as Celsius and Figment have initiated a significant withdrawal trend among validators. Despite the alarming exodus, the influx of new validators and a regulated limit have provided a counterbalance.Thousands of validators, who are responsible for securing the network, are opting to withdraw […]
Fintech firm Dave has reached an agreement to purchase a $100-million convertible promissory note from FTX Ventures, the venture capital arm of bankrupt crypto exchange FTX. The note will be bought at a discounted price of $71 million, pending approval from a bankruptcy court.Dave, a mobile application that offers financial services such as savings accounts […]
A group of former Citigroup executives have launched a new investment offering called Bitcoin depositary receipts, which they claim do not require approval from the US Securities and Exchange Commission (SEC). The founders of Receipts Depositary Corporation (RDC) – Bryant Kim, Ankit Mehta, and Ishaan Narain – were part of the Citi team that explored […]
The ongoing legal battle between Ripple Labs Inc. and a group of XRP investors led by Vladi Zakinov is set to reach a pivotal moment on January 11, 2024, as both parties prepare for a significant court hearing. This date marks a crucial phase in a case that could have potentially far-reaching implications for Ripple […]
Bankrupt crypto lender Celsius Network has announced that it will be unstaking its Ethereum holdings in order to generate liquidity and distribute assets to its creditors. This decision is part of Celsius’ ongoing restructuring process and is aimed at offsetting the costs incurred during the bankruptcy.Celsius has been earning staking rewards from its Ethereum holdings, […]
Bankrupt crypto lender Celsius is set to unstake 206,300 Ethereum, worth around $470 million, as part of its efforts to distribute assets to creditors. The move comes as Celsius undergoes a restructuring process, with the unstaking event expected to take place in the next few days. Celsius has stated that its staked Ethereum holdings provided […]
Bankrupt crypto lender Celsius is set to unstake 206,300 Ethereum, worth around $470 million, as part of its efforts to distribute assets to creditors. The move comes as Celsius undergoes a restructuring process, with the unstaking event expected to take place in the next few days. Celsius has stated that its staked Ethereum holdings provided […]
A businessman from Hamburg, Thomas S., is left shocked and speechless by a divorce ruling in Switzerland. The ruling, made by the Arbon District Court in 2022, came as a surprise to Thomas, who was unaware of it for a long time.According to his ex-wife’s claims, Thomas had disappeared and was unreachable. However, Thomas denies […]
