Taiwan’s law enforcement has recently uncovered and dismantled the largest cryptocurrency fraud scheme in the country’s history. The authorities conducted raids across multiple cities, seizing over NT$1 billion, or $32.2 million USD, of illegal profits.The fraud scheme was operated by ACE Exchange, one of Taiwan’s largest cryptocurrency exchanges. The exchange used its reputable image to […]
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, […]
CertiK Ltd., a blockchain security auditing firm, experienced a security breach when hackers gained access to its official X (formerly Twitter) account and used it to distribute phishing links to its large following. The breach was confirmed by Revoke.cash, a smart contract tool that focuses on cross-chain security.The compromised CertiK account posted tweets warning users […]
The US Securities and Exchange Commission (SEC) has filed a federal court document requesting a summary judgment ruling in its lawsuit against cryptocurrency exchange Binance. The SEC argues that specific issues raised in its case against Terraform Labs and its co-founder Do Kwon are also present in the enforcement action against Binance, Binance US, and […]
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 […]
The cryptocurrency lending platform Celsius Network has announced its plan to unstake its Ethereum holdings as part of its asset preparation process. The move is aimed at unlocking ETH to ensure timely distributions to creditors. Celsius has benefited from the rewards generated by staking its substantial Ethereum holdings, which have helped cover legal fees during […]
The bankrupt crypto lender, Celsius, has announced that it will be recalling and rebalancing its assets as part of its restructuring process. This includes unstaking nearly $470 million worth of Ether (ETH) in order to ensure liquidity and offset expenses.Celsius stated that the staked ETH has provided valuable staking rewards income to the estate, and […]
The United States Securities and Exchange Commission (SEC) has filed a motion in federal court requesting a summary judgment ruling in its case against cryptocurrency exchange Binance. The SEC argues that a recent ruling in a similar case against Terraform Labs and its co-founder Do Kwon supports its enforcement action against Binance, Binance.US, and former […]
