Small Creditors at Risk in Latest FTX Bankruptcy Update
A pivotal claim against FTX EU Ltd., previously operating as K-DNA Financial Services Ltd, has now been transferred to FTXCREDITOR, LLC. This marks a crucial...
Founders Fund Invests $70M in Election Betting Platform
Peter Thiel's venture capital firm, Founders Fund, along with Ethereum co-founder Vitalik Buterin, have led a $70 million fundraising campaign for Polymarket, a platform that...
ZK-Proofs: A Solution to Regulators’ Stricter Financial Privacy Measures
Regulators are taking a stand against privacy-focused protocols like cryptocurrency mixers, but there may be a solution that satisfies both developers and regulators. Zero-knowledge proofs...
Tornado Cash Developer Convicted for Laundering Money
Alexey Pertsev, the creator of the popular cryptocurrency mixing protocol Tornado Cash, has been found guilty of money laundering. This verdict has raised concerns about...
Anthropic Introduces Claude AI Chatbot in Europe with Amazon’s Backing
Anthropic, an AI developer, has announced that its AI chatbot Claude is now available in Europe. The chatbot is accessible through its web application and...
Coinbase Recovers from Outage, User Withdrawals Still Offline
Coinbase, the second-largest cryptocurrency exchange in the world, experienced a major outage on May 14. The exchange confirmed a system-wide outage lasting for three hours,...
Tether Freezes $5.2M in USDT Linked to Phishing Scams
Tether, the largest stablecoin issuer, has taken action to freeze USDT tokens worth $5.2 million that were linked to phishing scams. These funds were held...
CFTC’s $1.8M Settlement with FalconX Brokerage Firm
The United States Commodity Futures Trading Commission (CFTC) has announced that it reached a settlement with cryptocurrency brokerage firm Falcon Labs, owned by FalconX, in...
CertiK Uncovers $5M Security Flaw in Aptos’ Wormhole Bridge
According to a recent post on social media by CertiK, a blockchain security platform, a security vulnerability in the Wormhole bridge on the Aptos network...
Senators Lummis and Wyden Oppose DOJ’s Stance on Tornado Cash Charges
United States Senators Cynthia Lummis and Ron Wyden recently expressed their concerns to Attorney General Merrick Garland regarding the Department of Justice's (DOJ) interpretation of...
