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1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX
Terra Luna's former co-founder, Do Kwon, who lost $11 million in the bet, is currently wanted by Interpol and is reportedly hiding in Serbia. Approximately one year prior, on Mar. ... -
Blame traditional finance for the collapse of Silicon Valley Bank
Silicon Valley Bank’s downfall was a product of traditional finance — critics shouldn’t conflate the issue with cryptocurrency. The entire banking concept is based on the assumption that depositors will ... -
OpenAI co-founder’s 'World ID' project launches, along with SDK waitlist
The new IDs will allow users to prove they are unique humans without revealing personal information on websites. Crypto unicorn Worldcoin has launched a waitlist for its “World ID” software ... -
Gensler suggests staking token operators should ‘seek to come into compliance’
The SEC head was speaking impromptu to reporters after a commission meeting when he was asked about a statement made by the CFTC chair. United States Securities and Exchange Commission ... -
Bitcoin traders eye $19K BTC price bottom, warn of ‘hot’ February CPI
It could be a testing few weeks for Bitcoin and risk assets, market commentators say, with Fed Chair Jerome Powell due to kick off the triggers on March 8. Bitcoin ... -
What are artificial intelligence (AI) crypto coins, and how do they work?
Discover how AI crypto coins enable decentralized AI and ML networks for the secure, transparent exchange of data and value. Are AI cryptocurrencies safe? The security of AI cryptocurrencies is ... -
Is the IMF shutting the door prematurely on Bitcoin as legal tender?
Should the International Monetary Fund leave the door open for developing countries struggling with inflation? “Bitcoin was made for the Global South.” There’s been little sunlight this crypto winter, so ... -
Naira redesign no more: President’s directive canned by Nigerian Supreme Court
The Supreme Court of Nigeria says no to redesigning the naira, ruling that the old banknotes will remain in circulation. The Supreme Court of Nigeria has ruled that the old ... -
Coinbase beats Q4 earnings estimates amid falling transaction volume
Transaction volume on the exchange fell 12% in 2022's fourth quarter, but the firm still beat forecast earnings despite a 57% year-on-year revenue drop. United States-based cryptocurrency exchange Coinbase has ... -
New York state announces another upgrade to its virtual currency monitoring capacity
The New York State Department of Financial Services did not describe its new capacities, but said they will contribute to the detection of a variety of illegal activities. The New ...
