Category: Crypto News
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Crypto exploit losses in January see nearly 93% year-on-year decline
Around $8.8 million was lost to crypto exploits in January, a massive decline from the figures this time last year.
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Crypto scammers abuse ‘lax’ UK company laws to fool victims: Report
A report suggests companies are able to register in the U.K. very easily which makes them appear more credible to potential scam victims.
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Founder of $7.5M ‘brazen fraud scheme’ to see 8 years behind bars
Randall Crater will pay back the millions lost by victims of his fraudulent crypto scheme and spend 100 months in jail followed by a three-year supervised release.
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Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem
Positive signs of Bitcoin’s recovery can be seen in on-chain, spot exchange and futures data.
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Social token platform Rally announces shutdown of sidechain
Rally cited a “challenging year” for the crypto industry in its decision to “begin to sunset” the platform’s sidechain after Jan. 31.
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Court permits Core Scientific to borrow $70M to replace existing loan
Investment bank B. Riley is already a Core Scientific creditor and tried to provide funds before the Bitcoin miner filed for Chapter 11.
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Wormhole wins second ‘temp check’ to become bridge for Uniswap governance
Wormhole got over 60% of the vote in the Uniswap DAO referendum, with LayerZero coming in second.
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Blockchain provider SIMBA Chain awarded $30M by US Air Force STRATFI program
According to SIMBA Chain, the investment will go toward developing blockchain applications that will be used by several government organizations.
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Bitcoin mining advocate is going state-to-state to educate US lawmakers
The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund.
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Examiner finds customer deception, ‘very Ponzi-like’ use of funds at Celsius
The court-appointed examiner found many intentional and unintentional shortcomings at the bankrupt crypto lender dating back to its founding.