Bookmarking Crypto Insights
Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling its Candy Digital stake to an investor group associated with billionaire Mike Novogratz and his firm, Galaxy Digital. Report Says Sports Retail Giant Fanatics to Sell … Read more
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FTX’s bankruptcy filings show a $543-million loan to Nishad Singh and he was reportedly a part of the secret ‘wirefraud’ chat group. Go to Source Powered by WPeMatico
Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period. Go to Source Powered by WPeMatico
The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators via Twitter. While serving subpoenas on Twitter is rare, it has happened on various occasions in the past, including when Wikileaks was served on Twitter in 2018. Founders of Defunct Crypto Hedge Fund Contacted Electronically … Read more
Axie Infinity, Chiliz and Decentraland will be represented in CME’s new reference rates and real-time indices. Go to Source Powered by WPeMatico
Genesis announced in August that it planned to cut its then 260-person workforce by 20%, with CEO Michael Moro moving into an advisory role. Go to Source Powered by WPeMatico
The SEC, FASB, and IRS are working to tighten crypto regulations and expand industry oversight. Go to Source Powered by WPeMatico
Cryptography experts are somewhat skeptical of the technique’s scalability, but aren’t ruling out the possibility of success either. Go to Source Powered by WPeMatico
On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims that Mashinsky and Celsius defrauded “hundreds of thousands of investors, including more than 26,000 New Yorkers, out of billions of dollars worth of cryptocurrency.” Former … Read more
