Author: e_cash_top

—

by

[ad_1] OneCoin founder Karl Sebastian Greenwood has been found guilty of multiple charges, according to a statement from the U.S. Department of Justice on Dec. 16. Greenwood pled guilty to one count of conspiracy to commit wire fraud, one count of wire fraud, and one count of conspiracy to commit money laundering. Each of those…

Miners sent 57K Bitcoin to exchanges in 2022; selling pressure decreasing

—

by

in Uncategorized

[ad_1] This year hasn’t been kind to Bitcoin miners as the invasion of Ukraine in February 2022 triggered a global energy crisis, pushing mining costs through the roof. In addition, the collapse of Luna in June tanked Bitcoin’s price to a two-year low, wiping out the little profitability miners had left. After a challenging summer…

Audits firms Armanino, Mazars ditch crypto clients in wake of pushback

—

by

[ad_1] Audit firms Armanino and Mazars are set to drop their crypto clients following controversies and community pushback. Armanino, Mazars jump ship Auditors Armanino and Mazars count several high-profile crypto companies among their collective clients, including Nexo, Gate, FTX, Kraken, Binance, and Crypto.com. However, the efficacy of crypto audits has been called into question recently,…

Solana-based DEX Raydium exploited for $2.2M, RAY token drops 10%

—

by

[ad_1] Solana-based decentralized exchange Raydium has been exploited for $2.2 million. The attacker overtook the owner’s authority on the platform, according to the firm’s initial understanding. An exploit on Raydium is being investigated that affected liquidity pools. Details to follow as more is known ⁰Initial understanding is owner authority was overtaken by attacker, but authority has…

Shaq becomes latest celebrity to distance himself from FTX, crypto

—

by

in Uncategorized

[ad_1] Former NBA player Shaquille O’Neal is the latest celebrity influencer to turn his back on disgraced crypto exchange FTX. In June, FTX tweeted details of an endorsement with O’Neal, referring to the four-time NBA Championship winner as Shaqtoshi. The accompanying advert depicted O’Neal wearing a Sam Bankman-Fried wig and talking about being an everyday…

BNB Chain announces its first Asia-based hackathon

—

by

[ad_1] BNB Chain announced it is holding its first Hackathon in South Korea between Dec. 17 and 19. The event is a joint effort between BNB Chain, DWF Labs, and CertiK. BNB Chain’s Head of Marketing, Stephen Milton, commented on the company’s first Hackathon and said: “Blockchain games and NFTs will be significant components of Web3,…

What to expect from FTX’s second bankruptcy hearing today; LedgerX sale, doxing creditors, custody of funds

—

by

[ad_1] It has been a long week for the FTX empire as its founder Sam Bankman-Fried was imprisoned in the Bahamas and set to face trial in the United States for money laundering and wired fraud charges from the SEC, CFTC, and SDNY. The failed crypto exchange FTX is set to hold its second hearing…

MITH token plummets 20% as CZ responds to Mithril’s request for return of 200k BNB deposit

—

by

[ad_1] Mithril tweeted on Dec. 16, commenting on Binance’s announcement to delist MITH, and said that the MITH listing process required a 200,000 BNB deposit to Binance. Mithril said it has had “a long history of working with Binance since 2018,” donated to Binance Charity, and collaborated with other Binance initiatives. The Mithril community requested…

Bitcoin tumbles back to $17k, market follows

—

by

in Uncategorized

[ad_1] Over the last 24 hours, the cryptocurrency market cap saw net outflows of $40.17 billion and currently stands at $828.14 billion — down 3.73% as of press time. Meanwhile, Bitcoin and Ethereum’s market cap was down 3.90% and 6.01% to $327.60 billion and $148.49 billion, respectively. The top 10 cryptocurrencies posted losses over the…

Coinbase creates self-service recovery of unsupported ERC-20 tokens sent to exchange

—

by