South Korea Seeks Extradition of Terraform Founder Do Kwon
South Korea is seeking the extradition of crypto entrepreneur Do Kwon, founder of Terraform, after he was arrested in Montenegro on charges of fraud by...
Category : Business
Circle’s USD Coin Redemption Outpacing Purchases Despite Recovery
Stablecoin issuer Circle is experiencing a significant redemption of its USD Coin (USDC). Customers redeemed $738.6 million on March 20, while the firm issued less...
FTX CEO Sam Bankman-Fried Had Secretly Transferred $2.2 Billion to Personal Account – Investigation Reveals
Sam Bankman-Fried, CEO of FTX, has reportedly transferred $2.2 billion from the cryptocurrency exchange to his personal account and dispersed $ 1 billion to five...
Nissan Accelerates into the Future with Web3 and Metaverse Technologies!
Nissan, a leading Japanese automotive brand, has recently announced its foray into Web3. Sources indicate that Nissan has registered four new trademarks associated with Web3...
Facebook’s Parent Company, Meta Reportedly Exploring Decentralized App
A Friday report by TechCrunch revealed that Meta Platforms (META) – the tech giant behind Facebook – is taking a step forward to create a...
Voyager Digital gets Court Approval to Sell to Binance.US for $1 billion
Voyager Digital Ltd. has been granted court approval to sell itself to Binance.US, the US branch of the world’s largest cryptocurrency exchange, for around $1...
Singapore Police Investigate Terraform Labs and Founder Do Hyeong Kwon for Investor Losses
The Singapore police have launched an investigation into Terraform Labs and its founder, Do Hyeong Kwon, following events that led to investors losing billions. Terraform...
FTX co-founder Nishad Singh Pleads Guilty to Fraud and Conspiracy Charges
Nishad Singh, a co-founder of cryptocurrency exchange FTX, has pleaded guilty to six criminal counts, including wire fraud and conspiracy to defraud the US by...
Apple Mac OS at Risk: New Crypto-Jacking Malware Poses Devastating Threats
Apple has for long been lauded as one of the most secure phone brands, but a recent study has cast doubt on the company’s safety...
Despite Exceeding Revenue Expectations, Coinbase Gave up $2.6 Billion Last Year
Coinbase stunned investors on Tuesday, with their fourth-quarter earnings coming in ahead of expectations at $605 million. Despite this promising result, the crypto exchange’s year-over-year...