NFT Trading Skyrockets, Hitting Over $311 Million in Volume in Q1 of 2023
The world of non-fungible tokens (NFTs) has seen a massive increase in virtual land trading in the first quarter of 2023, according to a report...
Category : General News
Celsius Network Settlement Allows 72.5% Crypto Recovery
A US Bankruptcy Judge, Martin Glenn, has approved a settlement plan for Celsius Network, a defunct crypto lending platform, allowing custody account holders to recover...
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...
General Bytes Suffers Highest Severity Breach, Resulting in Loss of Millions of Dollars
Cryptocurrency automated teller machine (ATM) manufacturer General Bytes suffered a security breach on March 17, enabling an attacker to access funds in hot wallets and...
Microsoft’s Edge Browser to Integrate Native Cryptocurrency Wallet
Microsoft is reportedly working on integrating a native cryptocurrency wallet in its Edge web browser, according to Twitter user Albacore. The wallet is described as...
SVB Financial Group Files for Chapter 11 Bankruptcy: Analysis of the Latest Developments
SVB Group, the former parent company of the Silicon Valley Bank, has recently submitted a Chapter 11 bankruptcy filing. This filing was submitted to the...
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...
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...
FBI Warns of Fake Play-to-Earn Cryptocurrency Gaming Apps
The Federal Bureau of Investigation (FBI) has alerted the public to be aware of fraudulent gaming apps that are being used to illegally gain millions...
FCA and Metropolitan Police Work Together to Close Crypto ATMs in East London
The Financial Conduct Authority (FCA) is continuing its efforts to address the issue of illegally-operating cryptocurrency ATMs in the UK. Recently, the agency conducted an...