January 17, 2024
Bankman-Fried’s Parents Seek to Quash FTX Lawsuit
Sam Bankman-Fried’s parents say they can’t be held accountable for their son’s actions at FTX. Joseph Bankman and Barbara Fried were sued last year by FTX, with the bankrupt cryptocurrency exchange alleging that...
January 14, 2024
OpenSea Wants NFTs to Evolve as Market Plunges 63%
Last year was not a good one for non-fungible tokens (NFTs). Sales for the blockchain-based digital assets fell 63% to $8.7 billion in 2023, even with volume tripling between October and November,...
January 11, 2024
Report: FTX Customers Feel Cheated by Bankruptcy Repayment Plan
Some former FTX customers are reportedly unhappy with the bankrupt cryptocurrency company’s repayment plans. More than 80 customers have written to the federal bankruptcy judge overseeing the case to slam...
January 11, 2024
Stablecoin Issuer Circle Resurrects Plan to Go Public
Stablecoin issuer Circle Internet Financial is relaunching its plan to go public. The company confidentially filed paperwork for an initial public offering (IPO) with the U.S. Securities and Exchange Commission...
January 10, 2024
Attack Vectors 2024: Misinformation Tops Global Risk List, WEF Says
A lie gets halfway around the world before the truth has a chance to get its pants on. That’s a quote from Winston Churchill, who never lived to see the...
January 10, 2024
VC Investment in Crypto Plunged Amid Scandal and Regulatory Issues
The year 2023 proved to be a challenging period for cryptocurrency startups, as scandal and regulatory issues took a toll on fundraising efforts. Venture capital investment in the crypto industry...
January 02, 2024
Bitcoin Tops $45K for First Time Since April 2022
Bitcoin rang in 2024 with its price above $45,000 for the first time since April 2022. As Reuters noted in a report Tuesday (Jan. 2), the world’s largest cryptocurrency has...
January 02, 2024
Bankman-Fried Prosecutors Call Off Second Trial
Disgraced cryptocurrency wunderkind Sam Bankman-Fried will not face another criminal trial. The FTX founder, already convicted on fraud and conspiracy charges connected to the collapse of his exchange in 2022, had been...
December 15, 2023
Meta Apologizes for Fraudulent Ads Featuring Billionaire Wissam Al Mana
Qatari billionaire Wissam Al Mana reportedly emerged victorious in a legal battle against Meta over the unauthorized use of his image in cryptocurrency scam advertisements on Facebook. Al Mana, a...