Bahamian regulator says it seized $3.5 billion of FTX crypto assets for 'safekeeping'

The FTX logo on a laptop screen.Andrey Rudakov | Bloomberg via Getty Images The Securities Commission of The Bahamas says it seized $3.5 billion worth of cryptocurrency from collapsed crypto exchange FTX. In a media release late Wednesday, the ...

Report: Central African Republic Postpones Sango Coin Listing

The Central African Republic’s plan to list the sango coin in the last quarter of 2022 has been put on hold, while the scheduled unlocking of 5% of token holders’ portfolios has similarly been postponed, a statement from the ...

2022 was the year crypto came crashing down to Earth

FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his first court appearance in New York. Federal prosecutors have charged him with criminal fraud. Michael M. Santiago/Getty Images hide caption toggle caption Michael M. Santiago/Getty Images There’s an expression ...

Kraken Shutting Down Crypto Exchange in Japan Citing Weak Global Crypto Market

Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed to further grow its business in Japan at this ...

Microstrategy Buys More Bitcoin — Company's Crypto Holdings Grow to 132,500 BTC

Microstrategy is now holding approximately 132,500 bitcoin following its most recent purchases. This year, the world’s largest cryptocurrency has emerged as “the institutional-grade digital asset,” said Microstrategy founder Michael Saylor. Microstrategy Acquires More Bitcoin Nasdaq-listed Microstrategy Inc. announced Wednesday ...

Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo's ASIC Fleet in Texas

After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The following day, on Dec. 28, 2022, Argo detailed ...

FTX Co-Founder Faces ‘No-Nonsense’ Judge Next Week, Report Says SBF 'Expected to Enter a Plea' in Fraud Case

According to court documents, Sam Bankman-Fried (SBF) is set to be arraigned by the federal court in the Southern District of New York (SDNY) on Jan. 3, 2023. The disgraced FTX co-founder plans to enter a plea in his ...

FTX diverted $200 million of customer money for two venture deals that caught the SEC's attention

FTX founder Sam Bankman-Fried leaves following his arraignment in New York City on December 22, 2022.Ed Jones | AFP | Getty Images Of the billions of dollars in customer deposits that disappeared from FTX in a flash, $200 million ...

Onchain Sleuths Discover Funds Linked to Alameda Swapped for ETH, USDT, BTC by a Mysterious Entity

On Dec. 27, 2022, a number of onchain researchers noticed that funds connected to Alameda Research and FTX have moved and have been swapped for other tokens. Reports show the hacker known as the ‘FTX Accounts Drainer,’ traded large ...

FTX Customers File Class Action to Claim Assets Within Bankruptcy Case

A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing ...

The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg

2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion has been erased from the stablecoin economy during the ...

Argentine Senate Mulls Crypto Advertisement Regulation

The Argentine senate is discussing a preliminary project that would regulate the way in which individuals and organizations promote crypto. The objective of the project, which is still under discussion, would be to educate consumers on the dangers of ...

Crypto exchange Kraken to shutter its Japan operations after global layoffs

Kraken is one of the world's largest crypto exchanges.Tiffany Hagler-Geard | Bloomberg via Getty Images Digital currency exchange Kraken will close down its operations in Japan next month, in another sign of consolidation in the battered crypto industry. In ...

Japanese Gaming Company Gumi Partners With Square Enix and SBI Holdings to Strengthen Metaverse Pivot

Gumi, a Japanese mobile gaming company, has partnered with Square Enix and SBI Holdings to build new business opportunities around the metaverse. The deal, which also includes the issuance of new stock valued at $52.7 million dollars, will allow ...

Venezuelan Banks Have Blocked Over 75 Accounts Since the End of Last Year Due to Cryptocurrency-Related Activities

Venezuelan Banks have started eyeing the accounts of customers with ties to cryptocurrency trading, principally related to peer-to-peer (P2P) transaction activity. According to Legalrocks, a crypto and blockchain-focused legal firm in Venezuela, more than 75 accounts have been blocked ...

FBI Renews Warning About Pig Butchering Crypto Scam Sweeping the Country

The Federal Bureau of Investigation (FBI) has reiterated its warning about a very popular crypto investment scam called “pig butchering” that is sweeping across the U.S. “Be very careful when you go on social media and dating apps and ...

Philippine Regulator Warns Against Using Unlicensed Cryptocurrency Exchanges Following FTX Collapse

The Philippine Securities and Exchange Commission (SEC) has advised investors against transacting with unlicensed cryptocurrency exchanges. The warning followed the collapse of crypto exchange FTX which “left hundreds of thousands, even millions of unsecured creditors with little to no ...

Robert Kiyosaki Warns Last Chance to Buy Gold and Silver at Low Prices — Says Stock Market Crash Will Send Them Higher

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says now may be the last chance to buy gold and silver at low prices. “Inflation moving up. Interest rates moving up. Stock market to crash ...

Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading

Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, Dec. 28, 2022. The company’s stock has lost 96.34% year-to-date and ...

Report: Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists

The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank of Nigeria governor Godwin Emefiele as soon as he is seen in public. The DSS is still seeking to ...

Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom

As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just ...

TechNode Global's Top 10 feature articles in 2022

It’s the time of the year again as we take a look back at what had happened in 2022 in the tech and startup scene, before ushering into 2023. The year 2022 has generally looked less rosy as compared ...

Bitcoin Mining Pool Btc.com Suffers $3 Million Cyberattack

A major cryptocurrency mining pool has been hit by hackers earlier this month, the company who owns the pool revealed in an announcement. The incident resulted in the theft of digital assets belonging to the pool and its clients ...

More Than $19 Billion in BTC, ETH, Stablecoins Left Exchanges Since the Onset of FTX’s Collapse

For more than 50 days or since Nov. 5, 2022, bitcoin, ethereum, and stablecoin owners removed roughly $19.19 billion in crypto assets from centralized exchanges. Between Nov. 5 to Dec. 26, roughly 356,848 bitcoin and 4.48 million ether were ...

Argentine Soccer Association AFA Partners With Upland to Enter the Metaverse

The Argentine Soccer Association, AFA, has partnered with Upland, a virtual world platform, to introduce its fans to the metaverse. Upland will allow Argentine fans to have a bigger connection with AFA history, presenting the opportunity to acquire digital ...

Blockchain Based Climate Tech Startup YES WORLD Reaches 100k Holders Mark, Holders Doubled in 2 Months

press release PRESS RELEASE. Leading blockchain based climate tech startup YES WORLD Token, operated by YES WORLD Climate Tech Pte Ltd based out of Singapore, reaches a significant milestone of 100k holders. YES WORLD Token is getting a lot ...

Report: R&B Artist Akon Denies Claims His Crypto City Dream Is Crumbling

Senegalese-American artist, Akon, reportedly reassured participants in his so-called token of appreciation (TOA) that they will be reimbursed for donations. To back this promise, the singer reportedly claimed he is even willing to do “a world tour just to ...

Santa Launches Its Rewarded Browser This Christmas to Bring in the Next 200M Users Onto Web3

press release PRESS RELEASE. Santa Browser has announced the Version 1 launch of its web3 browser today. Built for an emerging crypto world, the browser claims to bring in the next generation of web3 users by developing tools that ...

Indian Crypto Market Suffers Significantly — Experts Say Trading Volumes Unlikely to Recover Anytime Soon

Crypto trading volumes in India have plunged significantly this year. The FTX meltdown has exacerbated the problem, hurting “the sentiment across crypto tokens.” Local crypto experts are not expecting a recovery in the near future “Unless something dramatic happens” ...

Banking Giant HSBC Files Trademarks for a Wide Range of Digital Currency and Metaverse Products

Banking giant HSBC has filed trademark applications with the United States Patent and Trademark Office (USPTO) for a wide range of digital currency products and services, including those related to the metaverse and non-fungible tokens (NFTs). HSBC’s Trademark Applications ...

2 NFT Projects Plan to Transition From Solana to Alternative Blockchains

Two prominent Solana projects have announced they are transitioning over to new blockchains. The non-fungible token (NFT) venture Degods detailed it will be moving to the Ethereum chain and the Y00ts NFT team detailed it is moving to Polygon. ...

Biggest Movers: LTC Climbs to 10-Day High on Monday

Litecoin raced to a ten-day high to start the week, as markets returned from the Christmas holiday weekend. The token extended recent gains to start the week, and neared a key resistance point in the process. Xrp was also ...

Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022

Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in value. For instance, last month, there was roughly $534 ...

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Monday as Markets Remain Sluggish Following Christmas

Cryptocurrencies were mostly consolidating on Dec. 26, as markets remained muted following the Christmas weekend. Bitcoin remained marginally above a key support point at $16,800, whilst ethereum remained near a ceiling at the $1,230 mark. Overall, the global crypto ...

Bitget Introduces MegaSwap for a Re-Invented DeFi Experience

press release PRESS RELEASE. Seychelles, December 26, 2022 – Leading global cryptocurrency exchange, Bitget launches “MegaSwap“, a new feature on its platform that enable the platform’s users to trade or swap their digital assets for over 10,000 cryptocurrencies on ...

Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto

The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered ...

Argentine Peso Plunges to a 5 Month Low Amid Legal and Political Woes

The Argentine Peso has experienced a sudden fall vs the U.S. dollar, falling to a 5-month low in its blue rate, one of the many parallel exchange rates of the country. The reasons for this fall, besides the abundance ...

SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering

The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise funds for its ‘gig economy platform,’ the development of ...

Peter Schiff Advises Selling Bitcoin Today — Says It's 'the Smart Move'

Gold bug and economist Peter Schiff has recommended selling bitcoin today, emphasizing that it is “the smart move.” Many people disagreed with Schiff’s analysis of the price of the cryptocurrency, warning that he is telling investors to sell at ...

Mark Cuban: Bitcoin Is a Good Investment, Gold Investors Are Dumb

Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says bitcoin is a good investment. The billionaire wants the price of the cryptocurrency to fall further so he can buy some more. Meanwhile, he ...

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US Government Delays Tax Reporting Rules for Cryptocurrency Brokers

Russia to Ban Banks From Using Messengers Like Telegram to Contact Customers

JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors

Jim Cramer Urges SEC to Do a Big Crypto Sweep — Says 'I Wouldn't Touch Crypto in a Million Years'

Lastpass Data Breach Frightens Users, Some Say Hack ‘May Be Worse Than They Are Letting on’

Crypto Community Asks: Where in the World Is Ex-Alameda CEO Sam Trabucco?

Privacy Coins Take a Beating This Year Losing Over $6 Billion, Anonymity Takes a Back Seat to Defi, NFTs

Biggest Movers: SOL Hits 1-Month Low on Saturday, as UNI Extends Recent Declines

Bitcoin, Ethereum Technical Analysis: BTC Nears $17,000 Ahead of Christmas Day

Locker Token and Euro Ice Hockey Champs Rögle BK To Host In-Person NFT Event

ECB to Decide Whether to Issue Digital Euro in 2023

Samsung Is Investing More Than $35 Million in Latam-Focused Metaverse Initiatives

Bank of England's Cunliffe Pushes for Crypto Regulation — Sees 'Real' Benefits for UK

Elon Musk: Recent Fed Rate Hikes Might Go Down in History as Most Damaging Ever

SEC Will Use All Available Tools to Crack Down on Crypto Firms That Aren't in Compliance With Its Rules, Says Chair Gensler

Caroline Ellison's Testimony Claims FTX Boss SBF Directed Her to Co-Mingle Customer Funds Since 2019

Report: SEC Heightens Probe Into Auditors Servicing Crypto Exchanges

FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock

Bitget's KCGI 2022: Football Edition Celebrates the World Cup With Record-Breaking Participation

Biggest Movers: ADA, XRP Rebound From Recent Losses on Friday

Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High

Bitcoin, Ethereum Technical Analysis: ETH Nears $1,230 Resistance, Following Strong US GDP Data

Nigerian Central Bank Increases Cash Withdrawal Limits After Receiving 'Feedback From Stakeholders'

Sheikh Hamad Salem Becomes a MaskEX Shareholder as Both Parties Collaborate to Develop a Smart City in the UAE

President of Brazil Sanctions Cryptocurrency Law

Buenos Aires to Tax Cryptocurrency Mining in 2023

India's Central Bank Chief: Cryptocurrencies Will Cause Next Financial Crisis if They're Not Banned

US Senator Introduces Bill to Regulate Payment Stablecoins

Free Talk Live Co-Host Ian Freeman Found Guilty in Federal Crypto Trial

Florida penthouse purchased with crypto sells at a loss for $18M cash

SEC Charges Against FTX, Alameda Execs Wang and Ellison Reveal Key Findings, US Regulator Says FTT Is a Security

Twitter Adds Crypto Price Charts to Search Results

Financie Commenced to Prepare for the IEO of Entertainment DAO Project "SUPER SAPIENSS" Led by Yukihiko Tsutsumi, Katsuyuki Motohiro, and Yuichi Sato

3 FTX Execs Have Snitched on SBF, Now Scrutiny Is Aimed at Nishad Singh and Ramnik Arora

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Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says

Bankman-Fried execs likely to be freed on bail after FTX fraud pleas

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Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot

Update from B2BinPay: New Pricing, Tokens, and Merchant Models Along with Redesigned Website

Binance Launches Blockchain Education Program in Kazakhstan

Berjaya Corp partners MNC Group to explore E-Money business in Malaysia

Defi More Scalable Than Traditional Finance, New Study Says

US Lawmaker: Crypto Self-Custody Is Antidote to FTX Fraud — 'Keep Your Coins Act' Will Protect Self-Hosted Wallets

FTX's Gary Wang and Alameda's Caroline Ellison Plead Guilty to Fraud, Duo Is 'Cooperating' With Feds

Guggenheim CIO Scott Minerd Warns of a Crypto 'Washout' Similar to the Internet Bubble

Coinbase Secures Regulatory Approval to Operate as a Virtual Asset Service Provider in Ireland

FTX founder Sam Bankman-Fried will fly to New York after days of courtroom chaos

2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse

$1.7M in Quadrigacx Bitcoins Move, Court Trustee EY Says Transfers Were 'Unauthorized'

Swarm, Ethereum’s Storage Network, Announces Mainnet Storage Incentives and Web3PC Inception

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Bitsgap Announces Platform Updates Ahead of Christmas Sale

Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt

Meta VR Consultant John Carmack Leaves Company; Criticizes Inefficiencies of VR and Metaverse Projects

'Visibly Shaking' FTX Co-Founder Hammers out a ‘Wasted Day’ in Court as Bahamian, US Legal Team Prep for Extradition