Editor's Pick
Court Approves Celsius Network’s Bankruptcy Exit, Transition to Bitcoin Miner
The U.S. Bankruptcy Court for the Northern District of California approved the reorganization of Celsius Network, a cryptocurrency lending platform, last week. The court order permits an exit from bankruptcy by transitioning to a bitcoin mining business model....
US and Allies to Intensify Sanctions Against Hamas, Targeting Crypto Assets to Cut Funding
to Terrorists The United States and its allies have recently announced plans to increase sanctions against the Palestinian-based militant group Hamas in order to cut off its funding and reduce its ability to carry out terrorist attacks. This...
Head of South Korea’s Biggest Crypto Exchange ‘Not Guilty’ of Data Manipulation
The head of South Koreas biggest crypto exchange, Upbit, has been cleared of any wrongdoing relating to data manipulation allegations. The Seoul Central District Court ruled that Lee Sir-goo, the CEO of the exchange, was “not guilty” of...
Taiwan Authorities Arrest Two Suspects in JPEX Scandal Amid Ongoing Investigation
Taiwanese authorities have arrested two suspects in an alleged illegal trading scandal involving the Taiwan Stock Exchange-listed JPEX Group. The Financial Supervisory Commission (FSC) ordered the arrests based on its ongoing investigation into the case. The FSC has...
Gaming Giant WeMade’s ‘Controversy-hit’ Token ‘Relisted’ in South Korea
WeMade, a South Korean gaming giant, has seen its tokens relisted on a South Korean exchange after being embroiled in a high-profile controversy. The tokens, which were created to allow fans to invest in the company, had been...
Sam Bankman-Fried Trial: Recap, Legal Analysis, and What’s to Come
for the Crypto Mogul Sam Bankman-Fried is a crypto mogul who made his name by becoming CEO of FTX, an up-and-coming cryptocurrency derivatives exchange. Last week, Bankman-Fried was on trial in California federal court for allegedly failing to...
Cathie Wood Bets on Bitcoin Over Gold and Cash as Deflation Hedge for Next Decade
In an interview with Bloomberg on December 11, famously bullish Ark Invest CEO Cathie Wood expressed a lot of faith in Bitcoin as a hedge against deflationary conditions in the next decade. She noted that BTC’s low correlation...
As the Jury Deliberates in SBF Trial, what happens next?
Once the jury has deliberated, they will render a verdict on the case. This verdict will either be a guilty or a not guilty verdict. After the verdict is rendered, the judge will move forward to sentencing. If...
Crypto Whales Are Accumulating This Underrated Gem – What Does it Do?
Crypto whales are accumulating this underrated gem, which is a blockchain-based data and document management system called Bitfury Exonum. It enables secure, reliable and automated data storage and transactions, while also offering scalability, speed, and security of transactions....
Northern Data Secures $610 Million Debt Financing from Tether as New ASIC Technology Makes Mining Profitable Again
Northern Data AG, a German provider of high-performance computing solutions, has announced that it has secured a debt facility of up to $610 million from Tether, the world’s largest digital asset platform. The financing, which comes with a...
