Topic

IT

A collection of 98 issues

FTX to Sell Acquired Digital Custody Company for $500,000 After $10 Million Purchase

In a strategic move, FTX has filed for the sale of its subsidiary, Digital Custody Inc (DCI). The exchange had acquired the firm back in August 2022 for a substantial sum of $10 million. Digital Custody, a custodial service, was intended to bolster FTX's offerings, particularly for FTX.US and

SEC's New Regulations Cast a Shadow on DeFi Liquidity Providers

Introduction: In a move to fortify safety measures within the Treasury markets, the U.S. Securities and Exchange Commission (SEC) has recently adopted two stringent rules. These regulations mandate that market participants involved in substantial liquidity provision activities must register with the SEC and become members of a self-regulatory organization.

U.S. Justice Department Charges Three Individuals in Connection with the FTX Hack

In a significant development that has sent shockwaves through the cryptocurrency industry, the U.S. Justice Department has leveled charges against three individuals implicated in the hacking of FTX, a prominent cryptocurrency exchange. This case has drawn attention not only for the sheer scale of the theft, which exceeds $400

Ape Terminal and MacnBTC Announce Resolution of Conflict

In a recent development, Ape Terminal issued a statement addressing the issues that arose during the sale of SatoshiVM, pointing to actions by a competing platform and an outsourcing firm as the root cause. According to sources involved in the IDO (Initial DEX Offering) of the project, representatives of the

"The BitMEX Crypto Wallet's Fiery Demise: A 1 BTC Loss in Earth's Atmosphere"

In a turn of events that feels like a science fiction narrative turned reality, a crypto wallet containing 1 Bitcoin (BTC), valued at thousands of dollars, met its fiery demise in Earth's atmosphere. This unusual incident involved the crypto exchange BitMEX and its ambitious attempt to send a crypto wallet

Manta Network Team Accused of Market Manipulation

In a recent development that has stirred the cryptocurrency community, Manta Network, a notable player in the digital asset space, has been accused of engaging in market manipulation tactics. According to reports by Definalist, a leading analytics firm, the team behind Manta Network is suspected of artificially inflating the value

Solana Mobile's New Smartphone Saga Chapter 2 Receives 30,000 Pre-Orders Within 30 Hours of Announcement

In a groundbreaking development, Solana Mobile has announced that it received an overwhelming response to its latest smartphone, the Saga Chapter 2. Within the first 30 hours following its announcement, the company reported a staggering 30,000 pre-orders for the new device. This remarkable achievement was first reported by TechCrunch,

ProShares Ventures into New Territory with Five Innovative Bitcoin ETFs

Introduction: In a groundbreaking move within the cryptocurrency investment landscape, ProShares has announced its application to the Securities and Exchange Commission (SEC) for the registration of five new Bitcoin Exchange-Traded Funds (ETFs). This development signifies a notable expansion in the variety and complexity of investment products available to those interested

Solana Mobile Set to Launch Second Generation Crypto Smartphone

Introduction: In a bold move to capitalize on the surprising success of its first crypto-ready smartphone, Solana Mobile is gearing up to launch a second model. The forthcoming phone, a successor to the original Saga, aims to offer an improved experience at a more accessible price, according to insiders close

BlackRock CEO Larry Fink Advocates for Ether ETF: A Step Towards Tokenization

Introduction In a groundbreaking move that signifies the growing acceptance of cryptocurrencies in the mainstream financial world, BlackRock CEO Larry Fink has recently shown support for an Ether ETF. This development comes closely on the heels of the successful launch of a Bitcoin ETF, highlighting the asset management giant's continued