Six executives from the $1.5 billion (2 trillion won) South Korean crypto exchange fraud V Global have received prison sentences up to eight years — but three were not detained so they could…
Binance CEO Changpeng ‘CZ’ Zhao offered his perspective on the year gone by in a recent light-hearted Twitter interview. The Binance head dissected thorny issues and lessons learned from the fallout of several…
Former FTX CEO Sam Bankman-Fried landed in the United States on Dec. 21. And, at least till the end of his court cases, he will live with his parents in Palo Alto, California….
Ecological stablecoin project Defrost Finance will return $12 million in funds stolen through Dec. 23, 2022, exploit, despite undergoing a code audit by CertiK. Defrost will use on-chain data to ensure the correct allocation of…
Binance France and its parent company Binance Holdings Limited are being sued by 15 investors in France over alleged misleading commercial practices and fraudulent concealment, according to local media reports. In a complaint…
2022 has been the year everything crashed for the crypto industry. The latest Forbes report shows that even the richest in the sector were significantly affected, as the top 17 crypto billionaires lost $116 billion…
The momentary arrest of former FTX CEO Sam Bankman-Fried (SBF) can be attributed to the efforts taken by the crypto community to aid investigations and track down the whereabouts of the infamous entrepreneur….
Crypto companies would face a tougher US Securities and Exchange Commission (SEC) in 2023, according to Chairman Gary Gensler. Gensler said the agency was tired of waiting for crypto-related firms to comply with…
BeInCrypto takes a look at the top trends for cryptocurrency scams and the largest incidents of 2022. Between January and November 2022, hackers absconded with $4.3 billion worth of cryptocurrency, according to a…
A start-up accelerator co-founded by Hong Kong legislative council member Jonny Ng Kit-Chong wants to attract 1,000 Web3 businesses to set up shop in the city-state over the next three years. Ng Kit-Chong…
The US Securities and Exchange Commission is increasingly scrutinizing audits performed for cryptocurrency companies, with concerns over their legitimacy. These crypto companies have been seeking to demonstrate they retain their customers’ assets following…
Republican Senator Pat Toomey, who is set to retire from U.S. Congress at the end of the term, has used one of his last few weeks in office to introduce a new stablecoin…
Coinbase secures a Virtual Asset Service Provider (VASP) license in Ireland as regulatory turf wars stifle the progress of U.S. crypto legislation. The Irish approval will allow Coinbase to offer Europeans retail trading…
Before its downfall, crypto exchange FTX and its then-CEO Sam Bankman-Fried had been some of the most prolific spenders in the space, bailing out crypto firms and donating to political campaigns and media…
The bankrupt crypto firm Celsius receives multiple bid offers. Could it follow Voyager Digital’s footsteps and be acquired by Binance soon? The bankrupt crypto firm Celsius has attracted bids from 30 potential buyers…
Former FTX CEO Sam Bankman-Fried, currently in the custody of Bahamian authorities, has reportedly agreed to be extradited to the United States to face charges. According to a Dec. 19 report from Reuters,…