Social media app Stars Arena has recovered approximately 90% of the funds it lost after being exploited, according to an October 11 announcement from the team on X (formerly Twitter). The recovery occurred after four days of on-chain negotiations, blockchain data shows. The attacker was allowed to keep slightly more […]

According to former Alameda Research CEO Caroline Ellison, a single tweet from Binance CEO Changpeng Zhao (CZ) contributed to the failure of cryptocurrency exchange FTX. Testifying in Sam “SBF” Bankman-Fried’s criminal trial on Oct. 12, Ellison reportedly placed part of the blame for the collapse of FTX on CZ’s social […]

The United States Commodity Futures Trading Commission (CFTC) has filed a complaint against Stephen Ehrlich, the former CEO of crypto lending firm Voyager Digital. In an Oct. 12 announcement, the CFTC said it had filed a lawsuit in U.S. District Court for the Southern District of New York against Ehrlich […]

Evidence presented in court as a part of the ongoing criminal trial against Sam “SBF” Bankman-Fried, former CEO of crypto exchange FTX, reveals SBF believed Binance leaked an Alameda balance sheet to the media in 2022. On Oct. 11, Caroline Ellison, former CEO of Alameda Research, said SBF created a […]

In a grueling nine-hour testimony, Alameda’s CEO, Caroline Ellison, unveiled the case’s critical facts. She disclosed shocking details, including SBF’s attempted manipulation of Bitcoin prices and Binance’s suspected involvement in a data leak. All eyes are now on the revelation that Binance, a rival of FTX, may have leaked Alameda […]

A second Chinese court has ruled that crypto lending is an activity outside the protection of the country’s legal system. According to an Oct. 10 press release by the Nanchang People’s Court, in April 2021, an individual known as Mr. Ming lent a total of 80,000 Tether (USDT) to an […]

Decentralized finance (DeFi) protocol Platypus has lost over $2 million in assets after suffering another flash loan exploit on its platform. The protocol suspended all of its pools in response to the attack.  According to the blockchain security platform CertiK, the DeFi platform suffered three attacks, with $2.23 million taken […]

The spot trading volume of Coinbase, one of the largest crypto exchanges in the United States, has dropped by more than half, highlighting a shift in interest in crypto trading.  Citing analysis from digital asset data provider CCData, mainstream media outlet Bloomberg reported on Oct. 11 that Coinbase registered around […]

On Oct. 12, digital currency and electronic payments firm DeCurret Holdings published a white paper on its cryptocurrency project, the “DCJPY.“ The organization intends to launch the coin in July 2024. According to the white paper, the DCJPY Network will consist of the Financial Zone and the Business Zone. The former […]

In the recent trial procedure of the US SEC vs. Sam Bankman-Fried, the testimony of prosecuting witnesses Caroline Ellison and Gary Wang shocked the whole crypto community.  Evidence presented throughout the trials suggested that FTX actively lobbied regulators to increase oversight of its main rival, Binance. The history and rivalry […]