Crypto News

The global crypto exchange Huobi hires Former Banking Giant Executive as the head of new Defi Fund.

One of the leading crypto exchanges in the world, Huobi Group, said in an announcement Monday it has launched a new business unit called Huobi DeFi Labs to manage the new fund. The DeFi Labs, which initially comprises of...

YouTube bans crypto channel for “promoting illegal activities.”

Another cryptocurrency-related YouTube channel appears to have fallen afoul of the platform's community policies. According to a July 31 tweet from crypto community members and brothers Aaron and Austin Arnold, their Altcoin Daily channel with 214,000 subscribers was terminated...

Ten crypto companies sanctioned by the US SEC for fraud received bailout money from the government.

Ten blockchain companies that were sanctioned by the SEC for fraud and offering non-registered securities received COVID-19 aid from the US Paycheck Protection Program (PPP), according to publicly available data from the Small Business Administration. According to the SBA,...

The alleged teenage Twitter hacker owns more than $3 million worth of bitcoin.

The Florida teenager, Graham Ivan Clark, who stands accused of hacking Twitter last month, has more than $3 million worth of bitcoin assets. According to the Tampa Bay Times report on Sunday, Clark's attorney David Weisbrod informed the assets in a...

The US travel management company CWT paid $4.5 million in a Bitcoin ransom attack.

According to the Reuters report, the US-based corporate travel firm CWT (formerly Carlson Wagonlit Travel) paid ransomware hackers 414 Bitcoin on July 27, which was around $4.5 million at that time over two transactions. Blockchain data confirms that the...

US authorities charge three suspects in the massive Twitter hack.

A British man, a Florida man, and a Florida teen have been charged by US authorities in relation to the Twitter hack of prominent politicians, celebrities, and technology moguls to scam people around the globe out of more than...

Ripple claims lawsuit against XRP is based on “unsupported leaps of logic.”

The blockchain payment firm Ripple Labs is facing a lawsuit for allegedly selling XRP as security without registering it with the US Securities Exchange Commission. In a recently filed document, Ripple claimed that the lead plaintiff in the class-action...

Crypto hardware wallet manufacturer Ledger experiences a massive data breach.

The crypto hardware wallet manufacturer Ledger has experienced a massive data breach in which email addresses and other identification information of a million customers has been stolen. According to the crypto wallet's official announcement, "An unauthorized third party had access...

Paxful reports a huge surge of interest in peer-to-peer crypto trading in Russia.

Data from the Bitcoin marketplace Paxful shows a huge surge of interest in cryptocurrency peer-to-peer trading in Russia. The report showed a 350% growth on a year-over-year basis. According to the study, from the period of May 2019 to...

The central bank of Japan appoints its top economist as the head of the department exploring CBDC.

The Bank of Japan (BOJ) announced this Friday that it appointed Kazushige Kamiyama, the central bank's top economist, to lead the department that is looking into central bank digital currencies (CBDCs). The appointment of the Bank of Japan's top...

Latest News

The global crypto exchange Huobi hires Former Banking Giant Executive as the head of new Defi Fund.

One of the leading crypto exchanges in the world, Huobi Group, said in an announcement Monday it has launched...

YouTube bans crypto channel for “promoting illegal activities.”

Another cryptocurrency-related YouTube channel appears to have fallen afoul of the platform's community policies. According to a July 31 tweet from crypto community members...