Earlier this week, TFL and Kwon's lawyers urged the court to ask Citadel Securities to provide documents containing its trading activities in May 2022.
Elliptic acknowledged the potential that an insider may have carried out or aided the exploit. It pointed out the possibility that some employees at FTX could have taken advantage of the turmoil that ensued when the company declared bankruptcy to move its cryptocurrency assets.
Ellison's voice trembled during Wednesday's testimony, and said she "felt a sense of relief that I didn't have to lie anymore."
The recent update on the joint spot Bitcoin ETF application for approval of ARK Invest and 21 Shares underscored information on the proposed BTC ETF, as well as practices on how it will custody assets and determine the values of the assets.
Hayes said BlackRock's entry into the industry could "fundamentally change" Bitcoin. Though he acknowledged that the spot Bitcoin ETF approval might bring a stream of funds into the crypto market, the BitMEX co-founder was concerned about its potential influence on traditional finance.
The study used Google searches to find out which among nearly 23,000 crypto assets were the most preferred alternatives to Bitcoin for investors this year.
The recent claim seemingly aligned with the previous report, which, aside from claiming that Alameda Research is the second-biggest donor of Tether, had estimated that the crypto hedge fund minted $36.7 billion.
In a court motion filed last week against the crypto exchange platform Coinbase, the SEC stated that digital assets have no inherent value since they cannot generate profits.
But while the non-profit organization has been mum on the reason behind its latest move, data from token flow-oriented data platform EigenPhi revealed that when it sold 1,700 ETH via Uniswap v3, it came under a Sandwich attack by MEV Bot (0x00...6B40).
Kusama seemingly hinted that the development team is preparing to roll out a new initiative for the community in the coming weeks.
While others are optimistic about the launch of Ethereum Futures ETF, analysts noted that it could reduce market volatility but could also dampen the potential of Ether's performance, a trend that typically emerges as the asset class matures.
The crypto world may have just glimpsed Block's BitKey, the new hardware wallet announced in 2022 via a beta tester's tweet.
Shytohi Kusama resurfaced after a social media hiatus this week and surprised the community by mentioning some "secret initiatives," including AI initiatives for SHIB.
Alex Mashinsky's legal team has nearly a year to prepare for the trial of the former Celsius founder and CEO on criminal fraud charges linked to the billion-dollar collapse of the crypto lending platform.
Nir Lahav, a cryptocurrency investor, filed a class-action lawsuit against Binance and Zhao on Monday for allegedly violating the Securities and Exchange Act, as well as the California Unfair Competition Law, in the U.S. District Court for the Northern District of California.
The problem, according to the Feds, started when the senior leadership of the bank shifted its strategy and focused on "customers engaged in crypto activities," underlining that the institution took too big of a risk in one industry.
District Court Judge Analisa Torres said Tuesday she found no "substantial ground for difference of opinion" in her earlier ruling and disagreed that an appeal would help advance the case to a conclusion. XRP saw an immediate surge in its value, recording over 8% gain after the news broke.
Besides reaffirming its dedication to security and user protection, Bad Idea AI took a significant step by undergoing a thorough CertiK audit to address these concerns.
One of the upgrades involves the use of nBTC, which is intend to not only streamline and decentralize available methods of bringing Bitcoin into the Cosmos Network, but also empower users.
While Celsius last month announced that 95% of its customers voted for the recovery plan, a recent report claimed some parties were opposed to the plan, particularly those to whom the company owed.
Over the next two quarters, investor interest in the digital asset industry may reignite, fueled by the Bitcoin Halving event and the impending SEC decision on spot Bitcoin ETFs.
What Ryoshi and Kusama did not explicitly reveal to the Shib Army was the groundbreaking role of Shibarium in revolutionizing SHIB, the native token of the ecosystem. This was pointed out by Bitrue chief strategy officer Robert Quartly-Janeiro.
Aside from the report, the committee recommended that the Directorate of Criminal Investigations start probing Tools for Humanity Corp and Tools for Humanity Gmbh, two companies affiliated with Worldcoin, for allegedly operating in Kenya illegally.
Gemini will "sell any remaining crypto assets on the open market" of Dutch customers who fail to withdraw their funds before the deadline.
Brad Garlinghouse expressed his gratitude to the XRP community for its unwavering support.
Google Cloud, a suite of public cloud computing services offered by search engine giant Google, is now an official validator for the layer-2 blockchain Polygon proof-of-stake (PoS) network, joining more than 100 other validators in securing the network.
The timing of the transfers raises suspicions within the crypto community, especially since Sam Bankman-Fried's first criminal trial is scheduled for Oct. 4.
The positive price movement could be attributed to the anticipation surrounding the Ethereum Futures ETF applications, which according to analysts, could launch as early as next week.
Data collated by 21.co, the parent company of 21Shares, from blockchain ecosystem analytics Dune highlighted that wallet addresses linked to Lazarus Group currently hold approximately $46.14 million in digital assets.
While Sun confirmed that HTX, formerly Huobi, lost $8 million due to a hack, he noted the sum represents just two weeks' worth of the exchange's revenue.