CRYPTO ASSETS

The culprit behind the FTX hack, if caught and proven guilty, could face up to 10 years of imprisonment.

Is Do Kwon short of funds?

The surge in the trading volume of Dogecoin took place following Musk's Christmas greeting on the social media platform Twitter.

The new stablecoin regulations in the country will allow local exchange platforms to provide stablecoin trading "under the condition of asset preservation by deposits and upper limit of remittance."

Before its official launch, the Shiba Inu development team will first release the Shibarium documentation and will roll out the beta version of the project for users to try it out.

Attackers did not access customer data in the August breach, but some source code and technical info were reportedly stolen and used to carry out the recent attack.

"Our contract became compromised because the USDC address was whitelisted to interact directly with Rubic," the company's official Twitter account stated, explaining the root cause of the issue.

"I would not recommend contacting one of the many 'cryptocurrency recovery companies' that you will find on Google as they charge a high upfront fee and they lead you to believe they will facilitate a recovery which they will ultimately rely on law enforcement to do anyway," said Larry Nielsen, a law enforcement detective.

Elon Musk has been instrumental in the rise and fall of Dogecoin price.

Ellison's plea deal agreement with the Southern District of New York, unsealed Thursday, revealed that she will only be prosecuted for criminal tax violations and could be immediately released with a $250,000 bail.

"A former team member (who is no longer with Ankr) acted maliciously to conduct a supply chain attack, inserting a malicious code package that was able to compromise our private key once a legitimate update was made," Ankr revealed.

It appears that some of the pseudonymous lead developer's followers may have confused the countdown of the official launch of the Shibtoken website with the highly anticipated Shibarium announcement.

"It would make sense to integrate payments into Twitter so it's easy to send money back and forth," Musk told Twitter employees in June.

The Bank of Japan on Tuesday announced that it is adjusting its yield curve control policy by expanding the trading on its 10-year yield target 0.23% to 0.50%, a decision expected to have major ramifications across the globe.

Seven months into the controversial collapse of Terra, authorities are still investigating the reason behind the crash that led to the closure of a myriad of crypto businesses.

DOGE's price spikes were backed by Musk's acquisition of Twitter and speculations of the new Chief Twit integrating crypto payments in the platform using Dogecoin.

According to the Shiba Inu developer, the team will first roll out the update on the ecosystem's website, which they said: "was much needed."

Kusama said, "great choice...BONE" to the Binance ad, which shows an adorable dog getting its treat.

Shytoshi Kusama assured the community that it's just a matter of time before Shibarium officially rolls out and noted that its arrival is "not that long."

The SEC said that since January 2020, seven of the charged individuals promoted themselves as successful traders to their hundreds of thousands of social media followers.

With 2022 at its tail end, the Shib Army is eager to hear any updates about Shibarium.

"Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures," the Federal Open Market Committee noted.

The court document underlined that aside from Bitcoin, the U.S. regulator now considers Ethereum and USDT, among others as commodities.

SHIB traded at $0.000008692 in the early morning of Tuesday, but a few hours later, its price surged by more than 7%.

In a recent tweet, CZ noted that "FUD helps us grow, even though they are thoroughly annoying."

Tron's founder earlier said that USDD would be over-collateralized by low-volatile assets like Bitcoin, USDC and USDT to avoid the same thing that happened to UST.

South Korean authorities followed a tip about Kwon's whereabouts and were reportedly able to confirm the CEO's location in Serbia.

Aside from the riddle, Shytoshi Kusama, the Shiba Inu pseudonymous lead developer, made another change to their Twitter bio.

The cryptocurrency industry has been through a lot this year and another interest rate hike from the Federal Reserve is expected to plummet the price of crypto assets, including the major ones like Bitcoin and Ethereum.