Mike Novogratz: Bankman-Fried is ‘delusional’ and headed to jail
The Galaxy Digital CEO alleges Sam Bankman-Fried and his cohorts perpetuated fraud and suggested they should be in jail. Former FTX CEO Sam Bankman-Fried (SBF) has been lambasted this week following a series of controversial public appearances, with Galaxy Digital’s …
FTX was the ‘fastest’ corporate failure in US history — Trustee calls for probe
The Department of Justice’s U.S. Trustee overseeing FTX’s bankruptcy case has moved for the court to appoint an independent examiner. The United States Trustee handling FTX’s bankruptcy proceedings has referred to the now-defunct exchange as the “fastest big corporate failure in …
Front-running scams rampant on YouTube with 500% surge in 2022: CertiK
The scam lures victims to download fake front-running bot software that swipes their assets once they try to initiate a transaction. Front-running scam bots are significantly gaining traction on YouTube, with the number of dubious videos increasing six-fold in 2022 …
Breaking: Ankr confirms exploit, asks for immediate trading halt
The decentralized-finance protocol said it is working with exchanges to immediately halt trading of its BNB staking rewards token, aBNBc. BNB Chain-based decentralized finance (DeFi) protocol Ankr has confirmed it has been hit by a multi-million dollar exploit on Dec. …
Trader Joe takes its first step into the Ethereum ecosystem
Despite the new multi-chain vision, the Trader Joe team confirmed that its “true home” and “top priority for all growth efforts” will continue to be on Avalanche. Decentralized finance (DeFi) protocol Trader Joe has announced its very first expansion from …
This AI chatbot is either an exploiter’s dream or their nightmare
The crypto community has come across an AI-powered chatbot that can be used to audit smart contracts and expose vulnerabilities. The online crypto community has discovered a new Artificial Intelligence (AI)-powered chatbot that can either be used to warn developers …
FTX Japan drafts plan to return client funds
The Japanese subsidiary one of 134 companies been caught up in FTX’s bankruptcy proceedings but has been drafting a plan to return client funds. The Japanese subsidiary of the now-defunct FTX crypto exchange has come out with a roadmap to …
New York proposes to charge crypto companies for regulating them
The proposal is led by DFS Superintendent Adrienne Harris who is looking for public feedback on the move as the regulator looks to gain further oversight controls. The New York State Department of Financial Services (DFS) has submitted a proposed …
Clearing company tests out securities transaction settlements on blockchain networks
The Digital Dollar Project and the Depository Trust & Clearing Corporation trialed a potential settlement system using tokenized securities and CBDC in real world conditions. The Digital Dollar Project (DDP) and the Depository Trust & Clearing Corporation (DTCC) released the …
P2P Financial Systems panel: Crypto core values and transparency are critical for DeFi
Cointelegraph’s editor-in-chief Kristina Cornèr moderated a panel discussion on DeFi’s future among market dynamics, cyberattacks and regulatory uncertainty. As one of the main growing sub-sectors in the crypto industry, decentralized finance (DeFi) has faced a challenging year amid market dynamics, …