U.S. Department of Justice probing $372M FTX exploit
U.S. Department of Justice has launched an investigation into the whereabouts of approximately $372 million from FTX. The U.S. Department of Justice has reportedly opened an inquiry into the whereabouts of nearly $372 million in missing digital assets from the now-defunct cryptocurrency exchanges FTX and FTX US, according to a story from Bloomberg on December […]
Agro Blockchain halts trading amid bankruptcy fear
The London-based Bitcoin mining firm, Agro Blockchain suspended its operation for a day on 27th December, Tuesday. Agro Blockchain, a bitcoin mining company with offices in London, has declared that it will start up again on December 28.The company announced that because Tuesday, December 27, is a trading holiday on the London Stock Exchange, it […]
Russia’s Sber issues gold-backed digital financial asset
Sber, the largest bank in Russia, has announced its first release of digital financial assets (DFA) backed by gold. Sber, the largest bank in Russia and formerly known as Sberbank, announced the issuance of the first digital financial assets backed by gold (DFAs). In light of dedollarization, the bank views DFAs as a “wonderful alternative” […]
Philippine SEC warns against unlicensed crypto exchanges
After the FTX collapse, the Philippine government warned investors within the country about using unlicensed crypto exchanges. A warning against utilizing unregistered cryptocurrency exchanges operating in the Philippines was issued by the Securities and Exchange Commission (SEC). The SEC warned against “the recent failure of a large international cryptocurrency exchange,” without specifically mentioning the FTX […]
BitKeep CEO says some users private keys are still vulnerable
The blockchain executive urged users who downloaded the BitKeep 7.2.9. APK malware to transfer their assets immediately. The anonymous CEO of BitKeep, Kevin Como , stated in a letter published on Chinese blockchain news website Odaily.com on December 27 that customers’ private keys are still in danger following a security incident on December 26 that […]