India to Create Dark Net Tool to Combat Crypto Fraud
According to a report, the utility will monitor crypto wallets and notify the Indian Ministry of Home Affairs of irregular transactions. According to reports, the Indian Ministry of Home Affairs (MHA) is constructing a crypto intelligence tool in response to increased illegal activities involving cryptocurrencies in the country. According to a CNBC report, the MHA’s […]
FTX Files Lawsuit Against Former Hong Kong Affiliate Staff
To recover $157.3 million, the bankrupt crypto exchange FTX has filed a lawsuit against former Hong Kong affiliate company employees. According to court documents, defunct cryptocurrency exchange FTX filed a lawsuit on September 21 against former employees of Hong Kong-based company Salameda, which was previously affiliated with the FTX group. In its court filing, FTX […]
Core Scientific Partners with Bitmain in $77M Deal
Bitmain, a manufacturer of cryptocurrency mining hardware, and Core Scientific, a defunct cryptocurrency mining company, have committed to a combination of equity and cash to finalize the expansion of mining facilities. Bitmain will provide 27,000 Bitcoin mining machines in exchange for $23 million in cash and $53.9 million in common stock of the insolvent firm, […]