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FTX Asks For “Sam Coins” To Be Declared Worthless, New Court Docs Reveal

FTX is looking to declare FTX creditors’ “Sam Coins” effectively worthless, new court documents from a Tuesday hearing in Delaware reveal. The move marks the latest update in the crypto exchange's lengthy bankruptcy process following FTX's collapse in November 2022.

, by Julia Smith

Vitalik Buterin Suggests New Way To Decentralize Ethereum Staking

Ethereum staking should include stronger economic penalties against large validators, Vitalik Buterin writes.

, by Andrew Throuvalas

Sui and Revolut Launch Global Partnership

Sui and Revolut's partnership aims to bolster awareness and adoption of blockchain technology among Revolut’s user base.

, by Sead Fadilpašić

Crypto Firm Copper’s London Party Raises Eyebrows Over Sushi Served on Models

Crypto custody firm Copper reportedly threw a London party where attendees were served sushi off two partially-clad models. The Financial Times reported Wednesday that the private function, dubbed "The Copper Experience," was held last week. The venue for this event, held after the Digital...

, by Shalini Nagarajan

Near Foundation Introduces Chain Signatures and Multichain Transactions

The Near Foundation has announced that Near protocol now supports chain signatures, allowing users to access multichains with their accounts.

, by Hassan Shittu

Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion

Coinbase has announced plans to increase the storage of corporate and customer USDC balances on Base, an Ethereum Layer 2 solution incubated by the exchange and built on the open-source OP Stack.

, by Ruholamin Haqshanas

Breaking: Fetch.ai, SingularityNET and Ocean Protocol Discussing Possible Merger to Form ASI Token

SingularityNET, Fetch.ai, and Ocean Protocol are reportedly engaged in discussions regarding a potential merger of their crypto tokens to establish a decentralized AI platform and foster collaboration among the three companies.The companies are exploring the creation of an ASI token, which would...

, by Ruholamin Haqshanas

New Zealand Regulator Warns Against Crypto Exchange Clone

New Zealand’s Financial Markets Authority (FMA) has flagged an unlicensed crypto exchange clone of BTCSWE. The impersonator has been reportedly contacting customers, promising to retrieve funds lost in previous unsuccessful investments. The country’s financial regulator added two...

, by Sujha Sundararajan

Munchables Retrieves All Funds from Exploiter, Refund in Progress

Munchables has successfully recovered funds previously lost to an exploit and proceeded with refund procedures for users impacted. According to the latest social media update posted by Munchables, the web3 gaming platform has made a full recovery of the lost funds after the exploiter voluntarily...

, by Hongji Feng

Barry Silbert Could Pocket $1 Billion in Personal Gains by Exploiting Bankruptcy System: Report

Barry Silbert, founder and CEO of crypto conglomerate Digital Currency Group (DCG), stands to potentially gain up to $1 billion through a sophisticated maneuver involving the bankruptcy system. This comes in the wake of the collapse of Genesis, a crypto lending operation tied to DCG, which has...

, by Ruholamin Haqshanas

KuCoin Appears Not to Commingle User Funds and has “Sufficient” Reserves: CryptoQuant CEO

In the midst of criminal allegations and growing concerns over its reserves, the Seychelles-based cryptocurrency exchange KuCoin has received a vote of confidence from Ki Young Ju, the founder and CEO of crypto analytics service CryptoQuant. Despite recent legal troubles, Ju asserts that...

, by Ruholamin Haqshanas

Pennsylvania State, Crypto Miner Sued for Polluting Environment

Pennsylvania state has failed to protect its residents from a crypto mining rig’s carbon dioxide emission, a court filing read. On Tuesday, a Pennsylvania environmental NGO – Save Carbon County – filed a lawsuit in a state court, accusing Stronghold Digital Mining. The company...

, by Sujha Sundararajan

Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina

Texas-based crypto mining firm Giga Energy has expanded its operations to Argentina following its expansion across the U.S. and into Shanghai, tapping into the gas flaring trend. Giga Energy has been building and operating in-house mining operations since 2019, with 150 megawatt containers...

, by Tanzeel Akhtar

Spot Bitcoin ETFs Witness $418M in Net Inflows Led by Blackrock and Fidelity

US spot Bitcoin exchange-traded funds (ETFs) have experienced a resurgence of fresh capital, reversing a streak of consecutive net outflows over the past week. According to data from Farside Investors, the ten approved spot Bitcoin ETFs saw a combined net inflow of $418 million on March...

, by Ruholamin Haqshanas

HSBC Launches Gold Token Service for Retail Investors in Hong Kong

Banking giant HSBC is now allowing retail investors in Hong Kong to buy real gold through digital tokens. HSBC's new gold investment is available through the bank’s online banking service and app, it said Wednesday. It's the first time HSBC has used its private distributed ledger for...

, by Shalini Nagarajan

Web3 Game Munchables Loses $62.5 Million to Exploit: ZachXBT

The web3 gaming platform Munchables experienced a significant security breach, losing $62.5 million in Ethereum due to an exploit on the Blast network. Munchables confirmed the exploit through a post on social media, stating the loss occurred on March 26. “Munchables has been...

, by Hongji Feng

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