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Vitalik Buterin’s Zuzalu Retreat Spurs Ethereum-Backed ‘Zu-Villages’ – What’s Behind This Mysterious Gathering?

Last year in May, Ethereum co-founder Vitalik Buterin helped organize an exclusive two-month gathering called Zuzalu in Montenegro. Around 200 invitees discussed topics like cryptography and longevity while enjoying dinners and swims along the Adriatic Sea coastline. Details were scarce, but...

, by Trent Alan

Alameda Research Drops Lawsuit Against Grayscale Amid GBTC Outflows

Alameda Research Ltd., the hedge fund associated with the bankrupt cryptocurrency exchange FTX, has voluntarily dropped its lawsuit against Grayscale Investments amid GBTC outflows. According to court filings from January 22, Alameda opted out of suing Grayscale, its CEO Michael Sonnenshein, its...

, by Hassan Shittu

FTX to Face Independent Investigation, Federal Appeals Court Rules

An independent bankruptcy examiner must complete an investigation into the collapse of FTX, a federal appeals court ruled Friday. In violation of U.S. bankruptcy codeThe ruling, delivered by the Third Circuit Court of Appeals in Philadelphia, argues that to not appoint an independent examiner...

, by Julia Smith

Global Crypto User Base Hits 580M, Following 34% Increase in 2023 – Crypto.com Report

Crypto asset adoption is accelerating, with over half a billion people becoming users or owners in 2023, according to a Crypto.com report. Making its disclosure in an 18-page report from its Research and Insights Team, the centralized Bitcoin exchange pointed out that 580 million people became...

, by Jimmy Aki

SatoshiVM Team Wallet Activity and 25% Price Decline Cause Rug Pull Fears

The recently launched cryptocurrency SatoshiVM (SAVM) is being accused of being a scam, with a price decline and suspicions of an exit scam known as a “rug pull” in the crypto community. SAVM initially saw a quick 20% price increase after its January 19 launch, peaking interest...

, by Trent Alan

BitRiver – Bitcoin Mining More Profitable in Russia Than US

The head of Russia’s biggest crypto mining firm says that Bitcoin (BTC) mining is more profitable in his country than in the United States – and that halving will only heighten the discrepancy. Per RBC, Igor Runets, the Founder and CEO of BitRiver, said the difference would likely...

, by Tim Alper

Concentric Confirms $1.6M Private Key Breach on Arbitrum Protocol

The liquidity manager app Concentric has fallen victim to private key exploitation on the Arbitrum network. According to the post on their official X account, the protocol confirmed the incident, revealing that the security breach resulted from a targeted social engineering attack on one of its...

, by Hassan Shittu

Just In: FTX’s Bankruptcy Estate Sold 22 Million GBTC Shares, Leading to $1 Billion GBTC Outflow

The ongoing bankruptcy proceedings for crypto exchange FTX have led to major sell-offs from one of the largest bitcoin funds. According to a recent CoinDesk report, FTX's bankruptcy estate sold 22 million shares in the Grayscale Bitcoin Trust (GBTC) fund, amounting to around $1 billion in...

, by Trent Alan

Crypto Prices Stabilize as SEC Approval of ETFs Ends Speculation and Reduces Volatility: Fineqia

Bitcoin's price has stabilized, closing the week at around $41,600, experiencing a marginal 0.4% decline compared to the previous week's closing value of approximately $41,750. The reduced volatility can be attributed to the recent approval of ETFs by the SEC, putting an end to speculation...

, by Ruholamin Haqshanas

US Treasury Announces New Sanctions Against Hamas-linked Crypto Companies

The United States Department of the Treasury’s Office of Foreign Assets Control has imposed new sanctions on facilitators and networks involved in crypto transactions linked to the Palestinian militant group Hamas. In an announcement posted on January 22, the Office of Foreign Assets...

, by Brian Yue

CEO of Crypto Ponzi Scheme IcomTech Handed Five-Year Sentence

The CEO of a large-scale crypto Ponzi scheme known as IcomTech has been sentenced to five years in prison and ordered to forfeit $914,000 in criminal proceeds. On January 19th, the U.S. Attorney’s Office, Southern District of New York, issued a press release stating that Marco Ruiz Ochoa...

, by Brian Yue

Crypto Mining Investor B.Riley Facing SEC Probe

B.Riley, an investment firm that has backed numerous Bitcoin mining projects, is allegedly involved in a probe brought forth by the United States Securities and Exchange Commission (SEC), according to a new report from Bloomberg.B.Riley’s deals in question following business with alleged...

, by Julia Smith

Japanese Crypto Advocate Wins Parliament Seat

A leading Japanese crypto advocate has won a seat in the House of Councilors, the nation’s lower parliamentary house. Per CoinPost, Takeshi Fujimaki, a former lawmaker who lost his seat in the 2019 election, has been restored to the house under proportional representation...

, by Tim Alper

Castle Funds’ COO Exclusive: Just Because Bitcoin ETFs Are Allowed Doesn’t Mean They’ll Succeed

In an insightful interview with Cryptonews, Dan Hoover, the Chief Operating Officer and Chief Compliance Officer at investment firm Castle Funds, discussed several Bitcoin ETF-related topics. These include how valuable Bitcoin ETF trading volume information really is, what it takes for ETFs to...

, by Sead Fadilpašić

Digital Asset Investment Products Record $21M Outflows Despite $11.8B Trading Volume

Digital asset funds have recorded a minor $21 million in outflows while trading volumes surged past $11 billion as crypto prices plummeted in the past seven days. CoinShares' Digital Asset Weekly Fund Flows report on Jan 22 shows a slight decline in bullish momentum although inflows were...

, by David Pokima

Top Trending Crypto Coins Today 14 October – Ethereum Name Service (ENS), Quant (QNT), Algorand (ALGO), Tamadoge (TAMA)

The global cryptocurrency market unexpectedly sparked into life on Thursday despite negative inflation data following the US Consumer Price Index (CPI) being released. The news that inflation was once again 8.2% prompted a quick and drastic sell-off of coins - with Bitcoin dropping to a low of...

, by Tom Sheen

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