Investigation finds FTX bankruptcy lawyer didn’t conspire with exchange
An independent probe found that Sullivan & Cromwell was not complicit in the now-defunct exchange’s fraud.
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This year will produce gains some might call ‘shocking,’ Diginex CEO says
With Bitcoin on a dramatic price run, 2021 could be an eventful year for the crypto industry. 1516 Total views 6 Total shares Bitcoin (BTC) just recently broke through $35,000 as part of a tremendous price rally, in part the result of Bitcoin’s limited supply, according to Diginex CEO Richard Byworth. “Bitcoin is in the process…

OECD tax director says international crypto tax standards are coming in 2021
The director of the OECD’s tax center has revealed that the organization expects to release a tax reporting standard for crypto assets by the end of next year. 2305 Total views 24 Total shares Pascal Saint-Amans, the director of the OECD’s Centre for Tax Policy and Administration, has asserted that the 37-nation organization will introduce…

Ethereum competitor Near launches $800M developer fund as DeFi competition heats up
Total value locked across all decentralized finance projects topped $247 billion on Monday. Near and other smart contract platforms are looking to capitalize. 699 Total views 3 Total shares Smart contract ecosystem Near Protocol has earmarked $800 million for new funding initiatives aimed at growing its decentralized finance capabilities, offering the latest evidence that the…

Bitcoin’s dominance ‘likely peaked’ as altcoins ’start to wake up’ — Analyst
Bitcoin’s dominance in the crypto market is “now losing major support” and potentially has even “peaked” according to crypto analysts.

Beijing subway now accepts digital yuan
Beijing's rail transit service now accepts digital yuan for subway rides through an integration with the Industrial and Commercial Bank of China. China continues expanding the scope of its central bank digital currency (CBDC) by debuting digital yuan payments for transport services.According to an official Wednesday announcement, the Beijing subway has launched a pilot program…

Alleged Hacker Extradited to Face US Charges Over Corporate Extortion Racket
A United Kingdom national, and alleged member of “The Dark Overlord” hacking collective, has been extradited to the United States to face charges. According to an announcement from the U.S. Department of Justice on Dec. 18, the charges relate to the purported theft of sensitive information from companies in the St. Louis area, and threats…

Can the Ethereum blockchain roll back transactions? Understanding the limits and risks
Rollbacks in blockchain explained In blockchain, a rollback refers to reversing its history to counter a disastrous event, such as big hacks threatening to disrupt the ecosystem, the discovery of critical protocol bugs or centralization risks of network integrity. The Bybit hack, which resulted in a staggering $1.46 billion loss, has triggered a demand regarding

Alameda Research wallet receives $13M from Bitfinex, other sources
The assets transferred to Alameda's consolidation wallet are reportedly part of bankruptcy recovery efforts. 121 Total views 3 Total shares Own this piece of history Collect this article as an NFTNearly $13 million has been moved into the consolidation wallet of bankrupt crypto trading firm Alameda Research in just 24 hours, revealed data from blockchain…