Cryptocurrency investor optimism is palpable ahead of US President-elect Donald Trump’s inauguration on Jan. 20, which is expected to bring more regulatory clarity to the industry.Bolstered by the prospect of more industry-friendly regulations, the X
By Howard Fischer and Liberty McAteerAbout the authors: Howard Fischer and Liberty McAteer are both partners at the New York law firm of Moses Singer. Fischer was previously a senior trial counsel at the SEC. McAteer is a partner in the firm's techno
A recent report by crypto index fund management firm Bitwise outlines varying price projections for Solana (SOL) based on its adoption and scalability improvements. According to the report, the ‘bull case’ scenario could see SOL’s price soar to $6,63
Opinion by: Yat Siu, co-founder and executive chairman, Animoca BrandsIn 2023, I gave a talk on the TED mainstage about the opportunity of Web3, the true meaning of the open metaverse and why digital property rights are fundamentally important (watch
The US Supreme Court has declined to hear an appeal from crypto exchange Binance and its founder, Changpeng “CZ” Zhao, regarding a class-action lawsuit by investors who alleged the exchange illegally sold unregistered tokens that lost significant val
Crypto-focused bank Sygnum secured a valuation of $1 billion after raising $58 million in its latest funding round, it said on Tuesday.The round was backed by bitcoin-focused venture capital firm Fulgur Ventures, with participation from current and n
Update 11:00 am UTC: This article has been updated to include quotes from Philipp Zentner.FTX is preparing to distribute more than $1.2 billion in repayments to the bankrupt former cryptocurrency exchange’s users.FTX, once the world’s second-largest
Razzlekhan spits bars before going behind barsConvicted money launderer Heather Morgan has released a bizarre rap video as her alter ego “Razzlekhan” just days before starting her 18-month prison stint for her role in the infamous Bitfinex hack.In a
Solana-based decentralized exchange Mango Markets will wind down its operations on Monday in the wake of an SEC settlement that required Mango's governance DAO and development organization to destroy their MNGO tokens and delist them from all exchang
Recent figures reveal that cybercrime inflicted losses of $298 billion on German companies alone in 2024, with 90% of surveyed businesses expecting damages to rise further. The primary targets? Sensitive data like intellectual property, patents and u
Canadian Conservative front-runner Pierre Poilievre has become a darling among crypto proponents, who say he will usher in a new era of financial freedom — but others fear he has more to lose than gain by embracing crypto in this upcoming election cy
United States President Joe Biden, scheduled to leave office on Jan. 20, still has time to issue pardons and commute the sentences of individuals convicted of federal crimes — and some crypto users are betting he turns his attention to the founders o
Backpack Exchange, a centralized cryptocurrency platform, has responded to claims made by the FTX Recovery Trust disputing the legality of its acquisition of FTX EU.On Jan. 8, Backpack said it had acquired FTX EU after obtaining regulatory approval f
Following Backpack’s announcement on Tuesday that it had acquired FTX EU following regulatory approval and would take responsibility for distributing the previously court-approved FTX bankruptcy claims, the FTX estate has disputed some of the claims
Bankrupt cryptocurrency exchange FTX clarified today (Thursday) that Backpack's "purported" acquisition of its Cyprus division has not been approved by the court, nor has Backpack been authorised to distribute funds to FTX customers.Further, the pres
The FTX bankruptcy estate has disputed the recently announced sale of FTX EU to Backpack, the cryptocurrency exchange and wallet firm founded by former FTX and Alameda employees.The FTX estate said Backpack “has no involvement whatsoever in the U.S.
Backpack Exchange responded to FTX's claims hours after the bankrupt exchange called the acquisition of its Cyprus entity unauthorised. The latest press release from Backpack emphasised that it has already purchased FTX EU from former insiders, with
Bankrupt crypto exchange FTX says the acquisition of its European arm FTX EU by crypto exchange Backpack has not been approved by the bankruptcy court, nor has Backpack been authorized to make distributions to FTX creditors.Backpack announced that it
The criminal fraud trial of Do Kwon, co-founder and former CEO of Terraform Labs, is tentatively set for January 2026 in the United States. The timeline accounts for the processing of six terabytes of data as part of the discovery phase.A Mountain of
Avraham “Avi” Eisenberg, the individual convicted of fraud and market manipulation related to an exploit of the Mango Markets decentralized exchange, will be sentenced on April 10.In a Jan. 8 filing in the US District Court for the Southern District