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Cryptology Key CEO Found Dead in Lamborghini in Ukraine Amidst Cryptocurrency Market Crash
Ukrainian crypto investor and blogger Konstantin Galish, known as Kostya Kudo, was found dead in his Lamborghini in Kyiv. Authorities confirmed a gunshot wound and a weapon registered in his name, with police initiating a pre-trial investigation. The 32-year-old was a prominent figure in crypto education and trading, managing millions in investor f...
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Ukrainian Crypto Trader Found Dead In Lamborghini Amid $19 Billion Market Crash, Suicide Suspected
His death coincides with a significant crypto market crash triggered by US President Donald Trump's announcement of a 100% tariff on Chinese imports.
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Libra Memecoin Backed by Argentina's President Javier Milei Sparks Rug Pull Concerns: All Details
Argentina's President Javier Milei promoted the Libra memecoin on his official X account last Friday. Within hours of launch, its value skyrocketed and then crashed, sparking rug-pull accusations across social media.
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Ripple's XRP Surges 40% After Trump Win, But It May Crash Soon
On Monday, XRP skyrocketed by an impressive 40% within 24 hours, reaching $ 2.80- a milestone it hadn't achieved in seven years.
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"I'm Haunted Every Day": Sam Bankman-Fried Speaks Out After Sentencing
He was found guilty of multiple counts of fraud in 2023 after the spectacular crash of his cryptocurrency exchange FTX.
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Large Withdrawals by Crypto Whales Responsible for US Banking Crisis: Federal Reserve Bank of Chicago
The Federal Reserve Bank of Chicago has blamed the downfalls of BlockFi, Celsius, FTX, Genesis (in partnership with Gemini), and Voyager Digital major reasons behind the ongoing banking crisis in the US. Several crypto firms laid off staff members while the others filed for bankruptcy last year, leading to the outflows of large crypto investments.
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Terraform Founder Do Kwon Charged for Forging Documents by Montenegrin Police
Montenegrin police on Friday formally charged Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion (nearly Rs. 3,29,500 crore) or more last year, for forging official documents after arresting him on Podgorica airport.
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Cryptocurrencies Show Signs of Recovery Months After Big Crash as Bitcoin, Ether Return Along With a Bonk
Bitcoin has recorded a 26 percent gain so far in January, as the world's most popular cryptocurrency makes a sharp recovery from the global crypto meltdown that began in October 2022. Amid a rise in the value of cryptocurrencies, Bonk, a memecoin launched at the end of December on the Solana blockchain, rocketed 5,000 percent by early January.
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Steadier Hands, Durable Companies to Steer Crypto in 2023, Predicts Circle CSO
Despite the ongoing slump in the crypto market, industry analysts are optimistic that this downturn has filtered out shaky and evidently risky firms from the already volatile industry, Circle CSO Dante Disparte said in a recent post for the World Economic Forum (WEF).
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Binance’s Acquisition of Voyager Digital Could Be Delayed by US Review
Binance's $1 billion (roughly Rs. 8,275 crore) acquisition of bankrupt crypto lender Voyager Digital could be delayed or blocked by a US national security review, according to a Friday bankruptcy court filing. Binance is owned by Chinese-born and Singapore-based Changpeng Zhao and has no permanent headquarters.
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Sam Bankman-Fried Says He's 'Deeply Sorry' in Letter to Former FTX Employees
The founder of the failed crypto exchange FTX has written to his former employees apologising for his role in its collapse and continuing to insist its downfall can be solely explained by a misplaced $8 billion (roughly Rs. 64,940 crore).
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FTX Collapse: Global Regulators Set to Target Crypto Sector After Major Platform Crashes
FTX's collapse has galvanised regulators globally who are set to target the crypto sector and 'conglomerate' platforms in 2023, according to IOSCO Chairperson Jean-Paul Servais. Crypto assets like Bitcoin have been around for years but regulators have resisted jumping in to write new rules, but the implosion at FTX, which left an estimated one mill...
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CoinSwitch Gets Balance Sheet Verified by Independent Agency in Cryptoquake Aftermath
CoinSwitch Kuber has claimed to have received a verification of its balance sheets from INMACS. The aim was to prove that the Indian crypto exchange holds sufficient reserves to match its customer investments. It is however, noteworthy, that the report confirms of CoinSwitch’s fund sufficiency as of November 4, 2022, that is over two weeks ago. I...
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Mastercard, HSBC Roll Out Digital Dollar Blockchain Project Amid Crypto Crash; Reinstates Support
HSBC, Mastercard and Wells Fargo, along with other banks, have launched a digital dollar blockchain project named the ‘Regulated Liability Network (RLN)’. The launch of RLN is essentially a trial that will run for twelve weeks and singularly operate in co-relation with the US dollar. This result of this trial is expected to become an important ...
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Crypto Lender BlockFi Attracts Bid from Curve On Over 87,000 Suspended Card Holders
Curve payments company is looking to purchase over than 87,000 credit card customers from BlockFi crypto lender whose credit cards have been suspended this November. If Curve’s acquisition deal comes through, it will continue to allow users to earn crypto awards. The company has also said that the users will not be ported to yet another centrally...
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Cryptology Key CEO Found Dead in Lamborghini in Ukraine Amidst Cryptocurrency Market Crash
Ukrainian crypto investor and blogger Konstantin Galish, known as Kostya Kudo, was found dead in his Lamborghini in Kyiv. Authorities confirmed a gunshot wound and a weapon registered in his name, with police initiating a pre-trial investigation. The 32-year-old was a prominent figure in crypto education and trading, managing millions in investor f...
-
Ukrainian Crypto Trader Found Dead In Lamborghini Amid $19 Billion Market Crash, Suicide Suspected
His death coincides with a significant crypto market crash triggered by US President Donald Trump's announcement of a 100% tariff on Chinese imports.
-
Libra Memecoin Backed by Argentina's President Javier Milei Sparks Rug Pull Concerns: All Details
Argentina's President Javier Milei promoted the Libra memecoin on his official X account last Friday. Within hours of launch, its value skyrocketed and then crashed, sparking rug-pull accusations across social media.
-
Ripple's XRP Surges 40% After Trump Win, But It May Crash Soon
On Monday, XRP skyrocketed by an impressive 40% within 24 hours, reaching $ 2.80- a milestone it hadn't achieved in seven years.
-
"I'm Haunted Every Day": Sam Bankman-Fried Speaks Out After Sentencing
He was found guilty of multiple counts of fraud in 2023 after the spectacular crash of his cryptocurrency exchange FTX.
-
Large Withdrawals by Crypto Whales Responsible for US Banking Crisis: Federal Reserve Bank of Chicago
The Federal Reserve Bank of Chicago has blamed the downfalls of BlockFi, Celsius, FTX, Genesis (in partnership with Gemini), and Voyager Digital major reasons behind the ongoing banking crisis in the US. Several crypto firms laid off staff members while the others filed for bankruptcy last year, leading to the outflows of large crypto investments.
-
Terraform Founder Do Kwon Charged for Forging Documents by Montenegrin Police
Montenegrin police on Friday formally charged Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion (nearly Rs. 3,29,500 crore) or more last year, for forging official documents after arresting him on Podgorica airport.
-
Cryptocurrencies Show Signs of Recovery Months After Big Crash as Bitcoin, Ether Return Along With a Bonk
Bitcoin has recorded a 26 percent gain so far in January, as the world's most popular cryptocurrency makes a sharp recovery from the global crypto meltdown that began in October 2022. Amid a rise in the value of cryptocurrencies, Bonk, a memecoin launched at the end of December on the Solana blockchain, rocketed 5,000 percent by early January.
-
Steadier Hands, Durable Companies to Steer Crypto in 2023, Predicts Circle CSO
Despite the ongoing slump in the crypto market, industry analysts are optimistic that this downturn has filtered out shaky and evidently risky firms from the already volatile industry, Circle CSO Dante Disparte said in a recent post for the World Economic Forum (WEF).
-
Binance’s Acquisition of Voyager Digital Could Be Delayed by US Review
Binance's $1 billion (roughly Rs. 8,275 crore) acquisition of bankrupt crypto lender Voyager Digital could be delayed or blocked by a US national security review, according to a Friday bankruptcy court filing. Binance is owned by Chinese-born and Singapore-based Changpeng Zhao and has no permanent headquarters.
-
Sam Bankman-Fried Says He's 'Deeply Sorry' in Letter to Former FTX Employees
The founder of the failed crypto exchange FTX has written to his former employees apologising for his role in its collapse and continuing to insist its downfall can be solely explained by a misplaced $8 billion (roughly Rs. 64,940 crore).
-
FTX Collapse: Global Regulators Set to Target Crypto Sector After Major Platform Crashes
FTX's collapse has galvanised regulators globally who are set to target the crypto sector and 'conglomerate' platforms in 2023, according to IOSCO Chairperson Jean-Paul Servais. Crypto assets like Bitcoin have been around for years but regulators have resisted jumping in to write new rules, but the implosion at FTX, which left an estimated one mill...
-
CoinSwitch Gets Balance Sheet Verified by Independent Agency in Cryptoquake Aftermath
CoinSwitch Kuber has claimed to have received a verification of its balance sheets from INMACS. The aim was to prove that the Indian crypto exchange holds sufficient reserves to match its customer investments. It is however, noteworthy, that the report confirms of CoinSwitch’s fund sufficiency as of November 4, 2022, that is over two weeks ago. I...
-
Mastercard, HSBC Roll Out Digital Dollar Blockchain Project Amid Crypto Crash; Reinstates Support
HSBC, Mastercard and Wells Fargo, along with other banks, have launched a digital dollar blockchain project named the ‘Regulated Liability Network (RLN)’. The launch of RLN is essentially a trial that will run for twelve weeks and singularly operate in co-relation with the US dollar. This result of this trial is expected to become an important ...
-
Crypto Lender BlockFi Attracts Bid from Curve On Over 87,000 Suspended Card Holders
Curve payments company is looking to purchase over than 87,000 credit card customers from BlockFi crypto lender whose credit cards have been suspended this November. If Curve’s acquisition deal comes through, it will continue to allow users to earn crypto awards. The company has also said that the users will not be ported to yet another centrally...
