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The Couple Responsible for the 2016 Bitfinex Hack Got Arrested

On February 8, 2022, the U.S. Justice Department announced that it had seized over $3.6 billion worth of stolen Bitcoin. They arrested a couple who were accused of laundering the cryptocurrency stolen in the Bitfinex heist six years ago. Ilya Lichtenstein (34) and Heather Morgan (31) were charged with conspiring to launder the 119,754 Bitcoin […]

coachella NFTs festival lifetime passes

Coachella, the famous US music festival, has launched lifetime festival passes. But the truly surprising news is that these passes will be sold as NFT. Coachella has partnered with FXT.US to create the Coachella NFT marketplace. The NFTs will be put on sale on February 4, and need to be redeemed by February 25, 2022.  […]

Is the ETH Stolen From Crypto.com Accounts Laundered via Tornado Cash?

Crypto.com has stopped withdrawals on the platform for a few hours to investigate suspicious withdrawals. Supposably, the stolen funds have then been laundered through the Ethereum coin mixer, Tornado Cash.  Crypto.com suspends withdrawals  On January 17, a new threat has been detected on one of the most popular cryptocurrency exchanges. According to the official Crypto.com […]

Gibraltar to Become the World’s First Crypto Hub

Valereum, a blockchain company, send a proposal to purchase the Gibraltar Stock Exchange (GSX). The local regulators are reviewing the proposal. This would mean that the British overseas territory could host the first integrated bourse in the world, where both traditional bonds and major cryptocurrencies like Bitcoin, Ethereum, Stellar and more can be traded. This […]

FSOC Annual Report Warns About Stablecoins and the DeFi Market

The Financial Stability Oversight Council (FSOC) still awaits the U.S. Congress’s action on cryptocurrency, and in particular, stablecoins, before it decides if it should take any action. Although FSOC was unsure whether it would take specific crypto-related actions or not, their annual report highlights the concerns regulators have regarding stablecoins, and the wider cryptocurrency market.  […]

Wright Won Against Kleiman. But Is Craig Wright the Real Satoshi Nakamoto?

Wright doesn’t own half of his alleged Bitcoin stash to Kleiman’s family. But, is Craig Wright the real Satoshi Nakamoto? The question remains.  Did you know that there is a bronze statue of Satoshi Nakamoto in Budapest, Hungary? The statue features an anonymous face that lets the viewer see his own face reflected. The statue […]

Crypto.com Acquires Two Exchanges From IG for $216 Million

The rapidly-expanding cryptocurrency exchange Crypto.com, from Singapore, has reached a deal to acquire two trading platforms from IG Group. This would allow it to gain more authority on the highly regulated derivatives markets from the US.  The $216 million deal with IG Group On Wednesday, December 1, 2021, Crypto.com agreed to a $216 million deal […]