Metaverse to possibly create $5T in value by 2030: McKinsey report
While the 2022 bear market grazed off the excitement around the budding crypto sub-ecosystems such as nonfungible tokens…
Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season
Scuderia Ferrari, the racing division of luxury carmaker Ferrari, has joined the growing list of Formula One racing…
Wyre imposes up to a 90% withdrawal limit for all users
Crypto payment platform Wyre modified its withdrawal policy to limit users from cashing out up to 90% of…
Iran court orders the release of seized crypto mining equipment
Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during…
Sam Bankman-Fried to reportedly plead not guilty to criminal charges
Former FTX CEO Sam Bankman-Fried (SBF), currently free on a $250 million bail bond, will reportedly plead not…
Judge pulls out of SBF-FTX case citing husband’s law firm’s advisory link
The ongoing legal proceedings around former FTX CEO Sam Bankman-Fried (SBF) took a new turn as District Judge…
Public Bitcoin mining companies plagued with $4B of collective debt
The recent bankruptcy filing of Bitcoin (BTC) miner Core Scientific, despite a $72 million relief offer from creditors,…
FTX paid $12M retainer to a New York law firm before bankruptcy filing
Defunct crypto exchange FTX paid a retainer of $12 million to bankruptcy lawyers as security for payment of…
Sam Bankman-Fried found ‘chilling’ in JFK airport lounge on $250M bail bond
The momentary arrest of former FTX CEO Sam Bankman-Fried (SBF) can be attributed to the efforts taken by…
Bitcoin miner Core Scientific reportedly files for Chapter 11 bankruptcy
Just days after creditors offered to help Core Scientific — a Bitcoin (BTC) mining company — avoid possible…