Bankruptcy judge Michael Kaplan said that on Jan. 9, he will review if the shares should be transferred to a neutral broker. The largely disputed Robinhood shares might be transferred to a neutral broker or an escrow account while the courts determine the rightful owner.  Digital asset lender BlockFi recently sued former FTX CEO Sam...Continue Reading

Blockchain tracker Whale Alert has attempted to scan FTX’s historical balance checks to find out whether it was possible to spot the collapse sooner. Data transparency has been a focal point for the crypto industry, but the FTX fiasco has shown that centralized exchanges (CEX) are not transparent enough. So far, crypto analytics firms are...Continue Reading

BMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the development of a customer loyalty program. German car manufacturer BMW plans to integrate blockchain technology into its daily operations and create a blockchain loyalty program for its customers in Thailand. The...Continue Reading

The researchers found that in some exchanges, the wash trading volume can go as high as 80%. With exchanges becoming a focus as the FTX fiasco continues, a new research paper suggested that almost three out of four transactions in unregulated exchanges are fake.  A working paper titled “Crypto Wash Trading” was recently published by...Continue Reading

Fiji elects a pro-Bitcoin prime minister, signaling a positive future for Bitcoin adoption in the pacific island nation. A newly elected pro-Bitcoin Prime Minister has taken office in the Pacific Islands of Fiji. The new leader, Sitiveni Rabuka, took the Fijian office on Dec. 24.  Lord Fusitu’a, a Tongan noble and a former member of...Continue Reading

Data negates the possibility of liquidators behind the fund transfers due to the use of mixing tools and extensive planning to hide transaction paths. 30 cryptocurrency wallets linked to Alameda Research, the bankrupt sister company of crypto exchange FTX, became active on Dec. 28 following four weeks of inactivity. These wallets swapped and mixed over...Continue Reading

The coming decade could be Bitcoin’s time to copy gold’s 1970s breakouts, says Capriole Investments. Bitcoin (BTC) is due to copy gold’s explosive 1970s breakout as it becomes the world’s “hardest asset” in 2024. That was one forecast from the latest edition of the Capriole Newsletter, a financial circular from research and trading firm Capriole...Continue Reading

Many praised the move, while others brought up some potential negative effects of one entity holding a lot of Bitcoin. Software analytics company MicroStrategy recently added more Bitcoin (BTC) to the firm’s holdings. Members of the crypto community had mixed reactions to the move.  In a recent tweet, MicroStrategy’s executive chairman Michael Saylor announced that...Continue Reading

3Commas finally admitted there was an API leak after months of refuting community reports that it had occurred. Users were not happy about being “gaslighted.” Victims of the 3Commas API leak are calling for refunds and an apology from the crypto trading platform for being gaslighted over the whole ordeal. The past couple of months...Continue Reading

Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate. Bankrupt crypto lender Celsius Network is planning to file a motion that would extend the deadline for users to submit their claims by another month. The crypto community has started to grow impatient, noting that...Continue Reading