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Informed Crypto News

Informed Crypto News

1,469 episodes — Page 29 of 30

Top Korean paper knew its award went to $3B crypto scam, victims say

Right-wing newspaper Chosun Ilbo has been accused of knowingly covering and awarding the KOK crypto scam back in 2022.

Oct 8, 20243 min

Nobody likes Bryan Johnson’s breakfast at the Network School

Students at the crypto-funded Network School in Singapore reportedly prefer the hotel’s breakfast buffet over Johnson’s “bunny food.”

Oct 8, 20242 min

DeFi yields exceed 60% APY on bitcoin with insane risks

Ultra-high yields on bitcoin-named tokens are available across a variety of interlinking, risk-compounding projects.

Oct 8, 20242 min

How Terra collapse nearly killed algorithmic stablecoins

The spectacular failure of Terra has caused money to flee from algorithmic stablecoins and has seen many abandon their plans.

Oct 7, 20245 min

Supreme Court won’t stop sale of 69,370 Silk Road bitcoins

The US Supreme Court declined to hear an appeal of a bankruptcy lawsuit that has prevented the liquidation of $4.4 billion worth of bitcoin.

Oct 7, 20242 min

AT&T security flaws exposed by Chinese hacks and crypto thefts

AT&T faces a major network breach by China and a reopened crypto theft case that could set a precedent for customer data protection.

Oct 7, 20243 min

Telegram a haven for crypto launderers and fraudsters, reports UN

The UN has found that criminal enterprises in Southeast Asia, including Chinese syndicates, reportedly make between $27.4B and $36.5B a year.

Oct 7, 20242 min

Bitcoin makes IMF hesitant to issue new loans to El Salvador

The IMF is still unhappy with El Salvador’s use of bitcoin at a sovereign level, and it’s pressing hard at the negotiation table.

Oct 4, 20243 min

Who is Len Sassaman, Polymarket’s top bet for Satoshi?

Polymarket users are betting that deceased cypherpunk Len Sassaman will be revealed as Satoshi Nakamoto in HBO’s documentary.

Oct 4, 20242 min

CZ’s release was supposed to launch Uptober — instead, we lost $200B

In an ironic twist of luck that few predicted, crypto prices apparently performed better while CZ was in prison.

Oct 4, 20242 min

Will HBO documentary unveil Bitcoin’s creator, Satoshi Nakamoto?

A documentarian claims to have discovered Satoshi Nakamoto’s true name and will supposedly unmask the mysterious Bitcoin creator this Tuesday.

Oct 4, 20242 min

Andre Cronje says someone stole his code to build a $1B DeFi project

Cronje claims that someone used his work to create an unauthorized copycat that amassed seven figures in total value locked.

Oct 3, 20242 min

Russian hackers are using deepfake porn sites to steal crypto

Russian ransomware group Fin7 has created at least seven different AI-generated deepfake sites that create non-consensual nude images.

Oct 3, 20241 min

Court rules prediction market Kalshi’s US election bets are legal

A judge has rejected the CFTC’s attempt to stop Kalshi from resuming its election prediction markets as the commission appeals.

Oct 3, 20241 min

Satoshi likely launched 51% attack on Bitcoin during early days

An in-depth review of 2009 blocks suggests it’s highly likely that Satoshi used hash power to reorganize Bitcoin’s blockchain.

Oct 3, 20243 min

VCs secretly cashed out rewards on ‘locked’ EIGEN tokens

EigenLayer once claimed that a majority of its token supply would be locked for a year. Days into its launch, insiders started cashing out.

Oct 2, 20243 min

EOS founder Dan Larimer predicts biblical apocalypse next week

Larimer claims that the biblical apocalypse will begin on October 9 and that mankind should prepare for “sudden destruction.”

Oct 2, 20242 min

India disconnects 20M phone numbers in ‘cyberslave’ crackdown

India is cracking down on international scam calls partly made by its own citizens, who have become ‘cyberslaves’ across South East Asia.

Oct 2, 20243 min

Starling Bank banned crypto but left financial system ‘open to criminals’

Starling banned crypto transactions in 2022, describing them as “high risk and heavily used for criminal purposes.”

Oct 2, 20242 min

3AC founders’ Three Arrowz Capitel memecoin crashes faster than 3AC

Kyle Davies and Su Zhu have launched Three Arrowz Capitel, a memecoin based on a misspelling of their failed hedge fund.

Oct 1, 20242 min

Cambodian crypto camp reporter jailed over Facebook, X posts

Mech Dara was charged with “incitement to disturb social security” and has been placed in pre-trial detention at Kandal Provincial Prison.

Oct 1, 20242 min

Bitcoin mining firm Proton says Swan lawsuit ‘fatally flawed’

Swan Bitcoin claims Proton stole the IP of its bitcoin mining business, but Proton claims that Swan doesn’t even own a majority stake.

Oct 1, 20241 min

Binance founder CZ made over $25 million per day while in prison, report

Although most of his wealth comes from equity in private companies, Forbes claims that CZ could personally have made billions while in prison.

Oct 1, 20245 min

Alleged crypto scammer gets a face reveal courtesy of ZachXBT

Crypto sleuth ZachXBT claimed that the alleged crypto scammer stole $650K while in the UK and confirmed his face was exposed in a video call.

Sep 30, 20241 min

Ohio senator re-introduces failed crypto tax plan

A state senator in Ohio has re-introduced a law that would somehow allow payment of taxes in volatile crypto assets.

Sep 30, 20243 min

Former Coinbase employee accused of ‘stealing’ code for PearAI

A creator of PearAI quit his job at Coinbase to start the firm but has since been accused of stealing code and illegal relicensing.

Sep 30, 20242 min

No, FTX creditors will not receive $16 billion today

Rumors of a $16 billion payout to victims of the FTX fraud circulated on social media. Some people thought they would receive money today.

Sep 30, 20243 min

Billionaire who introduced Tether to Northern Data leaves UK for Switzerland

Christian Angermayer claimed changes to the non-dom tax system would be “a bigger act of national self-harm than Brexit.”

Sep 30, 20242 min

Three DeFi hacks net $10 million in 48 hours despite ‘renaissance moment’

While Aave and Maker (now Sky) founders basked in a ‘DeFi renaissance moment,’ some less well-known projects were losing millions.

Sep 30, 20244 min

Britannia buys operations of fellow Tether bank Deltec

Deltec Bank and Trust has reportedly sold its lines of business to Brittannia bank and Trust, another Tether bank in the Bahamas.

Sep 27, 20241 min

Judge rules crypto protocols can be money transmitters without control

A judge has ruled on the compliance requirements for a crypto money transmitter — even if they do not control their users’ funds.

Sep 27, 20243 min

Is Binance founder CZ really getting out of prison today?

Disgraced Binance CEO Changpeng Zhao might be released from prison two days early due to a federal rule around weekend releases.

Sep 27, 20241 min

Swan Bitcoin lawsuit targets former executives, implicates Tether

A lawsuit filed by Swan Bitcoin against former executives alleges they stole the bitcoin mining operation with help from Tether.

Sep 27, 20245 min

Italian giant UniCredit eyes Commerzbank with German crypto ties

Commerzbank’s partnership with Deutsche Börse subsidiary Crypto Finance offers bitcoin and ether trading for corporate customers in Germany.

Sep 27, 20242 min

Is Bitcoin protected by the First Amendment as Michael Saylor says?

Michael Saylor and dozens of Bitcoiners have endorsed a new report claiming that bitcoin is free speech protected by the US Constitution.

Sep 27, 20244 min

Premier League crypto sponsor Sorare accused of unlicensed gambling in UK

Sorare claims its NFT trading game is not a gambling product and plans to fight the unlicensed gambling allegations in court.

Sep 26, 20241 min

Crypto investors burnt again by Israeli entrepreneur Moshe Hogeg

While a possible court trial is delayed in Israel, alleged scammer Moshe Hogeg has ticked off investors of his recent crypto project Tomi.

Sep 26, 20243 min

The many weird AI depictions of Michael Saylor

Michael Saylor has uploaded 473 Bitcoin-related AI-generated images, many featuring himself, since February last year.

Sep 26, 20241 min

Bill Maher says crypto mining uses 8% of world’s electricity — he’s wrong

Maher was lambasted online after he broadcast the false crypto figures on TV and to nearly 12 million followers on social media.

Sep 25, 20242 min

CHART: Everyone sentenced from FTX and Alameda

Caroline Ellison is the third individual related to the collapse of FTX to be sentenced. Two others will learn their fate later this year.

Sep 25, 20242 min

Do Kwon was leverage in South Korea airport deal, ex-minister claims

A former minister alleged that Do Kwon may have been a tool in a trade deal that would give South Korea control over Montenegro’s airports.

Sep 25, 20242 min

Ether has lost one-third of its bitcoin value in a year

Ether’s curious failure to reach a new high in bitcoin terms for more than seven years has investors scratching their heads.

Sep 25, 20244 min

TrueUSD firms dodge fraud claims with SEC settlement

TrueCoin and TrustToken have settled SEC charges of misrepresenting TrueUSD as 1:1 backed after funds were sent to a speculative, risky fund.

Sep 25, 20243 min

Caroline Ellison sentenced to two years for FTX-Alameda fraud

Caroline Ellison has been sentenced to two years in prison for her role in the FTX-Alameda Research fraud.

Sep 25, 20242 min

Diddy joins SBF, Avraham Eisenberg in ‘horrific’ Brooklyn prison

Sean ‘Diddy’ Combs was jailed at the Brooklyn Metropolitan Detention Center, which has been home to Bankman-Fried since his April sentencing.

Sep 24, 20241 min

Crypto colonists brand Balaji’s Network School fees ‘sketchy’

Applicants to Balaji Srinivasan’s Network School were told they had two days to pay a month’s rent up front despite not knowing its location.

Sep 24, 20242 min

Threadguy shouts one question at Trump, Polymarket calls it an interview

Polymarket confirmed that Threadguy’s 50-word exchange with Trump was an interview, settling a bet made after a hasty $25,000 NFT purchase.

Sep 24, 20241 min

What to expect at Caroline Ellison’s sentencing tomorrow

On September 24, Caroline Ellison of Alameda Research will receive her final sentence for the crimes she committed that harmed FTX customers.

Sep 23, 20243 min

Web3 gaming firm Immutable criticized for limited phishing warning

Ethereum gaming platform Immutable has been criticized for its response to a Discord phishing plot that didn’t include many public warnings.

Sep 23, 20242 min

Did Arthur Hayes dump the project he shilled at Token2049?

Attendees of Token2049 Singapore are laughing at Arthur Hayes apparently selling Pendle just 48 hours after pumping it on stage.

Sep 20, 20242 min