Mike Novogratz calls Helios a ‘transformative acquisition’ for Galaxy
The Galaxy CEO seems unfazed by the carnage in the BTC mining sector this year, and outlined that the firm is looking to significantly ramp up its mining initiatives. Galaxy…
Vader will shut down stablecoin USDV, cannot find a ‘breakthrough’
The remaining treasury will be distributed to users through a redemption app until June, according to the protocol. The app that produces stablecoin Vader Protocol US Dollar (USDV) will be…
The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen
Just the top 10 major cryptocurrency exploits garnered over $2 billion for malicious actors in a year that was marred with bankruptcies and collapses. It's been a turbulent year for…
False alarm: DOJ did not classify MNGO as a commodity
Avi Eisenberg’s arrest on commodities fraud charges for the Mango Markets exploit raised eyebrows on crypto Twitter and required some processing to work through its intricacies. Avraham Eisenberg was arrested…
Dogecoin devs deny rumor of immediate PoS switch following community concern
The denial was made after critics said the team was going to “kill scrypt miners.” The developers of Dogecoin (DOGE) have denied rumors that the network is immediately switching to…
Bank of India report calls for regulatory coordination on crypto market challenges
The RBI’s latest financial stability report accentuated the negative about cryptocurrency and reminds the world that India is looking for global action on crypto regulation. The Reserve Bank of India…
Prosecutors unlikely to offer Sam Bankman-Fried a favorable plea deal, says lawyer
Former FTX CEO may not be able to offset the two counts of wire fraud and six counts of conspiracy he faces with the credits by entering a guilty plea.…
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