In his research, ZachXBT uncovered that the Binance address where Michel moved his ill-gotten Mutant Ape Planet proceeds also received funds from the Crazy Camels and Fashion Ape NFT exit scams.
The FTX collapse has accelerated lay-offs as the sector struggles to weather the incessant turmoil.
Crypto-focused bank – Silvergate Capital – has become the latest to slash 40% of its workforce, which is around 200 employees, according to a Wall Street Journal report on Thursday.
In a press release on Jan. 4, AAG said the objective is to onboard more people into the metaverse, creating more opportunities in this developing sphere, and as they do so, save users the need to store their seed phrases. The demand by wallet providers for users to safely store their seed phrases, which are required for verification and approval of web3 transactions, is among the many reasons slowing down adoption.
Logan Paul has been at the receiving end of seemingly endless controversies since his career took off as a media star. His two-year-old NFT venture – Crypto Zoo – is now under intense scrutiny.
The latest development has ruffled a lot of feathers in the space. The crypto scam allegations are yet to fizzle out, but the investigative journalist who interviewed purported investors of the project has dropped bombshell allegations about Paul and his team members.
Bankman-Fried pleads not guilty
Lee Jung-hoon, the former chairman of Bithumb, is now free of all charges in South Korea. He was alleged to have defrauded the business of $70 million during the acquisition of the crypto exchange.
The year 2022 saw so many ups and downs, as well as breakthroughs and setbacks in the crypto, fintech, and technology space. Here are the top 15 stories that grabbed our attention throughout this year.
The world's largest crypto briefly rose above $70,000 Friday, but immediately tumbled about 5% to below $67,000 It's deja vu all ove...
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