Author: Anshul

$1.3 Billion in PlusToken Ethereum Could Soon Hit Exchanges

As much as $1.3 billion worth of Ethereum (ETH) seized from the infamous PlusToken Ponzi scheme could soon flood the market, according to recent on-chain data. The potential liquidation of these assets is raising concerns about the effect on Ethereum’s price. Especially as some of the funds have already made their way to major cryptocurrency […]

FTX Creditor Sues Hedge Fund Over Claim Payout

An FTX customer has taken hedge fund Olympus Peak to court, accusing the firm of underpaying him for his bankruptcy claim. Nikolas Gierczyk, a California-based FTX creditor, sold his $1.59 million claim last year at a 42% discount but now claims Olympus Peak stands to profit significantly from their agreement. In a lawsuit filed Thursday […]

Metaplanet Expands Bitcoin Strategy with $6.5M Purchase

Metaplanet Inc., the Tokyo-listed firm known for its aggressive approach to Bitcoin (BTC), has once again made waves with its latest purchase. On Friday, the company announced it had acquired an additional 108.999 Bitcoin for ¥1 billion (US$6.5 million), pushing its total Bitcoin holdings to an impressive 748.502 BTC. A Strategic Bitcoin Bet Metaplanet’s Bitcoin […]

SonicX Launches TikTok’s First Tap-to-Earn Game

This summer saw tap-to-earn games take over the crypto gaming world, with Telegram-based mini apps attracting millions of users. Now, a Solana-based project is pushing the boundaries of this genre by launching SonicX. A tap-to-earn game that operates natively within TikTok, aiming to capture the attention of Gen Z. SonicX’s Tap-to-Earn Revolution on TikTok SonicX […]

Trump’s DeFi Venture Eyes Aave Partnership

The decentralized finance (DeFi) arena may soon see an intriguing addition with former President Donald Trump’s latest venture, World Liberty Financial, proposing to integrate with the Ethereum DeFi platform Aave. This partnership could mark a significant entry for Trump and his business associates into the burgeoning crypto space. Proposal Details and Strategic Partnership On Wednesday, […]

FTX Seeks Settlement with Former CEO Caroline Ellison

FTX is pushing forward with a legal motion to secure a settlement that would see Caroline Ellison, former CEO of Alameda Research. Surrendering nearly all her assets to the company’s creditors. This request was officially submitted to the court on October 7th, seeking approval for terms that would leave Ellison with minimal personal assets. Let’s […]

Ex-Lawyer Sentenced in Bitcoin Ponzi Scheme

In a recent federal court decision in Las Vegas, 86-year-old former attorney David Kagel was sentenced to five years of probation and ordered to pay nearly $14 million in restitution after admitting to orchestrating a multimillion-dollar Bitcoin Ponzi scheme. This sentence reflects the growing legal actions against crypto-related frauds that continue to plague investors. Details […]

“Money Electric” Probes Satoshi’s Mystery

HBO’s latest documentary, “Money Electric: The Bitcoin Mystery,” premiered this Tuesday. Aiming to unravel one of the cryptocurrency world’s most enduring puzzles: the identity of Satoshi Nakamoto. Directed by Cullen Hoback, the film explores the origins of Bitcoin and investigates several key figures from its early days. Including Peter Todd, a Bitcoin Core developer suspected […]