Author: Anshul

FTX Names BitGo and Kraken as Bankruptcy Payout Partners

FTX has officially announced BitGo and Kraken as its distribution partners for bankruptcy payouts. The now Court-approved Chapter 11 Plan of Reorganization will take effect on January 3, 2025, marking the initial distribution record date for claim holders. FTX customers and creditors will receive their first payouts within 60 days following this date. However, distributions […]

SEC Issues Wells Notice to NFT Gaming Project CyberKongz

The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to NFT gaming project CyberKongz, signaling the latest regulatory scrutiny targeting blockchain gaming entities. In a statement posted on X Monday, CyberKongz revealed the SEC’s concerns: Implications of the Wells Notice A Wells Notice serves as a formal warning from the SEC, indicating […]

MacOS Stealer Trojan Goes Open-Source

The cryptocurrency community faces an escalating security threat after the MacOS Stealer Trojan, a malware capable of stealing sensitive data, became open-source. Previously sold for 1 BTC, the decision to release the malware’s code publicly has significantly amplified its potential impact. This development gives malicious actors easy access to advanced attack tools, increasing the likelihood […]

Whale Activity Boosts Cardano and Dogecoin

Last week, significant whale activity in the cryptocurrency market drew attention as major investors aggressively purchased Cardano (ADA) and Dogecoin (DOGE). Analyst Ali Martinez revealed on social media platform X that whales accumulated a staggering $150 million worth of ADA and DOGE within just 48 hours. At the time of writing, ADA is trading at […]

Former OpenAI Researcher, Suchir Balaji, Found Dead at 26

Suchir Balaji, a 26-year-old former OpenAI researcher, who publicly accused the company of unethical data practices to train its AI models, was found dead in his San Francisco apartment on November 26. Authorities have ruled the death a suicide, as reported by TechCrunch. Balaji, who worked as part of OpenAI’s technical staff from November 2020 […]

MicroStrategy Joins Nasdaq 100

On Friday, MicroStrategy (MSTR) officially joined the Nasdaq 100, a milestone that cements its position among the world’s top non-financial companies. Nasdaq confirmed the inclusion in its annual index update press release. Following the news, MicroStrategy’s stock climbed 0.57% in after-hours trading, reaching $411.00, up from its opening price of $400.07, according to MarketWatch. For […]

Avalanche Secures $250M, AVAX Eyes Rally

The Avalanche Foundation has successfully raised $250 million through a private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. Following the announcement, AVAX prices surged nearly 9%, trading at $52.80 as of press time. The funding round saw participation from over 40 investment firms, marking a significant vote of confidence in Avalanche’s ecosystem. […]

Pro-Crypto French Hill to Lead Financial Services

Republican lawmakers have selected French Hill as the next Chairman of the U.S. House Financial Services Committee, replacing retiring chair Patrick McHenry. Hill, a known advocate for pro-crypto policies, triumphed over fellow Republican contenders Andy Barr, Frank Lucas, and Bill Huizenga in a vote held on Thursday. In his statement on X, Hill expressed gratitude: […]