Category: CyberFinance

  • Ethereum Upgrade “Shanghai” Lets DeFi Tokens Take Off!

    Ethereum Upgrade “Shanghai” Lets DeFi Tokens Take Off!

    While Bitcoin (BTC) and Ethereum (ETH) prices are currently barely moving, the costs of liquid-staking tokens are picking up. Here are the reasons. Governance tokens from DeFi projects in the liquid staking space for Ethereum are currently seeing substantial price gains. LDO from Lido Finance has gained over 40% in…

  • Impressive! One Hundred Fourteen States Are Working On Central Bank Cryptocurrency Projects!

    Impressive! One Hundred Fourteen States Are Working On Central Bank Cryptocurrency Projects!

    The number of countries working on Central Bank Digital Currencies (CBDC) is increasing. Half the world is now preparing for CBDC adoption. According to a recent report by the U.S. think tank the Atlantic Council, 114 countries are currently looking into digital central bank money – an increase of 280%…

  • Austrian Bitcoin Ponzi Scheme Operators Sentenced To Years-Long Jail Time!

    Austrian Bitcoin Ponzi Scheme Operators Sentenced To Years-Long Jail Time!

    A 58-year-old Austrian and his 81-year-old father caused enormous damage amounting to 13 million euros throughout the EU with fraudulent Bitcoin trading. The men allegedly ripped off more than 100 victims to the tune of €13 million by promising high returns. The invested capital allegedly was dealt with by professional…

  • U.S. Review Could Delay Or Block Binance Deal For Voyager Digital!

    U.S. Review Could Delay Or Block Binance Deal For Voyager Digital!

    Binance’s $1 billion acquisition of bankrupt crypto lender Voyager Digital could be delayed or blocked by a national security review in the U.S., according to a bankruptcy court filing Friday. The US-based subsidiary of crypto exchange Binance.us intends to buy Voyager’s crypto lending platform with an offer that includes $20…

  • The Art Of Dropping: Donald Trump’s NFT Trading Cards Sell Out And Raise Over $5 Million!

    The Art Of Dropping: Donald Trump’s NFT Trading Cards Sell Out And Raise Over $5 Million!

    Donald Trump’s Trading Cards NFT has been mocked. But the former U.S. president has had the last laugh. He may even have taught the digital asset community a valuable lesson. All 45,000 Donald Trump Trading Card NFTs sold in 12 hours, and people have spent millions trading them on the…

  • FTX Case Update: The $250M Bail And The Key Witness Caroline Ellison!

    FTX Case Update: The $250M Bail And The Key Witness Caroline Ellison!

    Sam Bankman-Fried (SBF), the FTX founder and former CEO was extradited to the U.S. from the Bahamas and brought before the court. He was released on $250 million bail. Earlier, his former partners and alleged accomplices in the FTX fraud, Caroline Ellison, and Gary Wang, pleaded guilty and announced their…

  • Binance Digs Into Voyager Insolvency!

    Binance Digs Into Voyager Insolvency!

    Binance offers about one billion dollars for the assets of the insolvent crypto lender Voyager Ditigal. However, the deal still needs court approval. Voyager will seek to return crypto to its customers in tokens. The Binance deal values Voyager’s crypto portfolio at just over $1 billion. The deal still needs…

  • The End Of Crypto As We Know It! Auditors Stop Working With Crypto Clients!

    The End Of Crypto As We Know It! Auditors Stop Working With Crypto Clients!

    Last week, the French auditor Mazars causes new doubts about the liquitity of ifs crypto clients such as Binance or Crypto.com. It surprising deleted Binance’s PoR audit report from its website and announced the pausing of all activities for all its crypto clients. Mazars also prepared the POR report for…

  • Pointing Finger: Binance Intentionally Caused FTX Collapse Says Mr. Wonderful, Kevin O’Leary!

    Pointing Finger: Binance Intentionally Caused FTX Collapse Says Mr. Wonderful, Kevin O’Leary!

    Amid the bankruptcy proceedings, the Canadian celebrity entrepreneur and FTX investor star Kevin O’Leary sharply criticized crypto exchange Binance and its CEO Changpeng Zhao, a/k/a CZ, claiming they intentionally caused FTX’s collapse. At a hearing of the Senate Banking, Housing and Urban Affairs Committee, the prominent businessman said Binance is…

  • The Arrest Of FTX Founder Sam Bankman-Fried May Make The Crypto World “Whole Again!”

    The Arrest Of FTX Founder Sam Bankman-Fried May Make The Crypto World “Whole Again!”

    For a long time, the Twitter community demanded the arrest of FTX founder Sam Bankman-Fried (SBF) after around a million customers had lost billions with the collapsed crypto exchange. Monday evening, he was now arrested by police in the Bahamas after U.S. prosecutors brought a still-sealed indictment. He is now…