Amid the crypto winter, the app that produces stablecoin Vader Protocol US Dollar (USDV) has announced plans to shut down according to a Dec 29 blog post from its developers.
Author: qaasim
qaasim
Salaam Rasak entered the crypto space while completing his Masters degree and has continued to dig deep into Web3 space since then, writing articles related to Web3 and blockchain. He started working with Blockchain Journal in September 2022.
Cryptocurrency mining firm Argo Blockchain has finally sold its Helios mining facility to Galaxy Digital for $65M according to a blog post.
Following the initial warning raised by Binance CEO Changpeng Zhao (CZ) over 3Commas API Key leak, the CEO of the crypto trading platform Yuriy Sorokin has confirmed the incident, stressing that the leak was discovered to be an inside job.
Following the release of the founder of FTX Sam Bankman-Fried on Dec. 22, the wallets of the company Alameda Research have become active with records of crypto transactions.
The hacker, Avraham Eisenberg, behind the attack on the decentralized exchange Mango Markets has finally been arrested in Puerto Rico according to a Dec 27 filing from the United States Attorney Southern District of New York.
A number of users within the crypto community have descended harshly on New York Times (NYT) following its Dec. 26 publication, which portrays a sympathetic feeling for the founder and former CEO of the collapsed FTX company, Sam Bankman-Fried.
Amid the bear market saga, Near project’s Octopus Network has announced the sacking of 40% of its staff as a result of the festering crypto winter.
After weeks of persistent Bitcoin withdrawals on exchanges following the collapse of FTX, this action has fallen sharply to a 7-month low according to data from blockchain analytics firm Glassnode.
Amid the rising spread of Fear of Uncertainty and Doubt (FUD) about Binance, the cryptocurrency exchange decided to address some of the lingering issues via a Chinese blog post published by Binance on Dec. 22.
The founder and former CEO of FTX company Sam Bankman-Fried (SBF) was granted a $250 million bail bond on Dec. 22. by the United States District Court for the Southern District of New York.