UK’s digital pound-“Britcoin” launch decision to be made by 2025
The Bank of England(BoE) and UK Treasury would seek to develop a modernized digital payments system that does not negate the use of cash.
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DCG to sell Genesis Trading Unit under bankruptcy recovery efforts
The deal includes refinancing a $100 million loan in BTC and a $500 million loan in cash that DCG borrowed from Genesis.
Bankrupt FTX urges politicians to return SBF-tied donations to repay creditors
FTX "has sent confidential letters" to politicians and other political beneficiaries of Bankman-Fried, his deputies, and his companies, seeking the money back
FBI seizes over $100k worth NFTs from scammer after ZachXBT probe
The seized NFTs, which include renowned collections BoredApeYachtClub #9658 , Doodle #3114, have a combined value of $104,856.20.
Logan Paul and CryptoZoo face class action lawsuit, accused of fraud
The suit alleges that Paul and CryptoZoo stole millions of dollars worth of purchaser's crypto via a fraudulent venture.
Indonesia aims to launch its national crypto exchange by June
Over the next two years, the crypto oversight will be taken from Bappebti by the Financial Services Authority (FSA).
BonqDAO suffers $120 Mln exploit, Allianceblock tokens worth $12 Mln stolen
The hacker changed the update price function of the oracle in one of BonqDAO’s smart contracts leading to price manipulation of the wALBT token.
Coinbase NFT Marketplace halts Creator Drops, rubbishes shutting down rumors
Coinbase states the latest decision will allow its developers to devote more time to other features of its product.
Bankrupt BTC Miner Core Scientific gets court nod to borrow $70M from B. Riley
The loan would primarily be used to pay off its existing debtor-in-possession (DIP) financing loan
Bankrupt BlockFi gets court approval for sale of its crypto mining assets
To participate in the bidding process, potential bidders are expected to deliver written proposals to each of the "co-counsel to the debtors."