Scammer returns $9.3M DAI to victim 10 months after phishing them
In a strange turn of events, a phishing scammer has returned a large portion of funds it stole from a victim last September.
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New Jersey mayor plans to invest in Bitcoin ETFs for city’s pension fund
Mayor Steven Fulop said he had been a “long-time believer“ in crypto but did not appear to have mentioned Bitcoin or other tokens before July 25.

Tremors from FTX’s collapse reverberate through the scientific community
With Sam Bankman-Fried involved in so many philanthropic ventures, the fallout of FTX could also see a variety of grants and investments being subject to clawbacks or not honored. 414 Total views 9 Total shares The fall of crypto exchange FTX appears to have already begun to impact the hundreds of grant recipients across a…

Cointelegraph Consulting: Gaming tokens usher in altcoin season
While Bitcoin remains in a cool-off period after thrusting to its all-time high in early November and the decentralized finance (DeFi) sector in an apparent dry spell, gaming tokens seem to have taken the spotlight as massive gains are seen across the industry. The Sandbox’ SAND captured headlines as it spearheaded the enthusiasm for gaming tokens,…

Crypto startup employee quits after realizing telltale signs of failure
The startup ecosystem has historically played a vital role in shaping the crypto community into an almost $2 trillion industry. However, numerous players bank on this notion to consistently overpromise and underdeliver the big WAGMI dream.Back in December 2021, Redditor busterrulezzz thought they landed their dream job after being hired by a crypto startup —…

Singapore suspends Bitget exchange license over K-Pop coin promotion
The Singapore-based Bitget exchange has reportedly lost its license after a legal tussle with the agency for K-Pop boy band BTS. 248 Total views 13 Total shares Singapore-headquartered digital asset platform, Bitget, has reportedly been suspended by the Monetary Authority of Singapore after getting into a dispute with an agency for the popular K-Pop boy…

Banks under pressure from U.S. authorities to cut ties with crypto firms
United States authorities appear to be resurrecting past techniques to crack down on crypto firms and banks offering services to the industry, several sources told Cointelegraph.The alleged strategy consists of isolating the traditional financial system from the crypto market by relying on “multiple agencies to discourage banks from dealing with crypto firms,” with the goal…

1 in 4 investment firms assign senior execs to digital assets: Report
One-quarter of asset managers and hedge funds in the US and Europe have recruited senior executives to oversee digital asset strategies, according to a recent report. 167 Total views 8 Total shares Based on the findings of a market intelligence firm, an increasing number of investment firms in the United States, United Kingdom, and Europe

Chinese man sentenced to 9 months in prison for buying 13K in USDT
China has been harshly enforcing its crypto ban since the start of the year, cracking down on individuals and projects alike. 588 Total views 25 Total shares An individual, identified only as Mr. Chen, has been convicted by the Fuzhou Mawei People's Procuratorate on charges of "offense of concealment and concealment of crime" for purchasing…