Users say ZKasino still hasn’t returned ETH months after claims opened
The project claimed it was allowing users 72 hours to sign up to receive their ETH back, but two months later, the funds have not moved.
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Bitcoin returns to $1T asset as BTC price blasts to $55K
It’s full bull all over again as $56,000 and a trillion-dollar market cap become the focus again for Bitcoin bulls. 1621 Total views 54 Total shares Bitcoin (BTC) surged even higher on Oct. 6 as its spot price saw a sudden surge upward to over $55,000, its highest since May 12.BTC/USD 1-day candle chart (Bitstamp).…

European watchdog lists crypto next to lawyers, accountants as an AML threat
The annual supervision report from MONEYVAL concluded that 18 of the 22 jurisdictions have an insufficient level of compliance with AML standards. 140 Total views 24 Total shares Europe’s Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) watchdog, MONEYVAL, has listed monitoring the crypto sector along with “gatekeeper” professionals, such as lawyers and accountants,…

Celsius pays down 143M in DAI loans since July 1
The crypto lender’s liquidation price on its Bitcoin loan has dropped to less than $5,000, according to DeFi industry data. 664 Total views 4 Total shares Celsius (CEL) has repaid a substantial amount of its outstanding debt to Maker (MKR) protocol since the beginning of the month, signaling that the troubled crypto lending platform was…

Biopharma exec says Bitcoin could help industry through ‘biotech winter’
NASDAQ-listed biopharmaceutical firm Atai Life Sciences says cryptocurrencies like Bitcoin could be key to survival for biotech startups as they wade through years of regulatory approvals. Atai, which is developing mental health treatments using psychedelics like DMT and MDMA, has become the latest public company to announce plans to buy Bitcoin. It plans to buy

FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing
Not much is known about who these creditors could be, as names and personal information were redacted from the published document. According to a court filing on Nov. 20, FTX Trading LTD owes its top 50 creditors over $3 billion USD. The document, which was submitted through the United States bankruptcy court for the district…

Retail Crypto Insurance: Protecting Crypto Holdings Becoming Mainstream
Insurance underwriters associated with Lloyd’s of London are now backing a new liability policy designed to protect cryptocurrency stored in online wallets. With a modest minimum of 1,000 British pounds ($1,275) in protected assets and rather flexible terms, the product seems to be geared for retail and corporate investors. But who is behind the novel…

Secret Network offers $400M in funding to bring others in on the secret
“With this funding, Secret Network and its partners aim to scale privacy-first, decentralized applications to global adoption by millions of users,” said Tor Bair, the Founder of the Secret Foundation. 253 Total views 2 Total shares Secret Network is offering $400 million in funding to grow its privacy-oriented ecosystem and expand user adoption.Secret Network is…

Major Bank CEOs Testify at US Congress, Topics Include Blockchain and Crypto
Chief executive officers of leading banks testified before the United States House of Representatives Financial Services Committee on April 10 on how the banking industry has transformed since the 2008 financial crisis. Among many topics spanning the breadth of the banking industry, the CEOs and lawmakers discussed blockchain technology and cryptocurrencies.During his allotted time for…