In a shocking turn of events, Su Zhu, co-founder of the now-defunct Singaporean hedge fund Three Arrows Capital (3AC), was apprehended at Singapore’s Changi International Airport while trying to flee the country. This arrest came after Singaporean courts issued an arrest warrant for Zhu due to his deliberate failure to comply with a court order
A recent report by whistleblower platform Crypto Leaks has put crypto intelligence firm Arkham Intelligence in the hot seat. The report accuses the company of exploiting vulnerabilities at major exchanges to obtain users’ personal information without their consent. The allegations stem from video testimony given by a purported former Arkham engineer, who claims that the
An investigative report recently published by Forbes has shed light on potential discrepancies in the initial coin offering (ICO) conducted by Binance, one of the leading cryptocurrency exchanges. The report suggests that Binance may have overstated the success of its ICO for Binance Coin (BNB) back in 2017, raising questions about the accuracy of its
Wall Street has always been notorious for its secretive nature, especially when it comes to lucrative opportunities. In the past, traditional investors were caught off guard by the rapid rise and adoption of electric vehicles, while savvy individuals had already positioned themselves in rare earth metals, reaping significant profits. Similarly, the emergence of new AI
In a recent revelation, it has been reported that some employees of FTX, a prominent cryptocurrency exchange, were aware of a backdoor that allowed Alameda, a trading firm, to withdraw customers’ funds. This shocking revelation brings to light the potential misuse of customer assets and raises serious concerns about the security and integrity of the
The leading Ethereum layer-2 scaling solution, Arbitrum (ARB), has been experiencing a continuous downward slide. Its rejection from the upper trendline has left many disappointed investors wondering, “Is Arbitrum going to zero?” Furthermore, the recent conclusion of the Arbitrum airdrop claim revealed that a whopping 69.4 million tokens remained unclaimed, equating to 0.69% of ARB’s
Netmarble, the South Korean video games giant, has achieved a significant breakthrough in blockchain gaming with its subsidiary’s coin, MarbleX’s MBX, set to be listed on the Japanese crypto exchange Zaif. This development marks the first instance of a South Korean gaming firm listing a token in Japan, a market that has been traditionally challenging
The cryptocurrency market is known for its volatility and ever-changing landscape. Over the past two years, Ethereum (ETH) has been the dominant force, outperforming Solana (SOL) in the weekly chart. However, a technical analyst called “CryptoGodJohn” on X suggests that this trend may soon reverse. By analyzing the candlestick arrangement of the SOLETH chart on
The Bank for International Settlements (BIS) and central banks within the Eurosystem have recently unveiled Project Atlas, a groundbreaking proof of concept aimed at investigating the economic implications of crypto assets and decentralized finance. This innovative initiative, developed in partnership with the BIS Innovation Hub Eurosystem Centre, De Nederlandsche Bank, and the Deutsche Bundesbank, is
Bitcoin has recently faced a significant challenge as it tries to regain its momentum in the market. On-chain data suggests that there is a crucial level that Bitcoin needs to surpass in order to make a strong comeback. This article will delve into the details of this level and its implications for the future of