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Top The Block News

U.S. seeks tighter bail for FTX founder Bankman-Fried to prevent tampering
Business · New York

U.S. seeks tighter bail for FTX founder Bankman-Fried to prevent tampering

47% Center coverage: 17 sources
U.S. prosecutors on Friday asked a Manhattan judge to impose tougher bail conditions on Sam Bankman-Fried, expressing concern that the founder of the FTX cryptocurrency exchange might tamper with witnesses or destroy evidence in his criminal case.See the Story
FTX seeks to claw back political donations by the end of February
Cryptocurrency

FTX seeks to claw back political donations by the end of February

100% Center coverage: 2 sources
The move is part of bankruptcy proceedings and an effort to repay the crypto exchange creditors. According to FTX, the defunct firm has recovered $5 billion in cash and liquid cryptocurrencies by Jan. 11. Total liabilities amount to nearly $9 billion, according to the statement.See the Story
a16z votes against proposal to deploy Uniswap v3 on BNB Chain

a16z votes against proposal to deploy Uniswap v3 on BNB Chain

100% Center coverage: 1 sources
Andreessen Horowitz (a16z) voted against a final proposal to deploy Uniswap V3 on the BNB Chain using the Wormhole bridge. The venture firm used its 15 million UNI holding against the move. At the time of publication, only 3% of votes had been cast, or 23.4 million votes.See the Story

Latest News Stories

Cryptocurrency · Turkey

Turkish rock star and charity establish crypto donation wallet for earthquake support

The crypto community is stepping up to help victims of the tragic natural disaster in Turkey by opening a multisig wallet on BNB Chain.See the Story
Ethereum

Ethereum's Buterin Proposes 'Stealth Addresses' To Enhance Privacy Protections

100% Center coverage: 1 sources
Vitalik Buterin suggests using stealth addresses to enhance privacy-preserving transfers. Stealth addresses are a feature that is supported by other blockchain networks, like Monero (XMR) The network creates one-time addresses that are not connected to the user's public address. The technology is also featured in Zcash, Dash, Verge, Navcoin, and PIVX.See the Story
US & Canada · New York

SEC Alleges Gemini, Genesis Sold Unregistered Securities

50% Center coverage: 20 sources
The U.S. Securities and Exchange Commission (SEC) on Thursday said it has charged Genesis Global Capital LLC and Gemini Trust Company LLC with illegally selling securities to hundreds of thousands of investors through their crypto lending program. See the Story
Business · New York

Crypto Lender Genesis Considers Bankruptcy, Lays Off 30% of Staff

65% Center coverage: 20 sources
Massive crypto lender Genesis Global Trading Inc. laid off 30% of its staff and is considering filing for bankruptcy, according to people familiar with the matter, the latest sign of financial turmoil at the crypto lender. See the Story

Public Bitcoin mining companies plagued with $4B of collective debt

100% Center coverage: 1 sources
The Bitcoin mining community took up massive loans during the 2021 bull market, negatively impacting their bottom lines during a subsequent bear market. Just the top 10 Bitcoin mining debtors cumulatively owe over $2.6 billion. Most Bitcoin miners, including the third-biggest debtor, Greenidge, are undergoing a restructuring process to reduce debt.See the Story
Central Bank

Coinbase Secures Regulatory Approval to Operate as a Virtual Asset Service Provider in Ireland – Regulation Bitcoin News

Coinbase has announced it has secured regulatory approval as a virtual asset service provider (VASP) in Ireland. The trading platform can continue to provide digital asset products and services to individuals and institutions in Europe and internationally, from Ireland. Ireland has published multiple warnings about investing in virtual currencies (VCs) and dealing with unregistered VASPs.See the Story
Business · New York

Bitcoin miner Core Scientific to file for Chapter 11 bankruptcy

52% Center coverage: 21 sources
Core Scientific is one of the largest miners of the cryptocurrency bitcoin. The Austin, Texas-based company has locations in Georgia, Kentucky, North Carolina and North Dakota. The company's value has dropped from about $4.3 billion in July 2021, to about $78 million at the close of market on Wednesday.See the Story
Cryptocurrency

Crypto Exchange Kraken Freezes Accounts of FTX, Alameda Research, Their Executives – Exchanges Bitcoin News

Cryptocurrency exchange Kraken has taken steps to freeze verified accounts belonging to FTX Group, Alameda Research, and their executives. Kraken has been in contact with law enforcement after discovering that an account on its platform was used in connection with unauthorized transfers at FTX. FTX filed for Chapter 11 bankruptcy Friday.See the Story

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