Crypto News
Catch all the latest breaking news where you can learn about the most recent activity in the web3 community and blockchain industry. The crypto market moves fast, so always stay up-to-date with BCCN3.
SBF Had Secret $65B ‘Backdoor’ Credit Line
Court filings show that SBF was using a secret backdoor to illegally funnel at least $65 billion between FTX and its sister company Alameda Research.
Coinbase to Halt Operations in Japan
Coinbase Japan will cease operations next month, citing market conditions, giving customers until Feb 16 to withdraw fiat and crypto from the exchange.
US Justice Department Arrest Bitzlato Founder
U.S. Justice Department targets international crypto crimes with the arrest of Bitzlato founder for money laundering & catering to Russian criminals.
Silvergate Capital Loses $1B in Q4’22
Silvergate shareholders lost $1 billion in Q4 2022 and the company witnessed declining customer assets and surging withdrawals following the FTX collapse.
Polygon Goes Live on Magic Eden
Magic Eden has just launched their new marketplace for Polygon NFTs, looking to capture a wave of rising activity on the network.
Investors Baffled by FTT 56% Rise
Surging price action of the bankrupted FTX exchange token FTT perplexes cryptocurrency investors and analysts who say it should have been delisted.
MANA Rockets 73% Over Weekend
MANA recorded significant gains totaling 73% from Jan 13-15 after the cryptocurrency GitHub activity and the Australian Open sparked bullish sentiment.
BTC Fear and Greed Signals Strength
Bitcoin has moved back to a high of 52 over the weekend on the Fear and Greed Index, indicating confidence from BTC options investors.
3AC Co-Founders Seek $25M to Launch Crypto Exchange
3AC co-founders seek $25M investment to launch new crypto exchange GTX, but face backlash from community over past legal woes.
Legal Battle Over Co-Signers in SBF $250M Bail
Media outlets battle in court to reveal the identities of the co-signers of Sam Bankman-Fried's $250M bond in a new legal dispute.
MetaMask Announces Staking with Lido and Rocket Pool
ConsenSys's MetaMask now offers staking for Ethereum investors within their dApp, simplifying the process with Lido and Rocket Pool.
Whales Emerge as Cardano Soars
Cardano ADA price action has surged 30% in the last two days and its trading volume reaches a 2-month high, creating many new whales.
$5B of FTX Assets Recovered
An attorney for the failed cryptocurrency exchange FTX has told a bankruptcy judge that $5B in investor assets have been recovered.
Logan Paul Drops Coffeezilla Lawsuit, Apologizes
YouTuber Logan Paul has dropped his defamation lawsuit against fellow YouTuber, Coffeezilla, who said Paul’s NFT collection, CryptoZoo, was a ‘scam’.
DCG Faces Ultimatum, Federal Probe
DCG, the parent company of Genesis, has been accused of not paying back a loan granted to them by Gemini and are facing a DOJ investigation over internal transfers.
TRON (TRX) Drops 8%, USDD Depegs
Rumors of insolvency at cryptocurrency exchange Huobi have caused Tron (TRX) to fall 8% on Friday and depegged the USDD stablecoin.
$60M Withdrawn from Huobi in 24 Hours
Traders have exited the Huobi cryptocurrency exchange enmasse given the platform’s high volatility and strong reliance on its stablecoin.
Logan Paul to Coffeezilla: “I’ll See You In Court”
YouTuber Logan Paul says he will sue YouTuber Coffeezilla for defamation alleging Paul defrauded investors through the defunct CryptoZoo NFT project.