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August, 2022

SEC Charges Group Behind $300M “Crypto Pyramid Scheme”
The SEC has charged the team behind Forsage for allegedly running a crypto pyramid and Ponzi scheme, which may have cost investors over $300 million worldwide. Both Pyramid and Ponzi......
Craig S. Wright Awarded £1 Damages in “False” Bitcoin Libel Case
Peter McCormack has been ordered to pay Craig S. Wright 1 in damages. A Deliberately False Case Craig S. Wright will receive 1 in damages from his libel case against......
U.K. Financial Regulator Plans Tighter Crypto Marketing Checks
Crypto remains high risk so people need to be prepared to lose all their money if they choose to invest in cryptoassets, a press release from the U.K. regulator said.......
Filecoin the Latest Crypto to Soar in Market Bounce
Filecoins FIL is up 19.4% today. Filecoin Jumps on Market Rally Filecoin is outperforming the rest of the cryptocurrency market. The decentralized storage networks FIL token has jumped 19.4% today,......
Almost 8,000 Solana Wallets Drained in Suspected “Supply Chain” Exploit
At least 7,767 Solana wallets have been affected. Hackers Target Solana Users Hackers have drained thousands of Solana wallets in an ongoing attack. Engineers from multiple ecosystems, with the help.....
Robinhood Axes 23% of Staff, Cites “Broad Crypto Market Crash”
Robinhood CEO Vlad Tenev said the layoffs were concentrated in its operations, marketing, and program management departments. Another Robinhood Staff Cut Robinhood is letting go of even more employees...
MicroStrategy Stock Rallies as Saylor Steps Down
Coinbases stock has also surged double digits today. MicroStrategy Soars on Q2 Report MicroStrategy and Coinbase investors finally have something to celebrate. MicroStrategys MSTR shares soared within...
Hashed Lost $3B on Terra’s Meltdown, CEO Tells Bloomberg
Though Hashed took a big hit on Terra, Kim said his belief in crypto hasnt waned. Hashed CEO Confirmed LUNA Losses Hashed lost more than $3 billion on its Terra......
Bitcoin, Ethereum Could Become Commodities Under New CFTC Bill
The bill from the Senate Agriculture Committee would place much of the crypto world under CFTC oversight. Bipartisan Bill Pushes for CFTC Oversight A new crypto bill is hitting the......
ZB.com Suffers Possible Hack, $4.8M Drained From Hot Wallet
According to on-chain data, almost $5 million in various cryptocurrencies have been drained from crypto exchange ZB.com’s hot wallet and liquidated. Though details are sparse, it appears to have bee...
Newswire > August, 2022

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