News
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FBI seizes $100K in NFTs and 86.5 ETH from scammer following ZachXBT investigation
- February 4, 2023
- Posted by: MasterAdmin
- Category: Cointelegraph
No Comments
The seized property included a Bored Ape Yacht Club and Doodles NFT, 85.6 Ether and a flashy Audemars Piguet watch which ultimately helped ZachXBT identify the alleged scammer.
The Federal Bureau of Investigation (FBI) has seized two non-fungible tokens (NFTs) worth more than $100,000 and 86.5 Ether (ETH) from a reported phishing scammer.
The alleged scammer in question, Chase Senecal — known as Horror (HZ) online — was initially exposed via a lengthy investigation by independent blockchain sleuth ZachXBT posted back in September.…
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Top US Crypto Exchange Coinbase Adds Ethereum Staking Altcoin to Listing Roadmap
- February 4, 2023
- Posted by: MasterAdmin
- Category: The Daily Hodl
Top US crypto exchange Coinbase has added the altcoin Liquid Staked Ethereum (LSETH) to its listing roadmap.
Liquid Staked ETH is a new “receipt token” investors receive when they stake their Ethereum (ETH) with the Liquid Collective, a liquid staking protocol.
The Liquid Collective notes its staking method differs from traditional staking, where users lock up their tokens.…
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Crypto Exchange Woes Continue: Kraken Reportedly Shutters Regional Headquarters As Bittrex Lays Off 83 Employees
- February 4, 2023
- Posted by: MasterAdmin
- Category: The Daily Hodl
A new report finds that crypto exchanges Kraken and Bittrex are downsizing amid the continued turmoil in the digital asset space.
Bloomberg reports that San Francisco-based Kraken shuts down its Abu Dhabi office less than a year after receiving a license to operate a regulated exchange platform in the United Arab Emirates (UAE).
The third-largest crypto exchange is laying off 30% of its global workforce as a result of the crypto winter.…
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The IBM–Maersk blockchain effort was doomed to fail from the start
- February 4, 2023
- Posted by: MasterAdmin
- Category: Cointelegraph
Observers can learn a few things from the failed effort by IBM and Moller-Maersk to develop TradeLens, a blockchain-enabled global trading platform.
Blockchain projects continue to experience failure rates in excess of 90%, and it seems that with every passing moment, more and more “successful” companies add their underperforming blockchain project to the graveyard. One of the most recent blockchain failure victims was Moller-Maersk, which recently announced the termination of its highly publicized TradeLens offering — a global trade platform built on IBM blockchain technology. …
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Sam Bankman-Fried's holding company files for bankruptcy
- February 4, 2023
- Posted by: MasterAdmin
- Category: Cointelegraph
Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX’s.
Emergent Fidelity Technologies, a Sam Bankman-Fried holding company based in Antigua and Barbuda, has filed for bankruptcy protection.
According to court records filed on Feb. 3, Emergent Fidelity Technologies submitted a voluntary petition to declare bankruptcy under a Chapter 11 filing in United States Bankruptcy Court for the District of Delaware.…
