Regulation
The SEC and CFTC have laid a series of charges against the former director of engineering at FTX, Nishad Singh, after he pleaded guilty to six counts of fraud and conspiracy in a federal court on Tuesday.
Bitcoin
Celsius has burned 11,500 WBTC worth $270 million, taking the tokenized asset’s supply to a 22-month low.
Business
OKX has frozen five accounts associated with manipulating the price of CELT, and plans to compensate users with an airdrop of $3 million in USDT.
Ethereum
Ethereum testnet Sepolia has successfully implemented the Shapella upgrade, enabling validator withdrawals from the Beacon Chain.
In an unexpected pivot from its Ethereum-based roots, Yuga Labs plans to launch a limited edition collection of 300 NFTs on the Bitcoin blockchain.
Digital Currency Group reported losing over $1 billion last year, citing the negative impact of crypto asset prices and Three Arrows Capital’s default upon Genesis.
Robinhood said it was served with subpoenas from the SEC and California Attorney General’s Office after several crypto companies went bankrupt in 2022.
Coinbase plans to suspend BUSD trading on all its platforms next month amid an SEC investigation into the Paxos-issued stablecoin.
A 150,000 ETH deposit from Tron founder Justin Sun triggered an unlikely safety measure on liquid staking protocol Lido Finance.
Bankrupt crypto lender Voyager appears to have sold 23 different crypto tokens through crypto exchange Coinbase this month.