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FDIC Blocked Banks’ Public Blockchain Plans, Unredacted Letters Show

FDIC documents reveal active discouragement of banks from offering public blockchain services. Coinbase obtained 25 letters through FOIA request showing regulatory pushback. Federal regulator shows preference...

FTX Set to Begin $50,000-Cap Repayments as Restructuring Plan Takes Hold

FTX bankruptcy reorganization plan activated on January 3, 2024, initiating user fund repayments. Users with claims under $50,000 may receive compensation within 60 days. Official claims...

Bitcoin Obituaries Hit Record Low as ETF Success Silences Critics

Bitcoin obituaries dropped to historic low of 2 publications in 2024, down from 124 in 2017. BlackRock's iShares Bitcoin Trust achieved $50 billion AUM in...

DeFi Risk Managers Face Scrutiny Over Ethena’s USDe Integration at Aave, Sparking Conflict of Interest Debate

Aave governance proposal suggests pegging USDe to USDT 1:1, raising concerns over risk assessment. Risk advisors working simultaneously for Aave, Maker, and Ethena create potential...

Telegram Rolls Out NFT Conversion for In-App Gifts, Deepening TON Blockchain Integration

Telegram introduces NFT conversion feature for in-app gifts using The Open Network blockchain. Users can transform over 20 existing gifts into tradable NFTs using Telegram...

Georgia Lawmaker Reveals Meme Token Bets Amid Crypto Rally

US Representative Mike Collins filed cryptocurrency investment disclosures on January 1, 2024. The Georgia congressman reported multiple purchases of Ski Mask Dog (SKI) token. Each investment...

Tether’s Longtime Legal Chief Exits After 10-Year Stint at Crypto Giant

Stuart Hoegner exits Tether and Bitfinex after serving as general counsel for 10 years. Michael Hilliard appointed as the new general counsel for both companies. Changes...

NFT Developer in $400K ‘Undead Apes’ Fraud Case Dies Before Sentencing

NFT developer Berman Jerry Nowlin, 21, died by apparent suicide while awaiting sentencing for $400,000 fraud case. Federal jury found Nowlin guilty of wire fraud...

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Stabble Users Pull Liquidity After Ex-CTO Linked to DPRK

The decentralized exchange Stabble urged users to pull liquidity after discovering its former CTO was allegedly a North Korean...

Tech Giants Join Project Glasswing for AI Defense

Anthropic launched 'Project Glasswing,' a Cybersecurity initiative leveraging its unreleased AI model, Claude Mythos Preview.Major partners include NVIDIA, Amazon...

Hedge Fund Split Capital Shuts Down, CEO Joins Thiel-Backed Plasma

Split Capital, a top-performing crypto hedge fund, is closing after delivering over 100% returns.Founder Zaheer Ebtikar argues the crypto...

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