More job losses as PayPal announces plan to lay off 2,000 staff amid “challenging macroeconomic environment”
News ePayment
EU Lawmakers Approve ‘Prohibitive’ Crypto Rules
European Union lawmakers vote to approve draft law that includes 'prohibitive' restrictions for banks holding crypto assets
Hackers Access Thousands Of PayPal Accounts
PayPal says hackers accessed nearly 35,000 accounts in early December using valid passwords obtained from breaches of other websites
US Prosecutors Sieze $700m From FTX’s Bankman-Fried
US prosecutors sieze $700m from FTX founder Sam Bankman-Fried amidst fraud charges, as current chief considers restarting bankrupt platform
Crypto Lender Genesis Files For Chapter 11
Another victim of the fallout from FTX collapse, as crypto lender Genesis files for Chapter 11 bankruptcy protection
Feds Arrest Russian Founder Of Crypto Exchange Bitzlato
Bitzlato crypto exchange founder arrested in US for money laundering, and charged with $700m financial crimes
FTX Claims $415m Crypto Was Hacked
FTX has now identified roughly $5.5 billion worth of digital assets for recovery, but said $415m has been hacked
Bank of England Governor Questions Need For Digital Pound
Not surprising. Crypto critic and Bank of England Governor Andrew Bailey questions need for a digital pound
Crypto.com Axes 20 Percent Of Staff
After the FTX collapse, Singapore's cryptocurrency exchange Crypto.com announces restructuring and axes staff
FTX Recovers $5bn In ‘Liquid’ Assets
Potential good news for customers, as lawyers for FTX say at least $5 billion of liquid assets have been recovered
YouTuber Apologises For Failed NFT Project CryptoZoo
Popular YouTuber Logan Paul apologises over failure of CryptoZoo NFT project after investigation calls it a 'scam'
China Ex-Official Publicly Shamed Over Crypto Corruption
Former high-ranking Chinese government official apologises in television broadcast for helping cover up crypto-mining amidst crackdown
US Bank Silvergate Covers $8bn In Crypto Withdrawals
US bank Silvergate hit by more than $8 billion in customer crypto withdrawals in late 2022 amidst 'rapid changes' in industry
Court Rules Celsius Network Owns Customer Crypto Assets
Legal setback for customers of bankrupt Celsius Network, after US judges rules firm owns most of the deposited cryptocurrency
FTX’s Sam Bankman-Fried Pleads Not Guilty To Fraud Charges
Faced a possible 115 years in prison, FTX's Sam Bankman-Fried pleads not guilty to fraud charges, as trial is slated for October
FTX Customer Lawsuit Seeks Recovery Of Digital Assets
Class action lawsuit filed by FTX customers against failed crypto exchange and its arrested former CEO Sam Bankman-Fried
Taiwan Temple Sells NFTs For Popular Pilgrimage
Temple in Taiwan sells thousands of NFTs to increase followers' engagement in popular pilgrimage around sea goddess Mazu
NFT Sales, Search Interest Drop Sharply In 2022
Online searches and sales of non-fungible tokens (NFTs) decline sharply this year after a peak of $4.9 billion in sales in January 2022
FTX’s Sam Bankman-Fried Released On $250m Bail, To His Parents
Sam Bankman-Fried has been freed on $250m, but must remain under strict supervision at parents’ California home
Two Bankman-Fried Associates Plead Guilty To Fraud
FTX founder Sam Bankman-Fried arrives in America and is expected in court, as two former associates plead guilty to fraud charges
Bitcoin Miner Core Scientific Files For Chapter 11
One of the largest publicly traded crypto mining companies in the US, Core Scientific, is filing for Chapter 11 bankruptcy protection
FTX Looks For Return Of Millions In Donations
Bankrupt crypto exchange FTX says it will use legal means if necessary to recover tens of millions in political donations
Binance.US To Acquire Assets Of Voyager Digital For $1bn
Binance US subsidiary to pay $1bn for assets of bankrupt crypto exchange Voyager Digital as crypto turmoil continues
FTX’s Bankman-Fried ‘Set To Agree To Extradition’
FTX's Sam Bankman-Fried set to appear in Bahamas court Monday to drop extradition fight amidst charges of massive fraud, money laundering
Top City Law Firm Loses Funds In FTX Crash
'Silver Circle' law firm Herbert Smith Freehills loses $120,000 in FTX failure as disgraced Bankman-Fried charged with fraud
Trump Digital Trading Cards Quickly Sell Out
Digital trading cards offered as NFTs by former US president Donald Trump sell out in less than a day, with price more than doubling
Binance Founder Reassures After $1 Billion Withdrawn In A Day
Founder Changpeng Zhao admits “stress test” after more than a billion dollars is pulled out of Binance in a single day
FTX’s Sam Bankman-Fried Denied Bail, Fights US Extradition
Founder and former CEO of failed crypto exchange FTX appears in court as he faces US charges of defrauding investors
US SEC Charges FTX Sam Bankman-Fried With Fraud
Sam Bankman-Fried is accused by US authorities of defrauding investors after regulators called FTX “a house of cards”
FTX Founder Sam Bankman-Fried Arrested In Bahamas
Former CEO and founder of collapsed crypto exchange FTX is arrested after the United States files charges against him