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The Chain Bulletin

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We cover blockchain news, analyze and research the industry, write definitive guides, and provide expert opinion.

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linkhttps://chainbulletin.com/ calendar_today16-11-2018 15:16:15

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Major South Korean bank KEB Hana Bank has partnered with #crypto custodian BitGo to set up a joint crypto #custody venture in the country, which is expected to launch in the second half of 2024. chainbulletin.com/bitgo-partners…

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Bankrupt #crypto lender #Genesis has filed a lawsuit against its parent company DCG for allegedly defaulting on a $500 million loan. It also filed a lawsuit against DCGI in an attempt to recover an additional 4,550 $BTC it had loaned back in 2022. chainbulletin.com/genesis-sues-d…

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Faruk Özer, the founder of collapsed Turkish crypto exchange #Thodex, and his two siblings were sentenced to 11,196 years in prison for their involvement in a $2 billion #rugpull. chainbulletin.com/ceo-of-collaps…

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Ethereum co-founder Vitalik Biterin has now regained his T-Mobile account, which was compromised on Saturday via SIM-swap attack and used to toke over his X account, enabling a $700,000 #crypto #phishing scam. chainbulletin.com/vitalik-says-x…

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OneCoin co-founder Karl Greenwood was sentenced to 20 years in prison for his involvement in the #crypto pyramid scheme, and also ordered to pay back the $300 million he made in commissions. #OneCoin chainbulletin.com/onecoin-co-fou…

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The partnership follows Deutsche Bank Deutschland's participation in Taurus's funding round, and will allow the German bank to use Taurus' custody and tokenization technology to offer #crypto custody services to its clients. #custody chainbulletin.com/deutsche-bank-…

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Crypto exchange Binance announced it will sell its business in #Russia to CommEX, a #crypto exchange that was launched on Tuesday, and completely exit the market in the next several months. chainbulletin.com/binance-sells-…

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If given court approval, Celsius said it is ready to restart its business under a new name, NewCo, and start repaying its customers using $2 billion in $BTC and $ETH by the end of the year. #crypto #Celsius chainbulletin.com/celsius-seeks-…

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The @DOJPH responded to a Sam Bankman-Fried claim that there should be no charges related to FTX as it was not regulated in the U.S., saying that the claim was irrelevant as he broke existing misappropriation laws. #crypto #SBF chainbulletin.com/doj-says-lack-…

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The second day of Sam Bankman-Fried's trial began with opening statements from the prosecution and defense, and continued with witness testimonies that introduced the jury to the world of #crypto trading. #SBF chainbulletin.com/sam-bankman-fr…

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Decentralized Exchange THORSwap ⚡ #BetterThanCEX said it will remain under maintenance mode until it has implemented a more permanent solution to counter the movement of illicit funds through the platform. #DEX #thorchain chainbulletin.com/thorswap-ether…

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The prices of various tokens plummeted after Reddit, Inc. announced it will be shuttering its popular #CommunityPoints reward system due to issues with its scalability. #cryptocurrency $MOON $BRICK chainbulletin.com/reddit-to-shut…

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The New York Attorney General Letitia James has sued DCG, #Genesis, and Gemini for allegedly defrauding investors out of $1 billion by miss representation the financial condition of crypto lender Genesis. #cryptocurrency chainbulletin.com/ny-attorney-ge…

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Digital ID project World said it will be ditching $USDC as payment for its Orb Operators, individuals tasked with scanning people's irises, for its native $WLD token as early as November. #cryptocurrency #Worldcoin chainbulletin.com/worldcoin-to-p…

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The first expert witness for Sam Bankman-Fried's defense, financial services expert and consultant Joseph Pimbley, will try to rebuff testimonies from Caroline Ellison and Gary Wang, and clarify the financials of #FTX and Alameda. #sbftrial chainbulletin.com/sam-bankman-fr…

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Banking giant J.P. Morgan revealed it handles around $1 billion in daily transactions through its #JPMCoin, its permissioned blockchain-based value transfer system, and that it plans to widen the usage of the token. #cryptocurrency chainbulletin.com/j-p-morgan-han…

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One of Thailand's largest banks, KBank Live, acquired local #crypto exchange @SatangOfficial_ for roughly $103 million, only a month after the banking giant set-up a $100 million fund targeted at Web3, fintech, and AI. #satang chainbulletin.com/thai-banking-g…

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Popular Telegram bot used for #crypto trades, Unibot, became a victim of a $640,000 token approval #exploit earlier today, but the project said it will compensate all affected users. chainbulletin.com/unibot-to-comp…

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Bankrupt crypto exchange FTX and sister trading firm Alameda moved over $13 million in #altcoins to Binance and Coinbase 🛡️ overnight, which is in accordance to a court ordered phased liquidation process. #ftxtrial chainbulletin.com/ftx-alameda-wa…

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Former FTX CEO Sam Bankman-Fried was found guilty on all seven charges of fraud and conspiracy to commit fraud on Thursday, and is now facing a potential maximum sentence of 115 years in prison. #SBFTrial #SamBankmanFried chainbulletin.com/sam-bankman-fr…