CryptoPotato
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Sri Lanka Dismisses Tim Draper’s Idea to Combat Corruption With Bitcoin
Nandalal Weerasinghe – Governor of the Central Bank of Sri Lanka – rejected Tim Draper’s idea to eliminate corruption in the...
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Crypto Exchange Bitfinex Transfers $8.5M to Alameda Consolidation Address
Blockchain security firm PeckShield has disclosed a series of transfers from three addresses, including one from crypto exchange Bitfinex to...
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Core Scientific Hands Over 27K Mining Rigs to NYDIG to Pay off a Debt
The once-prominent bitcoin miner Core Scientific inked an agreement with the New York Digital Investment Group (NYDIG) to hand over 27,403 of its...
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Orion Protocol Hacked for $3 Million Through Reentrancy Attack
Orion Protocol – a liquidity aggregator for both CeFi and DeFi exchanges – saw its core contract hacked on Thursday across both its Ethereum and...
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Craig Wright’s Case Against Bitcoin Developers Headed to Full Trial
Tulip Trading – a Seychelles-based company founded by Craig Wright – has successfully brought its case against multiple Bitcoin developers to...
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Logan Paul Faces Class Action Lawsuit Over Alleged CryptoZoo NFT Rug Pull
American media personality, professional wrestler, and actor Logan Paul is one of the defendants in a class action lawsuit filed against failed...
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Bitcoin Taps 5-Month Highs, Fed Hikes Rates as Expected, Optimism (OP) Leads DeFi Rally: This Week’s Recap
The past seven days saw the total cryptocurrency market capitalization increase by around $35 billion, and the industry continues to recover from...
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US Regulators Launch Official Probe Into Silvergate-FTX Dealings
Silvergate, one of many creditors to take huge losses due to FTX going under, was previously forced to lay off 40% of its staff. This hit to its...
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Binance Gives Deadline for WazirX to Withdraw Client Assets Stored in its Wallets
The world’s leading crypto exchange has given an ultimatum to the operator of WazirX to withdraw all customer funds stored on...
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Market Watch: Terra USTC Skycokets 62%, EthereumPOW Up 17%
After marking a multi-month high yesterday above $24,000, bitcoin was violently rejected and has dropped by almost $1,000 since then. Most...
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Metacade Presale Pasts $5M as GameFi Investors Tend to Buy MCADE Tokens
[PRESS RELEASE – London, United Kingdom, 2nd February 2023] The Metacade presale is selling out fast, with stage 3 coming to a close...
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High Crypto Taxes in India Remain Unchanged, Using Offshore to Avoid TDS Prohibited
Months of lobbying by Indian and global crypto firms to see if the local tax laws will provide some leeway proved futile. The Indian Finance...
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Chainalysis to Dismiss 48 Employees, Prepares to Reorganize Structure
After a year of a prolonged crypto winter that’s seen former industry powerhouses lay off large swathes of their employees in a desperate bid to...
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Billionaire Investor Charlie Munger Reiterates US Should Ban Bitcoin
Charlie Munger, the Vice Chairman of Berkshire Hathaway and Warren Buffett’s right-hand man, reiterated his stance against Bitcoin and the...
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Meta Lost $13.7B on Metaverse Initiative in 2022
Mark Zuckerberg’s Metaverse bid proved costly for the company amidst a persistent bear market as Reality Labs lost $13.7 billion in 2022....