Updated Trading News

Crypto exploit losses in January see nearly 93% year-on-year decline
Crypto exploit losses in January see nearly 93% year-on-year decline

PeckShield reported $8.8 million was lost to crypto exploits in January, far less than the $121 million lost the same month last year.

'Categorically false' — Attorney denies bids for Celsius assets were rejected
'Categorically false' — Attorney denies bids for Celsius assets were rejected

Attorneys representing Celsius Official Committee of Unsecured Creditors have slammed crypto blogger Tiffany Fong for leaking information about potential Celsius bids, arguing it will harm the negotiation process.

Binance delves into decentralized Web3 storage with BNB Greenfield
Binance delves into decentralized Web3 storage with BNB Greenfield

The testnet of the proposed Web3 infrastructure — built by the BNB Chain core team — is supported by community developer teams from Amazon Web Services, NodeReal and Blockdaemon.

Crypto scammers abuse 'lax' UK company laws to fool victims: Report
Crypto scammers abuse 'lax' UK company laws to fool victims: Report

A joint investigation by the Bureau of Investigative Journalism and the Observer suggests the United Kingdom hosts 168 companies accused of running fraudulent crypto or forex scams, with half linked to pig-butchering scams.

Cardano-Based Djed Stablecoin Attracts 27M ADA Tokens as Reserve Backing
Cardano-Based Djed Stablecoin Attracts 27M ADA Tokens as Reserve Backing

Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing.

Founder of $7.5M 'brazen fraud scheme' to see 8 years behind bars
Founder of $7.5M 'brazen fraud scheme' to see 8 years behind bars

Convicted crypto fraudster Randall Crater will undergo a 100-month stint behind bars after being sentenced by a U.S. Federal Court Judge. A total of 55 investors fell prey to Crater’s $7.6 million fraud scheme.

Justice Department Responds To Bankman-Fried's Camp's Attempt To Remove Bail Modifications
Justice Department Responds To Bankman-Fried's Camp's Attempt To Remove Bail Modifications

The DOJ reportedly requested that a bail condition preventing Sam Bankman-Fried from accessing or transferring assets at FTX and the crypto hedge fund he founded, Alameda Research, be left in place.

Toyota to Experiment With Blockchain Use Cases by Sponsoring Astar Network's Hackathon
Toyota to Experiment With Blockchain Use Cases by Sponsoring Astar Network's Hackathon

The auto giant may use technology developed from the hackathon for its internal use.

DOGE Rallies As Elon Musk Pushes Twitter Payments System, Crypto Integration To Happen Later
DOGE Rallies As Elon Musk Pushes Twitter Payments System, Crypto Integration To Happen Later

A report said that Musk has already formed a small team to look into the possibility of Twitter pivoting toward digital payments and processing that could include cryptocurrency.

ARK Invest Maintains Prediction That Bitcoin Prices Will hit $1M by 2030
ARK Invest Maintains Prediction That Bitcoin Prices Will hit $1M by 2030

A new report by Cathie Wood’s growth-focused fund outlines how bitcoin continues to outperform every other major asset class.

Bitcoin and Hang Seng's Stalled Rally Might Mean Wider De-Risking Ahead, TradFi Firm Says
Bitcoin and Hang Seng's Stalled Rally Might Mean Wider De-Risking Ahead, TradFi Firm Says

Failures in BTC and Hang Seng are technical warnings signs that these early 2022 halcyon vibes may not last all year, one observer said.

Britain sets out plans to regulate crypto industry in wake of FTX collapse
Britain sets out plans to regulate crypto industry in wake of FTX collapse

In December, a U.K. minister suggested FTX's failure had reinforced the need for urgent crypto regulation. Now, the government has unveiled its plans.

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