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What is the global financial crisis and its impact on the global economy

The Global Financial Crisis was a widespread economic downturn that began in 2008 and resulted from the collapse of the housing market and investment banks.

Google invests $300M in AI firm previously funded by Sam Bankman-Fried

Members of Crypto Twitter are speculating whether Bankman-Fried and FTX will source the reported $530 million invested in Anthropic to pay off FTX creditors.

New Jersey enforces cease and desist orders against three ‘pig butcher’ scammers

These cybercriminals reach out to romance-seekers from dating apps like Tinder before convincing them to invest in their fraudulent cryptocurrency investment schemes.

SBF bail guarantor to go public, UK crypto framework and Celsius news: Hodler’s Digest, Jan. 29 – Feb. 4

Top Stories This Week SBF’s $250M bail guarantors should be made public, rules judge The identities of two individuals who helped former FTX CEO Sam Bankman-Fried with his $250 million bail bond could be revealed next month following a recent ruling by United States District Judge Lewis Kaplan. Bankman-Fried’s legal counsel has until Feb. 7 […]

UK is 'likely' to need digital currency, says BoE and Treasury: Report

The digital pound roadmap is reportedly set to be introduced next week, along with a joint public consultation.

The world must take a 'collective action' approach to regulations – India’s Finance Minister

Nirmala Sitharaman hopes that finance ministers and central bank governors will be able to agree on crypto regulations in the G-20 meeting in Bengaluru later this month.

FBI seizes $100K in NFTs from scammer following ZachXBT investigation

The seized property included a Bored Ape Yacht Club and Doodles NFT, 85.6 Ether and a flashy Audemars Piguet watch which ultimately helped ZachXBT identify the alleged scammer.

Overstock-funded tZERO Crypto exchange will shut down March 6

Once a highly touted exchange, tZERO facilitates securities offerings, some of which are blockchain tokens.

CFTC head looks to new Congress for action on crypto regulation

"I will continue to engage and provide technical assistance to draft legislation, as requested,” said Rostin Behnam.

DeFi enjoys a prolific start to 2023: Finance Redefined

DeFi marks a perfect entry into 2023 with a bullish January and TVL nearing $50 billion.

US Congress to hold ‘crypto crash’ hearing on Feb. 14

The “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets” hearing will come two months after senators met to discuss the collapse of FTX.

5 biggest economic bubbles in history

Economic bubbles occur when the price of an asset, such as stocks or real estate, is driven up artificially and becomes disconnected from its underlying value.

Australia introduces classification for crypto assets

The national regulators propose to distinguish four major types of products related to the crypto industry.

Core Scientific to hand over 27K rigs to pay $38M debt

The bankrupt crypto mining firm believes that the long-term benefits outweigh the immediate loss of handing over the machines.

Australia bolsters crypto watchdogs in ''multi-stage' plan to fight scams

The new measures from the Australian government come as cryptocurrency scams skyrocketed 162% to $221 million in 2022.

Logan Paul and CryptoZoo sued in class action lawsuit

The plaintiff, known as Don Holland, has filed a lawsuit against CryptoZoo and Logan Paul, alleging his "fraudulent venture" executed a "rug pull."

Silvergate faces DOJ investigation over FTX and Alameda dealings: Report

The crypto bank hasn't been accused of wrong doing, but prosecutors want to see how deep the dealings between the crypto bank and FTX went.

Indonesia targets launch of its national crypto exchange by June

Indonesia's financial services regulator first expressed its intentions to establish a crypto exchange back in 2021.

Huawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express 

Our weekly roundup of news from East Asia curates the industry’s most important developments. Huawei moves to trademark its NFTs According to a Jan. 28 report by Sina News, Chinese telecom giant Huawei has recently filed for eight trademarks related to its Huawei “YunYunBao” nonfungible tokens (NFT) series. The trademarks include digital collectibles in the […]

Alleged Mango Markets exploiter waives bail during hearing in federal court

A federal judge presiding over Avraham Eisenberg's criminal case has reportedly set a followup court date for Feb. 14.

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