Latest Crypto News

All of this comes as Genesis battles to avoid bankruptcy after suffering a series of devastating blows during the bear market.

A since-deleted LinkedIn post from one of its technical engineers suggested that "Wyre won't continue as a profitable business."

Gary Harmon covertly transferred the Bitcoin from his brother's hardware wallet — despite the fact that it had been seized by law enforcement.

Yet another round of redundancies will contribute to growing unease for those working in the crypto space, with little sign that the market will show improvement any time soon.

In other developments, former FTX US president Brett Harrison is vowing to share what he knew, and the exchange's new management wants charitable donations to be returned.

It's the weekend edition of CoinMarketRecap! Connor Sephton and Molly Jane Zuckerman chew over some of the biggest crypto stories from the past seven days.

Also today, the SEC brings charges against the founders of a crypto scam that promised ridiculously high returns on investments.

Also today, the co-founders of Three Arrows Capital are subpoenaed on Twitter amid allegations they're failing to cooperate with liquidators.

This is a figure so high that it would instantly propel someone into Forbes' list of the 25 biggest billionaires.

Worryingly, the data has been posted for free on a hacking forum — featuring users' email addresses, Twitter handles and follower counts.

According to Blockworks editor David Canellis, BTC is now on the brink of enduring its longest bear market in its 14-year history.

In public tweets, the official account for the liquidation process tagged Davies and Su respectively — and included redacted images of the court documents.

Bloomberg News has seen an email that suggests FTX US was planning to offer individual retirement accounts to American consumers.

One affected New Yorker had mortgaged two properties in order to invest in Celsius — enticed by the promise of up to 18% in interest.

The influencer insists CryptoZoo will launch, but admits "rats under my nose stole the game code and millions of dollars."

Bitcoin and Ether are both flat at the time we're recording this — and trading at exactly the same price they were in yesterday's episode.

The Feds have taken control of the 56 million shares of the trading app Bankman-Fried bought in May, saying it is not the property of the FTX bankruptcy estate.

The YouTube star, wrestler and media personality refutes Coffeezilla's accusations by pointing out his own shortcomings.