• FTX’s legal team from Sullivan & Cromwell is estimated to cost hundreds of millions of dollars before the bankruptcy investigation is over. • The team consists of 150 people,…

• China’s central bank digital currency (CBDC) – the digital yuan, or eCNY – has been upgraded with a new smart contract functionality and a range of new use cases.…

• The Singapore-based crypto lender Hodlnaut is looking at a possible liquidation as the firm’s creditors have rejected the proposed restructuring plan and seek liquidation of the platform’s assets. •…

• In 2022, illicit on-chain transactions reached an all-time high of $20.1 billion. • 44% of these transactions were related to international sanctions. • The US Office of Foreign Assets…

• Binance has been granted approval by the Swedish Financial Supervisory Authority to offer crypto services to Swedish customers. • This approval follows similar approvals granted to Binance by regulators…

• This week on The Market Report, the resident experts at Cointelegraph discuss what artificial intelligence (AI) altcoins are, what their potential benefits are, how they work, and whether they…

• Coinbase announced a second wave of layoffs, cutting 950 jobs in an effort to reduce operational costs. • CEO Brian Armstrong believes recent events will benefit Coinbase greatly in…

Cryptocurrencies have skyrocketed in fame and acceptance in recent years. The need for means of accessing and using these currencies has increased along with the growth of the digital asset…

• Prince Philip of Serbia outlines key ways in which Bitcoin promotes global financial inclusion and its importance in conflict-affected nations. • Bitcoin technology company Jan3, founded by Bitcoin proponent…

• The United Kingdom’s National Crime Agency (NCA) is launching a dedicated cryptocurrency unit to investigate U.K. cyber incidents. • The new unit, called NCCU Crypto Cell, will initially contain…