Crypto Workers Behind Terra and Luna Are Facing a Flight Ban

Crypto Workers Behind Terra and Luna Are Facing a Flight Ban

The ongoing crypto crash has brought a lot of investors back down to earth. In the case of current and former Terraform Labs employees, it’s keeping them literally grounded. Dozens of past and present staff from the company behind two notorious crypto coins, terraUSD and Luna, have been barred from leaving South Korea, according to … Read more

Celsius Crypto Platform Halts Withdrawals as Bitcoin Tanks 13%

Celsius Crypto Platform Halts Withdrawals as Bitcoin Tanks 13%

Celsius founder and CEO Alex Mashinsky as he appeared in a promotional video for Celsius uploaded to YouTube.screenshot: Celsius / YouTube The Celsius crypto network has halted all trading, including withdrawals, according to a press release from the company released overnight. The unusual move comes as major cryptocurrencies plummeted over the weekend and there are … Read more

OpenSea Employee Charged for Alleged NFT Insider Trading

OpenSea Employee Charged for Alleged NFT Insider Trading

Image: Justin Tallis (Getty Images) Watch out intrepid web3 entrepreneurs, the feds are cracking down on insider trading. Former OpenSea product manager Nate Chastain was arrested by the FBI early Wednesday morning in New York City and charged with wire fraud and money laundering in connection with an elaborate NFT insider trading scheme. In a … Read more

134 NFTs Stolen After Bored Ape Yacht Club Instagram Hacked

134 NFTs Stolen After Bored Ape Yacht Club Instagram Hacked

Photo: Jakub Porzycki/NurPhoto (Getty Images) The Instagram account belonging to the popular NFT Collectible Bored Ape Yacht Club (BAYC) was hacked on Monday. According to BAYC itself, the hacker used the access to launch a phishing scheme that stole millions of dollars in non-fungible tokens (NFTs) from the account’s followers. BAYC, run by the cryptocurrency … Read more

Celebs Invest in Crypto Exchange MoonPay

Celebs Invest in Crypto Exchange MoonPay

Justin Bieber on his phone at Super Bowl LVI on February 13, 2022 in Inglewood, California.Photo: Kevin C. Cox (Getty Images) MoonPay, a tool for buying cryptocurrency and NFTs, announced on Tuesday that it has collected $86.7 million in a new investment round. The list of investors names more than sixty celebrities including Bruce Willis, … Read more