Zero Ex
Zero Ex

Zero Ex

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FBI confirms North Korea responsible for $100 million Hack of Harmony Bridge

24 Jan 2023 1 minute read 6 comments ZeroRequiem

Hey Peeps!     On January 23rd, the U.S. Federal Bureau of Investigation (FBI) announced, via a press release, that North Korea was responsible for the $100 million hack of Harmony Protocol's Horizon Bridge back in June 2022.    Of the $100 million...

Australia is getting a second Stablecoin

23 Jan 2023 1 minute read 6 comments ZeroRequiem

Hey Peeps!     On January 18th, The National Australia Bank (NAB), one of the "Big 4" banks in Australia, spoke with Australian Financial Review and announced they will be launching a stablecoin pegged to the Australian dollar.  The stablecoin will...

Nexo agrees to a settlement with the SEC

22 Jan 2023 2 minute read 4 comments ZeroRequiem

Hey Peeps!     On January 19th, Nexo announced, via a press release, that they have reached a settlement with the U.S. Securities and Exchanges Commission (SEC).  The SEC also released a press release announcing the agreement from their perspective....

Genesis files for Bankruptcy

21 Jan 2023 2 minute read 16 comments ZeroRequiem

Hey Peeps!     On January 19th, the crypto brokerage, Genesis, announced, via a press release, that they have filed for Chapter 11 Bankruptcy. The goal of this move is to evaluate the most effective path to preserve assets, continue business operati...

Governor of the Reserve Bank of India calls for a Ban on Crypto

19 Jan 2023 1 minute read 9 comments ZeroRequiem

Hey Peeps!     Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), recently spoke at the Business Today Banking and Economy Summit in Mumbai, India and had some extremely harsh words for Crypto.  He came out and flat out said that the...

The Polygon network has completed a Hard Fork

18 Jan 2023 1 minute read 9 comments ZeroRequiem

Hey Peeps!     Yes, you read that correctly.  The Polygon (MATIC) network has quietly completed a Hard Fork titled the "Delhi hardfork" on January 17th at exactly 10:45 UTC.   I did not even notice this when the Hard Fork upgrade was announced on Po...

The walls are closing in on Nexo

17 Jan 2023 2 minute read 20 comments ZeroRequiem

Hey Peeps!     On January 12th, Nexo’s offices in Bulgaria were raided as part of an investigation into financial crimes, money laundering, and even violations of international sanctions against Russia. The next day, four Bulgarian nationals were ar...

Crypto.com to cut their global workforce by another 20%

16 Jan 2023 1 minute read 8 comments ZeroRequiem

Hey Peeps!     Another quick news story for you today.    On January 13th, Crypto.com has announced, via their Company blog, that they will be cutting their global workforce by up to 20%.  This is also the 3rd time that Crypto.com has announced layo...

Coinbase is ceasing operations in Japan

15 Jan 2023 1 minute read 8 comments ZeroRequiem

Hey Peeps!     Coming in hot with a quick news story.    Coinbase announced, via an interview, that they will be closing down their operations in Japan.  There has not been too much information disclosed regarding the future, but Coinbase went on to...

SEC charges Gemini and Genesis

14 Jan 2023 2 minute read 11 comments ZeroRequiem

Hey Peeps!     On January 12th, the Securities and Exchange Commission announced, via a press release, they were filing charges against both Gemini and Genesis for "the unregistered offer and sale of securities to retail investors through the Gemini...