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Read the latest cryptocurrency news on Goblin Crypto, an emporium of knowledge about goblins in the crypto space.

South Korean Media Outlet Accuses Terraform Labs of Using Wash Trades to Inflate Volume on Anchor Protocol

South Korea's KBS Accuses TerraForm Labs of Insider Trading

Terraform Labs artificially inflated the volume of transactions on its Anchor Protocol in the days leading up to the collapse of its products, a South Korean media outlet claimed on Friday. “The #1 account for collateral and loan usage was … Terra and Terra investment companies,” broadcaster KBS said in the Friday report. It added that ” customers who used Terra’s deposits, loans, and collateral the most were none other than Terra and Terra’s investors,” …

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Sky Mavis Implies CEO Sold Or Shorted Axie Infinity’s Token Before Telling Users About March Hack

Axie Infinity

Axie Infinity developer Sky Mavis acknowledged Thursday that CEO Trung Nguyen transfered $3 million worth of the game’s token, AXS, to Binance before informing users that Sky Mavis’ Ronin Bridge had been hacked. “At the time, we (Sky Mavis) understood that our position and options would be better the more AXS we had on Binance,” the company’s Kalie Moore said in a statement to Bloomberg. “This would give us the flexibility to pursue different options …

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A List of Offenses Committed by 7 Coinbase Tokens the SEC is Calling ‘Securities’

SEC Investigates 7 Coinbase Tokens for Being 'Securities'

The Securities and Exchange Commission is reportedly investigating Coinbase for offering nine cryptocurrencies that the agency is seeking to classify as “securities,” sources said Tuesday. The tokens likely include seven the agency cited Thursday in a complaint against a former Coinbase employee accused of insider trading. The list includes Rally (RLY), Power Ledger (POWR), LCX, Rari Governance (RGT), XYO Network (XYO), DerivaDao (DDX), Flexa’s AMP, and LCX Exchange’s LCX. In its complaint, The agency focused …

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Sam Bankman-Fried Fires Back at Voyager Digital’s ‘Lowball’ Claim; Claims Voyager Customers Likely to Get ‘F–ked’

Sam Bankman-Fried Stephen Ehrlich Voyager Digital

FTX Exchange founder and CEO Sam Bankman-Fried fired back at Voyager Digital on Sunday for rejecting his “low-ball” offer to bail the company out, claiming Voyager customers were likely to get “f–ked” as a result. “Voyager lost customer assets, but it still has the majority left,” Bankman-Fried wrote in a Sunday Twitter thread. “Why haven’t those been returned to customers yet? Let’s say that Voyager has, remaining, 75 percent of assets (I don’t know the …

Sam Bankman-Fried Fires Back at Voyager Digital’s ‘Lowball’ Claim; Claims Voyager Customers Likely to Get ‘F–ked’ Read More »

KuCoin CEO Denies Anonymous Employee’s Claim that Exchange is Insolvent

Kucoin CEO Johnny Lyu

KuCoin CEO Johnny Lyu on Saturday denied claims from an unnamed former employee that his exchange was facing insolvency, saying the allegation was “getting ridiculous.” The claims were published early Saturday by a Twitter account named “Otteroooo,” who said an anonymous former KuCoin employee had stepped forward to claim the exchange was facing financial difficulties. “KUCOIN INSIDER CONFIRMS KUCOIN IS INSOLVENT,” Otteroooo wrote. “EX-EMPLOYEE WHISTLEBLOWS THAT ESTIMATED HOLE UP TO $500,000,000 KUCOIN MAY NOT HAVE …

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  • bitcoinBitcoin (BTC) $ 16,430.84
  • ethereumEthereum (ETH) $ 1,215.68
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 296.45
  • xrpXRP (XRP) $ 0.394125
  • dogecoinDogecoin (DOGE) $ 0.101748
  • cardanoCardano (ADA) $ 0.309031
  • matic-networkPolygon (MATIC) $ 0.836330
  • polkadotPolkadot (DOT) $ 5.32
  • solanaSolana (SOL) $ 13.40
  • avalanche-2Avalanche (AVAX) $ 12.45
  • chainlinkChainlink (LINK) $ 7.31
  • moneroMonero (XMR) $ 137.83
  • algorandAlgorand (ALGO) $ 0.238609
  • crypto-com-chainCronos (CRO) $ 0.063667
  • chain-2Chain (XCN) $ 0.043789
  • tezosTezos (XTZ) $ 0.982100
  • aaveAave (AAVE) $ 61.06
  • axie-infinityAxie Infinity (AXS) $ 6.73
  • golemGolem (GLM) $ 0.218991
  • zelcashFlux (FLUX) $ 0.525692