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Posts archive
Senator Ted Cruz Wants Vendors to Accept Bitcoin at the Capitol The Texas lawmaker introduced a resolution to prioritize crypto for payments within parts of Capitol Hill.
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SEC Rejects Another Spot Bitcoin ETF Bid by ARK and 21Shares ARK has yet to convince regulators that its ETF can protect investors from market manipulation.
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Firm Taps NFTs to Token Gate Bars, Bathrooms at Mardi Gras New Orleans-based Web3 firm NieuxCo aims to relieve collectors of the stress of finding a place “to go.”
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FTX Creditors Include Apple, Netflix and Coinbase, Court Documents Reveal The expansive creditor matrix encompasses numerous businesses in several countries caught up in the collapse of FTX.
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Actor and Filmmaker David Bianchi Previews His Web3 Series ‘RZR’ With solid backing, the veteran actor aims to take audiences on a wild, crypto-fueled ride.
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EU Lawmakers Pave Way for Stricter Crypto Rules for Banks New rules in Europe may mean that financial institutions must hold more capital if they plan to buy cryptocurrencies.
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Web3 Builder QuickNode Bucks Bear Market Lull With $60M Fundraise The Web3 development platform has attracted investment from some of the blockchain world’s most prominent VC firms.
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South African Crypto Ads Must Now State Investments ‘May Result in Loss of Capital’ South Africa’s main advertising regulator wants to commit influencers and celebrities to honesty in crypto advertising.
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Axie Infinity Soars 22% Amid AXS Token Unlock Amid the AXS token unlock, Axie Infinity has experienced a hefty amount of volatility, rising double-digits, then dipping.
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Shanghai Update Could Brighten Outlook for Coinbase: JP Morgan The investment bank says the Ethereum network upgrade may cause Coinbase revenue from staking to surge.
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Bitcoin Shorts Dominate Weekly US Crypto Fund Inflows: CoinShares Though crypto inflows almost quadrupled over the last week, investors still appear to be bearish, per a new CoinShares report.
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Floor Acquires to ‘Accelerate’ Expansion of NFT Portfolio App The deal will enrich Floor with analytics and push closer to the goal of being the go-to app for NFT collectors.
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This Week on Crypto Twitter: SBF Pleads Innocence Via Excel, Twitter Reacts with Memes The sudden fall of a small Chinese exchange called Bitzlato also inspired plenty of memes this week. 
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Solo Bitcoin Miner Solves Block With Hash Rate of Just 10 TH/s, Beating Extremely Unlikely Odds Even though big pools have become the dominant winners in Bitcoin mining, solo miners are occasional reminders of Bitcoin's probabilistic design.
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$4.6 Billion in Ethereum Up in Flames Since EIP-1559 NFT and DeFi on the Ethereum network, in particular via OpenSea and Uniswap, are fueling the fire of ETH burning.
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The US Government Wants You To Know It's Cracking Down on Crypto Bitzlato? Laugh if you want, but the US government post-FTX is eager to demonstrate that it's tough on crypto crime.
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FTX Bankruptcy Judge Calls Fmr FTX US Exec's Allegations Against Law Firm 'Hearsay, Innuendo, Speculation, Rumors' The FTX bankruptcy judge approved the hiring of law firm Sullivan & Cromwell, despite objections made to the firm based on conflicts of interest.
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This Week in Coins: Bitcoin and Ethereum Rise, Solana Rises Most All of the top 20 coins were in the green again—and nothing rose bigger than Solana, which is rebounding from its FTX-triggered losses.
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Winklevoss Mulls Lawsuit Against Barry Silbert, Digital Currency Group Crypto exchange Gemini threatens to “imminently” sue Digital Currency Group and its CEO Barry Silbert over the $900 million owed by Genesis Trading.
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Nexo Settles with SEC, Will Pay $45 Million and Kill Crypto Lending Product Extending a rough start to 2023, the crypto lender is settling with regulators over its "Earn Interest" product
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L'Oréal’s NYX Makeup Brand to Launch DAO, Ethereum NFTs to ‘Redefine Beauty’ NYX wants to create a crypto-savvy community of aesthetic enthusiasts—but will it stick?
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Jamie Dimon Thinks Bitcoin Supply Won’t Really Be Capped at 21 Million There is no such thing as a sure thing, but five lines of crypto code come pretty close.
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Dogecoin, Bonk and Shiba Inu Combine for $25 Billion in Monthly Trading Volume Despite a massive decline from their all-time highs, the three tokens still have considerable trading volume.
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Suspects in UK Bitcoin Fraud Had ‘More Money Than They Could Spend’: Lancashire Police Reports say the group made off with so much money that the leader of the Bitcoin fraud bought cars for people that they met at the bar.
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Crypto Investor HashKey Capital Raises $500 Million for Web3 Fund HashKey's investments will focus on advancing blockchain initiatives in emerging markets.
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A Bored Ape Whale Just Spent Nearly $1 Million on DeGods NFTs The collector snapped up 69 DeGods NFTs on Solana in one bulk buy via Magic Eden, with plans to bridge them to Ethereum.
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EU Finance Ministers Say Digital Euro Must Offer Privacy The Eurogroup said a digital euro would need to offer citizens privacy, as well as comply with relevant tax and sanctions laws.
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Scaramucci Recalls 'Betrayal' by SBF: 'I Considered Him a Friend' The managing partner at SkyBridge admits that he was wrong about Sam Bankman-Fried and FTX.
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Decentraland Posts 81% Rise Over The Week, Leads Metaverse Token Rally Tokens powering the metaverse, like Decentraland's MANA, are rallying hard this week following news that Apple will release a VR/AR headset.
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Solflare Wallet Brings 'Priority' Gas Fees to Solana Solflare says the update will give its users an edge in transaction processing during busy periods.
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SHIB Team Says Layer-2 Network Shibarium to Launch ‘Soon’ The Shiba Inu team announced on Sunday that the ecosystem’s speedy layer-2 upgrade Shibarium is just around the corner.
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CoinFLEX Users Irate Over Leaked GTX Pitch Deck From Three Arrows Founders 3AC and CoinFLEX founders are seeking backers for a new crypto claims exchange that aims to “dominate” the industry.
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Former FTX US President Accuses SBF of ‘Gaslighting and Manipulation’ Following his sudden departure from FTX US in September, Brett Harrison describes prolonged tension with Sam Bankman-Fried.
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Republican Lawmakers Push Crypto Regulation with New House Subcommittee Congressman Patrick McHenry wants to establish “clear rules of the road among federal regulators.”
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FTX Cleared to Sell LedgerX, Other Assets to Repay Creditors Hoping to maximize recoverable value, the exchange also got approval to unload its subsidiaries and regional arms.
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Why the IRS Has an Interest in the FTX Bankruptcy Case The IRS hasn't made its intentions clear, but it has an attorney assigned to the case—and tax experts say there’s good reason for that.
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Nexo 'Vehemently Denies' Allegations of Fraud Following Arrests in Bulgaria Crypto lender Nexo says Bulgaria's investigation is "politically motivated" but will not confirm if the arrests involved company employees.
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Europol Takes Down Crypto Call Center Fraud A joint effort by Eurojust and Europol saw law enforcement take down call centers promoting bogus crypto investment opportunities.
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From 'Bitcoin Billionaires' to SEC Charges: A Brief Crypto History of the Winklevoss Twins The Winklevoss brothers hit it big in crypto after the Facebook settlement—but now they’re in a $900M spat and the Gemini faces charges.
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Silvergate Writedown Casts Doubt on Future of Meta’s Failed Stablecoin Project The crypto bank valued the stablecoin project that it bought from Meta at 98% less than it did a year ago.
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Grayscale: SEC Argument for Blocking Bitcoin ETF 'Illogical' Grayscale's latest response to the SEC in its ongoing Bitcoin ETF litigation argues that the regulator's "central premise is illogical."
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Bill Gates Doesn’t Think Web3 is a Big Deal For the Microsoft co-founder, the future lies in artificial intelligence rather than Web3 or the metaverse.
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Hong Kong to Only Offer ‘Highly Liquid’ Cryptocurrencies for Retail Trading: Report After blocking retail crypto traders in 2018, Hong Kong is moving ahead with a new regulatory regime. Still, more guard rails are expected.
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Nexo Hit by 'Flood of Withdrawals' Following Office Raid Over Money Laundering Investigation Blockchain analysts confirmed that funds were being rushed out of the crypto lender.
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Gold Fever Is Evolving Blockchain Gaming Beyond Play-To-Earn The multiplayer jungle survival strategy game is inspired by a real-life gold rush—and puts gameplay first.
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Coinbase to Shutter Bulk of Operations in Japan A small crew will stay on at Coinbase Japan to safeguard customer assets while the entity transitions to its next iteration.
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Dutch Bitcoin Exchange Bitvavo Says DCG’s Payback Plan ‘Not Acceptable’ The Netherlands’ biggest crypto exchange Bitvavo insists on full repayment of the $297 million it is owed by Genesis Trading.
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Bankruptcy Filing Reveals Tom Brady, Kevin O’Leary, and Coinbase Among Major FTX Creditors Bankruptcy attorneys released a long list of names and the number of shares held by former associates and investors.
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BONK NFTs Boom—But Solana-Based Meme Token Is Down 69% Since Peak After selling out, the BONKz NFTs are now trading for 10 times the mint price—but the actual BONK token is still sliding.
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Former FTX Exec Nishad Singh Seeking Cooperation Deal From Authorities: Report Singh’s possible deal with authorities reportedly revolves around large donations FTX and SBF had made to various political campaigns.
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CFTC Charges Mango Markets Hacker With Fraud The latest action against Avraham Eisenberg follows similar charges filed by the Justice Department for the multi-million dollar hack of the Solana exchange.
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Coinbase Announces Further Layoffs, Cutting Headcount by 950 Employees After first announcing layoffs last summer, crypto exchange Coinbase is continuing to trim its workforce—this time by 950 employees.
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Wyre Announces Withdrawal Limits as Crypto Firm Navigates Crypto Winter Wyre users are now only able to withdraw 90% of their funds, with the firm adding that it's "exploring strategic options" amid the bear market.
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This Week on Crypto Twitter: Winklevoss Beefs with Silbert Over $900 Million, SBF Donations Tied to Pro-Trump Organizations Twitch streamer and NFT creator DNP3 confesses to squandering investors’ funds to feed his gambling addiction.
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All the FTX Films and TV Series in Production Right Now The downfall of FTX founder Sam Bankman-Fried has caught the interest of Hollywood, with several high-profile projects already in development.
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This Week in Coins: Solana Rallies as Crypto Market Sees Green to Start 2023 After spending two months in freefall, Solana led a crypto market recovery this week with an explosive rally.
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Genesis Cuts Staff by 30% as Financial Woes From FTX Fallout Persist Crypto lending firm Genesis is laying off staff in an effort to reduce costs and stabilize its troubled financial situation.
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3AC Founders Kyle Davies and Su Zhu Tagged in Tweet Delivering Court Subpoena After keeping a relatively low profile, the collapse of FTX brought the Three Arrows Capital cofounders back into the public eye.
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SDNY Launches FTX Task Force To Investigate and Recover Victim Funds The task force will use asset forfeiture to recover billions of dollars’ worth of funds owed to victims of the exchange’s collapse.
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'See You in Court': Logan Paul Threatens to Sue YouTuber Coffeezilla Over CryptoZoo Scam Claims In response to Coffeezilla’s video series, Paul denies scamming his audience and said he has only lost money on his NFT game.
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Former Bithumb Chairman Lee Jung-Hoon Not Guilty: Report The former Bithumb chairman has been cleared of wrongdoing relating to the shambolic 2018 Bithumb Coin token sale.
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Coinbase Stock Price Jumps 12% Following $100M NYDSF Settlement The settlement means the end of the New York regulator’s probe, which Coinbase first disclosed in 2021.
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Crypto Crystal Ball: Biggest Trends to Watch in 2023 Poised to deliver clarity on post-FTX fallout and major legal and regulatory questions, 2023 is already shaping up to be a critical year for the crypto industry.
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Grayscale Ethereum Trust Trades at Record 60% Low Against Ethereum Grayscale is currently battling the SEC regarding the future legal status of its funds, as its GBTC and ETHE products trade at a discount.
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Lido Finance Up 8% After Overtaking MakerDAO’s TVL After flipping MakerDAO, Lido Finance is now the largest DeFi protocol in terms of total value locked, as liquid staking gains momentum post-merge.
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2022 Wasn't All Bad for Crypto (Just Mostly) Crypto ended the year on an abysmal streak of bankruptcies and price declines. But 2022 still had some silver linings and reasons for bullishness.
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Bitcoin and Ethereum Start 2023 in the Green—But Only Slightly The two biggest cryptocurrencies have climbed slightly in the past 24 hours, but remain down on the week after an inauspicious end to 2022.
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Gemini’s Winklevoss Slams DCG CEO Silbert for ‘Bad Faith Stall Tactics’ Over $900M in Locked Funds Cameron Winklevoss penned an open letter over funds reportedly owed to Gemini Earn customers; Barry Silbert denies the accusations.
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Solana Jumps Double Digits to Reclaim $11 Despite the recent boost, Solana is down almost 20% over the past month as many SOL-based projects migrate to pastures new.
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Metaverse Tokens ApeCoin, Axie Infinity Ring in New Year With 6% Surge Metaverse and gaming tokens have started the New Year on a high note, while games giant Square Enix has doubled down on blockchain.
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Bitcoin and Ethereum Flat in Final Week of 2022, Solana and Dogecoin Down Bad Bitcoin and Ethereum slid less than 2% in the final week of a brutal year for crypto prices; SOL and DOGE fell much harder.
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This Week on Crypto Twitter: Did SBF Move Money? Man Utd NFTs Under Fire. Eisenberg Arrested! SBF returns to Twitter, Avraham Eisenberg is busted, and Manchester United gets accused of NFT art plagiarism.
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Sam Bankman-Fried Expected to Plead Not Guilty on FTX Fraud Charges The FTX founder and former CEO will reportedly enter a not guilty plea to eight charges of fraud from U.S. authorities.
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Cathie Wood's Ark Invest Buys the Dip, Scoops Up $5.5M in Coinbase Stock Ark Invest has once again moved to purchase cheap Coinbase stock, adding $5.5 million worth of COIN shares to its ARK Fintech Innovation ETF (ARKF).
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Trump NFTs Crater With Daily Sales Down 98% From Peak Demand for the ex-president’s Polygon NFTs has vanished, with both sales volume and prices falling sharply.
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Alameda-Linked Funds on the Move Again via Coin Mixers Wallets linked to Sam Bankman-Fried's Alameda Research are swapping and transferring crypto funds, using coin mixers to obscure transactions.
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FTX Japan to Refund Customers Starting February 2023 FTX Japan is developing systems to enable customers to recover their stuck assets via local crypto exchange Liquid Japan.
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Solana-Based Tokens Tumble as ‘Ethereum Killer’ Continues Slide The price of Solana's native cryptocurrency fell another 6% on Thursday, pulling other tokens in the ecosystem down with it.
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Pega Pool Aims to Make Bitcoin Mining Eco-Friendly With Carbon Offsets With Bitcoin mining’s fossil fuel use on the rise, the Bitcoin mining pool is on a mission to reduce the industry’s carbon footprint.
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Alameda-linked Addresses Begin Swapping Ethereum, ERC-20 Tokens for Bitcoin It is currently unclear who was behind the latest transfers from crypto wallets associated with Alameda Research.
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Bitcoin Miner Argo Blockchain Sells Texas Facility to Galaxy Digital for $65M In addition to the $65 million sale to Galaxy, Argo is also grabbing a $35 million loan backed by more than 23,000 mining machines.
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Most Impressive NFT Projects of 2022 From goblins to Nouns to penguins to Reddit Snoos, these NFT projects made waves in 2022 amid the speculative noise.
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The Crypto Ads That Made Waves in 2022 Crypto advertisements exploded onto our streets and screens in 2022—but the crypto crash meant that many of them have aged badly.
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Japan Mulls Reversing Ban on Foreign-Issued Stablecoins: Report Japanese crypto exchanges may welcome stablecoins like Tether (USDT) or USD Coin (USDC) as early as next year.
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Sam Bankman-Fried Will Face Judge Who Presided Over Trump, Kevin Spacey A “no-nonsense” Manhattan judge who has handled a number of high-profile cases will now oversee SBF’s.
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Caroline Ellison 'Knew That It Was Wrong,' Implicates Sam Bankman Fried Misleading financial statements hid just how entangled Alameda and FTX finances were.
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Nexo Says It 'Has Not Given Up' On Bailout for Rival Crypto Lender Vauld Crypto lender Nexo insists it is still in talks with rival Vauld over potential acquisition of the Singapore-based company.
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Laughing Through Tears: Crypto Memes of The Year This year, heavy industry-wide losses from Bitcoin to the now-collapsed FTX exchange drove crypto fans to seek refuge in humor.
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'Bag Fumble of the Century': Biggest Ls in NFTs in 2022 If 2022 taught us anything, it's that we are not all "gonna make it." These NFT traders and creators learned some tough lessons this year.
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North Korea-linked NFT Phishing Campaign Targets OpenSea, X2Y2, Rarible Users The phishing scheme used a web of over 500 fraudulent websites to extract key information from NFT users during the minting process.
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Bitcoin Hash Rate Suffers Near 40% Drop Amid U.S. Deadly Winter Storm As extreme weather conditions left more than one million without power on Friday, several U.S.-based Bitcoin miners have paused operations.
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Judge in SBF Case Recuses Herself Over Husband’s Firm’s Past Work for FTX Bankman-Fried will be assigned a new judge in his criminal trial after the initial judge disclosed a “possible conflict.”
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Crypto Is Down Bad, But VCs Keep Pouring Money In After the collapse of FTX, Web3 VCs say they believe in decentralized tech as much as ever. What the hell else can they say?
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OKX Proof-of-Reserve Report Shows 101% Bitcoin, Tether Reserves OKX joins a long list of crypto firms rushing to prove their stability, but regulators continue to question the reliability of such reports.
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This Week in Coins: Bitcoin, Ethereum See Modest Gains Heading Into Christmas Coins are limping into the new year. And in its investigation of FTX’s collapse, the SEC appears to have redoubled its assault on crypto.
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The Biggest NFT Moments of 2022 From Apes to big brands to creator royalties, all amid a rollercoaster market, these are the trends that defined the year in NFTs.
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Peter Thiel-backed Crypto Exchange Bullish Calls Off $9B SPAC Plan Bullish joins a number of firms that have scrapped their SPAC aspirations amid an uncertain regulatory climate for crypto firms.
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California Regulator Orders Halt to MyConstant’s Crypto Lending Services The Department of Financial Protection and Innovation alleged that crypto loans platform MyConstant was operating without the appropriate license.
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Sam Bankman-Fried Released to Parents' Palo Alto Home on $250 Million Bond Sam Bankman-Fried was allowed to await trial with his parents in an agreement described by prosecutors as the "highest ever pre-trial bond."
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Who Lost the Least? Top Performing Crypto Assets of 2022 Bitcoin’s heavy price depreciation over the year was reflective of a general trend. Still, a few tokens weathered the industry storm well.
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Last updated: 10.11.22
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