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Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform
8.12.2022
According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda acquired Ren and was funding development every quarter. On Dec. 7, 2022, Ren developers warned...
Did Sam Bankman-Fried Finally Admit the Obvious?
8.12.2022
US Watchdog Says Banks Shying Away from Stumbling Crypto Industry
8.12.2022
U.S. banks have been cooling off on their crypto interest since this year’s twin eruptions of Terra/LUNA and FTX, said Michael Hsu, the acting chief of the Office of the Comptroller of the Currency (OCC)
Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows
8.12.2022
Litecoin fell for a third consecutive session on Thursday, as the token continued to move away from recent highs. Cryptocurrencies have been mostly lower in recent days, as traders continue to fear a global recession. Cosmos also remained in the red during today’s session. Litecoin (LTC)...
NFT Marketplace Magic Eden Pushes Further Into Gaming With New Hire
8.12.2022
Chris Akhavan will take on the new role of Chief Gaming Officer to build the marketplace’s Web3 gaming strategy following its expansion to the Polygon network
Grayscale Bitcoin Trust Discount Widens to Record High Near 50%
8.12.2022
The shares have not traded at a premium to bitcoin since March 2021
Some Central Banks Reportedly Looking to Issue a CBDC Within 10 Years
8.12.2022
Generally, 35% of central banks were more inclined to issue a CBDC despite recent events in crypto and none were less inclined a report by the Official Monetary and Financial Institutions showed
Leader of Suspected Russian Ponzi Scheme Is Arrested in UAE: Report
8.12.2022
Edvard Sabirov's arrest leaves just one of the four known leaders of Finiko at large
Crypto Hedge Fund BKCoin Fired Co-Founder Kang Over Misappropriated Investor Funds
8.12.2022
An ongoing case in a Florida district court alleges Kang misused $12 million in investor assets
The Game Awards 2022: Where To Watch And What To Expect
8.12.2022
It’s that time of the year again: Geoff Keighley’s annual Game Awards ceremony will be held today, December 8, at the Microsoft Theater in Los Angeles at 4:30 p.m. local time / 7:30 p.m. ET. Are you going to watch along with us? Read more
Hedge Fund Presidio Trading to Spin Out Crypto Market Tail Risk Strategy
8.12.2022
Tail risk investment strategies look to reduce overall portfolio risk by outperforming during an unexpected downturn, but do so at the cost of lower returns in a bull market
Ethereum Developers Target March 2023 for Release of Staked Ether
8.12.2022
Staked ETH withdrawals are coming in the spring of 2023, while proto-danksharding will follow in the subsequent hard fork in the fall
Drones, Fertility, and Defi — A Look at Alameda Research’s Massive $5.4 Billion Portfolio of Investments
8.12.2022
Over the last few weeks, there’s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Alameda’s investment portfolio, which alleges the company spent more than $5 billion on hundreds...
FTX Bankruptcy Managers Hire Forensic Investigators AlixPartners: WSJ
8.12.2022
The team, led by former SEC accountant Matt Jacques, is tasked with tracking billions of dollars that disappeared from FTX
South Korean Court Denies Injunction Against Crypto Exchanges for Delisting Metaverse Token Wemix: Report
8.12.2022
The Wemix token is trading 90% lower than this time last month after it was delisted by several exchanges
The Biggest Gaming Disappointments Of 2022
8.12.2022
Congrats everyone, you all made it through another awful pandemic year! 2022 is nearly at an end, meaning that it’s a good time to look back at all the terrible and disappointing shit that happened over the last 12 months. It’s enough to make me crave a distraction from it all, maybe even hop into...
Bitcoin, Ethereum Technical Analysis: BTC Nears 10-Day Low, as Bears Regain Market Sentiment
8.12.2022
Bitcoin continued to slip on Thursday, with the coin remaining close to its lowest level since the end of November. Momentum in cryptocurrency markets has shifted in recent days, with sentiment currently bearish. Ethereum was also lower, with the token dropping towards $1,200. Bitcoin Bitcoin (BTC)...
2022 – Crypto Markets: A Year in Review
8.12.2022
2022 has been a difficult year for cryptocurrency. Coming off euphoric highs from the year before, the crypto market has endured an environment of tightening monetary policy, which led to sell-offs, implosions of new projects like TerraLuna, bankruptcies of CeFi companies like Celsius and Voyager...
First Mover Americas: Mr. Bankman-Fried Must Go to Washington
8.12.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 8, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
EU to Make Crypto Companies Report Tax Details to Authorities
8.12.2022
The European Commission is going a step further than its crypto law MiCA as it seeks to tackle tax evasion