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Three Arrow Capital's Zhu, Davies Subpoenaed in US Bankruptcy Case
7.12.2022
The New York Bankruptcy Court wants to gain information about the collapsed crypto hedge fund’s founders and investment managers
DeFi Project Mercurial Plots Revamp and New Tokens Following 'Toxic' Association With FTX
7.12.2022
The plan will see Mercurial launch its popular products as a separate project under the name Meteora
Chainlink Staking Opens With Initial $51 Million Inflow
7.12.2022
The company launched staking on its platform on Tuesday
Binance Generates 90% of Revenue From Transaction Fees, Changpeng Zhao Says
7.12.2022
Cryptocurrency exchange Binance generates 90% of its revenue from transaction fees, CEO Changpeng "CZ" Zhao said
Ledger Reveals New Crypto Hardware Wallet Designed by iPod Creator Tony Fadell
7.12.2022
On Tuesday, the hardware wallet manufacturer Ledger announced the launch of a new device called Ledger Stax. The machine was designed by iPod creator, Tony Fadell, and the France-based firm Ledger says the new device was built with “uncompromisingly secure architecture.” iPod Creator Tony Fadell...
Rally in Crypto Game Axie's AXS Token Faces Skepticism From Derivative Traders
7.12.2022
With a favorable environment for alternative cryptocurrencies far away, a rise in open interest in AXS futures implies traders shorting the rally, one trader said
Crypto Infrastructure Firm Blockstream Seeks to Raise Funds at 70% Lower Valuation: Bloomberg
7.12.2022
The under $1 billion valuation is a far cry from the $3.2 billion valuation it had received in 2021
DeFi Protocol Sushi Proposes 'Immediate' Action to Support Its Treasury
7.12.2022
Developers proposed to divert 100% of fees generated on the platform to SushiSwap’s multisig for one year or until new tokenomics are implemented
Binance Counters ‘Wrong Narratives’ About FTX — CZ Calls SBF ‘One of the Greatest Fraudsters in History’
7.12.2022
The CEO of crypto exchange Binance, Changpeng Zhao (CZ), has countered several “wrong narratives” about the collapsed crypto exchange FTX and its co-founder Sam Bankman-Fried (SBF). The Binance boss calls SBF “a master manipulator” and “one of the greatest fraudsters...
US Lawmakers Want State Department to Disclose Crypto Rewards
7.12.2022
The State Department will have to report on payments it makes in crypto and their effects, according to a draft of the NDAA
Nifty News: Winamp adds NFT support, Atari gets physical and more
7.12.2022
Atari has teamed up with Pixels.com for physical NFT artworks and Investopedia has given a rundown on NFT tax law
Report: FTX Co-Founder SBF Retains White-Collar Lawyer Who Represented Ghislaine Maxwell
7.12.2022
On Dec. 6, 2022, the former FTX CEO Sam Bankman-Fried (SBF) reportedly retained the attorney Mark Cohen, the lawyer that represented Ghislaine Maxwell during her recent sex trafficking case. SBF’s spokesperson further explained that the FTX co-founder is being consulted by a professor at Stanford...
World Cup Player Gets Gaming Setup Shipped To Qatar So He Can Play Fortnite
7.12.2022
England goalkeeper Jordan Pickford has made a few handy saves so far at this World Cup, but between waiting around for large parts of a game and then having days between matches, there’s a lot of spare time to fill. Which he has duly done by getting an enormous gaming setup shipped over from...
Early Bitcoin Pioneer Ian Freeman Goes to Trial in New Hampshire
7.12.2022
CONCORD, New Hampshire — Federal prosecutors say early bitcoin pioneer and Libertarian activist Ian Freeman and a group of his associates helped scammers and other criminals launder more than $10 million using bitcoin through a network of bitcoin vending machines and in-person and virtual...
Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll Testify When He’s Ready
7.12.2022
Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF) to attend a congressional hearing on the collapse of his cryptocurrency exchange. Bankman-Fried says he will testify when he has finished “learning...
First Mover Asia: Bitcoin Holds Its $17K Perch Amid Rate Hike Concerns
7.12.2022
ALSO: Sam Reynolds writes that Asia is ready for a scaled up, crypto-friendly bank, particularly if the U.S. oversteps in regulating the industry following the recent FTX debacle
Crypto Audit Platform Sherlock Expects $4M Loss From Troubled Loans on Maple Finance
7.12.2022
Sherlock deposited $5 million USDC of its staking pool into the beleaguered credit pool on Maple, which suffered a $31 million hit from Orthogonal Trading’s loan defaults
Coinbase CEO Slams Sam Bankman-Fried for Blaming FTX’s $8 Billion Hole on ‘Accounting Error’
7.12.2022
The chief executive of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, has slammed former FTX CEO Sam Bankman-Fried (SBF) for claiming that FTX is missing $8 billion due to an “accounting error.” He stressed: “It’s stolen customer money used in his hedge...
GensoKishi Official Release | LAND Sales Coming in December
7.12.2022
PRESS RELEASE. On November 30th, the MMORPG game “GensoKishi Online-Meta World” was officially released. It is the web 3 version of the iconic Japanese 3DMMO “Elemental Knights Online,” which won the “Game of the Year Gold Award 2012” in Taiwan and accumulated...
Exploring Biden’s Executive Order on Crypto, 6 Months In
7.12.2022
CoinDesk published its annual Most Influential series on Monday, highlighting a number of regulators, lawmakers and similarly impactful individuals. I spoke to Carole House, one of the authors of the White House executive order on crypto, to take a look at the document, its origins and where we...