Bitcoin (BTC) tumbled overnight, with the leading cryptocurrency dropping to levels as low as $19,621, according to data from CoinMarketCap. Last week was a bullish one for cryptocurrencies, as most ended up in the green […]
Less than a month after it paused withdrawals for customers, crypto lender Celsius has put new lawyers at the helm of its restructuring process, according to the Wall Street Journal. Citing “people familiar with the […]
Almost 50 projects built on Terra, including the NFT marketplace OnePlanet and metaverse game Derby Stars, have begun migrating to Polygon—and more are on the way. “We will be putting capital and resources against these […]
Securities regulators in Texas and Alabama announced today that they are expanding their investigations into Voyager following the emergence of new information after the collapse of the exchange. “What we’re seeing now is that a […]
DeFi entrepreneur Jason Stone—one of the individuals behind yield farming account 0xb1 and CEO of KeyFi, Inc.—is suing crypto lending platform Celsius for allegedly refusing to honor its contract. Stone is seeking damages for an […]
Even as crypto firms shed workers and seek bankruptcy protection in a brutal market downturn, executives from traditional finance are still heeding the siren song of Web3. Former JP Morgan executives Eric Wragge, Puja Samuel, […]
The Ethereum Name Service (ENS) saw registrations spike over the weekend, with 64,000 .eth names created on Sunday and Monday alone. In the past week, 108,000 ENS domains were registered. This 216% increase, revealed in […]
The price of KuCoin (KCS), native token of the KuCoin cryptocurrency exchange, has tanked over the past seven days following insolvency rumors. At the time of writing, KuCoin was down 17.34% in the past week, […]
A prominent artist claims that the biggest NFT brand on Earth is secretly run by a conspiracy of Nazi trolls. The artist sold a copycat collection of the brand’s NFTs, netting him some $1.8 million. […]
In brief A decentralized autonomous organization is an organizational structure where control is spread out rather than hierarchical. DAOs use smart contracts on a blockchain, with participants using governance tokens to vote on proposed actions. […]
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