EquitiesFirst Owes Celsius $439M: Report
Key Takeaways Crypto lending company Celsius is currently owed $439 million by EquitiesFirst, court filings and a new report from...
Business
As Costs Rise and Prices Fall, How Home Miners Are Learning to Adapt
Home and hobbyist miners in the U.S. are finding creative ways to slash their energy bills in the face of...
Pompliano Crypto Recruitment Firm Raises $12.6M in Series A Funding
Influential bitcoin investor Anthony Pompliano has raised $12.6 million in Series A funding for Inflection Points, a crypto-focused recruitment and...
Three Arrows Capital Liquidators Secure Subpoena for Hedge Fund Founders
Liquidators of Three Arrows Capital have successfully petitioned a federal bankruptcy judge to subpoena the hedge fund founders. The motion...
Binance Granted Crypto Registration From Spanish Central Bank
Key Takeaways Binance's Spanish subsidiary Moon Tech Spain, S.L. has been granted a Virtual Assets Services Provider registration by the...
HashKey Reveals New Features for Web3 Users and Devs
Web 3 decentralized identifier QPassport has officially announced to rebrand as HashKey DID. With the aim of developing a long-term...
Ex-Meta Employees Aim to Revive Diem and Build the Next Big Blockchain
Two former Meta employees are developing the Aptos blockchain using Diem’s open-source technology to create an L1 blockchain for enterprises....
CoinFLEX to Sue Robert Ver For Margin Call Repayment
Derivatives exchange CoinFlex has said it will pursue legal action against Roger Ver, who failed to repay a $47 million...
Blockchain.com Loses $270M in 3AC Chaos
Key Takeaways Blockchain.com has lost $270 million to Three Arrows Capital, according to a letter sent to shareholders two weeks...
Deribit and Blockchain.com Creditors Who Pushed for 3AC Liquidation
Deribit and Blockchain.com exchanges were among the creditors who pushed for the liquidation of embattled crypto hedge fund Three Arrows...
FTX CEO Sets His Sights on Acquiring Distressed Mining Companies Next
FTX billionaire Sam Bankman-Fried is eyeing distressed mining companies as potential acquisitions next after extending a credit line to BlockFi....
FTX Derivatives Play Faces Pushback From Wall Street
Bahamas-based crypto exchange FTX is pushing the Commodities and Futures Trading Commission to grant it a license to offer bitcoin...
UPRISE Lost $20M of Client Funds on LUNA Short Bet
Key Takeaways UPRISE, a Korean crypto startup running a robo-advisor algorithmic trading platform, reportedly lost $20 million in a short...
Meta Platforms to Sunset Down Novi Digital Wallet This Fall
The curtain will fall on Meta Platforms’s embattled stablecoin project after a brief run as a tool for money transfers....
Binance CEO Raises Alarm on Chinese Data Breach
Binance CEO Changpeng “CZ” Zhao sounded the alarm on a massive data leak of one billion Chinese residents that went...
Are expiring copyrights the next goldmine for NFTs?
Although nonfungible tokens (NFTs) are most commonly known in the form of digital art, they exist in many other forms...
KuCoin CEO Denies Withdrawal Freeze Rumors
Key Takeaways KuCoin is rumored to be facing insolvency issues in the fallout from Three Arrows Capital's collapse. The firm's...
The future is a process, not a destination
On June 10, many were surprised by the news that TBD, a subsidiary of Block, Twitter’s co-founder Jack Dorsey, announced...
Coinbase downgraded, 3AC deemed insolvent and Michael Saylor buys the dip
Coinbase has long been considered an important bellwether of the cryptocurrency market. Last year, when the company was expanding its...
BnkToTheFuture unveils 3 proposals to rescue Celsius from oblivion
Celsius’ lead investor BnkToTheFuture has outlined three proposals to save Celsius from bankruptcy while finding a good outcome for shareholders...
BlockFi CEO Denies Company Will Be Sold for $25M
Key Takeaways BlockFi CEO Zac Prince "100%" denies that the company is being sold for $25 million to FTX. A...
Genesis faces huge losses, BlockFi’s $1B loan, Celsius’s risky model
It’s been another day of watching the ripples of contagion spread through the crypto market. With Three Arrows Capital being...
