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After Frenzied Arbitrum Airdrop Day, 37% of Eligible Wallets Still Haven’t Claimed Their ARB

[Mar 23, 2023 3:23 PM] Arbitrum’s token airdrop started off in a frenzy that broke multiple websites, and yet more than 428 million ARB tokens are left to be claimed.

Mysten Labs to Buy Back Equity, Token Warrants From FTX Bankruptcy Estate for $96M

[Mar 23, 2023 2:25 PM] FTX Ventures invested $101 million in Mysten Labs just months before Sam Bankman-Fried’s empire collapsed. Now, Mysten is buying back the stake (and Sui token warrants) for $96 million through bankruptcy court.

Dreams of Rebooting FTX Face Cold Reality That Its Technology Wasn’t Well-Regarded

[Mar 23, 2023 12:20 PM] When the new boss of FTX, John J. Ray III, told The Wall Street Journal in January that he was thinking of rebooting the disgraced cryptocurrency exchange, the comment made a splash in the industry. But interviews with major trading firms who once…

Stablecoin Issuer MakerDAO Votes to Retain USDC as Primary Reserve Even After Depeg

[Mar 23, 2023 10:58 AM] The decision follows a turbulent period during which USDC temporarily lost its dollar peg when key banking partner SVB collapsed.

GoldenTree Moves $5M of SUSHI, Sparking Fear It’s Exiting

[Mar 23, 2023 10:45 AM] Much of the asset manager’s Sushi trove was deposited at Binance in the last 24 hours.

Radix Tokens Raises $10M Ahead of Introducing Smart Contract Capability

[Mar 23, 2023 8:00 AM] The funding round was led by market maker and investment firm DWF Labs and gives the firm a valuation of $400 million.

Crypto Exchange Coinbase Shares Tumble 16% After SEC Enforcement Notice

[Mar 23, 2023 7:45 AM] The SEC issued Coinbase a Wells notice on Wednesday, which informs businesses that it is planning future enforcement action against them.

Terra's LUNA Tokens Fall Steeply on Do Kwon's Alleged Arrest

[Mar 23, 2023 7:37 AM]

Do Kwon Arrested in Montenegro: Interior Minister

[Mar 23, 2023 7:34 AM] The announcement was made by the minister of interior Filip Adzic.

Jack Dorsey's Block Tumbles 17% After Short-Seller Hindenburg's Report

[Mar 23, 2023 7:22 AM] Notable short seller Hindenburg Research accuses Block of "wildly" overstating user counts, while understating customer acquisition costs.

Arbitrum Site, Blockchain Scanner Down Ahead of ARB Airdrop

[Mar 23, 2023 7:06 AM] The front-ends were down amid massive interest from traders.

Crypto Is the Solution to Bank Runs, Not the Cause

[Mar 23, 2023 6:45 AM] Self-custody, transparency and immediate settlement are just a few ways that crypto could prevent loss of funds.

Crypto Platform Ziglu Courting Buyers After Robinhood Deal Collapses: Report

[Mar 23, 2023 6:18 AM] Ziglu is also looking to raise around $2.46 million to enable it to continue operating until a sale is agreed

Coinbase Downgraded at Oppenheimer After Disclosing Possible SEC Charges

[Mar 23, 2023 6:18 AM] The Wall Street brokerage said it was becoming increasingly worried about the fairness of crypto enforcement actions in the U.S.

FTX Bankruptcy Estate to Claw Back $460M From Modulo Capital

[Mar 22, 2023 6:35 PM] Alameda Research seeded little-known Bahamas-based hedge fund Modulo Capital with $475m in 2022. The recovery includes $404m of cash.

Kraken to Suspend ACH Deposits and Withdrawals Following Silvergate Shutdown

[Mar 22, 2023 3:11 PM] The exchange says no other services will be affected by this change.

Crypto Exchange Coinbase Suspends Algorand Staking Rewards

[Mar 22, 2023 12:18 PM] Coinbase did not give a specific reason for terminating the rewards.

Federal Reserve Hikes Rates by 25 Basis Points

[Mar 22, 2023 12:05 PM] Recent bank failures had market participants questioning if the U.S. central bank would follow through with its previous intention to further tighten monetary policy.

‘Smart Money’ Tools Reveal Where Crypto Capital Is Moving

[Mar 22, 2023 10:37 AM] Tools that track “whale activity” can provide real-time insight into how capital is moving in digital assets such as bitcoin and liquid staked ether and can inform investing decisions.

Crypto Game Aavegotchi to Build Custom Blockchain Using Polygon Technology

[Mar 22, 2023 9:08 AM] Gotchichain is a permissioned version of Polygon optimized for Aavegotchi-themed games and dapps.

Telegram Users Can Now Transfer USDT Through Chats

[Mar 22, 2023 9:00 AM] USDT has been added to Telegram's @wallet bot, expanding the messaging app's facility for buying and selling crypto.

European Crypto Startups Raised Record $5.7B in VC Funding in 2022

[Mar 22, 2023 8:00 AM] A new report from crypto VC firm RockawayX and startup data provider Dealroom showed strength in the region despite the crypto winter.

Immersion Cooling Firm LiquidStack Secures Series B Funding to Build Manufacturing in U.S.

[Mar 22, 2023 7:00 AM] The company can reduce the carbon footprint, land and water use of bitcoin miners through its technology.

Crypto Exchange Bitget Invests $30M in Digital Wallet BitKeep

[Mar 22, 2023 5:55 AM] Singapore-based crypto exchange Bitget has invested $30 million in decentralized multi-chain wallet BitKeep to become its controlling stakeholder, according to a press release.

Crypto Finance and Apex Group to Offer Institutional Crypto Products

[Mar 22, 2023 5:13 AM] Crypto Finance will provide Apex with the digital infrastructure needed to issue structured investment products.

Copper to Lay Off Up to 15% of Staff, Focus on Crypto Custody, Settlement

[Mar 22, 2023 4:30 AM] The process is just getting under way and the company, which employs just over 300 staff, said it cannot put an exact number on job losses.

Crypto Exchange Luno Rejiggers Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing

[Mar 22, 2023 4:00 AM] CEO Marcus Swanepoel is moving into a new role as executive chairman, and COO James Lanigan has been promoted to CEO.

Binance Launchpad for Space ID Tokens Receives Over $2.8B in BNB Commitments

[Mar 22, 2023 2:45 AM] Over 8.4 million bnb tokens have been committed to the Space ID token sale, which was raising $2.5 million from exchange users.

Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion

[Mar 21, 2023 6:00 PM] U.S. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the risk of contagion.” The government recently protected all deposits of Silicon…

Hacker vs Hacker: North Koreans Attempt to Phish Euler Exploiter of $200M in Crypto, Experts Say

[Mar 21, 2023 5:40 PM] The wallet that stole $200 million in crypto from DeFi protocol Euler Finance was the target of an apparent phishing campaign from North Korean hackers, according to analysts.