Collapsed crypto exchange FTX filed a lawsuit against Grayscale Investment, citing mismanagement of the firm as evidence that it was in violation of Trust agreements. The FTX debtors also filed ...
Tag: Quote
Conflux raises $10 million from DWF Labs in token round
Conflux, a Layer 1 blockchain developer, raised $10 million from DWF Labs. The investment will help Conflux expand its technology and grow its user base, DWF Labs said Wednesday. Conflux co-foun...
Cumberland Labs backed Hashnote launches regulated DeFi platform
Deals • February 28, 2023, 9:00AM EST A regulated decentralized finance (DeFi) platform for institutions, Hashnote, launched after a $5 million incubation with early stage blockchain investor Cumberla...
Coinbase unveils its Ethereum Layer 2 network that won’t have a token
Coinbase is officially jumping into the Layer 2 game. The crypto exchange giant unveiled Base, a testnet version of its new Ethereum Layer 2 network, at ETHDenver. Modeled on Ethereum’s Go...
A16z backed Bitski launches digital currency wallet
Web3 • February 22, 2023, 8:00AM EST Bitski today rolls out a new wallet targeting crypto natives and newcomers alike. Backed by major investors such as A16z, Galaxy Digital and Kindred Venture...
Platypus salvages $2.4 million in hacked funds with BlockSec’s help
Published 50 minutes earlier on Published 2 hours and 50 minutes earlier on After the Platypus protocol was hacked yesterday, at least 2.4 million USDC was returned to the exploited platform with help...
Sinbad crypto mixing service may be Blender in disguise: Elliptic
A shuttered crypto transaction mixer once sanctioned by U.S. regulators may have returned under a new name, according to an analysis by crypto firm Elliptic. Elliptic said that on-chain data sho...
More than 100,000 ETH has gone through MEV-Boost since The Merge
The amount of ETH distributed via the maximal extracted value (MEV) tool from Flashbots, MEV-Boost, recently surpassed 100,000 ETH ($162 million) since the Ethereum Merge last September, according to ...
Discounts, premiums narrow for Ethereum liquid staking derivatives ahead of Shanghai
Discounts and premiums on Ethereum liquid staking derivative (LSD) tokens have fallen ahead of the upcoming Shanghai-Capella upgrades. The top five biggest LSDs have narrowed toward their notion...
Chorus One brings MEV protocol to Solana
The Solana blockchain may see a new open-source approach to maximal extracted value (MEV), according to a white paper produced by blockchain protocol architect, Chorus One. The version of MEV fo...
QuickNode reaches $800 million valuation in Series B round
QuickNode, a web3 infrastructure firm that provides blockchain development tools, reached an $800 million valuation in a $60 million Series B round. Dan Tapiero’s 10T Holdings led the roun...
Ivan on Tech’s Moralis becomes latest crypto firm to cut headcount
Moralis, a blockchain infrastructure firm co-founded by popular crypto content creator Ivan Liljeqvist (aka Ivan on Tech), is the latest crypto company to cut jobs, Liljeqvist told The Block. “I...
The ‘age of tokenization’ of real-world assets is coming
There are a lot of reasons to be bullish on what’s happening with Ethereum even if you can’t unstake your ETH just yet, Ether Capital CEO Brian Mossoff said in an interview with The Block. Mosso...
The Giving Block cuts about 12% of its workforce
The Giving Block, a crypto donations marketplace, trimmed its workforce, two sources with direct knowledge of the matter told The Block. The Miami-based company laid off around ten people, or a...
Crypto investor HashKey Capital closes third fund at $500 million
Crypto investment firm HashKey Capital has closed its third fund by raising $500 million. The fund comes as the industry is reeling under pressure from recent collapses and the bear market. Dubb...
TaxBit acquires rival crypto accounting platform Tactic
TaxBit, a crypto tax and accounting software provider, has acquired rival Tactic to expand its offerings. The acquisition, TaxBit’s first, will help expand its existing corporate accountin...
Vauld gets creditor protection until Feb. 28 — shorter than requested
Troubled Asian crypto lender Vauld has received a further extension to its legal protection from creditors — albeit a shorter delay than requested. The company now has until Feb. 28 to explore o...
Nexo sees withdrawals of $158 million in day after Bulgaria raid
Crypto lender Nexo has seen withdrawals worth more than $158 million in the last 24 hours after Bulgarian authorities raided its offices. Nexo had 133,263 BTC (around $2.5 billion) in customer l...
Vauld rejects Nexo’s ‘final’ acquisition proposal, questions company’s solvency
Troubled crypto lender Vauld and its committee of creditors (COC) rejected rival Nexo’s “final” acquisition proposal due to concerns about Nexo’s financial health and others is...
Polygon co-founder launches web3 startup accelerator Beacon
Sandeep Nailwal, co-founder of Polygon and Symbolic Capital, has launched a web3 startup accelerator. Called Beacon, the New York City-based accelerator said it will support early-stage crypto p...
Bitcoin’s price back to $17,000
After collapsing in the first decade of November, Bitcoin’s price is now back around the $17,000 mark. Truth be told, this threshold had already been crossed twice since the yearly low peak on 10 Nov...
Level Field Partners with Crypto Quote to Provide Traders with Digital Currency Analytics
Financial services firm Level Field Financial is partnering with a company called Crypto Quote. Its purpose? To bring traditional finance and digital currency together and provide traders and investor...
Sam Bankman-Fried Says He Won’t Spend $1B on Political Races—Despite ‘Dumb Quote’
FTX CEO and crypto billionaire Sam Bankman-Fried made the bold claim in May that he expected to spend up to, or beyond, $1 billion in political donations in the run-up to the 2024 United States presid...
Federico Clapis: “my NFT quote has risen to $200k”
Since he entered in the crypto world in 2017 by creating a partnership with the Swiss crypto company called Eidoo, Federico Clapis has certainly come a long way in the industry, especially since he de...