The recent collapse of FTX, one of the industry’s largest and most trusted crypto exchanges, has opened the debate for setting standards to prove solvency in centralized exchanges. Since the...
After months of feverish anticipation, Arbitrum is finally ready to airdrop a native token—ARB. Here’s what you need to know. Airdrop Claimable by March 23 The Arbitrum community is rejoicing....
House Majority Whip Questions FDIC Over Crypto Banking “Purge”
Rep. Tom Emmer sent a letter sharply questioning FDIC Chairman Gruenberg following reports that federal regulators were attempting to cut off the crypto industry from the banking sector. A Lazy...
Only a month after halting U.S. dollar bank transfers, Binance is now being forced to cease processing British pound deposits and withdrawals as well. Only 1% of Users Impacted Crypto...
Project Spotlight
NFT Project Spotlight: Hume’s Music NFT Metastars
August 27, 2022
NFT Project Spotlight: Society of the Hourglass and Its Kid-Friendly Cartoons
August 2, 2022
DeFi Project Spotlight: Euler Finance, the Next-Generation Money Market
July 18, 2022
NFT Project Spotlight: fxhash, the Tezos-Based Generative Art Platform
June 11, 2022
DeFi Project Spotlight: Frax Finance, a Sweet Spot for Stablecoins
June 4, 2022
NFT Project Spotlight: Ember Sword, the NFT-Driven MMORPG
After breaking its peg over the weekend and trading as low as $0.87, Circle’s USDC stablecoin is now at $1 again. 1 USDC for $0.87 All eyes are on USDC...
Yesports Launches the Largest Esports Marketplace for Gaming Expansion into Web3
Yesports announces the launch of its premier esports marketplace, opening with a Debut Trading Competition to kickstart the action with its global community. Joined by more than 40 web3 gaming...
Silicon Valley Bank Closed Down, Regional Bank Stocks Trading Halted
Silicon Valley Bank, the 18th largest bank in the U.S. by total assets, was closed down by regulators today after it suffered a bank run. Biggest Bank Failure Since the...
Silvergate Bank is winding down operations, but it assured that all customer deposits would be fully repaid. Traditional Banking Risks Another pillar of the crypto industry has succumbed. Silvergate Capital...
U.S. Government Moves $1B of Seized Silk Road BTC, Prompting Liquidation Fears
The DOJ may have sent some of the seized Silk Road funds to Coinbase, but that doesn’t mean they’re about to liquidate. $1.08 Billion in BTC It appears that some...
CryptoWallet.com Among Minority of Successful Companies to Renew Coveted Estonian License
Estonia-based crypto startup CryptoWallet.com has become one of the first crypto companies to receive a stamp of approval from Estonia’s Financial Intelligence Unit (FIU). CryptoWallet.com renewed its crypto license despite...
Powell Warns Fed Could Get Aggressive With Rates Hikes Again
Persistent signs of inflation are forcing the Federal Reserve to contemplate more aggressive rate hikes. Higher and Faster The Fed may not have tamed inflation just yet. Federal Reserve Chair...
The crypto industry may be suffering from a regulatory crackdown in the U.S., but that’s not preventing Kraken from seeking to launch its own bank. Kraken Bank The current regulatory...
Coinbase Halts Payments With Crypto Friendly Bank Silvergate
Silvergate Bank is still suffering from the aftermath of the FTX collapse; it admitted to the SEC yesterday that it was uncertain about its ability to continue operating. Silvergate’s Insolvency...
FTX’s chief engineer, Nishad Singh, was hit with lawsuits from both the SEC and the CFTC shortly after pleading guilty to six criminal charges yesterday. Aiding and Abetting Fraud Another...
Ordinals hype is spreading—and NFT giant Yuga Labs wants in on the action. The studio is now looking to launch a generative art collection on Bitcoin. A Departure From What’s...
