Search
Circle: USDC Is a Dollar With Superpowers Circle: USDC Is a Dollar With Superpowers
Arizona Legislators Push For Tax-Free Crypto Arizona Legislators Push For Tax-Free Crypto
Blockstream Raises $125M as Bitcoin Mining Stabilizes Blockstream Raises $125M as Bitcoin Mining Stabilizes
Bank of America Bullish on Digital Currencies Bank of America Bullish on Digital Currencies
🔗 Blockchain
Circle: USDC Is a Dollar With Superpowers Circle: USDC Is a Dollar With Superpowers By Gabriel Negrin on Jan 26, 2023. 1 min read.   Every creator thinks their creation is the best — and Circle, the USD Coin (USDC) issu...
Arizona Legislators Push For Tax-Free Crypto Arizona Legislators Push For Tax-Free Crypto Jan 26, 2023. 1 min read.
Blockstream Raises $125M as Bitcoin Mining Stabilizes Blockstream Raises $125M as Bitcoin Mining Stabilizes Jan 26, 2023. 1 min read.
🚀 Featured
Events That Shook Crypto in 2022 Events That Shook Crypto in 2022 By Olumide Adesina on Dec 28, 2022. 5 mins read.   The year 2022 was difficult for the cryptocurrency market, with one of the worst bear markets ever recorded and the demise of several significant platforms. The pandemic's effects are starting to be felt by the world economy, and it is obvious that this has affected the cryptocurrency sector. “ Crypto winter” is the industry term for the chill that descende...

🔥 Trending

Bank of America Bullish on Digital Currencies 1 min read.
Nexo Settles Fines with Regulators 1 min read.
Crypto Lender Genesis Files for Bankruptcy 1 min read.
ETH Annual CO2 Usage Drops 99.99% 2 mins read.
Blockstream Raises $125M as Bitcoin Mining Stabilizes 1 min read.
web3
Mastercard Supports Artists in Web3 Mastercard Supports Artists in Web3 Jan 10, 2023. 1 min read.
Top Metaverse Projects in 2023 Top Metaverse Projects in 2023 Jan 10, 2023. 4 mins read.
Fidelity Files Trademarks for Metaverse Fidelity Files Trademarks for Metaverse Jan 03, 2023. 1 min read.
Why We Are Value Creators, NOT Influencers Why We Are Value Creators, NOT Influencers Dec 22, 2022. 3 mins read.
Learn Crypto
LEARN CRYPTO | Web3 and Decentralized Finance LEARN CRYPTO | Web3 and Decentralized Finance Nov 12, 2022. 5 mins read.
LEARN CRYPTO | What is Cryptocurrency?
LEARN CRYPTO | The Evolution of Web1 to Web3
LEARN CRYPTO | Welcome to Web3
Videos

🎧 Podcasts

Recent Articles

Bank of America Bullish on Digital Currencies By Olumide Adesina on Jan 26, 2023. 1 min read.
  Bank of America made a bold prediction: digital currencies seem inevitable. Is the future of digital banking tokenized and on the blockchain? It seems so, but there is a caveat. Bank of America's global research team recently released a report in which they study cryptocurrencies, digital assets, and central bank digital currencies. The report is quite clear about the ...
Bank of America Bullish on Digital Currencies
Two Thirds of Retail Investors Unfazed by Bear Market By Gabriel Negrin on Jan 23, 2023. 1 min read.
  2023 is here, and despite all the bearish events, expectations are high. According to eToro's Retail Investor Beat report, most retail investors feel indifferent or directly upbeat about the recession. Is this a sign that the worst is over? Let's see. In this annual report, eToro seeks to understand where retail investors stand. According to data collected by eToro, tw...
Two Thirds of Retail Investors Unfazed by Bear Market
ETH Annual CO2 Usage Drops 99.99% By Gabriel Negrin on Jan 23, 2023. 2 mins read.
  The energy consumption of cryptocurrencies continues to pose a problem for many. But what if one of the most significant projects on the market reduced almost 100% of its consumption in a matter of months? Well, that's just what happened with Ethereum post-merge. Ethereum reduced CO2 emissions from 21.95M tons to 8.82 tons. The Merge, after all, was a significant change...
ETH Annual CO2 Usage Drops 99.99%
Nexo Settles Fines with Regulators By Olumide Adesina on Jan 20, 2023. 1 min read.
  Genesis Global is the latest cryptocurrency lender to declare bankruptcy following the demise of FTX. Its estimated liabilities range from $1 billion to $10 billion. Genesis stated in a news release dated Jan. 19 that it has been in talks with its creditors' advisors and corporate parent Digital Currency Group (DCG) to determine the best course for asset preservation an...
Nexo Settles Fines with Regulators
Crypto Lender Genesis Files for Bankruptcy By Olumide Adesina on Jan 20, 2023. 1 min read.
  Genesis Global is the latest cryptocurrency lender to declare bankruptcy following the demise of FTX. Its estimated liabilities range from $1 billion to $10 billion. Genesis stated in a news release dated Jan. 19 that it has been in talks with its creditors' advisors and corporate parent Digital Currency Group (DCG) to determine the best course for asset preservation an...
Crypto Lender Genesis Files for Bankruptcy
Monex Seeks to Purchase FTX Japan By Olumide Adesina on Jan 17, 2023. 1 min read.
  Monex Group, an online brokerage company based in Tokyo, took an interest in FTX Japan, one of the four assets put up for sale by FTX. Monex CEO Oki Matsumoto stated that they are interested and that it will be a "really beneficial thing" for them if there is less rivalry in the local market. The Japanese cryptocurrency industry, according to Matsumoto, has a lot of pr...
Monex Seeks to Purchase FTX Japan
3AC Founders Funding $25M for New CEX By Olumide Adesina on Jan 17, 2023. 1 min read.
  Su Zhu and Kyle Davies, the co-founders of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), are apparently attempting to gather money for a new crypto exchange in collaboration with Mark Lamb and Sudhu Arumugam, the co-founders of Coinflex. They want to raise $25 million, according to the pitch deck. According to the presentation, the new exchange bein...
3AC Founders Funding $25M for New CEX
Binance Offers Businesses Cold Crypto Storage By Olumide Adesina on Jan 17, 2023. 1 min read.
  Binance is adding cold-custody options to its institutional trading services in response to the problem facing centralized cryptocurrency exchanges The official launch of Binance Mirror, an off-exchange settlement solution that enables institutional investors to invest and trade via cold custody, was announced by Binance on January 16. The recently released Mirror ser...
Binance Offers Businesses Cold Crypto Storage
FTX Has Recovered +$5B In Assets By Gabriel Negrin on Jan 17, 2023. 1 min read.
  A new development in the FTX saga provides a light at the end of the tunnel. A bankruptcy attorney for the company announced Wednesday at a hearing that they had recovered more than $5 billion in assets. This amount does not include the $425M withheld by the Bahamas Securities Commission. Adam Landis, an attorney with Sullivan & Cromwell, appears to be the bearer o...
FTX Has Recovered +$5B In Assets
65% of USDC Reserve Held in U.S. Treasury Bills By Gabriel Negrin on Jan 17, 2023. 1 min read.
  Circle and its USD Coin are doing their best to gain the general public's trust. According to the latest report, by the end of November, $43.23B were USDC in circulation. Circle claims to have $43.B in reserve backing. What's impressive about this? 65% of this reserve fund is held in U.S. Treasury bills.  We must go back in time a bit to understand the whole situa...
65% of USDC Reserve Held in U.S. Treasury Bills
Gemini Cuts Crypto Earn + Wants Silbert to Resign By Olumide Adesina on Jan 17, 2023. 1 min read.
Gemini has terminated its flagship Earn program as part of its ongoing public spat with cryptocurrency lender Genesis. The American-based crypto exchange said it was winding up the plan to get Genesis to pay back the $900 million it owes Gemini customers in an email addressed to customers on Tuesday  "We are writing to inform you that the Master Loan Agreement (MLA) betwe...
Gemini Cuts Crypto Earn + Wants Silbert to Resign
Ethereum Shanghai Public Test-Net Launching in February By Olumide Adesina on Jan 10, 2023. 1 min read.
  Ethereum developers continue their hustle and bustle. After much deliberation, they decided on a date for the release of Shanghai Testnet, the next major update. So, mark your calendars — late February will be a big deal for Ethereum. The Shanghai Update is the most important event for Ethereum since The Merge last September. And these two events are related. Wit...
Ethereum Shanghai Public Test-Net Launching in February
Mango Markets Hacker Charged by CFTC By Olumide Adesina on Jan 10, 2023. 2 mins read.
  The Commodity Futures Trading Commission charged Avraham Eisenberg with stealing over $110 million in digital assets by manipulating the Mango Markets decentralized exchange. The Department of Justice charged Eisenberg with the October 11, 2022 hack a week prior to the release of this information. The CTFC stated in its complaint that the purpose of the defendant's pla...
Mango Markets Hacker Charged by CFTC
DOJ Arrests Mutant Ape Planet Founder Over $3M Rug Pull By Olumide Adesina on Jan 07, 2023. 1 min read.
  The creator of Mutant Ape Planet, a Mutant Ape Yacht Club knockoff line, was detained in New York and accused of using a "rug pull scheme" to cheat investors out of nearly $3 million. The press release from the Department of Justice disclosed that the arrest occurred on January 4 at John F. Kennedy International Airport in New York. He claimed that French national Aure...
DOJ Arrests Mutant Ape Planet Founder Over $3M Rug Pull
Genesis Lays Off One Third of Staff By Olumide Adesina on Jan 07, 2023. 1 min read.
  Genesis has cut 30% of its employees in less than six months following a downturn that has prompted leaders in the industry to cut expenses. Numerous businesses have been harmed by investors' declining interest in cryptocurrencies after the major exchange, FTX, blew up in September. A 40% employment reduction was announced earlier on Thursday by Silvergate Capital Corp...
Genesis Lays Off One Third of Staff
Three Arrows Capital Founders Subpoenaed on Twitter By Olumide Adesina on Jan 07, 2023. 1 min read.
  Three Arrows Capital (3AC), the now-defunct cryptocurrency hedge fund, was served with subpoenas through Twitter. Although it is uncommon, serving subpoenas on Twitter has happened before, like when Wikileaks was served on the platform in 2018. The founders of Three Arrows Capital (3AC), Su Zhu and Kyle Davies are rumored to have been difficult to get in touch with dur...
Three Arrows Capital Founders Subpoenaed on Twitter
SEC Objects to Binance.US Acquisition of Voyager By Olumide Adesina on Jan 07, 2023. 1 min read.
Binance has received a "limited objection" from the Securities and Exchange Commission of the United States (SEC). The planned $1 billion acquisition of insolvent cryptocurrency lender Voyager Digital, was rejected by regulators due to a lack of "sufficient information." SEC submitted a limited objection, citing a lack of information surrounding Binance US's ability to finance...
SEC Objects to Binance.US Acquisition of Voyager
Coinbase Settles with NY Regulators for $100M By Olumide Adesina on Jan 04, 2023. 1 min read.
Regulators fined Coinbase $50 million after discovering that users could open accounts without reasonable background checks, violating anti-money laundering laws.In addition to investing $50 million to strengthen its compliance program, which is intended to deter drug dealers, child pornographers, and other potential lawbreakers from opening accounts with the exchange, followin...
Coinbase Settles with NY Regulators for $100M
U.S. Regulators Warn Banks on Crypto By Olumide Adesina on Jan 04, 2023. 1 min read.
  The Federal Reserve, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corp. spotlighted weaknesses they identified in the cryptocurrency sector in a joint statement and reminded banks of their safety and soundness obligations. Even though the statement acknowledged that banks aren't prohibited from doing business with firms that operate ...
U.S. Regulators Warn Banks on Crypto
Largest Crypto Hacks In 2022 By Olumide Adesina on Dec 29, 2022. 3 mins read.
  This year is widely regarded as the worst year ever for Crypto thefts, as severe cyberattacks and exploits were used against cryptocurrency-based protocols  According to Chainalysis research, the frequency of cryptocurrency breaches increased significantly this year, surpassing a record $3 billion in total funds lost – a jump from $2 billion lost to hackers ...
Largest Crypto Hacks In 2022
SBF’s Hedge Fund Caught Moving $2M In Crypto By Olumide Adesina on Dec 29, 2022. 2 mins read.
Wallets connected to Alameda Research, the defunct trading company founded by FTX founder Sam Bankman-Fried, are still moving cryptocurrency funds around and employing coin mixers to hide transactions. The wallets were observed exchanging unknown tokens for Bitcoin, Ethereum, and Tether on Wednesday, the top two cryptocurrencies by market capitalization. Cryptocurrency worth m...
SBF’s Hedge Fund Caught Moving $2M In Crypto
BitKeep Wallets Hacked with Un-Official App By Olumide Adesina on Dec 28, 2022. 1 min read.
  BitKeep, the most well-known digital asset wallet in Asia with over six million users, was compromised for a total of almost $8 million worth of various tokens. Nearly 4373 $BNB, 5.4 million $USDT, 196k $DAI, and 1233.21 $ETH were among the stolen assets, said PeckShield, a blockchain security, and data analytics firm. In order to make sure there are no other security ...
BitKeep Wallets Hacked with Un-Official App
BAYC Premieres Jimmy the Monkey Short Film By Gabriel Negrin on Dec 23, 2022. 1 min read.
  Bored Ape Yacht Club (BAYC) continues to gallop in the NFT market despite the bear market. Last Dec. 21, Yuga Labs announced BAYC's new lore update: meet The Trial Of Jimmy The Monkey.  The Trial Of Jimmy The Monkey is a short film that starts a new chapter of BAYC's story. The film begins with Jimmy, the BAYC monkey, and Curtis, the mascot of the famous NFT colle...
BAYC Premieres Jimmy the Monkey Short Film
SBF Extradited U.S. from Bahamas By Gabriel Negrin on Dec 22, 2022. 1 min read.
  Former FTX CEO Sam Bankman-Fried agreed on December 20 to be extradited to the U.S. If so, he would face the charges against him. In a quick turn of events, SBF will be deported today, December 21, less than 24 hours after accepting extradition. The infamous FTX founder signed papers to waive extradition from the Bahamas. This came shortly after he hesitated over this ...
SBF Extradited U.S. from Bahamas
BlockFi Seeks Unlocking Users Accounts By Olumide Adesina on Dec 22, 2022. 1 min read.
  BlockFi filed a bankruptcy petition with a U.S. court to permit select clients to withdraw cryptocurrency from their secured BlockFi wallets. The corporation claimed that BlockFi International Ltd, the company's non-U.S. counterpart, had submitted a comparable plea to the Supreme Court of Bermuda. On Nov. 10, BlockFi put a freeze on customer withdrawals, and two weeks ...
BlockFi Seeks Unlocking Users Accounts
Uniswap Adds Debit & Credit with MoonPay By Olumide Adesina on Dec 21, 2022. 1 min read.
  Uniswap has partnered with fintech company Moonpay to offer debit cards, credit cards, and bank transfers as a method of purchasing cryptocurrency on its web app Now, users in most U.S. states, Brazil, the UK, and the Single Euro Payments Area (SEPA) can use bank transfers. Uniswap disclosed that its users will soon be able to convert money to cryptocurrencies on the ...
Uniswap Adds Debit & Credit with MoonPay
xSPECTAR Agents, You Have Been Summoned By on Dec 20, 2022. 3 mins read.
Written by Holly Moore The community of xSPECTAR agents is rapidly growing.  On the heels of an overwhelmingly successful NFT pre-sale, xSPECTAR launched into their official NFT minting on 09 December 2022.  This freed up 8,888 tokens for each participant from the pre-mint stage.   Now, xSPECTAR calls upon your wit and enthusiasm to keep the xSPECTAR and X...
xSPECTAR Agents, You Have Been Summoned
Binance US Accepts To Buy Voyager's Assets $1Billion+ By Olumide Adesina on Dec 19, 2022. 1 min read.
Voyager Digital, which filed for bankruptcy in April, announced on Monday that it was selling its assets to Binance U.S. The highest and best offer was $1.022 billion, according to the bankruptcy code. A statement from Voyager, disclosed the amount represents the fair market worth of the company's assets at current pricing plus $20 million in additional value. After the lende...
Binance US Accepts To Buy Voyager's Assets $1Billion+
Amber Group Raises $300M After Cancelling Chelsea FC Deal By Olumide Adesina on Dec 17, 2022. 1 min read.
  As the collapse of FTX rocks the crypto community, the Sequoia and Temasek-backed Amber Group, a crypto trading company, has concluded a massive $300 million Series C fundraising round.  The revelation, which the Singapore-based company shared on Twitter, comes shortly after a Bloomberg report that said the cryptocurrency dealer had canceled a sponsorship agreemen...
Amber Group Raises $300M After Cancelling Chelsea FC Deal
FTX To Sell LedgerX By Olumide Adesina on Dec 16, 2022. 1 min read.
  FTX's new stewards are keen to sell four connected companies, including its Japanese and European operations, as the company enters the second month in bankruptcy. FTX is requesting authorization to begin bids for LedgerX, a cryptocurrency derivatives exchange, and Embed, a clearing broker-dealer, along with FTX Japan and FTX Europe, in a petition filed in Delaware on ...
FTX To Sell LedgerX
MetaMask Now Using Ethereum with PayPal By Olumide Adesina on Dec 16, 2022. 1 min read.
Users of MetaMask can now buy and transfer Ether thanks to a partnership between MetaMask's parent firm ConsenSys and the digital payments platform PayPal. The service will initially only be available to a limited number of American PayPal users, given the US is one of MetaMask's main user markets, according to the announcement made on December 14. Customers can purchase and ...
MetaMask Now Using Ethereum with PayPal
Senator Warren Presents a Bill For Crypto AML By Gabriel Negrin on Dec 14, 2022. 1 min read.
  Senator Elizabeth Warren is not so fond of cryptocurrencies; today, she proved it again. Earlier today, the Democratic senator for Massachusetts introduced a bipartisan proposal for AML (Anti-Money Laundering) in the crypto industry.   Sen. Warren and Kansas Republican Sen. Robert Marshall proposed to battle the money laundering occurring with cryptocurrencies to...
Senator Warren Presents a Bill For Crypto AML
We Work With
Bitcoin2023 Miami
Unstoppable Domains
MMAI
Benzinga
xSPECTAR