Summary: The incubator dubbed Chiliz Labs will support early-stage web3 sports and entertainment projects that build on the company’s layer 1 blockchain launched in February. Investment company Jump Crypto backs…
Summary: FTX’s crypto derivatives exchange LedgerX instructed customers to make local wire transfers through Signature bank instead of the firm’s usual banking partner, Silvergate bank Bloomberg reported that LedgerX users…
Summary: Nishad Singh who served as FTX’s former director of engineering agreed to plead guilty to U.S. criminal charges on Tuesday. Reuters reported that Singh will plead guilty to one…
Summary: Ethereum’s Shanghai upgrade meant to enable the withdrawal of staked ETH was successfully tested on Sepolia, a public testnet. The test simulated two crucial upgrades – Shanghai on the…
A blue dot posted by Coinbase and shared across multiple projects on Thursday has fueled speculations in the crypto community. Last week, Coinbase officially announced the launch of its own…
As Ethereum’s Shanghai upgrade is well underway, all eyes are set on Ethereum’s largest staking pool – Lido, and its decision on whether to sell or stake its $30 million…
Crypto conglomerate Digital Currency Group (DCG) has posted a $1.1 billion loss for 2022. The company’s Q4 investor report blamed declining crypto prices and Genesis’ bankruptcy for the massive loss.…
By Dr. Andreas Freund (Co-Chair) on behalf of the EEA Community Projects L2 Standards Working Group We live in a multi-chain world, with billions of USD in asset value locked…
A report by Forbes found that Binance transferred nearly $1.8 billion worth of stablecoins collateral to hedge funds last year. The beneficiaries included Justin Sun, Cumberland, and Sam Bankman-Fried’s Alameda…
Summary: Coinbase said that the Binance-branded stablecoin BUSD does not meet the listing standards on the major crypto exchange. BUSD trading will be suspended on March 13, 2023, per an…
BitDAO’s Mantle Core recently submitted a proposal on the DeFi protocol’s governance forum. The proposal sought to establish a $200 million ecosystem fund to promote Mantle’s adoption. The fund’s capital…
Summary: Deposits into liquid staking protocols like Lido Finance grew to over $14 billion on Monday, as Ethereum’s upgrade for staked withdrawals draws nearer. Liquid staking now boasts crypto’s second-largest…
Defunct crypto lender Voyager Digital may be selling its crypto through Coinbase. On-chain data shows that the crypto lender has received 100 million USDC from Coinbase in the past three…
Lido Finance recently saw its largest daily stake inflow after Justin Sun staked 150,000 ETH. The Tron founder has since staked another 50,000 ETH, bringing the total to 200,000 stETH.…
NFT whale Machi Big Brother has sold a whopping 1010 NFTs on Blur over the past 48 hours. The sold NFTs include blue chip collections like Bored Ape Yacht Club…
