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Crypto News
Sam Bankman-Fried Will Remain in Jail Through the Start of His Trial
An appeals court rejected his attorneys’ attempt to free him in the run-up to the trial.
A $27M Crypto Loss Reveals a Toxic Mix of Money-Hungry Traders and DAO Idealists
It wasn't only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just wanted their share of the project's…
Nouns DAO’s $27M Revolt Reveals Toxic Mix of Money-Hungry Traders and Blockchain Idealists
It wasn't only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just wanted their share of the project's…
Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto…
BTC slid to $26,500 as interest rates and the U.S. dollar surged while equities declined.
Judge Blocks Sam Bankman-Fried’s Proposed Witnesses From Testifying
Judge Lewis Kaplan, who's overseeing Sam Bankman-Fried's trial, granted the U.S. Department of Justice's motion to block all of the FTX founder's proposed witnesses from testifying at his trial next month.
NFTs Aren’t Dead Just Yet (But the MSM Might Be)
The success of a recent post from Rolling Stone calling NFTs worthless struck a nerve. But the reality is more complicated and more hopeful.
‘You Can Do Nothing’: Crypto Trading Titans Are Yelling at Each Other on Elon Musk’s X
“I never thought that you could be THAT scared of us,” DWF’s Andrei Grachev posted on X. Wintermute’s Evgeny Gaevoy: “We are trembling in your presence.”
Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress
Former U.S. Sen. Pat Toomey, who tried and failed to push his own crypto legislation through Congress before leaving at the start of the year, can’t see how the current Senate will have any better luck, despite recent progress in the House…
Polygon Emerges as Suitor for Celo’s New Layer-2 Blockchain, Competing With OP Stack
Celo, which is ditching its standalone blockchain in favor of a new "layer-2" network atop Ethereum, had originally signaled plans to rely on Optimism's OP Stack, a similar customizable kit to Polygon's but using Optimism’s “optimistic”…