Layer-2 Optimism (OP) Token Soars Amid Second Airdrop Speculation: Is Growth Sustainable?
OP has increased by over 150% since the start of the year, while the enormous activity on Optimism has crashed.... Read more.
MakerDAO (MKR) to Deploy $100 Million to DeFi Protocol Yearn Finance
The decentralized finance platform expects to earn around 2% annually on its deposit.... Read more.
Gemini Resorts to Third Wave of Job Cuts After DCG Meltdown
The exchange has reportedly laid off around 10% of its employees.... Read more.
Crypto Exchange Bitzlato Laundered $1 Billion Linked to Criminal Activities, Europol Says
Europol said that Bitzlato users were especially close to defunct darknet marketplace Hydra Market for drugs and stolen financial information.... Read more.
SEC Charges Mango Exploiter with Market Manipulation, Calls MNGO ‘Security’
The SEC said Avraham Eisenberg manipulated MNGO and stole $116 million from the decentralized exchange.... Read more.
Billionaire Peter Thiel’s Fund Sold All of Its Bitcoin Last Year
Thiel’s Founders Fund made $1.8 billion from selling its digital asset holdings back in March 2022.... Read more.
Crypto Twitter Makes Fun of DOJ’s ‘Major Action’ Against Obscure Russian Exchange Bitzlato
Users on Twitter were mocking the DOJ’s decision to go after a small crypto exchange and then bragging about it.... Read more.
ConsenSys Lays Off 11% of Workforce Amid ‘Uncertain Market Conditions’
CEO Joseph Lubin said that the current uncertainty in the market hasn’t been “greater over the last few decades.”... Read more.
Crypto Lender Genesis Is Preparing for Bankruptcy Filing
Genesis Global Capital might file for bankruptcy as soon as this week if it fails to raise enough cash.... Read more.
EU Delays Final Vote on MiCA Crypto Bill Again Due to Translation Issues
European Parliament members are expected to vote on the comprehensive crypto legislation in February 2023.... Read more.