Genesis Unlikely to Meet Gemini’s Deadline as CEO Says It Needs ‘Additional Time’ to Sort Liquidity Issues
Derar Islim said in a letter to its investors that the firm’s financial woes are “a very complex process.”... Read more.
U.S. Regulators Warn Banks Against Using Crypto, Claim It’s Not ‘Safe and Sound’
Three U.S. regulators issued a statement describing the risks associated with having exposure to the cryptocurrency industry.... Read more.
Coinbase CLO ‘Grateful’ for $100M Settlement with NY over Compliance Failures
Paul Grewal said on Twitter that Coinbase “never shied away from working with regulators.”... Read more.
Cardano (ADA) Overtakes Ethereum (ETH) as Protocol with Most Development Activity in 2022
A report by Santiment ranked Cardano first in terms of development activity, above Ethereum and other popular blockchains.... Read more.
Who Are Cameron Winklevoss and Barry Silbert? Gemini and DCG Conflict Explained
Winklevoss and Silbert publicly went at each other yesterday on Twitter. What was the cause of their sudden conflict?... Read more.
Gemini’s C. Winklevoss Issues Ultimatum to DCG CEO B. Silbert, Says DCG and Genesis Are ‘Beyond Commingled’
Winklevoss claims that Digital Currency Group CEO Silbert has been engaging in “bad faith stall tactics”.... Read more.
SushiSwap (SUSHI) CEO Introduces New SUSHI Tokenomics: What Does It Mean for Investors?
The newly redesigned SUSHI tokenomics aims to provide a “long-term value for token holders and liquidity providers.”... Read more.
The Great Solana (SOL) Migration: Why is Solana Dropping and Why Are Projects Moving to Other Chains?
Some Solana projects are going cross-chain or leaving the blockchain. It’s perhaps related to Sam Bankman-Fried’s influence on the blockchain.... Read more.
Mango Markets Exploiter Arrested in Puerto Rico, Charged with Market Manipulation and Fraud
Avraham Eisenberg left the U.S. and went to Israel a day after exploiting Mango Markets for $110 million.... Read more.
Fidelity Plans to Launch NFT Marketplace and Offer Crypto Services in Metaverse
The investment giant submitted three trademark applications covering a wide range of possible services it might offer in the metaverse.... Read more.