Caroline Ellison Apologizes for Defrauding Customers, Says She ‘Knew It Was Wrong’
Former Alameda Research CEO said she agreed to “borrow several billion dollars from FTX” to repay the hedge fund’s loans.... Read more.
Crypto in 2023: 10 Things to Be Excited About in the Next 12 months
For crypto industry, 2022 was not exactly stable. But there are still reasons to be excited about next 12 months.... Read more.
Marshall Islands Legally Recognizes DAOs as Domestic Limited Liability Companies
The Decentralized Autonomous Organizations Act applies both to for-profit and nonprofit DAOs.... Read more.
SEC General Counsel Dan Berkovitz to Depart Agency After Reportedly Dining with SBF
Berkovitz will depart on January 31 and will be replaced by Megan Barbero, the current SEC Principal Deputy General Counsel.... Read more.
SBF’s $250M Bail Bond: How Does It Work and Who Paid It?
A bail bond doesn’t require any upfront payments, and SBF might end up not paying a penny for the bail.... Read more.
Retiring U.S. Senator Pat Toomey Introduces New Comprehensive Stablecoin Bill
The Republican Senator’s bill states that stablecoins aren’t securities or commodities, among other things.... Read more.
Polygon (MATIC) Introduces Last zkEVM Tesnet Before Launching Mainnet
The second zkEVM testnet will have the majority of the mainnet zkEVM features, including a novel way of using recursion.... Read more.
Uniswap (UNI) DAO Votes in Favor of New Governance Process
The first off-chain Snapshot vote will be replaced by a “Request for Comment” post, among other changes.... Read more.
Uniswap (UNI) to Allow Users to Buy Crypto with Debit Cards, Credit Cards, and Bank Accounts
Users will be able to purchase digital assets on Ethereum mainnet and layer 2 networks Polygon, Optimism, and Arbitrum.... Read more.
Bitcoin Miner Core Scientific Files for Bankruptcy, Continues Mining while Repaying Debt Holders
The company has received support from some of its note holders with debtor-in-possession (DIP) facilities of up to $75 million.... Read more.