Category: Uncategorized

FTX Plans to Restart Crypto Exchange for International Customers
Proposed re-organization plan provides a pathway for a specific class of debtors to pool assets to create a new, offshore exchange.

First Mover Asia: BTC, ETH Stable While COMP and AAVE in the Red
Curve Founder Michael Egorov’s $168M in holdings is under stress, imperiling DeFi as a whole. PLUS: The Litecoin Foundation and crypto cold-storage card manufacturer Ballet HAVE teased a sale of 500 collectable cards – fashioned from 50 grams of fine silver.

Etihad Airways 'Horizon Club' Web3 Loyalty Program Will Let You Stake NFTs for Miles
Holders of its EY-ZERO1 NFT collection will be able to lock up their assets to earn Etihad miles that can be redeeed on real-world flights and upgrades.

Bitcoin Lingers Near .2K, as Investors Mull Latest Industry Woes; CRV Sinks 12.5%

Nomura Backs M Round for On-Chain Fund Platform Solv Protocol
The Singapore-based startup offers an on-chain fund platform that allows institutions and venture capitalists to create, use and sell financial products.

IRS: Crypto Staking Rewards Taxable Once Investor Gets Hands on Tokens
A cryptocurrency investor rewarded assets for validation activity on a proof-of-stake network should count the rewards as income in the year the investor gets control of those tokens, according to a ruling issued Monday by the Internal Revenue Service (IRS).

Curve Founder’s 8M Stash Is Under Stress, Creating a Risk for DeFi as a Whole
Curve CEO Michael Egorov pledged 34% of CRV’s total market cap to back loans across DeFi protocols. A forced liquidation would result in selling at a time when prices are already falling.

Yuga Labs Acquiring Roar Studios to Accelerate 'Bold Vision' for Otherside
The Roar team will “contribute their innovative technology, specialized expertise and leadership” to Yuga Labs as it continues its ambitious growth plans for Otherside.

DeSantis Accuses Biden of 'War on Bitcoin,' Vows to Stop It if Elected President
Presidential candidate and Florida Governor Ron DeSantis (R-Fla.) called out the Biden Administration for its “war” on bitcoin and cryptocurrencies and said that he will end it should he become President.

As Litecoin Halving Approaches, Founder Touts Silver Collector Cards Loaded With 'Digital Silver'
Litecoin’s third “halving event” – a programmed 50% reduction in the pace of new issuance of the cryptocurrency – is expected on Wednesday.