Category: Uncategorized

Venture Capital Firm a16z Unloads M of MKR Tokens as Price Soars
Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the transactions.

DeFi Headed Toward a ‘Major Resurgence,’ Tribe Capital’s Boris Revsin Says
The managing partner of the $1.6 billion investment firm says infrastructure is the key to turning crypto into a $10 trillion industry.

Bridge Protocol LayerZero Passes 50M Cross-Chain Messages
The milestone highlights the demand for crypto users to transfer liquidity between chains and conduct cross-chain token swaps.

Crypto Firm Flashbots Raises M in Paradigm-Led Round
The new capital will help develop the SUAVE decentralized platform for maximal extractable value (MEV).

U.S. DOJ Needs 6-8 Weeks to Process Evidence Against Alex Mashinsky, Attorneys Tell Judge
The U.S. Department of Justice (DOJ) asked a federal judge for six to eight weeks to produce evidence for its case against Alex Mashinsky, the founder and former CEO of crypto lender Celsius.

Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

How Bitcoin Miners Can Stay Clear of SEC Scrutiny (and Fall Foul of It)
Regulators view Bitcoin and other proof-of-work cryptocurrencies as commodities. But mining firms can still trip over securities regulations if they’re not careful. This story is part of CoinDesk’s Mining Week.

Crypto Exchange KuCoin to 'Adjust Some Personnel as Needed', but Denies Report of Major Layoffs
A report circulated on Twitter on Tuesday that the exchange plans to eliminate 30% of its workforce amid declining profit.

Riot Platforms at the Heart of Texas' Debate Over Bitcoin Mining’s Effect on the Grid
The world’s biggest bitcoin mine has drawn the ire of some local residents concerned with Bitcoin’s community impact.

Overheard at EthCC — Is Crypto Back, Boosted by Artificial Intelligence?
The intersection of AI and crypto has everyone riled up, but there is little agreement on what is its best iteration.