SEC Fines BlockFi $100 Million For Offering Simple Crypto Yields
The SEC fined BlockFi $100mm for offering simple accounts with high yields on crypto. What does this mean for current account holders and…
February 15, 2022
Latest News
Evmos: What to know about the “Rektdrop”
Evmos, Cosmos, and Blockchain Scaling If you care about blockchain scaling and modularity, Evmos is one of the most exciting new Cosmos ecosystem projects to watch. Scaling is one of the key issues surrounding the future of crypto and mass adoption. In contrast to Ethereum’s rollup-centric scaling strategy, the Cosmos ecosystem has an alternative approach
February 14, 2022
First DAO & Sporting Partnership
A big announcement recently was the Washington Nationals (MLB) officially partnering with Terra. Marking this deal the first Major Sports Franchise to partner with a DAO (Decentralized Autonomous Organization). This is a pretty big deal for Terra ($LUNA) as the partnership brings public visibility to the DAO. It also looks to bring the Terra stablecoin, UST, as
February 13, 2022
The Crypto Bowl
Pro Sports and Crypto partnerships continue to be an indicator of longterm growth even in volatile market conditions. As the market has continued to bounce up and down, one important narrative in the short term to look at is Crypto.com, Binance, FTX and other Crypto companies have laid out the most capital investment ever for
February 11, 2022
Wormhole Bridge Hacked for $325 Million
Wormhole Bridge protocol was hacked for $325 million in one of the largest crypto hacks ever. What is a bridge and how was it exploited to…
February 10, 2022
Stacks Co-Founder Muneeb Ali Launches New Company
In a surprise Twitter announcement, Muneeb Ali announced the creation of a new development company Trust Machines. Muneeb was previously the CEO of Hiro Systems, creating developer tools for building dApps on the Stacks blockchain. He has transitioned to an Executive Chairman role at Hiro. Muneeb’s new venture is focused on developing applications on both
February 9, 2022
$3.6 Billion in Stolen Bitfinex Bitcoins Recovered From Unlikely Source
On Tuesday morning, United States authorities apprehended husband and wife pair Ilya Lichtenstein and Heather Morgan. The two are jointly charged with conspiracy to commit money laundering and conspiracy to defraud the United States, for the heist of 120,000 bitcoins from cryptocurrency exchange Bitfinex in 2016. Around 94,000 ($3.6 billion USD) of the Bitfinex bitcoins
February 8, 2022
Valkyrie Bitcoin Miner ETF (WGMI) Secured
The SEC approved Valkyrie’s newest bitcoin mining ETF, WMGI, making it the firms third bitcoin ETF. Why not just own BTC?
February 8, 2022
Facebook Introduces ‘Personal Boundaries’ After Virtual Sexual Assault Allegation
Facebook’s Horizon Worlds added a new personal boundary feature after an alleged sexual assault occurred in the game. What does…
February 7, 2022
The Neo Tokyo Meta Tournament: Round 2
The Neo Tokyo Meta Tournament: Round 2 streamed on the TwitchTV homepage on February 5th, 2022. Qualifiers were held on Feb 4th, reducing the field of thousands down to 100 players for the finals. The Meta Tournament’s second of three rounds featured the popular battle royal game PlayerUnknown’s Battlegrounds, and was exclusively for Neo Tokyo
February 4, 2022
Crypto News Update January 2022
A refresher on all the big crypto news you may have missed in January.
February 3, 2022
Omar “Michael Patryn” Dhanani sends Millions to Tornado Swap Days After Getting Voted Off Wonderland DAO
Omar Dhanani, aka Michael Patryn aka OxSifu, sent 2,000 Eth through tornado cash just days after being voted off Wonderland DAO.
February 2, 2022
The US Digital Dollar
The Federal Reserve’s discussion paper on the Digital Dollar, and coverage on global CBDC developments.
February 1, 2022
DAO Future Uncertain After Wonderland Wind Down Vote Fails
This article is part of a series covering the Wonderland situation. See prior coverage here. Daniele Sestagalli, founder of Wonderland Money, recently made a proposal to the Wonderland DAO, proposing to wind down the protocol and distribute its treasury to wMEMO holders. The proposal (snapshot voting here) was bitterly debated and the DAO vote was
January 31, 2022
SEC Continues Denial of Bitcoin Spot ETF with Latest Fidelity Rejection
The SEC continues its string of rejections of Spot Bitcoin ETFs with its latest decision to deny Fidelity from launching. Why is the SEC…
January 30, 2022
Time For Wonderland To Be A Memory
Wonderland is voting to dissolve the protocol after a series of controversies around Frog Nation’s leader Daniele Sesta & CFO Omar Dhanani…
January 29, 2022
Carpe Diem: The Demise of Facebook’s Stablecoin
Meta, previously known as Facebook, unveiled its plans in 2019 to launch a cryptocurrency targeted at the unbanked. After two and a half years of controversy and regulatory pressure, that project, Diem, appears to be unraveling. Let’s dive into what happened to Diem, and what this tells us about the regulatory environment surrounding crypto and
January 28, 2022
Sifu Doxxed – Wonderland CFO Revealed As Convicted Conman Omar Dhanani
If you’ve been following the Wonderland drama over the last few days (read Part 1 and Part 2 for background), you may have expected that anything could happen. What you probably didn’t expect is what actually happened – Wonderland’s treasury manager Sifu was doxxed as convicted conman Omar Dhanani, aka Michael Patryn. But that’s not
January 27, 2022