•The stock price of crypto exchange Coinbase hit a new all-time low of $40.61 Monday, amid a market downturn. • Bitcoin and Ethereum—the two largest cryptocurrencies by market cap—also fell,...Read More
•Genesis Trading, a crypto industry stalwart, has warned that it may be facing bankruptcy after the suspension of its lending services and fruitless weekend fundraising efforts. • The company is...Read More
Who will get paid , who won’t TL:DR •FTX has filed for bankruptcy and will not be paying Sam Bankman-Fried or any of the recently fired execs, nor their family...Read More
Tether to Ethereum Chain Swap: What Does It Mean? •Tether says it is moving 1 billion USDT from Solana to Ethereum in a chain swap • The move comes after...Read More
•The U.S. Bankruptcy Court in the southern district of New York State approved a new filing deadline for those filing any claims against the former digital assets lender, Celsius. •...Read More
•Cryptocurrency exchange FTX said it owes $3.1 billion to its top 50 creditors, according to documents filed Saturday in Delaware bankruptcy court. • The filing did not disclose the names...Read More
•FTX filed for bankruptcy after Binance backed off from a potential acquisition deal. • A day later, reports started coming up that some of the SBF-founded exchange’s wallets were being...Read More
•The Decentraland DAO is considering pausing its grants program in order to reassess its structure. • The proposal cites concerns over the diversity of the DAO’s treasury holdings and a...Read More