Newsroom

Crypto News

Fast coverage of the stories moving crypto markets.

A new class-action lawsuit targets YouTube influencers for promoting FTX

The suit was filed by Edwin Garrison against "FTX influencers" for their alleged role in the promotion of a massive crypto fraud totalling over $1 billion in damages.

3 years ago

DeFi MKR -7.64%

Maker passes first vote to increase U.S. Treasury bond holdings to $1.25B

An executive vote is required before the change is deployed to the DAI protocol.

3 years ago

Scams USDC +0.02%

Scam warning: Circle phishing campaign promises fake USDC DeFi swap

The scam attempts to capitalize on USDC's post-depeg recovery.

3 years ago

Analysis BTC -1.70%

Crypto market largely unaffected by ECB decision to hike rate by 50bps

The flagship cryptocurrency saw a slight sell-off in the hour following the ECB rate hike after briefly breaking $25,000 and was trading at $24,752.58, as of press time.

3 years ago

Stablecoins

Circle says substantially all USDC minting, redemption backlogs are resolved after wild week

“Trust, safety, and 1:1 redeemability of all USDC in circulation is of paramount importance to Circle," CEO Jeremey Allaire said.

3 years ago

Exchanges

Crypto exchanges registered in offshore locations are 70% of top 30

The most popular offshore financial centers for crypto exchanges are Seychelles, the Cayman Islands, and the British Virgin Islands.

3 years ago

Crime

Crypto investment fraud in the US hits record $2.57B – up 183% YoY

Crypto investment fraud losses made up roughly 25% of all money lost to online scams and fraud during 2022 and almost 90% of the $3.31 billion lost to online investment fraud.

3 years ago

Stablecoins USDT -0.04%

Tether’s circulating supply reaches 10-month high of $74B

Tether USDT's supply has grown by 10% in the current year while USDC, BUSD, and DAI supplies shrank.

3 years ago

Featured ETH -3.00%

Ethereum co-founder praises Gary Gensler as ‘shining knight of decentralization’

Joseph Lubin said SEC Chair Gary Gensler was doing a great job in driving decentralization forward.

3 years ago

DAOs

Arbitrum to airdrop ARB tokens to users on March 23

The Arbitrum ecosystem is also pivoting into a decentralized autonomous organization (DAO) that would be governed by the ARB token.

3 years ago

Crypto

CryptoSlate wMarket Update: Bitcoin trades under $25,000 as rival coins falter

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

3 years ago

NFTs

New data reveals unusual NFT flipping trend

Despite a market downturn, sellers on the NFT marketplace BLUR keep flipping at increased rates — despite losses surmounting.

3 years ago

Featured

Bankruptcy judge rejects U.S. government’s request to delay Voyager-Binance.US deal

Voyager clients have been unable to access their cryptocurrency since the July 2022 bankruptcy declaration.

3 years ago

Analysis

Reuters report that any bank bidding for Signature “must give up all crypto business”

The FDIC has handed over auction of the bank to Piper Sandler, who will conduct a second auction on March 17.

3 years ago

Layer-2 SHIB -1.23%

Shiba Inu community clash over allegations of foul play by developers

Tensions spark as Shiba Inu's Shibarium testnet received accusations of being a ripped chain — sinking 7% in price in the last 24 hours.

3 years ago

DeFi

Euler finance hacker moves stolen fund as protocol offers $1M bounty

The Euler labs attacker sent one of the DeFi protocol users 100 ETH, leading to speculations that the hacker could return the funds.

3 years ago

Featured

FTX identify over $3B transfer to SBF, others

FTX's former CEO Sam Bankman_Fried received $2.2 billion in payments and loan from the bankrupt firm, according to a press statement.

3 years ago