Lawsuit Alleges Yuga Labs Conspired With Celebs Like Justin Bieber to Push Bored Ape NFTs
The class action suit alleges that MoonPay and Guy Oseary worked with Yuga Labs to covertly pay celebrities to boost the popular NFT project. Original Source: decrypt Lawsuit Alleges Yuga Labs Conspired With Celebs Like Justin Bieber to Push Bored Ape NFTs
Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. On Dec....
Lessons we learned from the Terraform-FTX implosions
The crises cryptocurrency experienced in 2022 served as a reminder of some classic bits of investing wisdom. In May 2022, Terraform Labs’ LUNA cryptocurrency and TerraUSD (UST) stablecoin collapsed, triggering a massive shock in the crypto industry. Six months later,...
Class Action Lawsuit Against FTX’s Celebrity Promoters and Sam Bankman-Fried Is Quietly Dropped
A class action lawsuit filed against former FTX CEO Sam Bankman-Fried and a host of paid celebrity promoters for the now-defunct crypto exchange has been dropped. Original Source: coindesk Class Action Lawsuit Against FTX’s Celebrity Promoters and Sam Bankman-Fried Is...
EU Lawmaker Kaili Suspended From Party in Corruption Scandal
European Parliament Vice President Eva Kaili, a key figure in ongoing efforts to regulate crypto in Europe, has been suspended from her party in reaction to reports that she and others are allegedly tied to a wide-ranging corruption scandal involving illicit lobbying...
Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda
On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the...
Crypto Markets Today: Exposed Alameda Research Loans to Media Site The Block and Its CEO Adds to FTX’s Miseries
The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Original Source: coindesk Crypto...
Data shows the Bitcoin mining bear market has a ways to go
The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations. Bitcoin (BTC) mining is the backbone of the BTC ecosystem and miners’ returns also provide...
Bieber, Madonna Among Dozens of Celebs Named in Lawsuit Alleging Yuga Labs NFT 'Scheme'
The suit claims that celebrity endorsements of Bored Ape Yacht Club NFTs and ApeCoin tokens resulted in financial loss for investors. Yuga Labs called the allegations ""opportunistic and parasitic." Original Source: coindesk Bieber, Madonna Among Dozens of Celebs...
Crypto.com Releases Data to Assure Clients It Holds One-to-One Reserves
The proof-of-reserves study was conducted by independent firm Mazars. Original Source: decrypt Crypto.com Releases Data to Assure Clients It Holds One-to-One Reserves
Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing
Bitcoin price aims for support at $17,000, while LTC follows a pre-halving narrative and ETH looks somewhat bullish in its BTC pair. Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge.While Bitcoin (BTC)...
Crypto Brokerage FalconX Discloses It Has Funds Stuck on FTX
In the event of a worst-case scenario, FalconX said it has “decades of runway,” meaning that it has enough capital on hand to continue operating. Original Source: decrypt Crypto Brokerage FalconX Discloses It Has Funds Stuck on FTX
Shares of Bitcoin Miner Argo Blockchain Suspended in UK and US
The struggling firm said at the end of October that it might have to cease operations if it was unable to secure additional financing. Original Source: coindesk Shares of Bitcoin Miner Argo Blockchain Suspended in UK and US
Raising in a Bear Market: Slow Ventures, Volt Capital, Conviction, AngelBlock at 0xpo Summit
Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock joined Decrypt's Jason Nelson at 0xpo Summit in San Francisco on November 3 for an extensive panel on raising venture money...
A year after Taproot, Bitcoin community works to unlock its DeFi potential
Smart contracts functionalities on the Bitcoin network could boost adoption and provide additional liquidity to DeFi. Taproot support across the industry is still crawling one year after the Bitcoin soft fork, indicating a strong potential for innovation and broader...
AI-Related Tokens Surge as Maple, Ren Fall: CoinDesk Market Index Week in Review
AI platform Fetch.ai’s native token FET surged 80% in the past five days, according to data from CoinDesk Market Index. Original Source: coindesk AI-Related Tokens Surge as Maple, Ren Fall: CoinDesk Market Index Week in Review
Symbiont.io, Which Tried to Bring Blockchain to Traditional Finance, Files for Chapter 11
Original Source: coindesk Symbiont.io, Which Tried to Bring Blockchain to Traditional Finance, Files for Chapter 11
Binance Suspends Account of Customer for Being ‘Unreasonable’
The user, who goes by the name "CoinMamba" on Twitter, started criticizing the exchange after some of his funds allegedly got stolen on his Binance account, but the exchange cited threats made to its customer service team in explaining the suspension. Original Source:...
Ethereum’s Shanghai Hard Fork Could Happen in March 2023, ETH Dev Says Staking Withdrawals Is the ‘Highest Priority’
According to a recent Ethereum Core development meeting on Dec. 8, developers disclosed that the next Ethereum hard fork, called Shanghai, could be implemented by March 2023. It’s been suggested that the Shanghai hard fork will be able to manage the...
SBF Denies He Tried to Attack Tether, 'Hunted' Three Arrows’ Terra Positions
In almost identical statements—one to the NYT and another on Twitter—the former FTX CEO denies trying to make UST and USDT lose their pegs to the dollar. Original Source: decrypt SBF Denies He Tried to Attack Tether, 'Hunted' Three Arrows’ Terra...
CEO of crypto news site The Block resigns for failing to disclose $27M loans from Alameda Research
New CEO Bobby Moran said there was no evidence that Mike McCaffrey had "improperly" influenced coverage of Sam Bankman-Fried, FTX, and Alameda Research on the news site. Bobby Moran of crypto news website the Block has announced he will be assuming the position of...
FalconX says exposure to FTX represented 18% of its 'unencumbered cash equivalents'
According to the crypto brokerage firm, the 18% ratio fell well within its “counterparty exposure limits.” Cryptocurrency trading company FalconX has disclosed that it suffered losses in the collapse of FTX. According to the company, its assets locked on FTX represent...
Price analysis 12/9: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
Bitcoin and most major altcoins remain stuck inside a range as traders keep a close eye on next week’s macroeconomic events. The United States equities markets are headed for a down week as market participants remain cautious ahead of next week's key consumer price...
Polygon Studios CEO: Our Company Is a ‘Funnel’ for Big Brand Partnerships
Ryan Wyatt discusses why consumer brands looking to jump into Web3 are flocking to his company. Original Source: coindesk Polygon Studios CEO: Our Company Is a ‘Funnel’ for Big Brand Partnerships
Sam Bankman-Fried’s Alameda Research Secretly Funded Crypto Media Site The Block
The company’s CEO, Michael McCaffrey has resigned as a result of the loans coming to light, The Block confirmed. Original Source: coindesk Sam Bankman-Fried’s Alameda Research Secretly Funded Crypto Media Site The Block
Sam Bankman-Fried’s Alameda Research Secretly Funded Crypto Media Site The Block and Its CEO
CEO Michael McCaffrey has resigned as a result of the loans coming to light, The Block confirmed. Original Source: coindesk Sam Bankman-Fried’s Alameda Research Secretly Funded Crypto Media Site The Block and Its CEO
Crypto.com releases proof of reserves, showing above 100% for BTC, ETH
The new disclosure page allows skeptical users to self-verify that their assets are included in the report. Tether (USDT), XRP, Dogecoin (DOGE), Shiba Inu (SHIB), Chainlink (LINK), and Decentraland (MANA) are also included in the report, with each of them having...
'No One Won': Binance CEO CZ Again Clashes With Sam Bankman-Fried
Relitigating the past, Binance boss CZ and ex-FTX CEO SBF again trade barbs over a business deal gone bad. Original Source: decrypt 'No One Won': Binance CEO CZ Again Clashes With Sam Bankman-Fried
Starbucks Sees 'Unprecedented Interest' as Polygon NFT Rewards Platform Launches
The coffee giant’s new Starbucks Odyssey rewards program opened up for select beta testers ahead of expansion in 2023. Original Source: decrypt Starbucks Sees 'Unprecedented Interest' as Polygon NFT Rewards Platform Launches
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically...
Earn us both $10 bucks when you sign up for Coinbase and buy or sell your first $100 in Bitcoin.
- Sign up for Coinbase
- Use Coinbase earn to net more than $150 in free crypto
- Sell at least $100 of it back to Coinbase (Their the buyer when you click sell on an asset)
- We Both get $10 dollars in free Bitcoin when you do.
- This site gets to stay running, a few bucks a month keeps the hamsters running in their wheels.
So far thats at least $160 in free CryptoCurrency for watching a few videos and answering some really easy questions. Your account might even net you more, my Coinbase earn dashboard only shows what I am still eligible for at the moment, not what Ive already earned.