This week, BTC crashed to $63k on South Korean exchanges after the country enacted martial law, Celsius announced a $127M distribution to creditors, WisdomTree files for spot XRP ETF and big new venture rounds for usdx.money ($45M) and Avant ($6.5M).
This week, spot Bitcoin ETF options went live, Gemini expanded into France, Ethereum ETFs recorded trading volume and big new venture rounds for Zero Gravity Labs ($40M) and Wyden ($16.9M).
This week, Bitcoin reached $93k, Justin Drake proposed Beam Chain, BlackRock’s iShares Bitcoin Trust (IBIT) logged its largest daily trading volume and big new venture rounds came in for Pond ($7.5M) and Brevis Network ($7.5M).
Today we cover the Trump victory leading to a new ATH for BTC, Michigan adding ETH to their pension funds, Blackrock IBIT inflows hitting new records, Solana seeing its highest monthly active addresses and big new venture rounds for Glow Labs ($30M) and Vlayer ($10M).
Gemini & Genesis make nice, Creditor Committee established in Genesis bankruptcy, Binance suspends USD transfers, and big rounds from SALT ($64M), SpaceID ($10M), & Elementus ($10M)
The battle between bankrupt firms Alameda and Voyager for $445M, BlockFi approved to sell its mining assets, Ripple expands money transfer product, and the top crypto news, deals, and reports
Genesis Files for Bankruptcy, Gemini Threatens Lawsuit Against DCG, Nexo Settles With SEC for $45M, Major Rounds Return for Blockstream ($125M) and QuickNode ($60M), Pantera Launches 2023 Report
Electric Capital Releases Annual Developer Report, Gemini and Genesis Charged by SEC With Selling Unregistered Securities, 3AC Founders Seek to Raise Capital for a New Venture, FTX US Ex-CEO Speaks
Cameron Winklevoss accuses DCG & Genesis of fraud. Barry Silbert says not so fast. We also cover Messari's new report on Solana's overexaggerated death plus Easy Company's $14M raise from Lobby Capital.
FTX Founder Sam Bankman-Fried arrested, testimony he planned to give to Congress leaked, SEC announces charges, plus big raises for Nillion and Evertas, and the top stats and reports of the week.
Crypto Brokerage Genesis Warns of Bankruptcy Without Funding, Asks Binance and Apollo for Cash, Silence from DCG Spooks Investors, Four Page FTX Apology Post-Mortem from SBF
Binance invests $500M in Musk's Twitter takeover, Deribit Loses $28M, Terra Co-founder Do Kwon Faces $57M Class-Action Suit, and the top news, raises, and stats in the crypto ecosystem
Coin Center Sues US Treasury, FTX Under Investigation By Texas, Aptos Mainnet Launches, Copper Raises $196M -- and the other top news, stats, and reports from the week in crypto
Celisus' Customer Accounts Made Public, Maker Buys $500M in Treasuries, BNB Chain $127M Hack, Bored Apes Get Probed by SEC, Tatum & NXYZ Raise $40M+
Uniswap Eyes $100M in New Funding, Celsius' Mashinsky Withdrew $10M Before Freezing Assets, Solana's 13th Outage of the Year, ENS Domains Reach New Record
After seven years of development Ethereum successfully switches to PoS, Wintermute gets hacked for $160M, South Korea issues warrant for Do Kwon, Doodles & Messari Close Big Rounds
Ethereum, the #1 global financial internet settlement layer is getting a major upgrade to proof-of-stake which will be going live tonight around midnight ET. We also write about the top crypto news, stats, fundraises, and reports of the week, our webinar tomorrow for large ETH holders, and the world’s first ETH-denominated crypto fund of funds.
Ethereum's final hard fork before the Merge was activated Tuesday, marking the beginning of ETH's historical transition from proof-of-work (PoW) to proof-of-stake (PoS), on track to go live Sep 14.
The Top 50 North American Crypto VC firms by fund size and investment activity -- plus the top news, stats, and reports of the week.
FTX took revenue from $90 million in 2020 to more than $1 billion last year as cryptocurrencies hit an all-time high. The Federal Deposit Insurance Corp. (FDIC) issued Cease and Desist Letters demanding Cryptonews.com, Cryptoytosec.info, SmartAsset.com, FTX.US and FDIC Crypto.com stop making misleading statements about FDIC deposit insurance and implement corrective measures. Terraform Labs co-founder Do Kwon has reportedly hired a lawyer from a domestic law firm in South Korea just days after claiming the South Korean authorities are yet to reach out to him or file any charges against him.
