Hashed Plans to Raise More Funds After Losing $3.6B in Terra Fiasco
South Korean blockchain venture capital firm Hashed has revealed that it plans to raise more funds to support GameFi projects after losing more than $3.5 billion to the Terra LUNA…
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Alchemy and Astar Network Combine Forces to Boost Web3 Development on Polkadot
Blockchain company Alchemy and innovation hub Astar Network will collaboratively power developer tooling on Polkadot. As such, the two entities have partnered to accelerate web3 development on Polkadot. As per…
CoinShares Announces a Loss of Over $21 Million Due to Terra Collapse
Coinshares – the largest digital asset investment group in Europe – has published its quarterly financial report. In it, the company laid out its performance during the past 3 months…
Robinhood to Reduce its Workforce by 23%, Citing Broad Crypto Market Crash
The Co-Founder and CEO of Robinhood – Vlad Tenev – said the company will lay off approximately 23% of its staff due to the adverse ongoing macroeconomic conditions, including the…
Thousands of Wallets Compromised in Ongoing Solana-Based Hack
The hackers have targetted Solana users with millions of funds being drained from thousands of wallets. On-chain data shows that, so far, the losses have been estimated to be around…
Mississippi Woman Jailed for 10 Years After Paying for Murder in Bitcoin
The US Department of Justice sentenced the 40-year-old resident of Pelahatchie, Mississippi – Jessica Sledge – to the statutory maximum of 10 years in Federal Prison. In 2021, the woman…
Coinbase Launches ETH Staking for US Institutional Investors
Leading cryptocurrency exchange Coinbase has launched Ether (ETH) staking service for institutional investors in the United States as the Ethereum network moves closer to the long-awaited Merge. This means that…
Michael Saylor is No Longer the CEO of MicroStrategy
Bitcoin-evangelist and billionaire Michael Saylor has stepped down as the Chief Executive Officer of MicroStrategy – one of the world’s largest corporate holders of Bitcoin. He will continue to serve…
Recent Bitcoin Rally Was a Bull Trap: Glassnode
Despite the recent price increases for both bitcoin and ether, perhaps fueled by the Fed and the US President, Glassnode believes there’re no clear signs of bear market trend reversals.…
Robinhood Crypto Fined $30 Million by New York Regulator
Robinhood Crypto – the cryptocurrency-focused unit of the online brokerage firm – has been slapped with a $30 million fine by the New York State Department of Financial Services (NYDFS).…
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