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Nexo Office in Bulgaria Raided in Sanctions Probe
Over 300 Bulgarian investigators are involved in the raid, while Nexo tells Blockworks “the allegations are absurd”

Ukraine Bank Finds Stellar Blockchain Brings ‘Key Advantages’
A two-year study from TASCOMBANK, for the most part, adds a Stellar splash of fuel to the developing crypto economy of Ukraine

Australian Open 2023 Takes Swing at Roblox Metaverse
The tournament, which was last year exclusively hosted on Decentraland’s platform, will be branching out to other non-blockchain-based metav...

Bargain-basement Opportunity for Crypto Volatility Traders
“Explosive” bull runs have proceeded those times when volatility has been low in the crypto markets, according to one analyst

Oregon Weighing Crypto Miner Carbon Crackdown
Oregon was once a hotbed for crypto miners. A new bill is the latest blow against them.

Crypto Is the ‘Wild West,’ Gensler Tells US Army
“Most of these 10 or 15,000 tokens will fail,” Gensler said in a Wednesday Twitter spaces collaboration between the SEC and the Army

Silvergate Received Billions in Home Loan Bank Advances To Weather Withdrawals
The crypto bank’s stock continues to drop, though some analysts are still bullish

Gemini Earn Users Lose Savings in ‘White Collar Robbery’
In an email sent out to retail users, Gemini wrote that it terminated the Master Loan Agreement between Earn users and Genesis as of Jan. 8

Crypto, Stocks Headed for Correction if CPI Print Isn’t Strong
Wall Street’s ‘fear gauge,’ has remained well below its one-year average, indicating traders think that have handle on the Fed’s next moves

Voyager’s VGX Jumps 40% Following Binance.US Takeover News
The deal, which has raised the concerns of at least two US regulators, is pending approval by a New York judge

China Counts CBDC in Monetary Base Supply for First Time
In a sign of the times, China is incorporating its digital yuan CBDC into official cash figures, although it still makes up a tiny fraction

Crypto Investor Voluntarily Dismisses Own Terra Lawsuit
Do Kwon and Terraform Labs still face multiple legal threats, despite Matthew Albright dismissing his complaint against them

BNB Flips USDC, Cardano Flips Dogecoin With Crypto Relief Rally
Binance’s BNB has benefitted as crypto looks to recover from a dismal quarter, now usurping USDC on leaderboards

DCG’s Barry Silbert is Dodging the Hard Questions, Sources Say
Several sources have told Blockworks DCG’s head, Barry Silbert, isn’t telling the full story relating to his company’s relationship with cry...

Most Banks’ Crypto Efforts Undeterred Despite Choppy Waters
TradFi banking giants including BNY Mellon have an opportunity when it comes to cultivating customer trust after FTX’s fall, an analyst told...

On-chain Treasurys, Bonds New Options for Investors Searching for Safe Havens
The launch comes as investors look for more lucrative places to park their funds on the heels of a tumultuous year for crypto markets

Arbitrum and Optimism Transactions Now Exceed Ethereum Mainnet
Optimism and Arbitrum are reaping the benefits of cheaper, faster transactions

Silbert: DCG Borrowed Hundreds of Millions From Genesis at 10-12% Interest
The cryptocurrency industry has a “lot of hard work to do” on the heels of a brutal 2022, Silbert said Tuesday in a letter to DCG shareholde...

Bear Market Puts Coinbase CEO’s $3.7B Compensation in Deep Hibernation
Brian Armstrong was once on track for a quick and speedy payday worth billions after Coinbase went public — but not anymore

Coinbase To Spend $150M On Recent Cuts — But Still Has Plenty of Cash
Coinbase is set to spend roughly $150 million in total restructuring charges, though the amount represents a small fraction of its balance s...

Coinbase Insider Trader Gets 10 Months In Prison
A crypto first sees an insider trader who profited on early knowledge of Coinbase listings sentenced to almost a year in the clink

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