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Chainlink Staking Opens With Initial $51 Million Inflow
The company launched staking on its platform on Tuesday.

Binance Generates 90% of Revenue From Transaction Fees, Changpeng Zhao Says
Cryptocurrency exchange Binance generates 90% of its revenue from transaction fees, CEO Changpeng "CZ" Zhao said.

Rally in Crypto Game Axie's AXS Token Faces Skepticism From Derivative Traders
With a favorable environment for alternative cryptocurrencies far away, a rise in open interest in AXS futures implies traders shorting the...

Crypto Infrastructure Firm Blockstream Seeks to Raise Funds at 70% Lower Valuati...
The under $1 billion valuation is a far cry from the $3.2 billion valuation it had received in 2021.

DeFi Protocol Sushi Proposes 'Immediate' Action to Support Its Treasury
Developers proposed to divert 100% of fees generated on the platform to SushiSwap’s multisig for one year or until new tokenomics are implem...

US Lawmakers Want State Department to Disclose Crypto Rewards
The State Department will have to report on payments it makes in crypto and their effects, according to a draft of the NDAA.

Early Bitcoin Pioneer Ian Freeman Goes to Trial in New Hampshire
CONCORD, New Hampshire — Federal prosecutors say early bitcoin pioneer and Libertarian activist Ian Freeman and a group of his associates he...

First Mover Asia: Bitcoin Holds Its $17K Perch Amid Rate Hike Concerns
ALSO: Sam Reynolds writes that Asia is ready for a scaled up, crypto-friendly bank, particularly if the U.S. oversteps in regulating the ind...

Crypto Audit Platform Sherlock Expects $4M Loss From Troubled Loans on Maple Fin...
Sherlock deposited $5 million USDC of its staking pool into the beleaguered credit pool on Maple, which suffered a $31 million hit from Orth...

Exploring Biden’s Executive Order on Crypto, 6 Months In
CoinDesk published its annual Most Influential series on Monday, highlighting a number of regulators, lawmakers and similarly impactful indi...

Signature Bank to Reduce Crypto-Tied Deposits by as Much as $10 Billion
Nearly a quarter of the Wall Street bank's current deposits come from crypto-related businesses.

Crypto Markets Today: Fir Tree Suit Against Grayscale Adds to Industry’s Growing...
The hedge fund wants more details about the Grayscale Bitcoin Trust, which has fallen by nearly 75% this year. Crypto Markets Today is CoinD...

Bitcoin Miner Marathon Expects to Recover Less Than Half Its Deposit From Bankru...
The miner paid $50 million initially, $8 million of which was written off and only about half of the rest are expected to be recovered.

Bitcoin Miners Offered Way to Cut Texas Electricity Usage to Help the Grid
The voluntary program to lower power consumption during high demand period, might go live around Jan. 1, 2023.

Sam Bankman-Fried Hires Mark Cohen as His Attorney: Reuters
The former head of the now-bankrupt crypto exchange, Bankman-Fried has yet to be charged with any crimes.

US House Investigators Say Rep. Cawthorn Improperly Promoted Crypto Token
Rep. Madison Cawthorn (R-N.C.) is already exiting the U.S. Capitol after losing his seat in this year’s elections, but an ethics investigati...

Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent
Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple Finance, the firm’s credit team published...

Hedge Fund Fir Tree Sues Grayscale for Details on GBTC: Bloomberg
Fir Tree wants the Grayscale Bitcoin Trust to resume redemptions and cut fees.

Hoops Legend Scottie Pippen Shoots a 'Web3' With Virtual Sneakers
The six-time NBA Champion discusses why he’s jumping into Web3 and what’s behind the limited time NFT-based Metawear sneaker collection.

Economic Unreality: What SEC ICO Precedents Mean for Ripple

BTC Dominance Is Behaving Weirdly, and That’s Sort of Good
It's likely we are witnessing the consolidation of the crypto market’s speculative nature.

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