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5 Highlights From BlockFi Bankruptcy Proceedings
BlockFi is the latest to be affected by FTX contagion — a round up of the key events that have unfolded so far

Uniswap Taps Into NFTs as It Looks To Be Financially Sustainable
Six months after acquiring NFT marketplace aggregator Genie, Uniswap Labs officially launches NFT trading on its platform

Brazil Crypto Laws Demand up to 6 Years Prison for Embezzlement
Brazil lawmakers have approved a crypto bill that includes a new crime of virtual asset embezzlement — topical considering the FTX scandal

IBM, Maersk Snuff Blockchain Project Due to Lack of Interest
IBM and Maersk are canning supply chain project TradeLens after four years, raising questions about the viability of enterprise blockchains

Secret Network Crypto Transactions Not So Secret After All
Secret Network was supposed to keep transactions private, but researchers warn there’s no telling how many people have decrypted them

List of Democrats, Republicans Staying Silent On FTX Donations Grows
Bankman-Fried and two of his former right-hand men at FTX gave a collective $71 million to Democratic and Republican candidates

Crypto Is Volatile — But Why?
Crypto volatility has often been pinned on the nascence of the asset class. But when can we expect to see fewer fluctuations?

List of Democrats, Republicans Staying Silent On FTX Donations Grows
Bankman-Fried and two of his former right-hand men at FTX gave a collective $71 million to Democratic and Republican candidates

New Crypto Fund of Funds May ‘Buy the Dip at Scale,’ Sources Say
The London fund of funds, led by a former Ardian professional, plans to launch in the first quarter of 2023

Bankrupt BlockFi Wants Bankman-Fried’s $520M Robinhood Stake
A Sam Bankman-Fried holding company pledged Robinhood stock as collateral for more than half a billion dollars in loans from BlockFi

Bankrupt BlockFi Wants Bankman-Fried’s $520M Robinhood Stake
A Sam Bankman-Fried holding company pledged Robinhood stock as collateral for more than half a billion dollars in loans from BlockFi

Crypto Bank Silvergate Says BlockFi Exposure Limited to $20M
Silvergate has been working to reassure customers of its solvency in light of multiple bankruptcies across crypto, including BlockFi

Hut 8 Halts Bitcoin Mining Facility Amid Energy Dispute
Hut 8 has stopped mining bitcoin out of its Ontario facility due to a dispute with its energy supplier, which could cut its hashrate by 20%

Binance, Kraken, Accused of Violating US Sanctions, Back Anti-Fraud Startup
Binance and Kraken were accused of violating US sanctions on Iranian citizens and companies. The exchanges initially denied the allegations....

Web3 Watch: NFT Royalty Roundup, Ape Stakes, And Digital Hot Wheels
When every NFT marketplace has its own royalty solution, you know we’re still early

Terra’s DAO Platform Is Open for Business
The company behind the Terra stablecoin is hoping DAOs will build on the Terra blockchain — which lost billions in a few days earlier this y...

‘Uncharted Territory’ for Crypto Come Tax Season: EY Blockchain Head
Blockworks sat down with Paul Brody, EY’s blockchain head, to discuss the shifting regulatory and corresponding tax landscape

Coinbase, MicroStategy Bonds Hammered by Industry Turmoil
If MicroStrategy and Coinbase survive until their bonds mature and pay the debt in full, investors will pocket a gain

Crypto Lender Aave Moves To Tighten Risk Controls
Aave, which has been closely followed by TradFi players since striking partnerships with Wall Street firms earlier this year, has a paramete...

WETH FUD Is All a Joke, ETH Withdrawals Still a Priority
Wrapped ether is not like wrapped bitcoin, there are no “concerns” over Ethereum’s “solvency,” and staked ether withdrawals remain a high pr...

BlockFi’s ‘Fugazi Bailout’ Condemns Crypto Lender to Bankruptcy
BlockFi has roughly 100,000 creditors with $1 billion to $10 billion in liabilities and assets

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