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Crypto Miner Core Scientific Downsizing After $840M Impairment Charge
The miner is cutting 10% of its workforce but expects to expand self-mining fleet by 36% in 2022 The post Crypto Miner Core Scientific Down...

Mycelium to Launch Perpetual Swaps Following Tracer DAO Merge
The merge with its core service provider will allow Mycelium to further expand Tracer's exchange platform and develop future products The p...

Steve Cohen Quietly Setting Up Crypto-only Asset Manager
Blockworks exclusive: The move to create a separate entity reflects Cohen’s increasing bullishness on digital assets, according to four sou...

DYdX Attempts To Spare Users Unfairly Targeted by Tornado Cash Sanctions
The Office of Foreign Asset Control sanctioned Tornado Cash and 45 related Ethereum wallet addresses Monday, prompting exchanges and issuer...

Maple Finance Launches $40M Lending Pool as Contagion Fear Subsides
Maven 11’s third pool on Maple boasts borrowers including Wintermute, Auros and Flow Traders The post Maple Finance Launches $40M Lending P...

Bitcoin Miner Hut 8 Misses Projections, but Soars 20%
Consistent with its “long term” balance sheet management strategy, the company has not sold any bitcoin since early 2021 The post Bitcoin M...

MakerDAO Co-founder Plans To ‘Yolo USDC Into ETH’
MakerDAO co-founder wants to protect the organization's stablecoin following Tornado Cash sanctions The post MakerDAO Co-founder Plans To &...

BlackRock Launches Spot Bitcoin Private Trust After Coinbase Partnership
World’s largest asset manager “conducting work” on potential of permissioned blockchains, stablecoins, cryptoassets and tokenization The po...

What Crypto Winter? The Demand for Finance Talent is Booming
Despite claims of a crypto winter, the industry needs more finance talent to fix accounting mistakes from the bull market and build for the...

FTC Probe Into $200M BitMart Hack Continues After Doc Block Denied
Operators of hacked cryptocurrency exchange BitMart are being investigated in what's pegged as the FTC's first known crypto-related probe....

Lawsuit Likens Voyager to Ponzi, Sues Mark Cuban For Promotion
Voyager CEO Stephen Ehrlich and the Dallas Mavericks, the NBA team owned by Mark Cuban, were also named in the class-action lawsuit The pos...

Crypto Exchange Hotbit Suspends Trade After Authorities Freeze Funds
Hotbit says authorities have frozen some of its funds, forcing the exchange to shutdown trade and withdrawals until they're returned The po...

SEC Investigating Coinbase Over Crypto Offerings
Coinbase said it has received investigative subpoenas and requests from the SEC that seeks information on select products The post SEC Inve...

Ethereum Steps Closer to PoS as Goerli Testnet Merge Goes Live
Goerli has successfully transitioned to proof-of-stake following the network's total block difficulty having crossed 10,079,000 on Wednesda...

Web3 Watch: New NFTs from Lamborghini and Ledger, Fox To Air First Blockchain-ba...
Blockworks Exclusive: New kid on the block Raelic is an NFT minting mobile app that aspires to be Instagram’s new rival The post Web3 Watch...

Private Funds Would Have To Disclose Crypto Under SEC, CFTC Proposal
Regulators are considering requiring private funds with at least $500 million to disclose crypto holdings, leveraged positions, among other...

Genesis Active Loans Dropped 66% in Q2
Crypto prime broker calls the second quarter “one of the more dramatic in the crypto ecosystem’s history” in latest report

Genesis Active Loans Dropped 66% in Q2
Crypto prime broker calls the second quarter “one of the more dramatic in the crypto ecosystem’s history” in latest report The post Genesis...

Goerli Testnet Is Ethereum’s Final Boss Before the Merge
The Merge will likely occur in mid-September, as long as the Goerli testnet successfully switches to proof-of-stake The post Goerli Testnet...

There’s a Shortage of Tech (And Female) Crypto Talent: Report
A shift in demand from financial-focused to technology-related people is occurring as the space matures, LinkedIn data shows The post There...

Inflation Is Cooling, but Rally in Crypto, Stocks May Not Last
July’s CPI report came in 0.2% lower than expected, showing an 8.5% increase in prices across the board year over year, down from 9.1% in J...

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