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El Salvador’s Chivo Wallet ‘Completely Unreliable,’ Users Say
Two users who said they previously had no issues transferring funds told Blockworks they are now unable to move their bitcoin holdings from...

Crypto.com Parts Ways With NFT Head Following Layoffs
Blockworks exclusive: The NFT unit's restructuring follows the exchange laying off about 5% of its workforce, or 260 staffers The post Cryp...

Three Arrows-backed Protocol Says Major Chunk of Treasury Is Unaccounted For
Blockworks exclusive: Many protocols backed by Three Arrows kept their funding round capital, plus portions of their own treasuries, with t...

Crashing Prices Expose Bitcoin Mining Industry’s Addiction to Leverage
Trapped between plummeting bitcoin prices, climbing electricity rates and high-interest debt, many bitcoin miners are finding themselves un...

Latest in Crypto Hiring: Firms Fill High-profile Roles as Layoffs Continue
Uniswap brings in former NYSE president, BitPay adds an attorney The post Latest in Crypto Hiring: Firms Fill High-profile Roles as Layoffs...

Immutable Earmarks $500M Fund for Gaming, Web3 Development
The company’s goal is to foster mass adoption of gaming, collectibles, music and sports NFTs The post Immutable Earmarks $500M Fund for Gam...

‘Decentralization Proves To Be an Illusion,’ BIS Says
The central bank’s central bank argues for more centralization in DeFi lending The post ‘Decentralization Proves To Be an Illusion,&#...

Lido DAO Proposes Governance Switch Up
The crypto staking platform’s proposal suggests a move from multichain to dual governance The post Lido DAO Proposes Governance Switch Up a...

Q&A: NFT.NYC Producer Says Trading Most Boring Part of the Ecosystem
Cryptocurrency valuations are down and so are NFT floor prices, but the annual NFT.NYC event is going full steam ahead The post Q&A: N...

Elon Musk Teases Crypto Integration At His First Twitter All-Hands
Musk, who agreed to take over the media company in April, said news, entertainment and payments are three critical goals for Twitter The po...

Panama’s President Partially Vetoes Crypto Regulations
The President of Panama has partially vetoed the country's crypto bill which now heads back to the National Assembly for a vote The post Pa...

BlockFi Says it Liquidated a ‘Large Client’ Amid 3AC’s Margin Calls
The firm said Thursday it has liquidated a "large client" to mitigate risks following fears of market contagion amid Three Arrows' troubles...

Huobi Thailand Gets Licensed Pulled, Plans for Exit in July
Huobi has apologized to its Thai customers for its exit of the kingdom following a revocation of its license by the country's SEC The post...

Finblox Imposes Withdrawal Limit Amid 3AC’s Uncertainty
The crypto staking and yield generation platform imposed a $1,500 monthly withdrawal limit and paused reward distribution The post Finblox...

Short Sellers Are Betting Big Money on Cryptocurrency’s Demise
Collapsing cryptocurrency prices have sent short sellers on a frenzy, and they’re targeting some of digital assets’ biggest companies The p...

5th Regulator Investigates Beleaguered Crypto Lender Celsius
Alabama, Kentucky, New Jersey, Washington and Texas will be looking into crypto lending platform Celsius The post 5th Regulator Investigate...

Web3 Watch: Is Web5 Better Than Web3?
Jack Dorsey's vision for decentralized internet will be built solely on the Bitcoin blockchain The post Web3 Watch: Is Web5 Better Than Web...

Circle’s New Euro-backed Stablecoin Mimics USDC
The Euro Coin (EUROC) will launch at the end of June and emulate Circle’s USDC, the second-largest stablecoin The post Circle’s New E...

Huobi Thailand to Close After Watchdog Cancels Trading License
Thailand’s Securities and Exchange Commissioned revoked the trading platform’s license, citing failure to follow rules The post Huobi Thail...

US Labor Dept. Urged to Rescind Crypto Guidance as Pushback Grows
The US Department of Labor continues to receive pushback on guidance issued in March restricting crypto for use in 401(k) retirement plans...

Celsius Calls on Citigroup for Options After Liquidity Squeeze, Report Says
The traditional financial bank has been hired in an advisory role to lay out potential financing options for Celsius The post Celsius Calls...

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