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Bybit to Reduce Workforce as Crypto Slump Drives Cost-Cutting Measures
Cryptocurrency exchange Bybit is to cut its workforce by as much as 30% in response to its business not growing at the same rate as its head...

Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Say...
The decoupling of ether (ETH) and Lido Finance’s staked ether (stETH) is not equivalent to the breaking of the link between terraUSD (UST) a...

Dogecoin Sees Weekend Bump After Musk Tweets, Synthetix Volumes Grow to $200M
Over the weekend, separate catalysts lead to volatile trading in the two tokens with SNX rising as much as 85% in the past 24 hours.

DeFi Protocol Solend Passes Governance Vote to Reverse ‘Emergency Powers’
Solana DeFi protocol Solend has passed a governance vote that will see voting times increased to one day.

Solend’s Whale Liquidation Crisis Prompts Second Vote to Reverse ‘Emergency Powe...
The Solana-based borrowing and lending service is going back to the ballot box.

First Mover Asia: Bitcoin as Digital Gold and Inflation Hedge. Really? BTC Is Un...
A Sunday rally had bitcoin perched back over $20K and ether above $1.1K, but the recent Terra and Celsius debacles have increased investor a...

Bitcoin Rebounds Past $20K, Ether Soars Above $1,100
The price of bitcoin bounced 16.7% off of its Saturday lows. Ether followed with a 29% gain.

Christie’s Web3 Expert Leaves Auction House to Run CryptoPunks for Yuga Labs
Noah Davis, a key factor in the storied auction house’s crypto embrace, was involved in Beeple’s $69 million NFT sale in March 2021.

Solana DeFi Platform Votes to Control Whale Account in Bid to Avoid Liquidation...
Solend users voted to "grant emergency power to Solend Labs to temporarily take over the whale's account."

Hard Times in Crypto Lead to Price and Macro Risk
Just the first in a series of risks we’re thinking about during these crypto down days.

Luna Only Makes Bermuda Love Stablecoins More
Digital assets are the future, the island’s premier David Burt told us at the Consensus 2022 conference – and he’s not worried about being s...

Crypto Market Tumbles As Bitcoin Breaks Previous Cycle's Highs
Bitcoin’s price fell well below $19,783, the previous all-time high it notched in December 2017.

Terraform Labs, Founder, Backers Sued on Claims That Investors Were Misled

This Is the Time for Lawsuits
The market is taking a downturn but legal activity, not so much. There's a lot happening that may shape guidance and laws that crypto entiti...

Bitcoin plunges below $20K for first time since Dec. 2020
Helping to send bitcoin back into the teens were the continuing plunge in traditional financial markets alongside spreading panic among cryp...

Voyager Digital Secures Loans From Alameda to Safeguard Its Assets
The loan will have $200 million cash/USDC-backed credit facility and 15,000 BTC.

Binance Suspends Withdrawals and Deposits in Brazil Following New Central Bank P...
The suspension applies to transfers made via the government's payment system Pix.

MakerDAO Cuts Off Its AAVE-DAI Direct Deposit Module
MakerDAO is temporarily stopping DAI from being minted and deposited in Aave’s crypto lending platform.

Market Wrap: Bitcoin Heads for Worst Week in Year
The latest crypto news and headlines for Friday, June 17.

FBI Says LinkedIn Is Being Used for Crypto Scams: Report
FBI is working with LinkedIn to tackle what it called a "significant threat" after fraudsters exploited the job-seeking and networking platf...

ADAM CEO Michelle Bond Announces Bid for US Congress
Michelle Bond, who describes herself as an “America First conservative,” is running as a Republican in New York’s first congressional distri...

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