Scaramucci’s SkyBridge Capital Lost 39% Last Year: Bloomberg

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The investment firm’s crypto bets included now bankrupt FTX, which owned a 30% SkyBridge stake Source link

Traditional Banks Set to Dominate Crypto Stablecoin Market as Regulatory Certainty Grows

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Algorithmic stablecoins use self-regulating mechanisms to keep their private stablecoins pegged to another currency, a system that has had a rocky history. Typically, on-chain collateral consists of cryptocurrencies...

NFT Collection Azuki’s Twitter Account Hacked, Leading Followers to Malicious Link

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The popular anime-inspired profile-picture (PFP) collection recently introduced The Garden as a meeting platform for holders of its NFTs. According to data from secondary marketplace OpenSea, Azuki's current...

Proof Reveals Artists Behind Grails III NFT Release, Urging Collectors to Appreciate Digital Art...

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Proof’s Grails III is the third iteration of its mystery NFT compilation series. In February 2022, Grails I dropped, with work from entrepreneur Gary Vaynerchuk, CryptoPunks and Meebits...

Bitcoin Holds Steady Above $23K as Traders Eye Fed’s Next Meeting

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“Bitcoin should still consolidate leading up to the Federal Open Market Committee (FOMC) decision, with risks to the downside if the Fed sticks to its hawkish mantra,” Edward...

Decentralized Exchange Vela’s DXP Token Surges Ahead of Beta Release on Arbitrum

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Vela’s token also garnered attention for listing the rebranded, identical utility token VELA on Camelot, another DEX on Arbitrum, on Thursday, potentially contributing to the rally. DXP holders...

The Best Tool for Designing Effective DeFi Policies Is Web3 Itself

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The Best Tool for Designing Effective DeFi Policies Is Web3 Itself Source link

Custodia Bank Denied Federal Reserve System Membership

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“Custodia offered a safe, federally regulated, solvent alternative to the reckless speculators and grifters of crypto that penetrated the U.S. banking system with disastrous results for some banks,”...

Bored Ape Rapper's NFT Mint Sells Out So Fast Many Fans Left Mad, Empty-Handed

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The mint, which opened Friday morning, closed minutes after the allowlist opened, raising questions from empty-handed fans as to whether or not it was a faulty drop. Source link...

BlockFi’s $10M Staff Bonus Package Approved by New Jersey Judge

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This new deal applies to around 130 staff, who will mostly get a bonus worth 42.5% of salary, paid in three installments over a year. Worth $9.98 million,...

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The Bizarre (Sort of) Bipartisanship of the Crypto Congress

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A who's who of politicians who matter for crypto in the nation's capital. By Jeff Wilser. Source link

'What Was Gary Gensler Really Doing?': Rep. Tom Emmer on FTX, the SEC and...

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The so-called “Crypto King of Congress” blames over-centralization and old-fashioned fraud for FTX’s collapse (not crypto). As Congress considers new crypto legislation, can...

Litecoin Adoption Accelerates, Outpaces Ethereum In Total Addresses

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Data shows Litecoin has been observing accelerating adoptions recently, as its total addresses have now surpassed that of Ethereum. Litecoin Has Continued To See...

Bitcoin Miner Gryphon to Go Public Via All-Stock Merger With Cannabis Firm Akerna

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Gryphon previously terminated plans to go public via a reverse merger with Sphere 3D. Source link