Decentralized exchange Trader Joe is launching on the Ethereum scaling chain Arbitrum. The move represents Trader Joe’s first deployment on a new chain since it launched in 2021. Trader Joe has the highest total trading volume across all applications on Avalanche, but has seen significant decreases ...
Galaxy's CEO Mike Novogratz thinks Sam Bankman-Fried is "delusional" and will spend time in jail. After watching the former FTX CEO's live interview with the New York Times on Wednesday, Novogratz alleged that Bankman-Fried is "just spewing more lies." "It was delusional, let's be really clear," Nov...
Cryptocurrency exchange volumes jumped in November from the previous month as the collapse of FTX roiled markets, with decentralized platforms seeing an increase of 93%. Centralized (CEX) exchange volumes, which include platforms like Binance and Coinbase, rose by 24% to $673 billion, up from $543 b...
In slightly less than one month, Telegram has sold $50 million usernames on The Open Network, a blockchain that the company developed, Telegram founder and CEO Pavel Durov claimed.  Last month, Telegram in October gave users the ability to buy usernames for its app via a blockchain-based platform ca...
BlackRock Chief Executive Larry Fink said that the firm invested $24 million in FTX through a fund of funds it manages, according to Reuters. He also said that there were some misbehaviors at the crypto exchange FTX, but that the technology behind crypto is still relevant. "We're going to have to wa...
FTX CEO John Ray stressed in a company all-hands this week that the firm has not been communicating or "dealing with" former senior executives, including its co-founder Sam Bankman-Fried.  The call between Ray and FTX and FTX.US employees provided few specifics on how the bankruptcy process was unfo...
Six exchanges — including Binance, Coinbase, Luno and Kraken — will have to share user data to help trace $10.7 million in funds stolen from an unnamed UK-based exchange in 2020. London’s High Court issued a court judgment demanding the handover of the data, according to a Financial Times report. Tw...
BitDAO, a decentralized autonomous organization with a treasury worth over $1.7 billion, has launched an Ethereum Layer 2 network called Mantle, the DAO announced on Wednesday. Mantle is a modular Ethereum Layer 2 chain. Modular networks are a new way of designing blockchains and are different from ...
Crypto payments company Ripple has led a $72 million Series B funding round into digital asset market maker Keyrock. Ripple has also been a key client for the firm for the last three years.  Venture firms Six Fintech Ventures and Middlegame Ventures also participated in the round, which closed mid-S...
Web3 gaming and software giant Animoca Brands is set to debut a fund of up to $2 billion to invest in metaverse companies. The fund, named Animoca Capital, is expected to make its first investment next year, co-founder and executive chairman Yat Siu said in an interview with Nikkei. Animoca Brands i...

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