Marc Cohodes spent part of his Friday afternoon playing the conquering victor. The veteran short seller posted pictures of a seemingly deserted Silvergate office on Twitter, while telling The Block that, ''Silvergate is a publicly traded crime scene and Alan Lane belongs in prison.” A spokesperson f...
Federal prosecutors are seeking to severely limit former FTX CEO Sam Bankman-Fried's connection to the internet and technological access to a "flip phone or other non-smartphone" while awaiting trial on a litany of charges connected to the collapse of the cryptocurrency exchange.  Prosecutors sought...
Crypto exchange Bybit stopped USD deposits via bank transfer, citing "service outages" from a partner.  "Effective immediately, USD deposits via wire transfer (SWIFT) and wire transfer (for U.S. banks) are no longer available," said a company announcement on Saturday.   The Block reached out to a By...
Decentralized exchange PancakeSwap is set to upgrade to its third iteration in the first week of April.  PancakeSwap V3 will offer new features to the multi-chain DEX that says it has more than $438 billion in total trading volume and over $2.5 billion in total liquidity locked. These include improv...
Beleaguered crypto lender Celsius converted 22,962.8 WBTC into bitcoin on Feb. 28.  The transaction occurred with the consent of the Celsius creditor committee, according to a filing in the lender's Chapter 11 bankruptcy protection proceedings on March 3.  No reason was given as to why the exchange ...
Silvergate suspended its Silvergate Exchange Network on Friday, the result of what it called “a risk-based decision.”  The network shutdown comes after Moody's downgraded Silvergate's credit rating for the second time in less than two weeks. Moody’s said it downgraded Silvergate due to insufficient ...
Securities and Exchange Commission staff believe Binance.US is operating an unregistered securities exchange in the United States, a lawyer said during a Voyager Digital bankruptcy hearing on Friday evening.  SEC lawyer William Uptegrove also raised concerns that the offering and sale of Voyager’s V...
Base, a new Ethereum Layer 2 developed by Coinbase, has integrated Chainlink on its testnet in a move to provide secure, off-chain price feeds to decentralized app developers. This development is particularly significant for Base, as it aims to offer developers a secure method of integrating o...
Crypto exchange Coinbase is buying crypto asset manager One River Digital Asset Management. "Coinbase and ORDAM share an ethos grounded in prudent risk management, a trait which has enabled both firms to successfully navigate the recent market turmoil," the company said in a statement. One River Dig...
Aave, a decentralized lending protocol, is considering deploying a minimum viable version (MVP) of Aave version 3 on Polygon's upcoming zkEVM Layer 2 network. The proposal from Aave's integrations lead Marc Zeller is aimed at establishing a strategic Aave presence on the new network early on, after ...

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