Duncan and Griffin Cock Foster, twin brothers and co-founders of Gemini-owned NFT platform Nifty Gateway, are stepping down from their positions and leaving Gemini amid troubles at the company. "Some news — after almost 4 years, Griffin and I are departing Gemini and are passing the baton at Nifty G...
Governance members of Dai stablecoin issuer MakerDAO have approved a preliminary proposal to deposit $100 million worth of the USDC stablecoin from its reserves into a special investment account known as a "vault" managed by Yearn Finance. The vault has a limit of $100 million and is expected to ear...
The French National Assembly voted in favor of rules that will ease licensing requirements for crypto firms, offering a sigh of relief for the industry. Lawmakers opted for an amendment proposed by Sen. Daniel Labaronne that allows crypto firms to register with the financial regulator following requ...
Ethereum co-founder Vitalik Buterin closed a seven-month short position on the non-pegged purported stablecoin RAI, netting a cool $92,000, according to on-chain records. Buterin took the trade out in May and June, borrowing 400,000 RAI and selling it for $1.2 million of DAI, a stablecoin pegged to ...
The Algorand Foundation hired former WhatsApp and Nike exec Jessica Tsai Chin to steer its marketing efforts.  Previously head of brand for global privacy at the Meta-owned messaging app, Chin said in a written interview with The Block that she was drawn to a role in crypto due to an interest in pri...
QuickNode, a web3 infrastructure firm that provides blockchain development tools, reached an $800 million valuation in a $60 million Series B round. Dan Tapiero's 10T Holdings led the round, with Alexis Ohanian's Seven Seven Six, Tiger Global, Protocol Labs, QED Investors and others participating, Q...
The Internal Revenue Service, the Securities and Exchange Commission and the U.S. Attorney’s office for the Southern District of New York were among some of the creditors listed in a court document filed Monday.   Genesis Global Holdco filed for bankruptcy protection last week in the U.S. Bankruptcy...
Geneva, Switzerland, 24th January, 2023, ChainwireTRON-based cryptocurrency may soon be officially adopted as legal tender by the government of the eastern Caribbean island of St. Maarten. Member of Parliament (MP) Rolando Brison has been outspoken for some time now about the benefits of blockchain ...
Following days of inactivity, the address associated with the theft of $323 million worth of ETH from the cross-chain protocol Wormhole began shuffling assets, Etherscan records show. News of the activity was first noted by Twitter user @Spreekaway earlier Monday. The series of swaps began as the ex...
Grayscale Investments CEO Michael Sonnenshein bashed the Securities and Exchange Commission’s “one-dimensional approach of regulation by enforcement” in a letter to The Wall Street Journal.  “The SEC should certainly try to eliminate bad actors, but that shouldn’t come at the expense of efforts to d...

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