After 3AC's collapse, centralized lenders with exposure to 3AC had failed, while their decentralized counterparts liquidated collateral and continued operating
Good morning! An IT head, data scientist, and AI product manager walk into a bar. PYMNTS.com : Today in Crypto: Three Arrows Capital Files for Bankruptcy; Celsius Hits Three Week Mark of Closed Withd...
Bitcoin fell to under $18K on Saturday, below its $19,511 high during its 2017 bull cycle, as ether dropped below $1K; both are down 70%+ since November 2021
what this means Robert Reich / The Guardian : The Crypto Crash: all Ponzi schemes topple eventually Hudson Lockett / Financial Times : Celsius warns it will ‘take time’ to stabilise as bitcoin hovers ...
Hong Kong-based crypto lender Babel Finance suspends withdrawals and redemptions to “protect the interests of our clients”, citing “unusual liquidity pressures”
Dear Customers， Recently, the crypto market has seen major fluctuations … Muyao Shen / Bloomberg : Crypto Lender Babel Freezes Withdrawals as Industry Pain Spreads Andrew Rummer / The Block : Babel Fi...
Solana's network was down again on Saturday, for seven hours, when bots hit NFT minting tool Candy Machine, leading to ~4M transaction requests per second
Somehow, on the day I started writing a crypto newsletter, I got hacked. Jay Zhuang / CryptoPotato : Millions of NFT Transactions Clogged Solana, Causing Another Network Outage Macauley Peterson / Blo...
Crypto analytics startup Chainalysis raises $100M Series D led by Paradigm, at a valuation of $2B+, four months after raising $100M Series C at a $1B valuation
We're thrilled to announce that we've completed a new round of fundraising. Chainalysis / PR Newswire : Chainalysis Raises $100 Million at More Than $2 Billion Valuation to Expand Enterprise Cryptocur...
Telegram says it will not integrate TON Blockchain and a Gram cryptocurrency wallet into its messenger app for now
for now Robert Stevens / Decrypt : Telegram's cryptocurrency won't launch within its messaging app Nathaniel Whittemore / CoinDesk : Taking the TON Out of Telegram Noah Bradley / CoinGeek : Telegram p...
Sources: Facebook has signed up 12+ companies, including Visa, Mastercard, PayPal, and Uber, to back the cryptocurrency it plans to unveil next week
Here's Everything You Need to Know Mariella Moon / Engadget : WSJ: Facebook's cryptocurrency finds backing from PayPal and Uber Daniel Palmer / CoinDesk : Facebook Hires Standard Chartered Bank Lobbyi...