Multicoin says co-founder and Managing Partner Kyle Samani is stepping back from the crypto-focused VC firm and “has transitioned to an advisory role”
Quick Take — Kyle Samani, known for his early investment in Solana as part of Multicoin, is stepping back from the crypto-focused venture capital firm.
The US CFTC launches a pilot program that allows bitcoin, ether, USDC, or other payment stablecoins to be used as margin collateral in US derivatives markets
So Why's BTC Stuck At $90,000? Ronaldo Marquez / Bitcoinist.com : New CFTC Crypto Initiative: Bitcoin, Ethereum, To Serve As Collateral In Derivatives Trading Oluwapelumi Adejumo /...
President Trump picks Michael Selig, the chief counsel for the SEC's crypto task force, to chair the CFTC, amid a crypto push
market structure legislation needs to cross the finish line to deliver clear, workable rules for builders and consumers. Mike's leadership will be a major asset. Bill Hughes / @bil...
Source: President Trump has picked Michael Selig, the chief counsel for the SEC's crypto task force, to chair the CFTC, amid a crypto push
market structure legislation needs to cross the finish line to deliver clear, workable rules for builders and consumers. Mike's leadership will be a major asset. @perkinscr97 : Gre...
Figma's stock closes up 250% at $115.50, after Figma sold shares at $33 in its IPO, hitting a ~$68B valuation; Adobe's $20B Figma acquisition fell apart in 2023
Figma's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO.
Elon Musk's gamble on Donald Trump pays off, as Trump wins the race; Trump gave Musk a lengthy shout out in his victory speech, calling him “a super-genius”
“A star is born: Elon,” said Donald Trump in a lengthy shout out to his biggest donor while claiming victory in the US presidential race on Wednesday morning.
Crypto lender Genesis and related companies complete their bankruptcy restructuring and begin distributing ~$4B in digital assets and cash to creditors
I feel pretty taken advantage of here and down more money than I care to admit through this FTX
Bankruptcy filings: FTX CEO John J. Ray III, who oversaw Enron, condemns SBF's “unprecedented” management, describing a “complete failure of corporate controls”
The former FTX CEO's unconventional style is under the spotlight as bankruptcy professionals pore over the exchange's collapse.
On-chain data from Ethereum, Tron, and Solana: FTX appears to have stopped processing withdrawal requests, starting at 6:37am ET for ether
- Crypto exchange FTX seems to have stopped processing withdrawal requests, according to on-chain data. — The last outgoing transaction …
Coinbase plans to shut down its standalone, trader-focused Pro service by the end of 2022 and replace it with Advanced Trade as part of its main app and website
manual trading, staking and API trading. https://blog.coinbase.com/... @rager : Coinbase phasing out Pro Even though they fail often I still use Coinbase Pro as a means to quickly ...
Coinbase plans to shut down its standalone, trader-focused Pro service by the end of 2022 and replace it with Advanced Trade across its main app and website
The standalone service will be replaced by Advanced Trade, a feature within the main Coinbase app.
Sources: crypto hedge fund Three Arrows Capital faces an uncertain future after a $400M liquidation; CEO Zhu tweeted we are “committed to working this out”
The future of crypto hedge fund Three Arrows Capital hangs in the balance as the firm faces potential insolvency after being liquidated by its lenders. Source: @zhusu .
Coinbase will begin letting a “small set” of users access Ethereum-based decentralized apps directly from its app
The move will let Coinbase users purchase NFTs, trade on decentralized exchanges and borrow and lend on various DeFi platforms. Source: The Coinbase Blog .
The Ronin Network, which supports Sky Mavis' Axie Infinity game, says it was hacked, and 173,600 ETH and 25.5M USDC was stolen, worth $600M+; RON is down ~20%
It may be the largest exploit in DeFi history. — The latest crypto hack may be the largest yet.
OpenSea acquires crypto lending APIs startup Dharma Labs, which will shutter its wallet in 30 days; source says the deal was valued between $110M and $130M
Frank Chaparro / The Block :
Coinbase launches a DeFi yield product for non-US customers in over 70 countries, after US regulators effectively killed plans for its Lend program in September
Bloomberg :
Microsoft will bring its mixed reality platform Mesh with 3D avatars and VR support to Teams in the first half of 2022
Microsoft and Meta are on a collision course for metaverse competition — Microsoft is entering the race to build a metaverse inside Teams, just days after Facebook rebranded …
Sam Altman's Worldcoin launches its cryptocurrency that it gives in exchange for users' eye scans, says it has 100K users globally and is valued at $1B
- Tech millionaire Sam Altman's new start-up Worldcoin uses orb-shaped devices to scan people's eyes in exchange for free cryptocurrency.
Sam Altman's Worldcoin launches its cryptocurrency that it gives in exchange for users' eye scans, says it has 100K users globally and is valued at $1B
Introduction Field Tests: Towards 1 Billion Sign-Ups & Beyond Solving the …