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Meta Says It Still Believes in Metaverse—Stock Is Down 64% Since Name Change
The social media giant has dumped billions into its nascent metaverse project so far, with little to show for it.
Imprisoned Sam Bankman-Fried May Relent in Extradition Fight: Reports
After four days facing "harsh" conditions in a Bahamanian prison, SBF may be open to returning to the USA.
Dutch Bitcoin Exchange Bitvavo Alleges Digital Currency Group Is Having ‘Liquidity Problems’
DCG subsidiary Genesis still has a withdrawal freeze on its lending arm, and Grayscale’s Bitcoin fund is trading at record discounts.
This Week in Coins: Bitcoin and Ethereum Fall With Stocks, Dogecoin Dives 20%
Crypto’s top coins spiked earlier this week, then plummeted off interest rate updates from the Fed. DOGE got hit the hardest.
Core Scientific Stock Price Doubles Following $72M Financing
The latest financing should help the embattled miner, who has struggled with deflated Bitcoin prices and exposure to defunct lender Celsius.
Why a Payload of NFTs Was Just Sent to the International Space Station
Dreambound Orbital's first mission today sees a trove of NFTs from Magic Eden, World of Women, and other projects orbit the Earth.
Cathie Wood's Ark Invest Snaps Up Another $11.9M in Coinbase Stock
Ark Investment’s funds scooped up another 297,000 shares in America’s largest cryptocurrency exchange Coinbase on Wednesday.
Australia to Launch Crypto Licensing Regime to ‘Modernize’ Financial System
Australia's move to rope in crypto into a new licensing regime is part of the Treasury's ambitions to "modernize" its financial system.
CFTC Must Serve Ooki DAO Founders: California Judge
A California court ruled that the CFTC needs to notify a specific token holder within the Ooki DAO rather than the entire DAO.
Coinbase Stock Hits New All-Time Low Amid Plummeting Yearly Revenues
Coinbase’s stock (COIN) continues to slide as the exchange braces for year-end figures that grossly underperform its 2021 numbers.
How MNTGE Is Bringing Authentic Vintage Fashion Into the Metaverse
Retro fashion and streetwear are 3D-scanned and turned into digital wearables under the keen eye of designer Sean Wotherspoon.
Reddit Users Have Minted More Than 5 Million NFT Avatars on Polygon
Reddit’s NFT program is onboarding users into Web3, with more than 4.25 million unique wallets holding the Polygon assets.
'Abnormal' Altcoin Trading on Binance 'Just Market Behavior,' Says CEO
The company says the observed activity had nothing to do with compromised accounts or leaked API keys.
gm: Tezos Co-Founder Kathleen Breitman Sounds Off on FTX Collapse
Tezos co-founder Kathleen Breitman has been in crypto since the beginning and has seen a lot of cycles and failures. She joined Stacy Elliott and Dan Roberts and brought the fire on FTX and Sam Bankman-Fried’s mismanagement, “decentralization theater,” Tezos’s reputation and positioning, crypto sports marketing, and NFTs. Watch Episode 25 of the gm podcast and make sure to subscribe on Apple or Spotify.
'No One Won': Binance CEO CZ Again Clashes With Sam Bankman-Fried
Relitigating the past, Binance boss CZ and ex-FTX CEO SBF again trade barbs over a business deal gone bad.
Banking Committee Chair: US Regulators Should ‘Maybe’ Ban Crypto
Senator Sherrod Brown added, though, that banning cryptocurrencies would be “very difficult” as activity would go offshore.
Trump NFT Prices Nosedive, Then Soar, as SNL Skewers Them
The floor price of the former president’s “digital trading cards” hit a pothole over the weekend.
Trump's NFT Rollout Went Exactly as You'd Expect
The Trump show is back! This time clad in cowboy dusters and astronaut suits, and finally available on the blockchain.
Solana DeFi Exchange Raydium Hacked for Over $2 Million
The attacker appears to have used the protocol’s own private keys to drain liquidity pools. It’s unclear how they got them.
New York Banking Regulator Sets Crypto Guidelines in Wake of FTX
Banks in the state must now submit a business plan to the NYDFS if they want to deal with crypto.
Sam Bankman-Fried in 'Good Spirits' in Rat-Infested Prison
The FTX founder has spent two days in sick bay at the Bahamas’ Fox Hill prison, where he will remain until a hearing in February.
Bahamas Regulators Slam New FTX Chief For ‘Key Misstatements’
The Caribbean regulator claims John J. Ray III may be saying things to “advance questionable agendas.”
Financial Stability Board to Hold Crypto Providers to ‘Same Standards as Banks’
The FSB's proposed rules come as many jurisdictions, such as the UK and European Union, finally clarify their regulations around crypto.
Apple Plans to Allow External iOS Apps in Boon for Crypto, NFTs
The tech giant plans to let iPhone and iPad users install apps from outside the App Store, a new report claims, due to EU regulations.
SEC Charges Sam Bankman-Fried for Allegedly Defrauding FTX Equity Investors
A day after Bankman-Fried was arrested in the Bahamas, the U.S. SEC has now charged the founder with defrauding equity investors in FTX.
The Knights Who Say Nah are Turning Historical Artifacts Into NFTs
This NFT collection is blending PFPs, digitized historical artifacts and storytelling to create a unique narrative project.
SEC Chair Gary Gensler Must Testify Before Congress, Says Rep. Tom Emmer
The Minnesota representative said Gensler’s agency has failed to gather critical information from crypto companies.
Lawsuit Alleges Yuga Labs Conspired With Celebs Like Justin Bieber to Push Bored Ape NFTs
The class action suit alleges that MoonPay and Guy Oseary worked with Yuga Labs to covertly pay celebrities to boost the popular NFT project.
This Week in Coins: Bitcoin and Ethereum Flat Again, Axie Infinity Sees Rare Jump
Bitcoin and Ethereum traded sideways all week, with the market offering only a few green shoots. Elsewhere, SBF looks set to testify on Tuesday.
Crypto Brokerage FalconX Discloses It Has Funds Stuck on FTX
In the event of a worst-case scenario, FalconX said it has “decades of runway,” meaning that it has enough capital on hand to continue operating.