FTX Reaches $45M Deal to Sell Interest in Sequoia to Abu Dhabi’s Investment Arm
The agreement requires approval from a Delaware bankruptcy court as failed exchange seeks to raise funds for creditors.
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Silvergate Collapse Dragging Down Bitcoin Volume
Data from CryptoQuant shows that active addresses and transfer volume have seen significant declines as Silvergate weighs heavy on the market.
Polygon, Solana Lead Majors Slide Amid Bitcoin Weakness
Bitcoin dumped Thursday on the back of multiple catalysts that contributed to selling pressure.
Biden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole
U.S. President Joe Biden’s proposed budget will include a provision to close tax loss harvesting on crypto transactions.
Crypto Stakeholders Say No Exposure to Shuttered Silvergate
Binance, Coinbase, OKX, and Paxos have all released statements.
Yuga Labs’ Otherside Metaverse to Launch Second Trip on March 25
The Bored Ape parent company will allow up to 10,000 holders of its Otherdeed NFTs to participate in the second gamified test of its Otherside metaverse platform.
U.S. Government’s $1B Bitcoin Transfer Spooks Investors, Bitcoin Dips
The price of bitcoin dipped below 22,000 early Wednesday after authorities moved some of the bitcoin to Coinbase-controlled wallets.
Bitcoin Slips to 3-Week Low as Market Sees Federal Reserve Lifting Rates to 5.65%
The Fed funds futures show traders pricing in a higher-for-longer interest rates mantra by the Fed.
Shiba Inu Layer 2 Blockchain Shibarium to Release Beta Version This Week
Ecosystem tokens jumped following confirmation from Shibarium developers.
Curve Yield Farmers Rush to Deploy $60M on Newly Launched Conic Finance, Capture 21% APY on USD Coin
Conic is the latest player in the game to offer unlocked yield rewards from the prominent DeFi protocol Curve to users.