Suku May Beat Musk to Crypto Twitter Payment Adoption
Last week, Web3 wallet Suku teamed up with Polygon to release a free open-edition NFT collection – during which users minted over 50,000 NFTs on Twitter.
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Federal Reserve Hikes Fed Funds Rate by 25 Basis Points
The move was fully anticipated by market participants who will now look to Chairman Jerome Powell’s imminent post-meeting press conference for clues about whether the central bank intends to continue tightening monetary policy.
Reddit Brings In Good Karma With Gen 4 Collectible NFT Avatars
The latest release of colorful interpretations of the platform’s “Snoo” character is titled “Retro Reimagined.”
Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars
Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the transactions.
DeFi Headed Toward a ‘Major Resurgence,’ Tribe Capital’s Boris Revsin Says
The managing partner of the $1.6 billion investment firm says infrastructure is the key to turning crypto into a $10 trillion industry.
Crypto Firm Flashbots Raises $60M in Paradigm-Led Round
The new capital will help develop the SUAVE decentralized platform for maximal extractable value (MEV).
U.S. DOJ Needs 6-8 Weeks to Process Evidence Against Celsius’s Former CEO, Attorneys Tell Judge
The U.S. Department of Justice (DOJ) asked a federal judge for six to eight weeks to produce evidence for its case against Alex Mashinsky, the founder and former CEO of crypto lender Celsius.
Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”
Crypto Exchange KuCoin to ‘Adjust Some Personnel as Needed’, but Denies Report of Major Layoffs
A report circulated on Twitter on Tuesday that the exchange plans to eliminate 30% of its workforce amid declining profit.
Judge in FTX Case Orders Gag on Contact with Media
Sam Bankman-Fried. (Elizabeth Napolitano / CoinDesk)