TORN fell from $3.90 to $1.66 after Binance announced it would no longer carry the coin.
Inflows into Bitcoin investment products reach $1.5B year-to-date
Inflows into digital asset products rose for a ninth consecutive week, according to CoinShares.
Blast network hits $400M TVL, rebuts claim that it’s too centralized
The Blast team responded to claims that it’s multi-signature upgrade functionality makes it too centralized.
Square Enix announces auction dates for Symbiogenesis NFTs
The company said Symbiogenesis NFTs will be auctioned off in three separate phases.
KyberSwap attacker used ‘infinite money glitch’ to drain funds — DeFi expert
By exploiting a bug, the attacker caused liquidity to be “double-counted,” allowing them to get an unfair price for a swap.
CoinFLEX creditors dissatisfied with restructuring to OPNX: Report
CoinFLEX creditors claim former CEO Mark Lamb and the OPNX exchange “misappropriated” their assets in a court filing.
Binance CEO’s downfall is ‘the end of an era’ — Charles Hoskinson
The Cardano founder claimed that crypto entrepreneurs must comply with regulation or use completely decentralized systems in the future.
Pancakeswap implements new ‘Gauges’ voting system and sunsets vCAKE metric
The decentralized exchange launched a new feature that allows governance token holders to vote on which pools will receive the most rewards.
Binance charges prove ‘following the rules’ was the right decision: Coinbase CEO
Brian Armstrong reflected on the announcement of criminal charges against Binance, stating that Coinbase’s decision to get licenses was correct.
Circle launches ‘bridged USDC standard’ for deploying to new networks
Circle published a new standard that allows developers to launch an unofficial bridged version of USDC that can later become native and official.
US Justice Dept. is reportedly ready to settle with Binance for $4 billion
According to a report, an agreement to settle Justice Department charges against the company may be settled by the end of the month.
OpenAI staff tells board to resign after Sam Altman ousting: Report
505 out of 700 employees reportedly signed a letter stating that the board has undermined the company’s mission by firing Altman.
Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO
The board of directors removed Altman on the grounds that he was allegedly “not consistently candid in his communications with the board.”
Vivek Ramaswamy unveils crypto policy platform criticizing mixer sanctions
The Republican candidate claimed that mixers are protected by the U.S. Constitution’s First Amendment.
46% of crypto lost from exploits is due to traditional Web2 flaws — Immunefi
The security platform released a report categorizing Web3 exploits in 2022, concluding that nearly half came from “infrastructure” or centralized elements.
Layer 2 networks hit $13B TVL, but challenges still remain
Data from L2Beat shows that layer 2s are seeing greater adoption than ever before as users continue to desire lower gas fees.
Opyn DeFi protocol founders are leaving crypto after CFTC crackdown
Two of the founders of crypto options platform Opyn are stepping down from leadership roles to pursue other aims, but Opyn will continue under new leadership.
OKX launches Ethereum layer-2 testnet using ZK-based Polygon CDK
The “X1” network will be part of the Polygon ecosystem and use zero-knowledge proofs to bridge assets from Ethereum.
Uniswap launches Android wallet app with built-in swap function
The Uniswap Android app has finished beta testing and is now publicly available.
Lightspeed Faction launches $285M startup fund for crypto projects
The crypto-oriented venture capital firm announced a fund that will invest in Seed and Series A rounds for promising blockchain projects.