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DeFi

Where in the World is Ethereum?

We broke down where the bulk of Ethereum nodes are run, and the amount of centralization is pretty surprising.

DeFi

Genesis Files for Bankruptcy, Winklevoss Wants Criminal Investigations

Genesis files for bankruptcy, but the Winklevoss twins wants a full fraud investigation.

NFT

$3k Floor Price for ~2 Weeks of Access to the Bored Ape Arcade Game

Bored Ape's parent company, Yuga Labs, released a simple arcade game, and access for two weeks of gameplay is selling for more than $3k.

DeFi

1inch Is Making Its Own Touchscreen Hardware Wallet

DEX aggregator and crypto wallet company 1inch announced it will be selling its own hardware wallet later this year.

DeFi

Ethereum Full Steam Ahead to Shanghai Update

The Ethereum all developer call confirmed that Shanghai is on track for release, but that's only because of what they cut.

Bitcoin (BTC)

Coinbase is Cutting 20% of its Staff… Again

Coinbase is once again laying off about 1/5 of their total workforce due to poor macroeconomic situations, and declining trading volumes.

NFT

Game of Thrones NFTs Sell Out in 7 Hours

Earlier this week, Game of Thrones dropped an official NFT collection on NFT platform Nifty's. It sold out in about 7 hours.

DeFi

Next Bank Run: Nexo's Office Raided By Bulgarian Authorities

Bulgaria's National Investigation Service and Sofia police raided CeFi lender Nexo's office, potentially kicking off CeFi's next bank run.

DeFi

FTX Is Trying to Un-Steal Money by Un-Donating It

FTX is trying to reclaim stolen user funds by taking back donations to non-profits, many used for vaccine research and disease prevention.

Bitcoin (BTC)

Shifting Inflation Rates to Watch in 2023

Bitcoin's inflation rate will be below the inflation rate of gold next year, and other cryptocurrencies have shifting inflation rates to watch.

NFT

How to Short NFTs without Having to Buy Them

You can short blue chip NFT projects like CryptoPunks and Bored Apes using nftperp, a new type of perpetual futures exchange for NFTs.

DeFi

Huobi Bank Run: Justin Sun Injects $100M in Stablecoins

As the bank run on Huobi intensifies, Justin Sun sent $100M in USDT and USDC from Binance to Huobi.

DeFi

Everyone Wants SBF's $450M in Robinhood Shares

FTX's CEO went to court in Delaware to stake his company's claim over SBF's shares in Robinhood–worth about $450M today.

NFT

How to Write Off your NFTs as Tax Losses

There are now tools popping up which allow you to sell your NFTs for $0.01, allowing you to write off the entire purchase price on your taxes.

DeFi

Did Caroline Ellison Already Flip on SBF?

There is an increasing amount of evidence that Caroline Ellison is cooperating with the prosecution against Sam Bankman-Fried.

DeFi

Is Binance.US Sending American Customers' Funds Offshore?

Binance.US is allegedly transferring American customers’ funds offshore and executing trades using liquidity from Binance’s offshore operation.

DeFi

Millions of Gemini Users' Emails and Phone Numbers Were Leaked

Centralized exchange Gemini lost almost 6M of its customers' email addresses and partial phone numbers.

DeFi

Did Terra LUNA Depegged UST Themselves?

An internal audit showed that Terra LUNA aggressively withdrew liquidity days before the attack depegged UST.

DeFi

New EU Regulations Limit Transactions Over €1k

The European Union has passed a bill severely limiting all crypto transactions.

DeFi

Nigeria Sets a Limit on Cash Withdrawals, Pushes Its CBDC

The Central Bank of Nigeria issued a directive that will limit how much cash individuals and corporations can withdraw from their bank accounts.

DeFi

Ethereum's Shanghai Fork (with ETH Un-Staking) Set for Q1 '23

Ethereum devs said the Shanghai fork–which will allow ETH stakers to withdraw their staked ETH and rewards–could come as early as March 2023.

Hut8 Slashes BTC Mining Due to Energy Provider

Canadian Bitcoin Miner Hut8 was forced to halt operations on roughly 20% of it's miners due to an ongoing dispute with their energy provider.

NFT

Uniswap Launches an NFT Marketplace Aggregator

Uniswap launched and NFT Marketplace Aggregator this week pulling in listings from all of the major NFT Marketplaces.

NFT

Apple Forces Coinbase Wallet App to Remove NFT Transfers

Coinbase Wallet disabled NFT transfers in its iOS app on Thursday. Apple wants Coinbase to pay a 30% fee on all the gas fees for NFT transfers.

DeFi

BlockFi Is Bankrupt and Suing SBF

Centralized lending platform BlockFi filed for bankruptcy yesterday. The firm also plans to sue Sam Bankman-Fried for his Robinhood shares.