Nicholas Scalf

DeFi

US Treasury Sanctions Tornado Cash; Dusting Attack Follows

The US Treasury just sanctioned Tornado Cash, and a number of associated wallets. In response, someone performed a dusting attack to high profile individuals.

DeFi

Helium Lied about it's Partners, Salesforce and Lime are out; Revenue Worries

Helium had listed Salesforce and Lime as partners—these two companies said they are not in partnership. All while Helium's revenue decline to $6.5k/month.

DeFi

Ongoing Solana Ecosystem Hack, Suspected Compromised Private Keys

There is a major ongoing hack in the Solana ecosystem, which is believed to be related to compromised private keys. Here's how to protect yourself.

NFT

VeeFriends raises $50M from a16z

VeeFriends, a top 30 NFT project from Gary Vaynerchuk, just raised $50M from investors including a16z.

DeFi

Algorand CEO is leaving, COO Moving Up

The Algorand CEO is leaving and the current COO is taking over the interim CEO position effective immediately.

DeFi

Audius Treasury Hacked for 18.5M AUDIO, $6M

18.5M AUDIO tokens were hacked from the Audius community treasury, worth $6M (2.5% of total token supply).

DeFi

Why the Coinbase Insider Trading Charges are a Big Deal

The SEC and DOJ have brought charges on individuals who have allegedly engaged in insider trading from within Coinbase.

DeFi

Is Optimism a Good Investment? Probably Not Right Now

Optimism's aggressive token issuance schedule makes it a tough investment, as it is expected to 10x its supply soon.

DeFi

Infamous Crypto Bank Celsius Files for Bankruptcy

Crypto lender and psuedo-bank Celsius just filed bankruptcy after weeks of turmoil, largely due to the fallout from Three Arrows Capital and UST.

DeFi

Three Arrows Capital Assets Details, Founders Missing

New documents reveal more info about Three Arrow Capitals holdings, and that the founders are missing from Singapore.

DeFi

Axie Ronin Hack Caused by Fake Job Offer–$540M Stolen

The Axie Infinity Ronin bridge hack was caused by an engineer opening up a fake job offer letter.

DeFi

Roger Ver Liquidated, CoinFLEX Tokenizes and Sells his Debt

CoinFLEX has pointed the blame for their liquidity problems to a wealthy individual who owes the exchange $47M USDC. Now they've named that individual as Roger Ver.

Regulation

EU Arrives at Provisional Crypto Tracking Terms

The EU has come to terms on aggressive crypto tracking terms which will require KYC for all crypto exchanges in and out of centralized exchanges.

DeFi

Russia is Launching Crypto Based International Banking Infrastructure

Russian tech and manufacturing giant Rostec has announced that they're launching a SWIFT competitor build on blockchain.

DeFi

Sam Bankman-Fried and the 1907 Knickerbocker Crisis

Sam Bankman-Fried is taking a lesson from JP Morgan and the 1907 Financial Crisis by offering liquidity to distressed exchanges.

DeFi

The World’s Most Successful Hedge Fund Melts Down

Three Arrows Capital (3AC), once considered the world’s most successful crypto hedge fund, seems to be the next crypto giant to become insolvent.

DeFi

Circle Launching European Stablecoin EUROC

Circle, the stablecoin giant behind USDC, announced they are launching a Euro-pegged stablecoin, EUROC. EUROC is launching June 30th 2022.

Bitcoin (BTC)

BTC Miners Sell Off as Prices Fall, Expenses Rise

A series of market issues are causing BTC miners to sell their coins and halt expansion plans.

DeFi

First Full Ethereum Merge Test is a Success

The first full test of what has been dubbed “The Merge,” moving the blockchain to Proof of Stake, was a resounding success.

DeFi

Stablecoin Aftershocks From LUNA and UST’s Collapse

Japan has introduced a bill banning algorithmic stablecoins, and Tron's USDD stablecoin has become over collaterallized.

NFT

Bored Ape Yacht Club Discord Hacked, Millions Stolen from Members

The Bored Ape Yacht Club Discord was hacked, resulting in users losing millions in NFTs and ETH to a phishing scam.

DeFi

LUNA 2.0: Do Kwon and Terraform Labs Run It Back

The Terraform Labs team has relaunched LUNA as LUNA 2.0, and has began airdropping tokens to "LUNA Classic" and "UST Classic" holders.

DeFi

Legal Trouble for Terra LUNA Founder Do Kwon

As the Terra LUNA/UST saga unfolds, it’s looking more and more like Terra founder Do Kwon will be held accountable for some of the damage.

Bitcoin (BTC)

What Is 10k Bitcoin Pizza?

What Is 10k Bitcoin Pizza? Every year the crypto community celebrates the first real world purchase with Bitcoin---2 pizzas for 10k Bitcoin.

NFT

Instagram Is Rolling Out NFT Support

Instagram has begun rolling out their NFT integrations, pulling info from crypto wallets and tagging ownership.