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.

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.

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.

Justin Sun explains why he sent $100M to Huobi

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.

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.

Actor's portrayal of Gemini's founders losing their stake in Facebook

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.

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.

DeFi

Proof of Reserves Are a Stupid Half Measure

Proof of reserves is a naive approach to trying to ensure exchanges are solvent. What people really want is regulation.

DeFi

Binance v Coinbase FUD

Binance has been spreading FUD around the crypto ecosystem, but they've found Coinbase is untouchable.

DeFi

Cardano's DeFi & Stablecoin Ecosystem Ardana Halts Development

Ardana (DANA), a once-exciting new stablecoin and DeFi ecosystem on the Cardano blockchain, has halted development.

DeFi

Bankruptcy Expert: FTX Is Worse than Enron

The Bankruptcy expert who let Enron through bankruptcy says FTX is worse than anything he's seen in his career...

DeFi

Billions Flow Out of Crypto Exchanges in Wake of FTX Collapse

Investors withdrew ~$20B in crypto from centralized exchanges (CEXs) over the last two weeks in response to the collapse of FTX and Alameda.

DeFi

FTX Contagion Spreads to Genesis Global, Gemini, and GOPAX

The Gemini Earn yield farming program halted withdrawals last week following a bank run on lending services provider Genesis Global Capital.

DeFi

FTX was Solana’s Biggest Backer. What now?

Solana's entire ecosystem was built, propped up, and in part reliant on FTX and Alameda Research. What now?

DeFi

Where In the World is Sam Bankman-Fried?

There are rumors that Sam Bankman-Fried has been trying to flee his home in the Bahamas, and is under local authority supervision.

SBF steps down as head of FTX and Alameda Research

DeFi

FTX Dies Following Bank Run & Collapse of Its Infinite Money Printing Scheme

The FTX exchange collapsed because SBF allegedly stole funds from its depositors to fund his insolvent hedge fund, Alameda Research.