ArkotNews

Gryphon sent $500,000 worth of its business partner's bitcoin to a hacker pretending to be Sphere 3D's CFO, the lawsuit claims.

Trading volume on DEXs rose to $133.1 billion in March, the third straight monthly increase, according to DefiLlama.

Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, and it had more than 200 employees. Behind the scenes, though, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim, and the smell of cannabis permeated the office.

The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.

The brothers had tried to get outside investment, Bloomberg said.

There was not a mass unlock of staked ETH, as some predicted, boding well for Ethereum and liquid staking derivatives.

In a CoinDesk interview, Colin Brady, chief creative officer at AMGI Studios, talks about how Web3 and AI will change movie-making, and why big studios fail to adopt new technologies.

‘White hat’ hackers are working to recover more of the stolen funds as of Monday.

Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.

The tweet spurred speculation that the notable venture capital firm could launch its own Optimism-based layer 2 blockchain. A16z crypto’s CTO tweeted: “not an L2.”