It's a battle of bulls versus bears as the market gets a grip on reality, says Brent Xu, CEO of DeFi lender Umee. ALSO: CoinDesk columnist Daniel Kuhn writes that Elon Musk had the crypto world's attention again this week, but whether he helps DOGE is questionable at best.
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Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital
Gryphon sent $500,000 worth of its business partner's bitcoin to a hacker pretending to be Sphere 3D's CFO, the lawsuit claims.
First Mover Asia: Crypto Liquidity Providers Can Be Profitable by Considering Trade Volume, Volatility and Other Factors, Data Firm Says
ALSO: Ether falls but still outperforms bitcoin for another day as investors look with hope at the Shanghai upgrade.
Binance Rejected Justin Sun’s Offer to Buy His Huobi Stake: Source
Binance has no interest in buying Huobi due to its rumored ties to China, according to a person familiar with the situation.
Ether Price Swings Upward After Ethereum Upgrade, but What About the Future?
The price increase addresses the question of whether ether would rise or fall following the completion of the hard fork.
Do Kwon's Millions Are Not in South Korea, Prosecutors Say: Report
South Korea has requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro.
Crypto Exchange Bitget Starts $100M Asia-Focused Web3 Fund
The firm started its fund as more crypto projects seek non-U.S. jurisdictions.
A Mysterious A16z Tweet Sparked a Rally in Crypto Project Optimism's OP Token
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.â€
Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm
The settlement follows an investigation into Robinhood platform outages in March 2020 spearheaded by a regulators in seven states including California and Alabama.
Is Chief Twit Elon Musk Also Top DOGE?
He's done it again, so we're covering it again. Please kill me.