Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.
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S. Korean Crypto Exchange Gdac Hacked for Nearly $13M
The exchange said hackers transferred the crypto assets from a hot wallet to an unidentified wallet.
Crypto Exchange Zipmex Files for Two-Month Moratorium Extension
The request comes after an investor failed to maintain payments to the exchange.
Crypto’s Decentralized Exchanges Had Most Volume in 10 Months Amid U.S. Crackdown in March
Trading volume on DEXs rose to $133.1 billion in March, the third straight monthly increase, according to DefiLlama.
Crypto Companies May Use a Supreme Court Doctrine to Push Back Against SEC: Lawyer
The high court's "major questions doctrine" could be used to limit the regulator's actions against crypto, said Jason Gottlieb, a partner at Morrison Cohen LLP.
Bitcoin's Tight Correlation With Nasdaq-SPX Ratio Muddies Safe-Haven Narrative
Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.
Winklevoss Twins Lent Their Crypto Platform Gemini $100M: Bloomberg
The brothers had tried to get outside investment, Bloomberg said.
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.
ROOK Investors Begin Swapping Tokens for $25M Crypto Treasury
Rook Labs and activist investors reached a deal that returns millions of dollars to the former DAO.
Inventor of Ethereum’s ERC-20 Token Standard Plans New Blockchain ‘LUKSO’ for Creative Types
Fabian Vogelsteller is launching his new project, a layer 1 blockchain “LUKSO,†and validators will be able to join the network through the Genesis Validator Smart Contract Deposit.