Fenbushi Founder Bo Shen Loses $42M in Stablecoins, Bitcoin, Ethereum to Hackers
Notable Chinese venture investor Bo Shen revealed he lost $42 million worth of crypto as a result of a theft from his personal wallet.
Tornado Cash developer Alexey Pertsev to stay detained until next year’s hearing
A Dutch court hearing ruled that the Tornado Cash developer would be held for another three months as the investigation continues.
Cathie Wood’s Ark Invest Scoops Another $1.4M of Grayscale Bitcoin Trust
Ark Invest has made back-to-back investments in Grayscale’s Bitcoin Fund despite the asset’s massive discount.
First official DAO in the US to fight SEC without attorneys
American CryptoFed DAO begins litigation battle with SEC over 2021 token registrations, opts not to have attorneys in a fight for registration.
Billionaire Bill Ackman Does U-Turn on Crypto, Reveals Helium Investment
The billionaire founder of Pershing Square revealed that he’s a “small direct investor” in crypto projects including wireless network Helium.
GBTC Bitcoin discount nears 50% on FTX woes as investors stock up
GBTC shares keep getting cheaper versus Bitcoin — an ideal reason to buy for ARK Invest and Lawrence Lepard.
This Week in Coins: Bitcoin Avoids Heavy Losses as FTX Contagion Spreads
This week saw continued FTX fallout week as many crypto companies confessed the extent of their exposure to the collapsed empire.
What are soulbound tokens (SBTs) and how do they work?
Soulbound tokens (SBTs) refer to digital identity tokens that represent the characteristics or reputation of a person or entity.
Twitter’s Crypto Engineering Lead Resigns as Staff Numbers Dwindle
Elon Musk’s order that employees either become “extremely hardcore” or leave has led to mass resignations.
FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong
The Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services.