Crypto Briefing

Binance has announced its Industry Recovery Initiative Other companies including Polygon Ventures and Animoca Brands also contributed Binance's plan comes after the collapse of FTX Binance said today...

GMX is one of several DeFi protocols to receive a boost as trust in centralized exchanges is called into question following FTX's meltdown.Key Takeaways The decentralized futures platform GMX has seen...

Several companies have been impacted by FTX's ongoing collapse and are taking action to deal with the fallout.Key Takeaways Visa has announced that it will break off its partnership with FTX following...

Months after Terra, Three Arrows Capital, and a host of other industry-leading firms imploded, the crypto space has been hit by another major wipeout. What can we learn from the crisis?Key...

One of the biggest dramas in cryptocurrency history continues. Over $400 million was drained from the bankrupt crypto exchange early Saturday.Key Takeaways FTX has been hacked. Over $400 million was...

Tether is freezing USDT wallets belonging to FTX. At least 46,360,701 USDT has been blacklisted so far. Tether is reportedly freezing funds by request from law enforcement. Centralized stablecoin...

The popular lending company is restricting user access to funds.Key Takeaways BlockFi has announced that it will halt withdrawals following uncertainty around FTX's financial standing The company said...

Solana tokens and NFTs are getting crushed following the news of FTX’s downfall, and on-chain data suggests more pain is ahead.Key Takeaways The Solana ecosystem suffers from the recent news and...

Changpeng “CZ” Zhao and Sam Bankman-Fried jointly announced Binance’s plans to acquire FTX Tuesday. The impact on the crypto market has been severe.Key Takeaways Binance has signaled...

Rumors that the FTX-affiliated trading firm Alameda Research is facing insolvency have caused users to withdraw funds from the FTX exchange en masse.Key Takeaways FTX's FTT token has broken critical...

The implications behind Binance’s acquisition of FTX rocked the crypto market generally and FTX-backed tokens more specifically.Key Takeaways Binance's planned acquisition of FTX has sent...

The U.S. Treasury has updated its sanctions against the coin mixer.Key Takeaways The U.S. Treasury and its OFAC department have redesignated the sanctioned coin mixer Tornado Cash The Treasury related...

The midterm elections are upon us—here's what the results could mean for the future of cryptocurrency in the U.S.Key Takeaways U.S. midterm elections are happening today, and the results will be...

The DOJ added more than 50,000 BTC to its stash last November, meaning the U.S. government currently owns 214,046 BTC at minimum The DOJ announced today that it seized 50,676.17 BTC from a Silk Road...

After Aptos' mainnet launch and big airdrop last month, several new applications are launching on the blockchain, many of which have hinted at potential airdrops of their own.Key Takeaways Hundreds of...

Solana made several big announcements at its Breakpoint conference this weekend. However, SOL didn’t take much notice.Key Takeaways Solana made a number of big announcements at Breakpoint this...