The proposed recovery plan for FTX customers reveals the inadequacies of current US bankruptcy laws when applied to crypto cases.

In a move that comes as a surprise to many, Grayscale has withdrawn its application for an ether futures ETF just three weeks before the SEC would have been forced to hand out a verdict on the approval of at least one spot ether ETF.

FTX creditors will receive the entire value of their claims, plus “billions in compensation for the time value of their investments.”

Just 1.4% of all crypto users are involved in DeFi, underscoring the difficulty of winning retail investors over to the opaque asset class.

Memecoins have been the most profitable investment of the year, and these traders believe they still have a lot of potential.

Bybit will accept USDe as collateral on its platform, aiming to grab market share from USDT and offer yield to crypto traders. 

Early users of projects have increasingly been able to receive additional token allocations in airdrops by complaining loudly and often.

Just 1.4% of all crypto users are involved in DeFi, underscoring the difficulty of winning retail investors over to the opaque asset class.

Optimism is welcoming layer 3 builders to its Superchain initiative, with plans to introduce custom gas tokens and data availability layer optionality so developers can spin up low cost chains.

EIP-7702, which is meant to enable externally owned accounts to temporarily become smart contract accounts, was largely the result of intense discussions among Ethereum builders over previous improvement proposals.

In a move that comes as a surprise to many, Grayscale has withdrawn its application for an ether futures ETF just three weeks before the SEC would have been forced to hand out a verdict on the approval of at least one spot ether ETF.

MODE is the latest token to see its price decline right after its airdrop.

This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!

Magic Eden recently surpassed OpenSea in weekly trading volume for the first time, highlighting how the competitive landscape among NFT marketplaces is continuing to shift. 

This week in crypto: Renzo’s ezETH depegging crisis, Changpeng Zhao faces SEC penalties, Grayscale introduces Bitcoin Mini ETF, and more!

This week in crypto: Senators target stablecoin legislation, heightened scrutiny on CFTC Chair’s previous dealings, advances in Ethereum layer 2 solutions, Uniswap’s risky fee increase strategy, Bitcoin’s rising dominance in fees, and more!

The proposed recovery plan for FTX customers reveals the inadequacies of current US bankruptcy laws when applied to crypto cases.

House Chair Patrick McHenry said that SAB 121 was “one of the most glaring examples of the regulatory overreach that has defined Gary Gensler’s tenure at the SEC.”

The Clarity of Payment Stablecoins Act of 2023 aims to regulate stablecoins and their issuers in the United States.

This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!

The proliferation of Layer 2 projects on Ethereum has compromised the easy exchange of assets and data among them, but there’s one obvious solution.   

This week in crypto: Stablecoin regulation stalls, Hong Kong debuts spot ETFs, a16z buys into Optimism, FTX unloads Solana holdings, and more!

As “casters” descend on Venice Beach for FarCon, Unchained looks at how discussions on Farcaster are kinder and gentler than the often rough-and-tumble dynamic on X (Twitter). Here’s what to know and who to follow.

From locked-up tokens to squabbles over EigenLayer’s snapshot date, arguments have been brewing around the airdrop.