Business
The court of appeals ruled that the SEC’s denial of Grayscale’s proposal was “arbitrary and capricious.”
The blockchain infrastructure company will work towards implementing the Perseus Upgrade on Pyth Network as it moves to a permissionless mainnet with token-led governance in 2023.
The company is finalizing a restructuring agreement that would either result in a sale of Genesis or turn over its equity to creditors.
DeFi
The team behind the smart contract automation platform cited “limited commercial upside” in continuing to develop the protocol.
The decentralized social media application plans to revoke any existing points from those that use copycat platforms.
The newly launched stablecoin is facing a lack of demand from crypto users, according to data firm Nansen.
The former FTX CEO’s legal counsel argued against the millions of additional pages of discovery introduced by the U.S. government last week.
Three former team members have been accused of stealing 16 trillion PEPE tokens and selling them on various crypto exchanges before deleting their social media accounts.
The DeFi protocol confirmed an exploit days after warning users about a vulnerability affecting certain liquidity pools.
The platform disclosed that “non-sensitive” customer data of certain claimants had been compromised in a cybersecurity incident.
