Epic CEO mocks ‘metaverse is dead’ notion — 600M coming to the ‘wake’Epic Games CEO Tim Sweeney made fun of a recent Business Insider article suggesting the metaverse had run its course.May 10, 2023Felix Ng
Grayscale expands ETF business, puts forward 3 new crypto fundsThe new funds would invest in a wide range of different crypto-related assets including Bitcoin miners and privacy tech.May 10, 2023Tom Mitchelhill
Marathon Digital announces immersion crypto mining operations in Abu DhabiThe mining firm expects the two facilities to be online by 2024 and produce a combined hash rate of roughly 7 EH/s.May 9, 2023Turner Wright
ChatGPT and other AIs could play a big role in driving more users to cryptoBy doing things such as helping users find answers to their questions by looking at their wallets, AI could help introduce millions of new people to blockchain.May 9, 2023Harsh Rajat
Shaquille O’Neal claims process servers ‘tossed’ FTX legal papers at his moving carThe NBA star appeared in a June 2022 commercial saying he was “all in” on FTX, one of many endorsements that led to a class-action lawsuit following the exchange’s collapse.May 9, 2023Turner Wright
BoE fintech head says crypto doesn’t ‘fulfill any of the functions of money’At a recent event, Tom Mutton, the Bank of England’s head of fintech, touted the privacy benefits of CBDCs while denouncing the anonymity of cryptocurrencies.May 9, 2023Tristan Greene
BRC-20 tokens surpass $1B market cap as wallet providers prepare integrationThe growth in BRC-20 tokens comes just two months after the creation of the Bitcoin token fungibility protocol.May 9, 2023Zhiyuan Sun
OKX just sent $60M in USDT, MASK token to Alameda Research The fund transfer may be part of a recovery effort to repay creditors of the failed FTX crypto exchange.May 9, 2023Tom Blackstone
Bitcoin traders offer downside targets as BTC price risks sub-$25K dipIt’s increasingly hard to find a bullish voice when it comes to short-term BTC price action.May 9, 2023William Suberg
Bankrupt crypto exchange QuadrigaCX to start ‘interim distribution’ of fundsDespite their best efforts, bankruptcy trustees have only managed to recover a fraction of the $160 million owed to creditors.May 9, 2023Zhiyuan Sun
Former Coinbase product manager behind insider trading case sentenced to 2 years in prisonIshan Wahi must surrender by June 21 to serve his sentence at the Fort Dix Federal Correctional Institution in New Jersey.May 9, 2023Turner Wright
PayPal’s crypto holdings increased by 56% in Q1 2023 to nearly $1BThe lion’s share of the fintech’s held cryptocurrency assets lies in BTC and ETH with $499 million and $362 million, respectively — up more than 56% since Q4 2022.May 9, 2023Tristan Greene
Bitcoin priced on Binance.US crypto exchange at $700 premiumThe highest intraday price of Bitcoin on Binance.US reached as much as $28,600, while the intraday market price high amounted to $28,000.May 9, 2023Helen Partz
Microsoft, Goldman Sachs, others partner in new blockchain network The Canton blockchain network for financial institutions is being launched by Digital Asset and a group of firms, including Microsoft, Goldman and Deloitte.May 9, 2023Savannah Fortis
Private equity tokens aim to bring greater liquidity, transparency and accessibility Despite a few reservations, tokenization stands to streamline the way retail and institutional investors can access the private equity market.May 9, 2023Shiraz Jagati
Bitcoin fee spike spurs shift to Lightning Network — Binance and Coinbase line upBinance announces plans to embrace the Lightning Network. Which large crypto exchanges are Lightning ready, and which are yet to be struck?May 9, 2023Joe Hall
$3.4B of Bitcoin in a popcorn tin: The Silk Road hacker’s storyThe Silk Road hacker was sentenced to just a year in prison for stealing BTC that’s now worth $3.4 billion, while site founder Ross Ulbricht is never getting out.May 9, 2023Elias Ahonen
32% of family offices invest in digital assets — Goldman SachsWhile the interest in crypto investments was rising last year among family offices, 2023 saw a massive decline in investors’ certainty about the digital assets market.May 9, 2023David Attlee
Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk assets?The “Oracle of Omaha” has increased Berkshire Hathaway’s cash holdings by $2 billion in Q1, signaling his decreasing confidence in risk assets.May 9, 2023Yashu Gola
Coinbase legal chief sends letter to SEC on RIA rulemakingCoinbase’s chief legal officer requests revisions to the SEC’s RIA custody rule to safeguard all asset classes, including cryptocurrencies, criticizing the rule for unfairly targeting crypto.May 9, 2023Amaka Nwaokocha
Spotify reportedly deletes thousands of AI-generated songsThe music streaming platform has removed tens of thousands of AI-generated songs created on the AI music-making platform Boomy.May 9, 2023Savannah Fortis
Bitcoin ordinals hit Binance NFT Marketplace in latest update The Binance NFT marketplace announced that users will soon be able to trade and purchase Bitcoin NFTs on its platform using already-existing wallets.May 9, 2023Savannah Fortis
Ordinals inscriptions approach 4.8M, nearly doubling in just over a weekThe BRC-20 token frenzy has seen the number of Ordinals inscriptions on the Bitcoin network soar 92% in just eight days.May 9, 2023Tom Mitchelhill
‘Unjustly enriched’ — Core Scientific knocks back $4.7M claim from CelsiusCore Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it’s owed an even higher amount from the crypto lender.May 9, 2023Tom Mitchelhill
Estonia squeezes out 400 crypto firms after new lawsEstonia’s money laundering regulator highlighted a number of issues it found within local crypto firms, such as dodgy execs and nonsensical business plans.May 9, 2023Brian Quarmby
‘War on crypto’: Newly filed letters lambast proposed SEC custody rulesIndustry representatives have cast doubt on the legality and impact of the United States securities regulator’s proposal to expand custody rules.May 9, 2023Jesse Coghlan
Concern over banking crisis reaches levels unseen since 2008 — PollAccording to a recent poll from Gallup, nearly half of Americans are concerned about the safety of their money deposited with banks.May 9, 2023Martin Young
FTX founder Sam Bankman-Fried urges court to dismiss chargesLawyers representing Sam Bankman-Fried want all but three charges against him dismissed in a filing on May 8.May 9, 2023Brian Quarmby
Canada’s central bank asks citizens what they want in a digital dollarCanadians are being asked what features they wish to see in a digital Canadian dollar even though there are no plans yet to issue one.May 9, 2023Jesse Coghlan
Worth it? Trader spends $120K on gas buying $155K worth of a memecoinA user spent an additional 76% of their total purchase price in gas fees on a single memecoin trade.May 9, 2023Tom Mitchelhill