Three Arrows Capital liquidated by multiple lenders after ghosting
Three Arrows was also one of the major investors in Grayscale Bitcoin Trust, last year disclosing ownership of more than 38 million shares.
Results for Spotlight, Crypto
253 stories, newest first
BlockFi customers concerned it may have lent too much bitcoin to 3AC
Rumors that BlockFi may have lent too much bitcoin to 3AC are swirling, causing insolvency concerns among customers.
Customers fear Celsius insolvency as CEL token collapses
Rumors of Celsius insolvency circulated over the weekend. Now, it's gone into full HODL mode... but it's still advertising 18.6% yields.
SEC probes Binance, Reuters finds billions in crypto washed via the exchange
A bad week for CZ. The SEC probes Binance BNB ICO while Reuters proves billions in wash trading occurred via the exchange from 2017 to 2021.
CFTC alleges Gemini cover-up: Execs funded market manipulation
The CFTC has filed a lawsuit against crypto exchange Gemini, claiming execs used their personal funds to manipulate crypto markets.
— Crypto, Regulation
Regulation Best Interest: How the SEC’s rule impacts crypto
Speaking at a securities industry event, SEC chairman Gary Gensler also fired off warnings about unregistered securities and the gamification of crypto.
Coinbase boss Brian Armstrong sorry for leaving retail users high and dry
Armstrong admitted that, while Coinbase's Prime and Custody customers had "strong legal protections in their terms of service," retail customers didn't.
— Crypto, Stablecoin
Here’s how crypto’s third largest stablecoin Terra (UST) collapsed
Third-largest stablecoin UST de-pegged from the US dollar, traded as low as $0.62, and lost over $4 billion in market capitalization.
Here’s why Ethereum 2 staking is risky and increases centralization
Proof-of-work will be phased out and replaced with proof-of-stake, a change that comes with a costly barrier to entry for most miners.
The play-to-earn crypto bubble has popped — Axie Infinity leads, down 99% from ATH
Once touted as a legitimate way to earn a living, the play-to-earn crypto industry has disintegrated. Here's how major players fared to-date.