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FTX Sues Former Employees of Hong Kong Affiliate, Seeks $157 Million

In the run-up to FTX's bankruptcy filing, known as the Preference Period, the defendants received the benefit of withdrawals that constitute preferential transfers, the filing said.

Nouns DAO’s $27M Revolt Reveals Toxic Mix of Money-Hungry Traders and Blockchain Idealists

It wasn't only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just...

Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms

The 10-year Treasury rate surging to a 16-year high and equity markets selling off could push BTC lower, one trading firm said.

Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress

Former Sen. Pat Toomey is pessimistic about legislation moving through this term, but it may be more likely in the next Congress.

Binance Warns of Multiple Stablecoin Delisting As Lawyers Puzzle Over EU’s MiCA

The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers

Vivek Ramaswamy is Drafting a ‘Crypto Policy Framework’

The Republican candidate is second only to Donald Trump in some polls.

‘We Can’t Build Something Like This on Ethereum,’ Says DYdX Founder as Mainnet Nears

In an exclusive interview, Antonio Juliano, founder of dYdX (and a former Coinbase software engineer), discusses his project's move to build a new layer-1 blockchain using Cosmos technology.

Bitcoin Price Volatility Likely to Stay Depressed After Fed Rate Decision

The Fed will announce its rate decision on Wednesday at 14:00 ET. The way bitcoin options are priced suggests the cryptocurrency may not move more than 3% by Friday.

Some Binance EU Users Find Fiat Withdrawals Cut Off Even Before Paysafe Ends Service

Binance says Paysafe gave it short notice that a “very small portion” of European users will be subject to an earlier closure before the payments provider officially pulls support...

The Protocol: The CFTC Is Cracking Down on Crypto

The move marks a contrast to its previously 'lenient' image compared to the SEC.