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Cardano-Based Djed Stablecoin Attracts 27M ADA Tokens as Reserve Backing

Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing.

Feb 1, 2023 at 7:46 a.m. UTC

Voyager Creditors Reject Alameda’s Attempt to Recover $446M

The creditors’ rejection follows a veto by Voyager itself.

Feb 1, 2023 at 6:58 a.m. UTC

First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable, as Withdrawal Proposal Comes Into Focus; Bitcoin Rises as Fed Rate Decision Nears

While the DAO has yet to formally see the Lido proposal to allow withdrawals from stETH, Galaxy Digital has already been critical. The Lido governance token has fallen about 15% from its high last week week.

Feb 1, 2023 at 2:40 a.m. UTC

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By Frederick Munawa
Jan 30, 2023 at 2:56 p.m. UTC

Discovery

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Japan Embraces Web3 As Global Regulators Grow Wary of Crypto

With tight regulations already in place that helped insulate FTX Japan and its investors from heavy losses suffered elsewhere in the world, Japan is working on policy and guidelines for stablecoins, NFTs and DAOs as it welcomes a crypto future.

Jan 26, 2023
Money Reimagined Podcast Cover

The Interaction of Money, Nature and AI, With Stan Stalnaker

A discussion about the Hub Culture institution and protecting the ethos of privacy and identity.

Jan 27, 2023
Sam Bankman-Fried, founder and former CEO of FTX

Congress' FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange's Bosses

More than one in three of the 535 senators and representatives in the U.S. Congress showed up to the new session with FTX baggage, having received campaign support from former CEO Sam Bankman-Fried or one of the senior executives of the fraud-ridden crypto giant.

Jan 17, 2023
Porsche 911 Sport Classic interior.

Porsche's NFT Debut Is a Reminder to Let Web3 Natives Take the Wheel

The German carmaker’s NFT collection mint was met with backlash from the community and served as a lesson for big brands looking to meaningfully build their Web3 strategy.

Jan 25, 2023
Crypto scammer (DALL-E/CoinDesk)

6 Kinds of Crypto Scams and How to Avoid Them

Crypto hacks and exploits have cost people billions of dollars each year. Here’s how to make sure you’re not among them.

Jan 18, 2023

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U.S. Air Force F-16s (Malachi Witt/Pixabay)

Blockchain Company SIMBA Chain Received $30M Funding Increase From US Air Force

The USAF has granted SIMBA Chain a $30 million STRATFI as part of its aims of "identifying and advancing technologies that have the potential to secure its future dominance."

Feb 1, 2023
CDCROP: Gavel Justice Law (Shutterstock)

My Big Coin Founder Gets 8-Year Jail Sentence for Fraud

Randall Crater, 52, was convicted in July of defrauding investors of more than $6 million.

Feb 1, 2023
CDCROP: Fans help the flow of air so that Bitfarms mining rigs can stay cool. (Eliza Gkritsi/CoinDesk)

Bitcoin Miner Argo Blockchain's CFO Alex Appleton Quits

Alex Appleton, who has served in this role since September 2020, is departing to "pursue other opportunities."

Feb 1, 2023
Sam Bankman-Fried, founder and former CEO of FTX

Bankrupt Crypto Exchange FTX had Around $1.4B Cash at 2022-End

The figure is around 19% higher than the $1.2 billion reported in November when FTX filed for bankruptcy.

Feb 1, 2023