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Altcoin
DeFi platforms across blockchains hold $69.95B in TVL – 65.6% locked on Ethereum
Total Value Locked (TVL) in decentralized finance (DeFi) platforms stood at $69.95 billion as of Dec. 23.Ethereum-based DeFi projects have a combined TVL of …
Armanino defends its past FTX.US audits
A top Armanino executive defended auditing work that his company performed for FTX.US during an interview published by the Financial Times on Dec. 23.Armanino’s…
Bitcoin miners increased hash rate and production despite falling BTC prices in 2022
The price of Bitcoin (BTC) fell by 64.68% to $16,870 from around $47,766 at the beginning of the year, CryptoSlate data shows. At the same time, share prices of…
Binance trading volume falls to its lowest since October 2020
Daily crypto trading volume on Binance sunk to $9.39 billion on Dec. 23, its lowest since October 2020, according to data from Nomics.Compared to Nov. 8, when…
Is Coinbase stock undervalued? Analysts divided
With the crypto industry struggling through a record bear market situation, one asset that has polarized analysts is Coinbase stock which has fallen to new…
USDN to become WINDX – a multi-collateralized soft-pegged asset
On the Waves Tech weekly community AMA on Dec. 23, Waves CEO Sashi Ivanov revealed the USDN revival plan, involving turning USDN into a multi-collateralized…
General counsel Berkovitz who ‘wined & dined’ SBF to leave SEC in Jan
The US SEC general counsel Dan Berkovitz will leave his role by Jan. 31, according to a Dec. 22 statement.Washington Examiner reported that Berkovitz “wined and…
Alameda, Do Kwon-backed hedge fund breaks silence to announce rebranding
Alameda Research and Terra’s Do Kwon-backed crypto hedge fund Pangea Fund Management is rebranding to Syncracy Capital after seven months of silence.The hedge…
FTX attempts to maintain ownership of Robinhood shares in court
FTX and Alameda Research are attempting to secure ownership of Robinhood stock worth over $440 million, based on a court filing dated Dec. 22.According to the…
SBF slapped with $250M bail bond; FTX co-conspirators take plea deal; SEC declares FTT a…
The biggest news in the cryptoverse for Dec. 22 is dominated by FTX news as SBF lands in the US and is granted bail pursuant to house arrest, Caroline Ellison…