Yield farming app accumulates $12M TVL 2 weeks after launch
A new yield farming app called Origin Ether has accumulated over $12 million in total value locked (TVL) just 14 days after launch, according to data from blockchain analytics platform…
Some SBF charges will be dropped if Bahamas objects, U.S. prosecutors say
United States prosecutors will drop some of the charges against former FTX CEO Sam Bankman-Fried if the Bahamas government objects to them, according to a document filed on May 29…
Binance considers allowing traders to secure collateral at banks: Report
Cryptocurrency exchange Binance is reportedly exploring a potential solution to reduce counterparty risk by allowing some of its institutional clients to keep their trading collateral at a bank instead of…
Tether moves into Bitcoin mining in Uruguay
Stablecoin issuer Tether has announced it will be launching Bitcoin mining operations in Uruguay. In a May 30 announcement, Tether said it planned to start a mining arm in the…
Bitcoin is on a collision course with ‘Net Zero’ promises – Cointelegraph Magazine
Each year at the annual UN Climate Change Conference (COP), individual countries are pressured to ramp up their emissions reductions promises and showcase evidence they are taking steps to meet…
Bitcoin Ordinals to bridge Ethereum NFTs with the launch of BRC-721E
Bitcoin Ordinals are the latest layer-2 solution enabling decentralized storage of digital art on the Bitcoin blockchain. Ordinals will now allow users to migrate their Ethereum ERC-721-based nonfungible tokens (NFTs)…
BNB NFT marketplace Tabi raises $10M in angel funding
Tabi, the nonfungible token marketplace previously as Treasureland, has completed a $10 million angel funding round, the BNB Chain-based platform announced on May 10. The funding was seeded by venture…
Lawyer uses ChatGPT in court and now ‘greatly regrets’ it
A New York attorney has been blasted for using ChatGPT for legal research as part of a lawsuit against a Columbian airline. Steven Schwartz, an attorney with the New York…
7 presidential candidates have dropped clues about their crypto stance
In late 2024, citizens of the United States will take to the voting booths to elect their next president — a four-year term that could have a vast impact on…
Temasek slashes compensation for execs responsible for its $275M FTX investment
Singapore investment firm Temasek Holdings has reduced compensation for the execs responsible for the firm’s investment into the now-defunct crypto exchange FTX. Temasek was once the second-largest outside investor of…