Dune: Ethereum's median average transaction fee jumped to ~87 gwei on May 2, the highest level since May 2022, mostly due to memecoin trading exploding again
Adam Morgan McCarthy / The Block :
Arkham: net redemptions of Circle's USDC reached $4.5B since March 10, including a single $723M redemption that was later burnt, after Signature and SVB fell
Adam Morgan McCarthy / The Block :
Crypto prices are recovering in January so far: market above $1T, bitcoin up 26%, including 22% in the past week, to $20K+, ether up 29%, and meme coins spiking
After one of the least volatile months in history, Bitcoin has seen an explosive rally back above $21k. Sidhartha Shukla / Bloomberg : Crypto Mining Stocks Eye Best Month in a Year Atop Bitcoin Jump A...
CoinShares: inflows to crypto asset funds fell 95% YoY from $9.1B in 2021 to $433M in 2022, the worst year since 2018, when inflows totaled $223M
Adam Morgan McCarthy / The Block : Tweets: @chrismessina Tweets: @chrismessina : When was the last time there was a piece of positively triumphant news from cryptoland? https://www.theblock.co/...
Mike Novogratz's Galaxy Digital agrees to buy high-security custodian GK8 from bankrupt crypto lender Celsius; Celsius acquired GK8 for $115M in late 2021
Adam Morgan McCarthy / The Block :
Coinbase Q3: net revenue down 28% QoQ to $576M, net loss down 50% QoQ to $545M, subscription and services up 43% QoQ, and monthly transacting users down to 8.5M
Fellow shareholders, Chapter 1 Chapter 2 Chapter 3 Q3 was a mixed quarter for Coinbase. Adam Morgan McCarthy / The Block : Coinbase, Block jump 12% following third quarter earnings Andrew Throuvala...
Albania police arrest Faruk Fatih Özer, the CEO of defunct Turkish crypto exchange Thodex who is accused of a rug pull; Thodex's losses may be as high as $2.52B
Adam Morgan McCarthy / The Block : Tweets: @occrp and @kapital_news Tweets: @occrp : Albanian police arrested the founder of Thodex, a major Turkish cryptocurrency exchange, for allegedly stealing $2...
Genesis Trading CEO Michael Moro steps down after six years and the company will cut 20% of its staff, following huge losses from a loan to Three Arrows Capital
Adam Morgan McCarthy / The Block :