Sources: Binance has been exploring ways to reboot its Binance.US affiliate, including a recapitalization to cut CZ's stake, which is a hurdle to expansion
Changpeng Zhao has unfinished business. — The billionaire co-founder of Binance has stepped back into the spotlight …
WLFI, run by the Trump family's World Liberty Financial, falls 25% to ~$0.21 on its first trading day, giving it a ~$6B market cap; Trump's WLFI is worth ~$3.6B
WLFI tokens in circulation have a total nominal value of $6.4bn — The crypto token of a project backed by US President Donald Trump fell …
WLFI, the token of Trump's World Liberty Financial, begins trading at ~$0.30 with a market cap of ~$7.5B; ~24.67% of its 100B supply is in circulation at open
- The native token of World Liberty Financial, a DeFi project backed by Donald Trump and his family, began spot trading on exchanges.
Sources: Robinhood plans a blockchain-based platform to let retail investors in Europe trade US securities, and considered partnerships with Arbitrum and Solana
Muyao Shen / Bloomberg :
Twitter threatens to sue Meta over Threads, saying Meta “engaged in systematic, willful, and unlawful misappropriation of Twitter's trade secrets” and other IP
Twitter is threatening legal action against Meta over its new text-based “Twitter killer” platform …
Meta's Supplemental Privacy Policy for Threads says that “your Threads profile can only be deleted by deleting your Instagram account”, surprising some users
Exactly How Private Is Meta's New Twitter Challenger? NBC 7 San Diego : Meta's Twitter Rival Threads Explodes to 50 Million Signups One Day After Launch Rael Hornby / Laptop Mag : ...
Hands-on with Threads: fairly basic text-based messaging app, log in via Instagram, no hashtags, can't search for anything other than user handles, and more
Programming note: I really was trying to take a vacation, but this felt like it was worth the one-day interruption.
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence, even as ex-executives plead guilty
Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence, even as ex-executives plead guilty
Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.
Solana drops ~10% to around $10, as bitcoin and ether saw modest declines, over concerns that large holders could offload the token; SOL is down 94% in 2022
Solana, the cryptocurrency backed by fallen crypto mogul Sam Bankman-Fried, tumbled on Wednesday amid concerns that large holders may be about to offload the token.
BAYC, Doodles, Pudgy Penguins, and other NFT projects are diversifying into real-world assets, including toys, albums, and sports teams, to generate new revenue
Creators of best-selling internet collectibles have responded to a crash in the value of crypto and digital assets by seeking new revenues …
Solana-based NFT projects DeGods and Y00ts plan to leave the SOL ecosystem for Ethereum and Polygon, respectively; DeGods had asked for $5M to stay on SOL
DeGods will bridge over to Ethereum while its sister project Y00ts will move to Polygon with a grant from the layer 2's partnership fund.
The SDNY says ex-Alameda CEO Caroline Ellison and FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on a $250K bond
Caroline Ellison and Gary Wang helped disgraced crypto mogul divert funds and are now aiding prosecutors