Articles from www.coindesk.com

Articles from www.coindesk.com

How crypto developer Ian Macalinao posed as 11 independent devs and created a web of DeFi protocols that temporarily inflated the total value locked on Solana (www.coindesk.com)
2022-8-5

Block reports Q2 revenue down 6.6% YoY to $4.4B, $2.62B net revenue excluding bitcoin, and Cash App bitcoin revenue down 34% YoY to $1.79B; stock is down 5%+ (www.coindesk.com)
2022-8-5 Bitcoin

Meta begins rolling out NFT support on Instagram in 100 countries after integrating with Coinbase Wallet, Dapper, and the Flow Blockchain (www.coindesk.com)
2022-8-5 Blockchain Instagram Coinbase

Bank of England Raises Interest Rate by Most Since 1995 (www.coindesk.com)
2022-8-4

Chiliz, which owns digital fan token service Socios, buys a 24.5% stake in soccer club Barcelona's Barça Studios for $100M and will help expand Web3 offerings (www.coindesk.com)
2022-8-3

Nomad Bridge Drained of Nearly $200M in Exploit (www.coindesk.com)
2022-8-2

Crypto analytics startup Chainalysis launches Government Solutions, a government-facing subsidiary initially staffed with 90 investigators assisting US agencies (www.coindesk.com)
2022-7-28 Startup

Meta's Reality Labs division posts a $2.8B loss in Q2 2022, compared to a $2.96B loss in Q1 2022, on a revenue of $452M, down from $695M in Q1 2022 (www.coindesk.com)
2022-7-28

Senators Toomey and Sinema introduce a bill to exempt crypto users from being taxed on transactions of under $50, similar to a bipartisan bill in the House (www.coindesk.com)
2022-7-27

Binance CEO sues Bloomberg Businessweek's Hong Kong publisher for defamation over a June 23 profile, claiming it depicted him as running a Ponzi scheme (www.coindesk.com)
2022-7-26 Hong Kong

Michael Stollery, CEO of Titanium Blockchain Infrastructure Services, pleads guilty to carrying out a fraudulent initial coin offering in 2018 that raised $21M (www.coindesk.com)
2022-7-26 Blockchain

Layer 1 blockchain Aptos Labs has raised a $150M Series A led by FTX Ventures and Jump Crypto, bringing its total raised in 2022 to $350M (www.coindesk.com)
2022-7-25 Blockchain

FTX plans to allow customers of bankrupt crypto lender Voyager to create accounts funded by an early distribution of a part of their bankruptcy claims (www.coindesk.com)
2022-7-23

Hashflow, a DeFi trading app, raised a $25M Series A from Jump Crypto, Wintermute, and the VC arms of Coinbase and Kraken, among others, at a $400M valuation (www.coindesk.com)
2022-7-22 Coinbase

Blockchain.com says it will cut 25% of its workforce, equal to about 150 people, close its Argentina-based offices, and halt expansion in several countries (www.coindesk.com)
2022-7-21 Blockchain

How crypto broker Voyager, which generated interest on deposits by loaning crypto assets, collapsed after its largest borrower Three Arrows Capital defaulted (www.coindesk.com)
2022-7-16 Asset

Celsius acknowledges $1.2B hole in balance sheet (www.coindesk.com)
2022-7-15

Circle releases a detailed, but unaudited, breakdown of its reserve assets for USDC, showing $42.1B in short-term US government bonds and $13.6B in cash (www.coindesk.com)
2022-7-15 Asset

Solana-based STEPN reports $122.5M in Q2 profits, after earning $26M in Q1; 5% of the profits will go toward a buyback and burn program of its native GMT token (www.coindesk.com)
2022-7-13

Animoca Brands says it has completed a $75.32M raise, which was the second tranche of its January raise, pushing its valuation from $5.5B up to $5.9B (www.coindesk.com)
2022-7-13

Digital asset management service Gnosis Safe rebrands as Safe after its community voted to split from Ethereum infrastructure builder Gnosis, and raised $100M (www.coindesk.com)
2022-7-12 Asset Ethereum

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