Mango DAO distributed treasury funds to token holders through a buyback program, but critics claim it was done to benefit an FTX estate buyer.

Mango Markets DAO buyback plan leads to accusations of ‘self-dealing’

An April 7 plan to buy back tokens at a premium to market price has led to controversy within the governing body of decentralized finance protocol Mango Markets.  Some community m...

4 months ago

Tom Brady copped heat from comedians for his role in partnering with the now-defunct crypto exchange FTX.

Tom Brady roasted on crypto in Netflix special — ‘How did you fall for that?’

Former pro footballer Tom Brady was grilled by comedians and former teammates during a Netflix-streamed roast, and quips about his role in promoting the bankrupt crypto exchange FTX were some of...

4 months ago

LocalMonero, one of the largest peer-to-peer centralized platforms for trading XMR, is sunsetting its services amid the global crackdown on privacy-focused tokens.

LocalMonero exchange shutters due to ‘internal and external factors’

A centralized peer-to-peer marketplace for trading Monero (XMR), LocalMonero, is closing down its services, citing “internal and external factors” as the reason behind the ...

4 months ago

How ETF Liquidity Funds Keep Crypto Trading Smooth

Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong

Three Asian-based ventures have joined forces to launch Hong Kong’s first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published W...

4 months ago

Grayscale Using Ether Futures ETF as a Strategic Tool?

Grayscale Withdraws Ether Futures ETF Application Before SEC Decision

The world’s largest cryptocurrency asset manager Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US Securities an...

4 months ago

The SEC is planning to file an “enforcement action” against Robinhood’s cryptocurrency business, according to the Wells notice.

Robinhood crypto business slapped with SEC Wells notice

The United States Securities and Exchange Commission (SEC) has issued a Wells notice to the popular trading platform Robinhood. Following the news of the Wells notice, Robinhood’...

4 months ago

Franklin Templeton’s Eth ETF Decision Delayed

SEC Delays Decision on Invesco Galaxy Spot Ethereum ETF

The Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the Invesco Galaxy spot Ethereum exchange-traded fund (ETF). In an announcement, the S...

4 months ago

Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’

Polygon, a prominent Ethereum layer-2 developer, has introduced the alpha version testnet of its latest zero-knowledge (ZK)-rollup solution named Miden. In a post on May 6, P...

4 months ago

Exodus Movement, Inc., the developer of non-custodial crypto wallet Exodus, is set to go public on May 9 on the NYSE American in a bid to create “long-term value” for investors.

Bitcoin wallet developer Exodus to go public on New York Stock Exchange

Crypto wallet maker Exodus Movement, Inc. received approval for its common stock for listing on the New York Stock Exchange (NYSE), the company announced in a press release o...

4 months ago

The co-founder and CEO of LayerZero Labs, Bryan Pellegrino, discussed concerns about company employees participating in its upcoming airdrop.

LayerZero to fire employees participating in internal airdrops

In an X post on May 7, Pellegrino said that all the LayerZero Labs employees are “100% restricted” from participating in the platform’s long-awaited airdrop — first ...

4 months ago