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Celsius Network Files ‘Adversary Complaint’ Against EquitiesFirst to Recover Assets

EquitiesFirst, a private lender, owed Celsius $439 million of assets as of July 2022.

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Author: Krisztian Sandor

Sam Bankman-Fried’s Motion for Pretrial Release Goes Before 3-Judge Panel

Former FTX CEO Sam Bankman-Fried is trying to win back his freedom – at least temporarily.

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Author: Danny Nelson

Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs

Genesis Global Capital, a subsidiary of Digital Currency Group, filed in court for DCG to repay outstanding loans in excess of $600 million on Wednesday.

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Author: Nikhilesh De

FASB Says Crypto Assets Should Be Marked at Current Values

The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for in the markets, according to the Financial Accounting Standards Board (FASB).

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Author: Jesse Hamilton

Cathy Wood’s ARK Invest Files for First Spot Ether ETF

The Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization.

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Author: Krisztian Sandor

Ethereum Learns of Potential Defector as ‘Supreme Court’ Mooted

What is a blockchain “sequencer?” Here’s why you need to know

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Author: Bradley Keoun

Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding?

After bankruptcies tore apart the crypto lending, the industry is attempting to rebuild in a sustainable and accountable manner.

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Author: Mauricio Di Bartolomeo

Ethereum’s Vitalik Buterin Argues for Blockchain ‘Privacy Pools’ to Weed Out Criminals

The paper argues for “privacy pools,” a blockchain tech feature that would enhance the privacy of user’s transactions while also distinguishing criminal activity from innocent funds.

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Author: Margaux Nijkerk

Tornado Cash Developer Roman Storm Pleads Not Guilty to Money Laundering, Other Charges

Tornado Cash developer Roman Storm pleaded “not guilty” to charges of conspiring to operate a money transmitter or facilitate money laundering and sanctions evasion in a court appearance Wednesday.

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Author: Elizabeth Napolitano, Nikhilesh De

Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability

The fundraise comes as interoperability protocols have attracted investors, despite the bear market.

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Author: Margaux Nijkerk


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