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Former Binance employees and investors say the CEO has more control of the decentralized company than he lets on: 'He's the holding company'
Binance is part of a movement emphasizing the lack of a central authority, but former employees tol…
Katie Canales
Binance's CEO, who is worth $18.5 billion, said he doesn't 'really care much about money'
Binance founder Changpeng Zhao told Bloomberg that he's not concerned with dollar signs as his and …
Katie Canales
I paid $50 for a superhero bunny on Coinbase's new NFT marketplace — and saw how it could give rivals like OpenSea a run for their money
Coinbase, one of the world's largest crypto exchanges, now lets users trade NFTs. I tried it out, a…
Katie Canales
Greylock's Mike Duboe shares the top Solana blockchain projects on his radar
Solana is becoming a popular alternative to Ethereum for its low costs and fast speeds. VC Mike Dub…
April Joyner
Another crypto lending platform is freezing withdrawals as the industry's downward spiral continues
Babel Finance will temporarily stop allowing users to take out their crypto holdings, the second le…
Katie Canales
Crypto giant Kraken offers 4 months' pay for employees who don't agree with its libertarian principles to leave
CEO Jesse Powell unveiled Kraken's "Jet Ski Program," which incentivizes exits from people who aren…
Katie Canales
Anxious Celsius customers say they have no idea what will happen to their money after the crypto platform halted withdrawals
Customers told Insider they have $2,300 to $105,000 in crypto trapped on Celsius, which froze withd…
Katie Canales
Mark Cuban compares the hype and doubts around crypto to the internet's early days — and predicts a downturn will highlight the best opportunities in the space
The "Shark Tank" investor said a crypto slump would shine a light on decentralized finance (DeFi), …
Theron Mohamed
Crypto VC firm ‘jumps’ in to restore Wormhole’s supply after DeFi hack
To be fair, Jump Crypto owns Certus One, the developer behind the Wormhole token bridge. The $…
A Virginia pension system is considering adding crypto yield farming to its portfolio to boost returns
The Fairfax County Police Officers Retirement System is aiming to invest in funds focused on genera…
Carla Mozée
A DeFi hacker compromised a lesser-known protocol but forgot to take their winnings
Hackers can cause devastating losses to decentralized finance (DeFi) platforms, but sometimes they …
The decentralization promised by DeFi is an 'illusion' and a threat to global financial stability, BIS warns
"DeFi displays substantial financial vulnerabilities," said BIS in a quarterly report published Mon…
Carla Mozée
Crypto DeFi protocols lost $1.4 billion this year but recovered over half of it
Decentralised finance (DeFi) applications have been growing multi-fold this year, and so have the e…
The explosive growth in DeFi is less impressive than it seems and is still far from adoption by mainstream investors, JPMorgan says
"There is little doubt that DeFi is still at early stages and thus has a lot of potential to grow o…
Matthew Fox
Decentralized cryptocurrency exchanges are awash in fake trades, research report says
At least $2 billion worth of crypto has been fraudulently traded on ethereum-based DeFi platforms s…
Jennifer Sor
Here’s how Indian crypto firm Biconomy is gearing up for web3
Biconomy was founded in 2018 and was the first Indian crypto company to list a token on Coinlist.In…
Ether hits record high above $4,600 after CME unveils micro-futures launch and metaverse momentum grows
Ether hit a new record above $4,600 on Wednesday, driven by enthusiasm over ether futures and the m…
Camomile Shumba
The Wonderland DeFi community is scandalized after a Twitter user outed an anonymous executive with ties to one of the largest crypto Ponzi schemes in history
Wonderland's token, TIME, plummeted to an all-time low of $335 Thursday, down from its November pea…
Phil Rosen
Mark Cuban learned his crypto investing lesson the hard way after losing $200,000 on a little-known token
"I should have done more homework on it," Cuban told The New York Times about his investment in a l…
Natasha Dailey
A long 'crypto winter' of falling prices could end up killing off a slew of DeFi apps, according to DappRadar: report
Only 20% of DeFi apps have a decent chance of surviving a long "crypto winter", according to an exp…