Michael McSweeney

Crypto lender Celsius continues to weigh a possible bankruptcy amid serious financial woes, according to the Wall Street Journal.

Coinbase will roll out its first derivatives product next week with the launch of so-called “nano” bitcoin futures. In a Thursday blog post, Coinbase Derivatives Exchange — the renamed FairX, which was acquired by Coinbase this year — said it would “launch its first listed crypto derivatives product on June 27, 2022: Nano Bitcoin futures […]

The team behind the Harmony blockchain network has announced that Horizon, its cross-chain bridge to Ethereum, suffered a theft worth nearly $100 million in ETH.

The team behind Convex Finance, a protocol built on top of the Curve DEX liquidity pool, said Thursday that its website DNS was hijacked.

Jerome Powell, chairman of the Federal Reserve, told a Senate committee Wednesday that officials at the US central bank are watching the crypto market closely amid a period of heightened volatility.

Michael Moro, CEO of crypto lending and trading firm Genesis, said Friday that the firm had liquidated the collateral of a "large counterparty."

Elon Musk advocated for integrating payments into Twitter more broadly, including support for cryptocurrencies, according to a transcript of a meeting with staffers held Thursday.

Major investors of crypto lending platform Celsius are "unlikely" to provide additional financial support, the Wall Street Journal reports.

USD Coin (USDC) issuer Circle Internet Financial is expanding with a new euro-centric stablecoin.

The US Federal Reserve has raised the US federal funds rate to 1.5%-to-1.75%, representing an increase of 75 basis points. The Fed said it also intends to continue reducing its balance sheet. “In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. […]

Congressman Richard Neal, who chairs the House of Representatives Ways and Means Committee, asked the Government Accountability Office (GAO) to provide information about the nexus between cryptocurrencies and American retirement accounts. 

Crypto lender Celsius has hired lawyers from Akin Gump Strauss Hauer & Feld LLP as it mulls its financial options after halting withdrawals this past weekend, according to the Wall Street Journal.

Crypto lending platform Celsius’s withdrawal freeze has affected a bitcoin interest product offered by German fintech firm Nuri, according to a Monday announcement. Nuri, formerly known as Bitwala, debuted the product in May 2021, offering up to 3% interest on bitcoin holdings. Nuri partners with Celsius to offer the accounts to its users. But the […]

Crypto lending firm BlockFi said Monday that it is laying off "roughly 20%" of its staff.

TBD, the Bitcoin-focused venture first announced last spring, unveiled an ambitious effort Friday to build a decentralized Web platform dubbed "Web 5."

Ethereum scaling startup Optimism said Wednesday that an attacker interfered in a token recovery process involving Wintermute, resulting in the loss of some 20 million OP governance tokens. 

A new report from the Department of Justice proposes more international cooperation among law enforcement agencies on the crypto and blockchain front.

Tech conglomerate Samsung said Tuesday that its US arm is launching a new Discord server to support its Web3 activities.