SHIB Spikes 30% On Sunday, Dogecoin Climbs

Crypto’s top “meme coins” didn’t take the weekend off, with both Shiba Inu (SHIB) and Dogecoin (DOGE) seeing notable gains on Sunday. Shiba Inu jumped more than 30 percent by midday, according to CoinMarketCap,…

This Week in Coins: Ethereum and Avalanche Rally, Crypto Winter Still Not Over

This week in coins. Illustration by Mitchell Preffer for Decrypt. Despite the ongoing cypto bear market, many top cryptocurrencies posted double-digit percentage gains over the week. Bitcoin had no such luck. Bitcoin only…

Tornado Cash Ethereum Token Down Over 50% After Sanctions

In the week following the sanctioning of the Tornado Cash website by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), the price of the token underpinning the system is down 56%,…

Sam Bankman-Fried: ‘Disappointing’ Others Haven’t Helped Us Give Bailouts

Sam Bankman-Fried has handed out some $750 million in lifelines to BlockFi and Voyager after the two lenders went insolvent amid the current crypto crash, and he has made clear that more bailouts…

Ripple Is Considering Buying Bankrupt Crypto Lender Celsius’ Assets: Report

Ripple Labs—the blockchain payments company behind XRP—may be interested in purchasing assets belonging to the insolvent crypto lending company Celsius.  A company spokesperson told Reuters that Ripple is “interested in learning about Celsius…

Ethereum Cofounder Says He Used Now-Blacklisted Tornado Cash to Donate to Ukraine

Barely a day after the U.S. Treasury Department blacklisted Tornado Cash, Ethereum’s cofounder identified himself as someone who used the service to make donations to Ukraine. “I’ll out myself as someone who has…

Hodlnaut Joins Long List of Crypto Firms Freezing Withdrawals

Singaporean crypto lender Hodlnaut is the latest digital asset company to announce that it is freezing withdrawals “due to recent market conditions.” In an announcement on Holdnaut’s website, the firm says it took…

Beanstalk Celebrates Anniversary With ‘Safe Replant and Unpause’ Months After $182M Exploit

Beanstalk, a credit-based stablecoin, has rebooted on the one-year anniversary of its launch—and not quite four months since it was hacked for $182 million. “The Beanstalk experiment is out in the wild once…

Halliday Raises $6 Million for ‘Buy Now, Pay Later’ Ethereum NFTs

As more game studios look to incorporate digital assets and collectibles into their properties, Web3 startup Halliday has raised $6 million in a new seed round led by Andreesen Horowitz (a16z) to change…

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