An email newsletter sent out to Coinbase customers on May 10 caused significant backlash from the Pepe community. Source …
Bitcoin Liquidity on the Brink as Market Makers Pare Back in Crypto Markets
The abrupt exit of Jane Street and Jump, two crucial cryptocurrency market makers, has the potential to disrupt the liquidity flow across the industry, according to a Kaiko analyst.Source …
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Bear market pushes crypto events to cut fluff, prioritize discourse
“Huge DJs” no longer appear at crypto events, instead, attendees are seeing more “well thought out, intelligent questions” being asked. Source …
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Crypto Media Outlet Blockworks Raises $12M at $135M Valuation
The 10T Holdings-led round had a $135 million post-money valuation.Source …
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FTX’s Sam Bankman-Fried Moves to Dismiss Most Criminal Charges Against Him
FTX founder Sam Bankman-Fried filed pretrial motions to dismiss a majority of the charges he faces on various grounds late Monday.Source …
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Bittrex files for Chapter 11 bankruptcy just weeks after SEC charges
The firm estimated it had more than 100,000 creditors, between $500 million and $1 billion in assets, and between $500 million and $1 billion in liabilities. Source …
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Hong Kong to step in as ‘options are dwindling’ globally — FinTech chair
Neil Tan, Chair of the FinTech Association of Hong Kong, said the opening of the financial industry to digital assets was “just a natural progression." Source …
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