Blockworks
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Grayscale CEO Michael Sonnenshein departs company
Michael Sonnenshein has stepped down as CEO of Grayscale Investments. The Wall Street Journal first reported the news Monday, saying...
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Funding Wrap: Polymarket gets backing from Vitalik Buterin, Founders Fund in $70M raise
This week’s funding was led by the betting platform Polymarket, which disclosed a whopping $70 million raised from two separate rounds. ...
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Crypto Hiring: Eclipse Labs names new leader in week of CEO updates
Two crypto companies named new CEOs this week. What some would consider an anti-crypto firm did too. Vijay Chetty replaced Neel Somani as...
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Pump dot Fun exploiter identified and arrested in London
The alleged exploiter of Solana memecoin protocol Pump dot Fun has been arrested in London. British police apprehended Jarett Dunn, a former...
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Web3 Watch: Naked in the metaverse
A new crypto-related lawsuit has landed in the Southern District of New York courthouse. A California resident named Luke Brown is...
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Layer-3s are the future of scalability
As the blockchain ecosystem grows, so does the demand for flexible, customizable tech. Scalability is about making technology more accessible...
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Lightspeed Newsletter: The Pump.fun exploit draws yawns and jeers
Howdy! Happy Friday, folks. New York seems to be holding its collective breath today as the Knicks are about to play the Pacers for a trip to...
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Cryptocurrencies rally, stocks trade sideways as traders speculate interest rate decision
Bitcoin and ether extended their rallies Friday, a sign pointing to sustained higher prices ahead, according to some analysts. Bitcoin...
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Binance executive denied bail in Nigeria
A Nigerian court has refused Binance executive Tigran Gambaryan’s bail application, a family spokesperson told Blockworks. The bail was...
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Oklahoma passes bill protecting ‘fundamental bitcoin rights’
Oklahoma passed a bill earlier this week that protects state residents’ right to self-custody digital assets. The bill will go into...
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Solana restaking protocol Solayer soft-launches deposits
Solayer, a startup building a product akin to EigenLayer on Solana, opened restaking deposits Thursday afternoon. The invite-only deposit...
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Senate passes resolution to overturn SAB 121
The US Senate on Thursday passed Joint Resolution 109, which seeks to overturn the Security and Exchange Commission’s Staff Accounting Bulletin...
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Empire Newsletter: Taking stock of who’s buying which bitcoin ETF
Out with a bang The filing deadline for 13Fs was yesterday. Millennium Management disclosed a huge position in BlackRock’s bitcoin...
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It’s time to overturn SAB 121
Gary Gensler’s Securities and Exchange Commission has made a name for itself with its hostility towards cryptocurrency. Time after time, over the...
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Senate predicted to overturn SAB 121 in vote Thursday, Hill sources say
The US Senate plans to vote on Joint Resolution 109 on Thursday, and sources on and around Capitol Hill say they believe the measure will draw...