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0 CommentsJameson Lopp, the co-founder of Casa, shared CoinGecko’s report on the cryptocurrencies that collapsed after being listed on CoinGecko from 2014 to 2022. 3,322 coins introduced during the “meme season” of 2021 are now defunct. According to the report from Julia Ng, CoinGecko’s head of growth, 3,322 cryptocurrencies listed on CoinGecko in 2021 have collapsed,…
Binance.US has been selected by Voyager Digital as the “highest and best bid” for its assets as part of its Chapter 11 bankruptcy proceedings, the company said on Dec. 19. The deal is valued at $1.022 billion for Voyager’s existing portfolio and “incremental value.” On Dec. 19, Binance.US announced in a blog post the agreement…
Breaking crypto news from the last week (Dec. 10–16, 2022): Dec. 12: The Royal Bahamas Police Force arrested FTX founder Sam Bankman-Fried, following the US authorities filed criminal charges against him. The Bahamas intends to extradite Bankman-Fried after US officials request it. Meanwhile, the “surprising” arrest comes just a day before a scheduled hearing before…
Andreessen Horowitz (a16z) just released an omnibus list of “big ideas” tech builders may tackle in the year ahead, according to various a16z domain partners spotlighting a big idea that startups in their fields may tackle in 2023. The list spans everything from consumer tech and games to enterprise and AI to fintech and of…
Top investment deals across the crypto sector over the last week (Dec. 10–16, 2022): Bitcoin miner TeraWulf raises $10 million TeraWulf restructured a deal with Bitmain that will allow it to expand hashrate further by early 2023. The company also announced that it raised $10 million in fresh capital to repay a convertible promissory note….
Binance, the largest crypto exchange by volume traded, is not the next FTX, according a report from CryptoQuant. The analytics firm found the exchange is almost entirely collateralized and diversified away from its proprietary token. CryptoQuant, the Seoul-based analytics firm points to on-chain data to support claims made in a recent audit that Binance is…
