Category Archive: Cryptocurrency, No picture

Federal Reserve Raises Rates by 25 Basis Points

Federal Reserve Raises Rates by 25 Basis Points

Key Takeaways The Federal Reserve raised rates by another 25 basis points. This brings federal interest rates to the 4.50% to 4.75% range. The move indicated a softening of the central bank’s hawkish monetary policy. Today the U.S. Federal Reserve announced that it was bringing interest rates to the 4.50% to 4.75% range, a 0.25% […]
3AC Founders Want to Launch a New Crypto Exchange

3AC Founders Want to Launch a New Crypto Exchange

Key Takeaways 3AC co-founders Su Zhu and Kyle Davies want to launch their own crypto exchange. They are seeking $25 million from investors. GTX, as the project is called, aims to be a public marketplace for crypto claims. Su Zhu and Kyle Davies want to tap into the ballooning crypto claims market by launching their […]
Celsius’ Mashinsky Finally Sued by NY Attorney General

Celsius’ Mashinsky Finally Sued by NY Attorney General

Key Takeaways New York Attorney General Letitia James filed a civil suit against former Celsius CEO Alex Mashinsky today. James claims Mashinsky defrauded investors by making false statements about the company’s financials. She is seeking restitution, damages, and to bar Mashinsky from ever doing business in New York again. Former Celsius CEO Alex Mashinsky is […]
Avraham Eisenberg Charged with Fraud, Market Manipulation

Avraham Eisenberg Charged with Fraud, Market Manipulation

Key Takeaways Avraham Eisenberg was arrested in Puerto Rico yesterday. He is accused of commodities fraud and market manipulation. Eisenberg and his team were behind the $100 million Mango Markets exploit. Avi Eisenberg may have been too clever for his own good when he publicly revealed he was responsible for the Mango Markets exploit in […]
Fed Hikes Rates by Only 50 Basis Points

Fed Hikes Rates by Only 50 Basis Points

Key Takeaways The U.S. central bank announced today that it was increasing the federal interest rates by 50 basis points. The decision brings rates to a range between 4.25% and 4.50%. The Fed’s decision was welcomed by market participants, as it signifies a willingness to soften its hawkish stance towards monetary policy. The Fed will […]
2022 in Review: the Top 10 Crypto Moments of the Year

2022 in Review: the Top 10 Crypto Moments of the Year

Key Takeaways The crypto ecosystem shed $2 trillion in market value and lost several major players in 2022, but it didn’t die. Terra, Three Arrows Capital, FTX, and a host of other big entities suffered wipeouts that characterized crypto’s turbulent year. Ethereum also completed “the Merge” to Proof-of-Stake after years of anticipation. From crypto war […]
2022 in Review: the Top 10 Crypto Memes of the Year

2022 in Review: the Top 10 Crypto Memes of the Year

Key Takeaways Despite the bear market, it was another big year for memes in crypto. Some of the most enduring memes of the year were born out of the biggest catastrophes in the space. Crypto Twitter served as an entertaining hub for memes to go viral within the community. It turns out that crypto bear […]
2022 in Review: the Top 10 Crypto Villains of the Year

2022 in Review: the Top 10 Crypto Villains of the Year

Key Takeaways Several ego-driven crypto personalities suffered huge falls from grace in 2022. Terra’s failure exposed some of the crypto ecosystem’s biggest villains. Policymakers and scammers also harmed the space this year. SBF, Kwon, 3AC, and more: 2022 was a packed year for crypto villains.  The Crypto Villains of the Year  The Crypto Briefing editorial […]
2022 in Review: the Top 10 Heroes of the Year

2022 in Review: the Top 10 Heroes of the Year

Key Takeaways Several members of the crypto community emerged as heroes even as the market suffered a sharp decline in 2022. Key industry figures took action against the Treasury Department’s move to sanction Tornado Cash. Ethereum’s core developers made a major contribution to the ecosystem in shipping “the Merge.” While villains dominated crypto throughout this […]
2022 in Review: the Top Five NFT Drops of the Year

2022 in Review: the Top Five NFT Drops of the Year

Key Takeaways The NFT market experienced a slump with the rest of crypto in 2022, but some collections stood out from the pack. Yuga Labs’ Otherside mint raised a record-breaking $310 million in April. Generative artists like Emily Xie and Tyler Hobbs helped push the scene forward. Several NFT collections stood out from the pack […]