Grayscale CEO Michael Sonnenshein steps down
Michael Sonnenshein has stepped down as CEO of Grayscale. Grayscale announced that Peter Mintzberg is the new CEO, effective August 15, 2024. Sonnenshein joined Grayscale in 2014 and was CEO…
dYdX founder Antonio Juliano steps down as CEO
Juliano steps down as dYdX CEO, Crnkovic-Rubsamen takes over. The transition marks Juliano’s move to Chairman and President roles. dYdX experiences surge in activity amid market rebound. In a significant…
Monero’s largest P2P trading platform shuts down
LocalMonero is a peer-to-peer (P2P) trading platform for privacy-focused coin Monero (XMR). The platform is winding down, with the website set to shutter on November 7. LocalMonero, the largest peer-to-peer…
MSTR, COIN, RIOT and other crypto stocks down as Bitcoin dips
MicroStrategy stock was down 10% on Tuesday, while Coinbase and other crypto stocks also dumped. Bitcoin price traded to lows of $60,600 before seeing a slight recovery. MicroStrategy, Coinbase, Riot…
Thai SEC cracks down on misleading crypto ads
Thai SEC warns against deceptive crypto ads, urging compliance with regulations. Global regulators, the UK and Spain, have also been cracking down on misleading crypto promotions. Recent phishing incidents underscore…
US prosecutors water down FTX Ex-CEO SBF’s second trial probability: no new evidence
US prosecutors deem the second trial unlikely for FTX’s ex-CEO Sam Bankman-Fried. Lack of new evidence cited; the initial trial covered major aspects of the case. The guilty verdict stands;…
Revolutionary blockchain competition platform, Metawin, counts down to massive $1 million dollar prize draw
London, UK, December 15th, 2023, Chainwire The countdown has begun as MetaWin, the pioneering blockchain competition platform, approaches the climax of its extraordinary MetaWin Millionaire event. With just 7 days…
Stablecoin supply down below $125 billion as capital continues to leak from crypto
Key Takeaways The total supply of stablecoins has fallen every month since UST collapsed in May 2023 Last month saw another $1.7 billion of outflows, the total supply now 33%…
Solana-based protocol Clockwork to shut down
Clockwork is a Solana-based smart contracts automation tool that raised $4 million from Multicoin and other investors. The Devnet and mainnet nodes will be frozen on October 31. Solana ecosystem…
NFT platform Recur shuts down less than 2 years after $50M financing round
Recur announced the gradual wind down of its operations and functionality on August 18, 2023. All NFT activity will be disabled by November 16, with metadata migrated to IPFS. The…