Earlier this week, two NFT artists decided to take the lack of regulatory clarity over their medium to court. Jonathan Mann and Brian Frye sued the Securities and Exchange Commission. In a Louisiana court filing, they argue that artists like Andy Warhol and Georgia O’Keeffe never had to worry about regulators claiming their art constituted
One big raise led the pack of this week’s funding announcements: Morpho. The crypto lending firm said it raised $50 million in a round led by Ribbit Capital. A16z Crypto, Coinbase Ventures, Brevan Howard, Kraken Ventures and Pantera were among a long list of participants in the raise. “The potential impact of Morpho extends far
A broad weekend selloff in crypto accelerated during Sunday evening U.S. hours, sending bitcoin (BTC) plunging to levels not seen since February and ether (ETH) back to prices not seen since December. Bitcoin is lower by 12% over the past 24 hours and 20% on a week-over-week basis. Now down 21% over the past 24
The encrypted messaging app Telegram rolled out a browser and “mini app store” this week, the latest salvo in what has been a busy few months for Telegram and the associated TON blockchain. Telegram’s browser gives users more streamlined access to the mini apps, such as “Hamster Combat” and “Catizen,” which have captured users’ attention
Bitcoin slumped under $60,000 in early U.S. hours Sunday as a market sell-off continued into its fourth day, with bullish futures bets losing nearly $200 million in the past 24 hours. Ether (ETH) fell under $2,900, retracing all gains from its run to $3,400 in July as spot ETH exchange-traded funds (ETFs) were approved for
Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter . Welcome to the On the Margin Newsletter, brought to you by Ben Strack and Casey Wagner. Here’s what you’ll find in today’s edition: What we learned from the Q2
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter . Howdy! Man, if I was unemployed, I would be doing little else but watching the Olympics right now. I had forgotten what a fun event it is. My new favorite sport: canoe slalom
The crypto market decided to take a nosedive over the weekend, with Bitcoin taking the express elevator down to below $60,000 for the first time since July 13. Observers took to X.com to blame the plummet on a cocktail of factors, including Israel’s bracing for potential attacks from both Iran and Hezbollah, with warnings of
The sudden shutdown of ZKX, a social derivatives trading platform on the Starknet layer-2 network, drew the ire of both investors and market makers. The closure, announced on July 30 by founder Eduard Jubany Tur, cited a lack of economic feasibility for the project as the primary reason. However, the abruptness and lack of communication
Two meme coins riding on the name of new Democratic presidential candidate Kamala Harris have seen notable fluctuations in the last 24 hours. Kamala Harris (HARRIS) has experienced a remarkable 115.46% increase over the past day and is currently trading at $0.001936. This surge is significant considering its market cap of $1.66 million and a