The project claims its Bitcoin sidechain can unlock “hundreds of billions of dollars” in DeFi on bitcoin.

Galaxy will also loan $35 million to Argo as part of the deal.

ALSO: CoinDesk Columnist David Z. Morris’ early soothsaying about the seriousness of the allegations against Sam Bankman-Fried, the former CEO of embattled crypto exchange FTX; bitcoin drifts toward $16.7K.

The collapse of Celsius and FTX led to more than 60% of Midas’ assets under management being withdrawn.

Avraham Eisenberg, the crypto investor whose “highly profitable trading strategy” drained DeFi trading platform Mango Markets of crypto worth $110 million, was arrested Monday in Puerto Rico, court documents said.

Pudgy Penguins NFT collection is setting new heights. The rising tide is lifting associated projects, too.

Ian McGinley, a partner at global law firm Akin Gump, discusses why the guilty pleas made by Caroline Ellison and Gary Wang may influence the disgraced CEO’s next day in

The U.S. Department of Justice (DOJ) has reportedly launched a criminal probe into the alleged hack that drained nearly $400 million out of FTX-controlled wallets the night the Bahamas-based exchange

Judge Lewis Kaplan has replaced Judge Ronnie Abrams, who recused herself because of a potential conflict of interest.

Sam Bankman-Fried said in an affidavit he bought Robinhood shares with funds borrowed from Alameda. The admission throws a wrinkle into a lawsuit from crypto lender BlockFi, which says it