Co-founder Emiliano Grodzki resigned as CEO but will remain a director.

While the FTX debacle has many Ponzi-like characteristics, most cryptocurrencies do not resemble the infamous schemes.

CoinDesk research shows that per unit of risk, bitcoin and ether performed significantly better than bonds and had similar results to equities in 2022.

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The collapse of Celsius and FTX led to more than 60% of Midas’ assets under management being withdrawn.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