Crypto traders were reminded of Terra’s LUNA early Monday as trendy real-world asset upstart Mantra’s OM token dropped 90% within hours on no sudden catalyst — with conspiracy theories and allegations running abound among crypto circles. OM plunged …

Just two months ago, the total value of funds locked (TVL) on HyperLiquid, a decentralized derivatives exchange (DEX) that allows traders to generate returns by staking to a shared vault, sat at a record $540 million. Now, users are fleeing, TVL …

Virgil Griffith, a former Ethereum developer jailed for attending a crypto conference in North Korea in 2019, was released from prison and is on his way to a halfway house, according to his lawyer, Alexander Urbelis. Urbelis, general counsel of the …

It started with a noisy desk. The desk was a wooden cubicle in a lab at Northumbria University, in northern England, where a young AI researcher began his PhD track. This was in 2015. The researcher was Ben Fielding, who had built a large machine …

Justin Sun bailed out Techteryx’s TrueUSD stablecoin after nearly half a billion dollars of its reserves were rendered illiquid, people close to the matter confirmed, and the stablecoin issuersaid in Hong Kong court documents. An excerpt of the writ …

The U.S. Securities and Exchange Commission has dropped or paused over a dozen ongoing cases (and lost one) since U.S. President Donald Trump retook office just over two months ago and appointed Commissioner Mark Uyeda as acting chair. You’re reading …

One cold February morning in 2014, Kolin Burges stood outside Mt. Gox’s Tokyo office, clutching a handwritten cardboard sign and demanding answers from the bitcoin exchange’s CEO, Mark Karpeles, about his missing tokens. Eleven years later, the …

WASHINGTON, D.C. — Unicoin CEO Alex Konanykhin said he’s asked the U.S. Securities and Exchange Commission to pull its investigation against the crypto operation and hasn’t yet received a response. Unicoin represented a final shot against the …

Mike Selig, the newly-appointed chief counsel for the SEC’s Crypto Task Force, was previously a New York-based partner at Willkie Farr & Gallagher LLP.

Tyler Williams, a crypto lawyer hired as the crypto counselor for Treasury Secretary Bessent, said there’s a ton of inside work to be done in the department.