Crypto founders share debanking stories during ‘Operation Chokepoint 2.0’
Frax Finance was allegedly among the crypto companies targeted by the debanking effort, according to the platform’s founder.
Related Posts


Bitcoin price clings to $38K, but Dollar Index bounce could put BTC under pressure
A recent run-down in the United States Dollar Index (DXY) stopped midway as investors awaited U.S. job data for a guide on the viewpoint for interest rates. Meanwhile, Bitcoin (BTC) moved inversely to the greenback.The DXY rose to its intraday high of 92.195 on Wednesday, up 0.45% from its Friday low of 91.782. The move…

The outcome of SBF’s prosecution could determine how the IRS treats your FTX losses
FTX founder Sam Bankman-Fried has received official criminal charges after the collapse of his cryptocurrency exchange, which is more than just a moral victory for the exchange’s roughly 1 million individual investors. While not locked in yet, things appear to be on track for these investors to take a more favorable tax position as SBF’s…

OpenSea volumes go bananas as collectors pile back into Bored Ape Yacht Club NFTs
NFT sale volumes are a mere shadow of what they were in previous months, but renewed interest in Bored Ape Yacht Club NFTs and a new Lil Baby Ape Club derivative project could be reversing the trend. 1078 Total views 12 Total shares Crypto Twitter nonfungible token (NFT) influencers have been relatively quiet over the…

Bitcoin rejects near $37.5K, on-chain data shows capitulation from short-term holders
On-chain data shows short-term Bitcoin holders continue to capitulate while long-term investors have been buying the dip in anticipation of the market moving higher. 2071 Total views 3 Total shares Bitcoin started the week off with an abrupt bullish breakout to $37,500, a level some analysts have identified as a crucial 'line in the sand',…

Two Italian High Schools to Issue Digital Diplomas With Blockchain
Two Italian high schools will begin issuing unchangeable and easily shareable digital diplomas with the Ethereum’s blockchain public technology.The measure, as reported by Cointelegraph Italia on March 12, seeks to make the entire process of issuance and traceability transparent, but above all, to solve a long-standing problem in the country: fake diplomas.The mentioned schools are…

15 ways crypto companies can manage costs in the current economy
Crypto winter has been challenging enough for the industry; it doesn’t help that the broader macroeconomic environment is uncertain as well. With ongoing talk of a potential recession, tightening access to investor capital and rising interest rates, some crypto and blockchain companies are joining their peers in other industries in exploring cost-cutting measures. While trimming…

Umami Labs founder: DAOs aren’t always the answer
As the decentralized finance (DeFi) ecosystem grows in size and influence, the question of how to best govern DeFi protocols has taken center stage. In crypto-native circles, decentralized autonomous organizations (DAOs) are far and away the most popular governance structures.DAOs are often touted as an all-in-one fix for everything from investor-manager alignment to regulatory risk.…

Top Crypto Exchange Huobi Pays Its Dues to Beijing by Setting up Communist Party Committee
The company behind major cryptocurrency exchange Huobi has created a Communist Party branch as part of its obligations to the Chinese state, the company’s U.S.-based subsidiary Huobi Info confirmed Nov. 16.Singapore-based Huobi, which was founded in China and has sought considerable international expansion this year, has appeared to opt for “closer ties” with the government.…