Winklevoss and Silbert Trade Blows as Fraud Accusations Fly

News

Layer 2s

Optimism Activity Hits New Highs As Layer 2s Close In On Ethereum

NFT News

PleasrDAO to Launch Game Show Featuring Snowden and Ellsberg

Video

Will The Bank Run On Binance Continue?

Podcast Archive

How Arbitrum Became The Number 1 Layer 2

Today’s Sponsors

Chainalysis is on a mission to build trust in crypto for a global economy built on blockchains. Learn more about our blockchain data platform and the work ahead here.

News

Crypto Conflicts

Winklevoss and Silbert Trade Blows as Fraud Accusations Fly

DCG Boss Rejects Gemini CEO’s Accusations of Accounting Fraud

By Aleksandar Gilbert

Gemini CEO Cameron Winklevoss has called for the termination of Barry Silbert, the founder and CEO of crypto conglomerate Digital Currency Group, in a scathing open letter shared on Twitter Tuesday that accuses Silbert and DCG of accounting fraud.

Read the full story in The Defiant

Crypto Conflicts

CZ Zings Genesis-Gemini Fracas With Vow to Protect Customer Assets

CZ Addressed Concerns about Binance and the Market

By Edward Robinson

Changpeng Zhao, the founder and CEO of Binance, said Wednesday that he would never let his exchange expose itself to the stress now engulfing two other major crypto players — Gemini and Genesis.

Read the full story in The Defiant

Sponsored Post

$17.7 Billion Year Highlights Safe Haven Asset

For 2023, investors have one New Year’s resolution: Stop. Losing. Money. From “transitory” inflation, to millennial Bernie Madoff 2.0, 2022 was a wildddd ride in the markets. That is, except for one market.

The blue-chip art market. In fact, art auctions hauled in nearly $18 billion in 2022. The best year everin a 277-year old market – all while financial markets tanked.

Now you’re probably wondering: “That’s great, but how can someone like me (if your last name is Bezos pls ignore) get in on the action?”

There’s one company that I’ve been talking about for over 2 years, that I personally invest with, called Masterworks. They securitize artworks by qualifying offerings with the SEC, allowing YOU to invest in shares of multi-million dollar paintings by names like Banksy.

Masterworks has also built a solid track record with all 11 of their exits netting a profit, the last 3 realizing +13.9%, +35.0%, and +10.4% net returns each. As a trusted partner, The Defiant readers can skip the waitlist to join here.

See important Regulation A disclosures.

Layer 2s

Optimism Activity Hits New Highs As Layer 2s Close In On Ethereum

OP Is Up 32% In the Past Week

By Samuel Haig

Layer 2 adoption is booming, with Optimism setting new records for activity and the combined transaction volume of optimistic rollups closing in on Ethereum’s mainnet.

Read the full story in The Defiant

NFT Projects

PleasrDAO to Launch Game Show Featuring Snowden and Ellsberg

Legendary Whistleblowers Make NFT Debut in January

By Owen Fernau

PleasrDAO, an organization which spontaneously spawned to collectively buy a coveted NFT in 2021, is getting into show business.

Read the full story in The Defiant

Tokenized Securities

Ondo Finance Launches Tokenized US Treasuries and Corporate Bonds

Tokens Will Represent Deposits In Popular Bond ETFs From Blackrock and PIMCO

By Owen Fernau

New DeFi offerings are emerging to adapt to the changing macroeconomic climate, after baseline yields on stablecoins have fallen below low-risk instruments available in traditional finance.

Read the full story in The Defiant

Law Enforcement

US Court Hands Down 10-Month Sentence in Coinbase Insider Trading Case

Nikhil Wahi Also Ordered To Pay Almost $900,000

By Aleksandar Gilbert

The brother of a former Coinbase employee was sentenced to 10 months in prison this week for profiting off the latter’s insider knowledge of soon-to-be-listed tokens.

Read the full story in The Defiant

Crypto Bankruptcies

Binance.US Receives Initial Approval To Buy Voyager’s Assets For $1B

Deal Faces Hurdles From SEC and CFIUS

By Samuel Haig

The bankruptcy court overseeing the affairs of insolvent crypto lender Voyager Digital has given initial approval to Binance.US’s plan to purchase the distressed company’s assets.

Read the full story in The Defiant