Crypto Industry News

The crypto industry is quite turbulent, but also innovative, impactful, or even fun. Many dozen events of all kinds happen each day, giving crypto enthusiasts plenty to keep them interested.

We dig for the best stories to share them with readers and have quite a few news categories here on TradeCrypto for all these stories. But whatever news on the many crypto companies and events doesnโ€™t fit anywhere else, goes in the general crypto industry news.ย ย 

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Coinbase L2 network greeted with massive confidence
Crypto Industry News
Coinbase L2 network greeted with massive confidence

Coinbase’s Base is a great vote of confidence for Ethereum ๐Ÿš€ The goal is to onboard 1B+ users ๐Ÿ’ฐBeware, SEC scrutiny may be on the way. ๐Ÿ•ต๏ธโ€โ™€๏ธ

24.02.2023 10:042 min read
Forsage founders indicted for $340 million Ponzi scheme
Crypto Industry News
Forsage founders indicted for $340 million Ponzi scheme

Huge red flag. ๐ŸšฉAnother agency screaming ๐Ÿคฌ it’s a scam. Can we expect a new video of Forsage saying it’s a lie?๐Ÿคก

23.02.2023 09:222 min read
Solana Spaces to close physical stores in NYC and Miami
Crypto Industry News
Solana Spaces to close physical shops in NYC and Miami

From brick-and-mortar to digital storefronts ๐ŸŒ, Solana Spaces is now focused on bringing you the best NFT experience with DRiP.

22.02.2023 09:552 min read
Crypto hedge fund Galois closes after losing $40M to FTX
Crypto Industry News
Crypto hedge fund Galois closes after losing $40M in FTX exposure

FTX’s collapse has claimed another victim ๐Ÿค•. Galois Capital is shutting down after losing $40 million ๐Ÿ’ธ. Contagion spreads.๐Ÿคข

20.02.2023 09:082 min read
SEC sues Do Kwon and Terraform Labs for misleading investors
Crypto Industry News
SEC suing Do Kwon and Terraform Labs for misleading investors

๐ŸšจSEC’s lawsuit against Do Kwon for “multi-billion dollar crypto asset securities fraud”๐Ÿคฏ could set a precedent for stablecoin issuers. But where is Do Kwon?๐Ÿคก

17.02.2023 10:382 min read
Celsius exits bankruptcy by accepting NovaWulf's bid
Crypto Industry News
Celsius exits bankruptcy by accepting NovaWulf’s bid

Justice closer than ever before.๐ŸคCelsius creditors promise that execs won’t spoil the deal. ๐Ÿค›Keep your pockets ready for the funds.๐Ÿ’ฐ

16.02.2023 09:093 min read
Celsius creditors want to sue Alex Mashinsky and other execs
Crypto Industry News
Celsius creditors propose to sue Alex Mashinsky and other execs

๐Ÿšจ Celsius executives may be sued for fraud, mismanagement & self-interest by creditors committee. ๐Ÿ’ธ $1B lost, CEL tokens manipulated.

15.02.2023 09:082 min read
Binance faces wave of withdrawals and BUSD redemptions
Crypto Industry News
Binance facing wave of withdrawals and BUSD redemptions

Binance sees major withdrawals and BUSD redemptions after regulators crack down on Paxos. ๐Ÿ’ช Despite that, withdrawals were managed with ease. ๐Ÿ’ฐ

14.02.2023 09:102 min read
SEC to sue Paxos over Binance stablecoin BUSD: WSJ
Crypto Industry News
SEC to sue Paxos over Binance stablecoin BUSD: WSJ

Paxos in hot water! ๐Ÿ’ฅSEC accuses Paxos of violating laws with BUSD. 30 days to fight back. Paxos to stop issuing BUSD ordered by NYDFS๐Ÿšถโ€โ™‚๏ธ

13.02.2023 09:082 min read
3AC new exchange meets with rejection in crypto community
Crypto Industry News
3AC’s new exchange meets with rejection in crypto community

๐Ÿ”ฅ Controversial Open Exchange by 3AC launches amidst anger! Raised $25m. TechCrunch founder calls it “saddest bullshit”. ๐Ÿ’”๐Ÿ’ฐ๐Ÿ“ˆ

10.02.2023 10:482 min read
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