OPNX, the Crypto Exchange From the Founders of Bankrupt Three Arrows Capital, Is Shutting Down
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‘Probably Will Go Meme’: OPNX Investors Refuse to Sell Tokens Despite Shutdown

Despite OPNX officially shutting down later this month, plenty of its traders are refusing to sell their tokens. As news first broke that the crypto bankruptcy claims platform OPNX was going to cease its operations, many investors in its Telegram group initially expressed disbelief and called the news FUD. But as an email from the OPNX team circulated, investors changed…

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Jito Airdrop Hands Out $225 Million to Solana Users
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How to Farm the Aevo Airdrop on Ethereum

Aevo, a decentralized perpetual futures and options exchange built on a custom Ethereum layer-2 utilizing the Optimism tech stack, announced an airdrop and farming program on Wednesday. The airdrop is intended to reward early adopters of the Aevo exchange with its upcoming token, AEVO. Any traders who used the exchange before the announcement will be eligible for the airdrop—but Aevo…

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You Can Play Games Like 'Doom' on Bitcoin and Dogecoin—Here’s What That Means
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You Can Play Games Like ‘Doom’ on Bitcoin and Dogecoin—Here’s What That Means

If you’ve seen headlines in recent months about classic games like Pac-Man and Tetris running on Bitcoin, or a pixel-perfect port of iconic shooter Doom being playable on Dogecoin, you might be wondering: Wait… what does that even mean? Fair question! The explanation isn’t all that complicated, thankfully, but the whole concept of video games running on blockchains designed solely…

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This Hidden New AI Model From Google Beats OpenAI's Dall-E and MidJourney—For Free
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This Hidden New AI Model From Google Beats OpenAI’s Dall-E and MidJourney—For Free

Buckle up ladies and gentlemen, we have a new AI image generator in town, and it’s surprisingly good. It’s surprising because it comes from Google and because it’s not the basic, somewhat ugly, lazy generator you’re used to seeing in Bard. It’s also hidden from the general public —but that doesn’t mean you can’t use it. Its name is ImageFX…

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Bipartisan Lawmakers Seek to Repeal SEC Crypto Accounting Policy
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Bipartisan Lawmakers Seek to Repeal SEC Crypto Accounting Policy

A bipartisan group of U.S. lawmakers are looking to overturn a Securities and Exchange Commission (SEC) accounting standard that places restrictions on crypto custodians. Sen. Cynthia Lummis (R-WY) and Reps. Wiley Nickel (D-NC) and Mike Flood (R-NB) introduced a joint resolution in the Senate and House of Representatives to repeal SEC Staff Accounting Bill (SAB) 121. In a press release,…

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This Week in Coins: XRP Leads Alt Week as Solana, Cardano and Polygon Outperform Bitcoin and Ethereum
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$4.2 Million Worth of Stolen XRP Tokens Frozen on Binance

$4.2 million worth of XRP tokens that were stolen during an exploit earlier this week have been identified and frozen, said Binance CEO Richard Teng. “We will continue to support Ripple in their investigations and their efforts to retrieve back the funds, including closely monitoring the majority of funds still in the exploiter’s external wallets in case they deposit to…

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FTX Exec Investigated for Illegal Donations to Girlfriend's Congressional Campaign: WSJ
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Grand Jury Indicts Hackers Linked to $400 Million Stolen from FTX

Three people have been charged with orchestrating a $400 million hack that is reportedly tied to failed cryptocurrency exchange FTX. A grand jury charged them, ArsTechnica reported, with two counts of conspiracy to commit wire fraud and aggravated identity theft and access device fraud stemming from nearly two years of SIM swapping crimes. According to prosecutors, Americans Robert Powell, Carter…

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From NFT Punchline to $8 Million Raise, ‘Pixelmon’ Preps for MON Token Launch
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From NFT Punchline to $8 Million Raise, ‘Pixelmon’ Preps for MON Token Launch

Pixelmon began its crypto odyssey as one of the most egregious examples of NFT FOMO, as collectors shelled out $70 million for knockoff Pokémon creatures that were so ugly, even the game’s founder called the artwork a “horrible mistake.” But two years and an ownership change later, between a fundraise and an impending token launch, Pixelmon is gunning to have…

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OPNX, the Crypto Exchange From the Founders of Bankrupt Three Arrows Capital, Is Shutting Down
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OPNX, the Crypto Exchange From the Founders of Bankrupt Three Arrows Capital, Is Shutting Down

The Open Exchange—designed as “a solution and home for those harmed by crypto crises”—is shutting down, the company announced in an email to customers today. The OPNX pitch was rooted in the scandal- and failure-ridden cryptocurrency industry, where customers stranded by the crypto crash could trade their pending recovery claims or use them as collateral. Its cofounders were Su Zhu…

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