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An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs spent $613M trying to defend the UST stablecoin in May 2022 (Oliver Knight/CoinDesk)

[ad_1] Oliver Knight / CoinDesk: An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs…

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Tether freezes FTX's $46M in USDT on the Tron blockchain at the request of law enforcement while investigations occur (Oliver Knight/CoinDesk)

[ad_1] Oliver Knight / CoinDesk: Tether freezes FTX’s $46M in USDT on the Tron blockchain at the request of law…

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The US DOJ seizes 50,676 bitcoin, worth around ~$1B, defrauded from the Silk Road in 2012 by James Zhong, who pled guilty to wire fraud (Oliver Knight/CoinDesk)

[ad_1] Oliver Knight / CoinDesk: The US DOJ seizes 50,676 bitcoin, worth around ~$1B, defrauded from the Silk Road in…

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Chicago-based Strike, a bitcoin payment service that uses the Lightning network for faster transactions, raised an $80M Series B led by Ten31 (Oliver Knight/CoinDesk)

[ad_1] Oliver Knight / CoinDesk: Chicago-based Strike, a bitcoin payment service that uses the Lightning network for faster transactions, raised…

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On-chain data: Wintermute, recently hacked for $160M, has $200M in outstanding DeFi debt, including a $92M Tether loan to TrueFi, due to mature on October 15 (Oliver Knight/CoinDesk)

[ad_1] Oliver Knight / CoinDesk: On-chain data: Wintermute, recently hacked for $160M, has $200M in outstanding DeFi debt, including a…

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Report: Crypto.com backed out of a five-year sponsorship deal worth $495M with the UEFA Champions League due to regulatory concerns in the UK, France, and Italy (Oliver Knight/CoinDesk)

[ad_1] Oliver Knight / CoinDesk: Report: Crypto.com backed out of a five-year sponsorship deal worth $495M with the UEFA Champions…

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Cryptocurrency exchange Nuri, previously known as Bitwala, filed for insolvency in Berlin and says its customers still have access to their deposits (Oliver Knight/CoinDesk)

[ad_1] Oliver Knight / CoinDesk: Cryptocurrency exchange Nuri, previously known as Bitwala, filed for insolvency in Berlin and says its…

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Filing: Silk Road creator Ross Ulbricht will see his $183M debt forfeited following the 2020 seizure of 69K+ bitcoins connected to an unnamed Silk Road hacker (Oliver Knight/CoinDesk)

[ad_1] Oliver Knight / CoinDesk: Filing: Silk Road creator Ross Ulbricht will see his $183M debt forfeited following the 2020…

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Research: blockchain game companies raised $2.5B in Q1 2022, up 150% YoY; blockchain gaming accounted for 52% of all blockchain activity in March, up 2,000% YoY (Oliver Knight/CoinDesk)

[ad_1] Oliver Knight / CoinDesk: Research: blockchain game companies raised $2.5B in Q1 2022, up 150% YoY; blockchain gaming accounted…

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