After months of public infighting and turmoil, popular DeFi platform Sushi has passed an ambitious governance overhaul designed to streamline internal processes with a hierarchical, departmental structure. The proposal is the conclusion to the latest chapter in a remarkably turbulent story about the protocol’s fall, rise and fall again – a case study for the […]

Hong Kong’s Customs and Excise Department arrested two people suspected of laundering about $384 million through personal bank accounts and a cryptocurrency exchange, the agency said in a release dated Tuesday. The two were arrested under the Organized and Serious Crimes Ordinance (OSCO) for “dealing with property known or reasonably believed to represent proceeds of […]

Marathon Digital (Nasdaq: MARA) agreed to buy 78,000 Antminer S19 XP bitcoin miners from Bitmain for $879.1 million, the company announced Wednesday in an SEC filing. The Las Vegas-based miner said 13,000 machines will be delivered each month from July to December 2022. The deal was announced a week ago without specifying a cost or […]