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Web3 Is Going Great

BlockFi files for bankruptcy

Crypto lending firm BlockFi has filed for Chapter 11 bankruptcy in the wake of the FTX collapse. The company was in dire straits in the spring after Terra and Three… [...]

Shitcoin project tests the limits of cringe by building $600,000 statue of Elon Musk and delivering it to Tesla HQ

A shitcoin project desperate for the kind of pump that sometimes occurs when Elon Musk tweets about a cryptocurrency has gone to new lengths to get his attention. The group… [...]

On November 14, CZ of Binance announced an "industry recovery fund", which he said would devote money to ending "further cascading negative effects of FTX [and] help projects who are… [...]