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Latest from Sam Reynolds
Dapper Labs Cuts 22% of Staff as NFT Market Craters
Sales volume for Dapper Labs' NBA Top Shot has declined to $2.6 million from $224 million in February 2021.

First Mover Asia: Ripple's APAC Policy Chief Sees Hopeful Shift in Hong Kong Crypto Statement; Dogecoin Soars Again
But Rahul Advani told CoinDesk the industry needs more details about the city’s plans.

First Mover Asia: Scams on Binance's BNB Chain Highlight Weaknesses in Quality Control; Bitcoin Sags
A Solidus Labs report showed that Binance’s BNB Chain leads in volume of scams.

Crowdfunding Platform StartEngine to Acquire Rival SeedInvest From Circle
StartEngine CEO Howard Marks says security token efforts will continue on the combined platform, and terms of the deal were undisclosed.

Most Crypto Scams on BNB Chain, Solidus Labs Says
Crypto risk monitoring platform says it has flagged nearly 200,000 crypto rug pulls and decentralized finance scams since August 2020.

First Mover Asia: China’s Bitcoin-Funded Intelligence Operation in US Likely About Chips; Bitcoin Soars Past $20K
The U.S. Department of Justice is alleging that two Chinese intelligence officers tried to bribe an undercover FBI agent with bitcoin for information about the U.S. government’s investigations into technology giant Huawei.

Celsius Once Solicited Donations for Ukraine. Here’s What Happened Next
After Russia invaded Ukraine earlier this year, several digital-asset platforms rushed to publicize the address of Ukrainian government wallets for crypto donations. Celsius took a different path, setting up its own wallets to accept donations. But how much was donated?

Cathie Wood’s ARK Fintech Innovation ETF Buys More Coinbase
Coinbase is now the third-largest holding for ARKF, even as ARK as a whole trims its position in the crypto exchange.

Ripple’s Director of Engineering Leaves Firm as XRP Turns 10
Nik Bougalis says he’s not joining another blockchain or Web3 company.

Crypto Staking Platform Freeway Halts Withdrawals, Citing Market Volatility
The small-cap platform that promised users up to 43% in annual awards puts the brakes on withdrawals and scrubs its team from the site.
