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Latest from Sheldon Reback
A16z Chooses London as Destination for First Office Outside U.S.
The venture capital firm plans to use the office, which will open later this year, to fund growth in the crypto and startup ecosystems in the U.K. and Europe.

Binance Nigeria Ordered to Halt 'Illegal' Operations by Securities Watchdog
A spokesperson for Binance, which faces U.S. SEC allegations that include operating an unregistered exchange, said the Nigerian company is not affiliated with the firm.

With Ether Options Market Makers 'Long Gamma' at $1.8K, Price Is Likely to Hold
Traders said market makers are holding options with a $1,800 strike price and are likely to influence prices as they try to keep their portfolios direction-neutral.

Curve Finance CEO Egorov Sued by 3 DeFi-Focused Venture Capital Firms
A complaint filed in San Francisco alleges Egorov defrauded ParaFi Capital, Framework Ventures and 1kx.

Bitcoin Trades at Narrow Discount on Binance.US
News of a possible halt in U.S. dollar withdrawals sparked an increase in bitcoin trading as customers looked to remove their assets from the exchange, one observer said.

Hut 8 Says Repairs to Damaged Crypto Mining Equipment Are Taking Longer Than Expected
The delays are impairing the miner's hashrate and bitcoin production.

Crypto Exchange OKX Burns $258M of OKB Tokens in Record Move
OKX periodically buys back and burns the tokens to reduce their supply on the open market.

Cardano Developer Rejects SEC Claim Its ADA Token Is a Security
“Under no circumstances is ADA a security under U.S. securities laws,” IOG said in a release.

Coinbase Shares Are 'Uninvestable' in the Near Term: Berenberg
The investment bank cut its price target on the stock to $39 from $55.

Aave-Developed Lens Protocol Raises $15M to Expand 'Social Layer' of Web3
Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors.
