Crypto traders may have to wait weeks to withdraw funds from the Ethereum blockchain following the launch of its long-awaited ‘Shapella’ software upgrade.

As reported by Reuters, Shapella was intended to unlock $30 billion worth of ether (ETH) staked by investors. However, according to data firm Nansen, around $1.4 billion is currently stuck in a withdrawal queue.

Listen to the article to find out the reason behind the delays.

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US federal authorities are assisting Maltese police in building a case against businessman Luke Milton, accused of stealing up to $700,000 worth in cryptocurrency from a Maltese victim.

Authorities believe Milton, currently out on bail on unrelated charges of kidnapping, convinced a man over lunch to hand over his phone to help them invest in crypto. Instead, he allegedly transferred the man’s tokens into his own wallet. The US is now helping to gain access to the wallet.

Listen to the article if you'd like to know more about Milton and his connection to the Maltese media and government.

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Last week Twitter announced a service that allows users to view the price of crypto and other assets in-app via a partnership with trading platform eToro.

eToro’s real-time prices for crypto, stocks, and more can be found in-app through a new service called $Cashtags, reportedly rolling out on Thursday. However, in order to trade assets, users must click on a 'view on eToro' tab which will take them to the trading platform’s website.

Listen to the article to find out the reasoning behind the collaboration and why crypto Twitter isn't sold on the idea just yet.

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Venture capital firm Andreessen Horowitz continues to call web3 an “evolution of the internet,” citing supposed upgrades from web2 like the potential for democratized ownership of Internet properties. It claims this inevitable transformation will return power to the hands of users.

However, both interests in web3 and related investments are plummeting.

Find out how, despite its optimism, Andreessen Horowitz's web3 ship is actually sinking by listening to the article above.

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Reginald Fowler, the former principal for crypto’s shadow bank of choice, Crypto Capital Corp, has given a sobering account of his personal hardships to court officials, in a bid to receive a lighter prison sentence that would see him spend no time behind bars.

Click on the video above to find out what the former crypto banker said.

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Social media giant Twitter could find itself named alongside Elon Musk, Tesla, and the Dogecoin Foundation in an ongoing class action lawsuit that claims doge is a Musk-controlled Ponzi scheme.

Listen to the article to find out why Elon Musk has found himself on the end of a shiba shaped lawsuit.

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Bitcoin mining pools are straightforward: complete your share of work to earn your share of the winnings. Roughly $10 billion in annual payouts to miners around the globe makes Bitcoin mining the highest stakes proof-of-work (PoW) competition in the world.

However, formulas for calculating payouts to pool participants vary widely. Since the birth of mining pools 13 years ago, pool operators have used dozens of methodologies to smooth out income or reduce the need for trust.

Listen to the article for an explainer on the multiple payout types and the risks and benefits found within each one.

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FTX has filed a new report as part of its ongoing bankruptcy that discusses how failures of internal controls contributed to the firm’s collapse.

The report describes how FTX was led by Sam Bankman-Fried, with other executives almost universally deferring to him. The report also highlights unmanaged so-called ‘key person risk’ with one executive saying, “If Nishad (Singh, the firm’s director of engineering) got hit by a bus, the whole company would be done. Same issue with Gary.”

Listen to the article to learn how FTX lacked an internal audit team, many of its entities worked without key personnel including chief financial officers and chief risk officers and overall possessed questionable corporate structures and safeguarding procedures.

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BitMEX co-founder Arthur Hayes is upset with Three Arrows Capital founders Su Zhu and Kyle Davies over rumors that the duo recently raised funds for their new exchange OPNX from Bahrain’s Sovereign Wealth Fund and were trading through Tai Ping Shan, also known as TPS Capital. 

Using profanity on Twitter, Hayes said he wants his money back immediately. This implyies that he — and many wealthy crypto investors — lost money in the 3AC bankruptcy. Collections in that bankruptcy case have been delayed for months.

Listen to the article to learn about the opaque relationship between Three Arrows Capital and Tai Ping Shan Capital.

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One of the largest market-makers in crypto, Wintermute, claims to generate amazing revenues, trading trillions of dollars across thousands of trading pairs with differentiated strategies.

Media often characterizes its CEO, Evgeny Gaevoy, as a wunderkind savant. Stories of his rise to fame bear eery similarities to once-fawning coverage of Sam Bankman-Fried’s brilliance.

Listen to the article to find out why Wintermute has made many similar claims as other market makers, including the now-bankrupt Alameda Research.

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