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DeFi summer 3.0? Uniswap overtakes Ethereum on fees, DeFi outperforms
23.6.2022
Fees spiked to a high of $8.36 million for Uniswap on June 15, beating out Ethereum on the same day at $7.99 million, and coincided with an 8.7% pump for UNI
Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse
22.6.2022
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation...
Former SEC Lawyer Sees More Crypto Regulations After Celsius Network's Debacle
21.6.2022
“This is going to lead to a real push for some significant regulation and oversight,” Moses & Singer LLP Partner Howard Fischer said on CoinDesk TV’s “All About Bitcoin.”
Elon Musk's Twitter Deal, Bitcoin Adoption Alliance, Delayed Cardano's Upgrade + More News
21.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Elon Musk's Twitter Deal, Bitcoin Adoption Alliance, Delayed Cardano's Upgrade + More News
Celsius token CEL rises 300% in one week amid a GameStop-like 'short squeeze' event
21.6.2022
The crypto lending platform's Insolvency risks puts CEL price at risk of a 70% drop
CEL Token Soars as Celsius Shareholder Proposes Recovery Plan, Celsius Pays Compound
21.6.2022
The troubled crypto lending and borrowing company Celsius’ CEL token jumped today, as a company shareholder proposed a recovery plan, and Celsius made a USD 10m payment to the decentralized finance (DeFi) platform Compound (COMP).
A couple of good news related to Celsius seem to have led to...
Celsius Network Pauses AMAs With Customers Left in the Dark Over Withdrawals
20.6.2022
Crypto lending platform Celsius Network has paused AMAs (ask-me-anything) and Twitter spaces following its decision to freeze withdrawals last week
Binance to Enable BEP20 Network Upgrade
20.6.2022
The official newsletter from Binance announced support for the BNB Smart Chain’s upgrade and hard fork. Referred to as the Euler Upgrade, it will go live on the 22nd of June at the block height of 18,907,621. The network will suspend all deposits and withdrawals approximately at 7:00 UTC...
Celsius recovery plan proposed amid community-led short-squeeze attempt
20.6.2022
BnkToTheFuture co-founder Simon Dixon has proposed a recovery plan similar to the solution offered to Bitfinex after its Bitcoin hack in August 2016 – allowing customers to be compensated for their losses through tokens tied to the platform’s recovery
Namibian Educator: Low Level of Crypto and Blockchain Adoption in Africa Compelled Me to Write a Book
19.6.2022
Blockchain and crypto enthusiasts have for years preached about the much envisioned mass adoption of this fintech and why this is an important goal that must be achieved sooner than later. However, many factors like ignorance, a lack of information, and poor telecommunication infrastructure have...
Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower
18.6.2022
While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of writing, the hashrate is coasting along at 184 EH/s after a slight rebound following the drop. With the price...
SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze
18.6.2022
The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities Regulators Investigate Celsius’ Withdrawal Freeze The U.S. SEC and securities regulators...
Top 5 New Crypto Books to Read in 2022
18.6.2022
While podcasts seem to have taken over as the most popular medium for educational content in the cryptocurrency space, crypto books remain an excellent way to learn about Bitcoin (BTC), Ethereum (ETH), digital assets, and other crypto technologies.
Read on to discover a list of five recently...
Revoland Holding IDO on EverStart
18.6.2022
PRESS RELEASE. EverStart, a DAO-controlled multi-chain launchpad built on the Everscale blockchain network and Revoland, a blockchain-based MOBA & Battle Royale video game, are partnering for an initial DEX offering. In the IDO, participants will be able to acquire REVO, a governance token...
XRP price technical breakdown boosts chances of a 40% drop by July
17.6.2022
XRP's bearish outlook is driven by a mix of technical and fundamental factors that could see price drop to $0.18 next
Celsius Reportedly Unlikely to Get Bailout Money from Investors
17.6.2022
As the downturn triggered by Celsius Network (CEL) continues to impact crypto businesses worldwide, investors behind the business are unlikely to ensure more financing to bail out the troubled crypto lender, "people with knowledge of the situation" told Financial News....
Read More: Celsius...
Bastyon Crypto Social Network Integrates TOR Network and Releases Post Advertising for Pocketcoin (PKOIN)
17.6.2022
PRESS RELEASE. Bastyon as the Web 3.0 Social Platform Most crypto projects are nothing but cones of a few successful coins. Bastyon, on the other hand, is a fast-growing social platform that combines elements of Youtube, Twitter and Torrent; it recently passed four hundred thousand users...
Circle Launches Second Major Stablecoin Backed 1:1 by the Euro
16.6.2022
On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethereum network and will be “available to mint and redeem on June 30th.” Circle...
Report: Celsius Hires Citigroup to Help the Startup Find ‘Potential Financing’
16.6.2022
According to “two people familiar with the matter,” the cryptocurrency lending company Celsius is working with the financial giant Citigroup in order to get advice on how to handle the firm’s financial hardship. The sources note that Citigroup was hired by Celsius to help...
Texas, Other States Open Investigation Into Celsius Network Following Account Freeze
16.6.2022
Several U.S. states including Texas and Alabama are investigating Celsius Network’s decision to halt customer withdrawals