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Report: A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital
29.6.2022
According to a recent report from Sky News citing a source familiar with the matter, “cryptocurrency insiders” have said that the troubled crypto hedge fund Three Arrows Capital (3AC) has been formally liquidated by a British Virgin Islands (BVI) court. The report does not disclose...
Young Web3 Believers Unfazed by Battered Crypto Market
29.6.2022
Students and recent graduates are undaunted in their plans to launch their careers in crypto, despite reports of layoffs and price volatility
Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property
29.6.2022
"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report
It’s time to refocus on crypto infrastructure, CoinShares CSO says
29.6.2022
CoinShares CSO Meltem Demirors finds crypto infrastructure and developer tools more interesting than Web3 and the money aspect of crypto during the current bear market
Crypto Derivatives Exchange Bybit to Settle Options Contracts in USDC
29.6.2022
The derivatives leader announced in a press release that it will be settling its options trading market in the second-largest stablecoin by market cap
Governments, enterprise, gaming: Who will drive the next crypto bull run?
29.6.2022
With all the recent turbulence in the crypto space, the question of the moment is: What will drive the next crypto bull run?
FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming
29.6.2022
In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old...
21Shares responds to bear market with crypto winter ETP
29.6.2022
The Swiss crypto ETP issuer wants to make it easier for investors to get exposure to Bitcoin amid extreme fear on the market
Can Crypto Launchpads Maximise Your Revenue? Earn With BoostX, Polkadot (DOT), & Tezos (XTZ)!
29.6.2022
Although cryptocurrency has made a lot of people rich and is constantly advertised as a way to make passive income, it is still risk-free to buy into the market due to its volatility. So what is the secret of successful buyers? Can You Really Replace Your Income? Cryptocurrency continues...
Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
29.6.2022
With revenues drying up, crypto miners are struggling to meet loan obligations, which total up to $4 billion for the industry
KuCoin Launches Key EUR Spot Trading Pairs to Boost European Crypto Adoption
29.6.2022
Europe is one of the significant proverbial battlefields for cryptocurrency to gain broader mainstream traction. Streamlining access to cryptocurrencies through EUR-based deposit methods is essential. KuCoin, one of the biggest crypto exchanges worldwide, will enable three key EUR spot trading...
Flipside Crypto launches NFTs to pull multi-chain data
29.6.2022
Flipside Crypto co-founder and CEO Dave Balter stated the NFTs will save users the trouble of having to “manage nodes, complex data pipelines or petabyte-scale databases.”
Double bubble? Terra's defunct 'unstablecoin' suddenly climbs 800% in one week
29.6.2022
The USTC price rally does not mean it would reclaim its lost U.S. dollar peg in the future
Deutsche Bank: Crypto Freefall Could Continue Because of the System’s Complexity
29.6.2022
As bitcoin and other cryptocurrencies are speculative, high-risk assets, they are disproportionately affected by central bank tightening, the bank said
Crypto Market Struggles as Bitcoin Tests USD 20K, Analysts Warn of Further Downside, 3AC Liquidation Reportedly Ordered
29.6.2022
The crypto market saw losses across the board on Wednesday as bitcoin (BTC) once again dipped below the USD 20,000 mark, and some analysts pointed to a risk of further downside.
On Wednesday at 10:30 UTC, BTC stood at USD 20,123, down by 4% for the past 24 hours and by 3% for the past week. At...
Citi Flags Crypto-Backed Real Estate Mortgages Amid Falling Market Conditions
29.6.2022
Citigroup has published a series of comments on mortgages backed by cryptocurrency as well as digital real estate in the Metaverse
Bitcoin advocate criticized for backing wallet authentication project
29.6.2022
After being swarmed by critics, Bitcoin advocate Nic Carter asked crypto Twitter to unfollow him if they disagree with any of his investments
Russian Parliament Adopts Tax Rules for Digital Assets
29.6.2022
Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. Russian Duma Passes...
A Major Crypto Exchange Abandons Ethereum: Is the World’s Computer Falling Behind?
29.6.2022
By ditching Ethereum for Cosmos, dYdX has sparked claims that it has chosen sovereignty over security
Crypto market crash wipes out millions from North Korea's stolen crypto funds
29.6.2022
While North Korea leads the world in crypto crime, crypto analytic firms have estimated that DPRK hackers have found it increasingly difficult to launder stolen crypto funds