Deribit and Blockchain.com Creditors Who Pushed for 3AC Liquidation
Deribit and Blockchain.com exchanges were among the creditors who pushed for the liquidation of embattled crypto hedge fund Three Arrows...
Business
Meta Platforms to Sunset Down Novi Digital Wallet This Fall
The curtain will fall on Meta Platforms’s embattled stablecoin project after a brief run as a tool for money transfers....
KuCoin CEO Denies Withdrawal Freeze Rumors
Key Takeaways KuCoin is rumored to be facing insolvency issues in the fallout from Three Arrows Capital's collapse. The firm's...
FTX CEO Sets His Sights on Acquiring Distressed Mining Companies Next
FTX billionaire Sam Bankman-Fried is eyeing distressed mining companies as potential acquisitions next after extending a credit line to BlockFi....
A Response to WEB 3 Benefits Debate By WAM
Nowadays we’re facing major paradigm shifts, faster than we could ever imagine. The question is, should we keep up with...
Three Arrows Capital Liquidation Ordered by Court
Teneo Restructuring has been commissioned to manage the liquidation procedure. 3AC has multiple illiquid assets in the form of venture-capital...
ConsenSys Partners With StarkWare – Crypto Briefing
Key Takeaways ConsenSys and StarkWare have entered a partnership. Infura and MetaMask are integrating StarkNet, allowing developers and users to...
Enjoy Zero Swap Fees and Team Farming
Nomiswap provides a decentralized exchange platform with the lowest fees and a binary referral system. Decentralized exchanges have been rising...
Austrian Exchange Bitpanda Cuts Third of Workforce
Austrian exchange Bitpanda cuts almost a third of its workforce as it battens down the hatches for an unpredictable crypto...
BlockFi Raises Rates Three Days After FTX Bailout
Key Takeaways BlockFi is increasing its interest rates on BTC, ETH, and stablecoins. The company claims the rise in rates...
ASIC-Backed Loans Worth $4B in Jeopardy as Prices Tank
Loans taken out by crypto mining companies against mining ASICs are under pressure as ASICs drop in value, making the...
BlockFi to Increase Deposit Rates, Removes Free Monthly Withdrawal
BlockFi CEO, Zac Prince, announced Friday that the crypto lender would increase deposit rates and rescind a policy permitting one...
Get Ready for MetaFight – BeInCrypto
MetaFight is an exciting new entertainment company bringing a mixed martial arts (MMA) trading card game to the metaverse. Players...
Solana Mobile Launches an Android Phone for Web3
Solana Mobile has just released an Android phone that lets potentially billions of users get connected on Web3. Solana Mobile...
Solana Unveils Web3 Mobile Phone
Key Takeaways Solana is launching a mobile phone called Saga. Users will be able to download dApps including trading platforms...
Iris Energy to Expand Operations to 4.3 EH/S by Q4 2022
The Sydney-based Bitcoin miner Iris Energy, with sites in British Columbia, Canada, is deploying additional capital to improve its contribution...
Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn
Canadian crypto mining giant Bitfarms has reneged on its hodling strategy and is instead selling 3,000 bitcoins for $62 million...
Celsius crisis and the hated accredited investor laws – Cointelegraph Magazine
Accredited investor laws are the bane of many in the crypto industry, who see them as preventing small investors from...
ProShares Wants You to Short Bitcoin Through Its New ETF
Key Takeaways ProShares will launch the first Bitcoin short ETF on Jun. 21. The ETF will allow investors to hedge...
How KyberSwap Discover Allows You to Spot Tokens Before They Trend
In March 2022, KyperSwap introduced a new feature on its platform to make life easier for cryptocurrency traders worldwide. Dubbed...
Spanish Airline Vueling Becomes BitPay’s Latest Conquest
Vueling, a member of the International Consolidated Airlines Group, signed an agreement with BitPay to allow customers to pay for...
Bank of Israel, Hong Kong Monetary Authority to Test CBDC
The Bank of Israel is collaborating with the Hong Kong Monetary Authority in a trial for a new central bank...
