According to reports, Blockchain.com is in danger of losing the US$270 million it lent to the newly bankrupt crypto hedge fund Three Arrows Capital (3AC). In a letter to shareholders dated June 24 tha...
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Blockchain.com loses $270 million with 3AC
The historic crypto exchange, Blockchain.com, said it’s going to lose $270 million as a result of the Three Arrows Capital (3AC) affair. 3AC goes bankrupt and Blockchain.com cannot collect on $270 mi...
Blockchain Comics Integrates Immutable X To Launch New Comic NFTs
Blockchain Comics has announced plans to launch its first interactive comic book series-themed non-fungible tokens (NFTs). Blockchain Comic anticipates utilizing its NFTs to empower holders to become ...
The First Subscription-Based Blockchain Game
Blockchain technology is disrupting many industries, and the gaming sector is no exception. The tech is rapidly transforming how online games are played, introducing a new method of asset ownership an...
MH Ventures Partners Sangnila Blockchain For Eizper Chain
The official newsletter from MH Ventures on June 8 confirmed its arrival in the GameFi ecosystem of the RPG Eizper Chain. Set to be a role-playing game, the new product is expected to bring GameFi to ...
Quantum Ledger Technology Curbs the Threat of Quantum Computers on Blockchain » NullTX
Blockchain technology has been one of the most significant technological developments over the past half-century. This open-source ledger allows people to perform peer-to-peer transactions, corporate ...
Russia’s biggest bank executes first digital asset transaction on its blockchain platform
Sberbank, the largest bank in Russia and majority-owned by the government, has conducted the first digital financial asset transaction on its own blockchain-based platform. Announcing the news today, ...
Russian Sberbank Conducts First Digital Asset Trade on its Blockchain Platform
Sberbank, a Russian majority state-owned bank, announced on Saturday that it has conducted the first digital financial asset transaction on its own platform. The lender said that through the use of i...
Crypto Exchange Blockchain.com Faces $270M Loss on 3AC Loans – crypto.news
Blockchain.com has lost $270 million to Three Arrows Capital, according to a letter sent to shareholders two weeks ago. The firm’s CEO reassured clients that they would suffer no repercussions from th...
Redefining The Gig-Based Economy With Blockchain Technology And Cryptocurrencies
Just like the era of fractionalization has seen office sharing, ridesharing, and even apartment sharing arrive on the scene, it has also transformed work and employment opportunities, setting the stag...
Blockchain.com May Suffer $270M in Losses for 3AC’s Insolvency
Cryptocurrency exchange Blockchain.com may suffer a total of $270 million in losses due to Three Arrows Capital’s inability to repay loans due to the bankruptcy and liquidation of Three Arrows C...
Blockchain as the new internet planner
In my latest article “Crypto, like railways, is among the world’s top innovations of the millennium,” I compare the blockchain revolution to the railway boom. If we apply this analogy further, what’s ...
Blockchain.com stands to lose $270 million on Three Arrows loans: CoinDesk
Crypto exchange Blockchain.com stands to lose $270 million it lent to the liquidated crypto hedge fund Three Arrows Capital (3AC), according to a report from CoinDesk on Friday. The news was revealed...
Blockchain Industry Disappointed By Europe’s New KYC Regulations For Cryptocurrencies
The European Parliament decided to criminalize anonymous cryptocurrency transactions by ensuring that all transactions provide information about the people involved. The new know-your-customer r...
Ripio exchange announces the development of a Blockchain-based on Ethereum
Recently, the Argentine crypto platform Ripio announced the launch of Ethereum Sidechain, which would correspond to an individual Blockchain linked to the ETH network. Although virtual commerce is goi...
Soulbound Tokens and Decentralized Society: An Interview with Glen Weyl
Key Takeaways Crypto Briefing spoke with economist Glen Weyl about his vision of decentralized society and the role “soulbound” tokens might play in them. His paper, “Decentralized Society...
Bitcoin Miner Argo Blockchain Reports Selling 637 BTC to Reduce Loan – crypto.news
The Bitcoin mining firm Argo Blockchain PLC is the latest miner to disclose selling more Bitcoin in a month than it mined. The firm reported having an outstanding balance of $22 million on a loan from...
Crypto Exchange Blockchain.com May Lose a Whopping $270 Million! Here’s Why
Cryptocurrency exchange Blockchain.com stands to lose $270 million by lending money to Three Arrows Capital, the leveraged hedge fund that is currently the subject of a liquidation order in the Britis...
Yesports and INFINITY Begin a Blockchain Partnership – crypto.news
The Latin American multi-gaming organization, INFINITY, has gone into a new partnership. The sports organization’s partnership with Yesport is to launch an NFT-based fans’ engagement program. Yesport ...
World Blockchain Summit Returns to Singapore with an In-Person Event
Presented by Sedition the 20th edition of #WorldBlockchainSummit is a platform to meet, network and learn from more than 700 of the world’s leading crypto and blockchain influencers, policymakers, and...
A mandate for blockchain businesses is to rebuild global trust
Trust is the cornerstone of socioeconomic success and geopolitical balance. Our current world is exhibiting a massive trust deficit. Distrust is resulting in socioeconomic failures and geopolitical an...
Applications of Blockchain in Environmental Conservation Techniques – crypto.news
Policymakers worldwide have focused on using various technological tools to address the challenges of climate change and biodiversity loss in the last few years. An emerging technology that has sparke...
Investment Association lobby for approval of blockchain-traded funds
Britain’s quality management business is pushing the govt to ascertain a replacement category of fund using blockchain technology, lightness however monetary corporations are sound to the design that ...
Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure – Bitcoin News
According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent l...
DeFi Giant Aave Unveils Plans for New Decentralized Stablecoin Based on Ethereum (ETH)
A popular decentralized finance (DeFi) protocol is preparing to launch its own community-supported US dollar-pegged stablecoin. In a new announcement, lending and borrowing platform Aave (AAVE) says i...
Blockchain.com Loses $270M in 3AC Chaos
Key Takeaways Blockchain.com has lost $270 million to Three Arrows Capital, according to a letter sent to shareholders two weeks ago. Nevertheless the firm remains “liquid” and “solvent,” the CEO said...
Hive Blockchain reports 278.5 BTC mined in June
Crypto mining firm Hive Blockchain produced 278.5 BTC and 2,542 ETH in June. The company currently holds 3,239 bitcoin and 7,667 ether, according to a statement on Thursday. Hive increased its bitcoi...
Reddit announces new blockchain-backed ‘Collectible Avatars’
Content aggregation, ranking and discussion website Reddit announced a new blockchain-backed avatar system on Thursday. Though no official date was revealed, the company suggested that the avatars wil...
Riot Blockchain dumps New York, moving its miners to Texas
Bitcoin miner Riot Blockchain, among the largest in the US bitcoin mining space, is moving its miners from New York to Texas. The move comes as the Bitcoin miner looks to cut costs associated with hav...
VC firm Konvoy launches new $150M fund, eyes blockchain-based games
Venture capital firm Konvoy Ventures is set to fork out at least $30 million to back various cryptocurrency and blockchain-based games. The American firm announced the launch of Konvoy Fund III, with ...