Those choices have, in turn, led to genuine financial contagion within crypto markets, including tragic rugpulls for a number of startups that had funds custodied with 3AC. More to the point, though, ...
Category: Crypto
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Citadel Securities business development head to lead the new crypto venture firm
Citadel Securities‘ global head of business development, Jamil Nazarali, quit his position to lead a joint venture firm aiming to increase investors’ access to crypto. The venture firm is a joint effo...
Tumbling Price of Stolen Crypto Spells Trouble for North Korea
The recent market crash has led to the value of stolen crypto held by North Korea to drop by over 60%. The total value of the stolen crypto it holds is estimated to be $65 million, down from $170 mill...
Uzbekistan Sets Regulations for Crypto Miners – crypto.news
The National Agency for Prospective Projects of Uzbekistan (NAPP) has framed a regulation on registration for crypto miners. The executive order exempts all mined assets from taxation and prohibits mi...
China’s BSN Founder Not Fan of Bitcoin, Calls Crypto a Ponzi Scheme
The CEO of Blockchain-based Service Network (BSN), Yifan He in a published article noted cryptocurrencies as one of the biggest “Ponzi schemes in human history.” Yifan also acts as the CEO of Red Dat...
North Korea Retains Lead In Crypto Crimes, Over $1.5 B Stolen
Indeed, the crypto-space has become the favorite place for cybercriminals worldwide for some years, but some countries are more prolific than others. Similarly, continuous cyber-attacks on crypto-orie...
Bear market will last until crypto apps are actually useful: Mark Cuban
Mark Cuban, the billionaire entrepreneur known for his role as one of the main investors on the reality television show Shark Tank, said the crypto bear market won’t be over until there’s a better foc...
Cathie Wood Says Crypto Revolution Will Not Be Stopped
Alex Dovbnya Ark Invest CEO Cathie Wood is convinced that cryptocurrency revolution will not be stopped In a recent interview with CNBC, Ark Invest CEO Cathie Wood sounded upbeat about the future of c...
North Korea’s $400M Crypto Losses Could Hurt Its Nuclear Weapons Program: Report
North Korea’s stores of stolen crypto have plunged in value amid the wider market crash, potentially jeopardizing funding for its weapons programs, according to a report by Reuters. The country has b...
Ducklization, the new mmorpg crypto game on Waves network
SPONSORED POST* Hey, remember ducklization, the innovative crypto game we already told you about in this article? As promised in the pre-sale phase, the game is ready to launch… but what’s going on? …...
Crypto Analyst Reveals Big Downside Target for Ethereum, Predicts Bitcoin Bottom Scenario
A popular analyst is digging into the charts to set low-end price targets for the two largest crypto assets by market cap. Pseudonymous crypto trader Altcoin Sherpa tells his 179,500 Twitter followers...
IRS Forced To Delay Crypto Tax Collection As Industry Struggles With New Rules: Report
The US government is reportedly delaying collecting billions of dollars worth of crypto taxes to give firms in the industry more time to gather relevant information on their customers. According to a ...
This Crypto Winter Suite Could Help You Through Bear Market
Swiss-based crypto products firm 21Shares on Wednesday said it has launched its Crypto Winter Suite to help investors survive bear markets in the volatile crypto market. The first product in the Crypt...
Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Margin calls are coming for cryptocurrency miner...
Why This Crypto Crash Is Different
Then came the pandemic. As governments closed down businesses and handed out money to people unable to work, central banks embarked on the most exorbitant money creation programs in history. Much of t...
What Are The Different Types Of Crypto Mining
BTC Price at the time of writing – $20,057.18 CPU mining uses processors to mine cryptocurrency Shareholders who participate in the Minosis token project benefit as Minosis’ userbase expands Mining wa...
Citadel Securities names CEO for crypto trading venture
Jamil Nazarali, the global head of business development for market maker Citadel Securities, is leaving to become CEO of the firm’s crypto venture, according to a spokesperson. Bloomberg first r...
New report reveals major source of recent crypto market chaos
A new report from blockchain analytics company Nansen offers some insight into how major crypto trading firms including Celsius Network and Three Arrows Capital became over-exposed earlier this month....
Crypto Fund Three Arrows Capital Ordered to Liquidate: Report
The Singapore-based crypto fund Three Arrows Capital (3AC) has been ordered to liquidate by a court in the British Virgin Islands, according to Sky News. Sky News reported that Teneo Restructuring wil...
When Will Crypto Markets Recover? Former Coinbase Exec Weighs In
Tom Loverro, a long-time crypto investor who formerly served on exchange Coinbase’s board, says it may take years before markets recover from a crypto winter. Loverro said in a Twitter thread the ongo...
A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital – Bitcoin News
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 formall...
Coin Bureau Names Potential ‘Future Gems,’ Including Avalanche (AVAX), Helium (HNT) and Two More Altcoins
A popular analyst known for taking deep dives into crypto projects is revealing a few altcoins that he thinks may soon be the future gems of the next bull market. In a YouTube update, the pseudonymous...
Crypto Venture Capitalist Says Solana (SOL) Going Through Same Bear Phase As Ethereum (ETH) in 2018
One crypto veteran says Solana (SOL) is currently going through a similar phase to what Ethereum (ETH) experienced four years ago. Crypto venture fund Variant co-founder Spencer Noon tells his 112,100...
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 build and explore the Layer 2 solution. StarkNet is exp...
Bitcoin, Binance Coin, Polygon, and Uniswap Daily Price Analyses – 29 June Morning Price Prediction
The changes in the global crypto market have remained negative as the market continues to change. It has affected the performance of Bitcoin, Binance Coin, and other major names. The result of these l...
CoinFLEX Issues New Tokens Backed by a Crypto Whale – crypto.news
CoinFLEX, in response to its liquidity problems, has found an original solution to avoid the financial catastrophe: an unknown crypto whale has provided their personal guarantees to protect from poten...
Bank of America says crypto ecosystem is here to stay
A report from the Bank of America (BoA) says the investors are still interested in cryptocurrency, and blockchain technology and the crypto ecosystem is here to stay. The report, published on the 28t...
Recapping What’s Behind The Crypto Market Panic
The current streak of extreme fear is already the longest ever in crypto history, and it’s continuing on still. Here’s a recap of the major events responsible for this bottom sentiment. Crypto Fear An...
Young Web3 Believers Unfazed by Battered Crypto Market
In the Bay Area, a student pursuing a master’s program in software management at Carnegie Mellon University Silicon Valley expresses his concern about embarking on a crypto career. The student, who wi...