US-based cryptocurrency brokerage platform Voyager Digital announced on Monday that it had passed a notice of default to the insolvent hedge fund company, Three Arrows Capital (3AC). The public notice...
Tag: eth price
Top 5 Undervalued Cryptocurrencies in 2022
Bitcoin and Ethereum are the world’s largest cryptocurrencies, attracting retail and institutional investors. Outside of these top two, there are other coins, including undervalued cryptocurrencies. D...
BlockFi Raises Interest Rates on Crypto Deposits Despite Market Downturn
Leading cryptocurrency lending platform BlockFi has disclosed plans to increase rates on selected crypto assets, including BTC, ETH, and USDC, in its Interest Account (BIA) starting July 1. “On Frida...
SEC Chair Gary Gensler Pushes for “One Rulebook” to Regulate Crypto
Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), has once again called out for cryptocurrency regulations after warning investors to be aware of crypto assets ...
Solana Announces New Blockchain Smartphone for Web3 Experience
Solana Mobile, the newly established mobile technology division of Solana Labs, has unveiled its first Android smartphone to promote the web3 experience on the go. Solana Announces New Smartphone In ...
Crypto Derivatives Exchange CoinFLEX Suspend Withdrawals, Citing “Extreme Market Conditions”
Popular cryptocurrency derivatives exchange CoinFLEX has joined a growing list of crypto-related platforms that have suspended withdrawals. In an official announcement on Thursday, the exchange noted...
How to Make Passive Income With KuCoin During a Bear Market?
The cryptocurrency market is currently in a slump. However, it is not the end of the world. There are still a lot of opportunities to make money with cryptocurrencies and, moreover, passively. One of ...
What Is Binance Swap Farming, and How to Use It?
If you use Binance, you know it is not just a regular exchange. It is a whole ecosystem consisting of many different exciting products. One of them is Binance Swap Farming, which we will focus on in t...
Axie Infinity’s Ronin Network to Reopen Bridge Months After $625M Hack
Ronin Network, the Ethereum-based sidechain created by Axie Infinity developers, has announced that it will reopen its bridge to aid users with the ease of moving their assets across the Ethereum netw...
Harmony Protocol Loses $100M to Horizon Bridge Hack
Blockchain network, Harmony Protocol, has reported a security breach leading to the loss of approximately $100 million. Hackers exploited a vulnerability to steal 85,837 ETH (appr. $100 million) from ...
Binance CEO CZ Backs Crypto Bailouts, but Only for ‘Great’ Projects
The past two weeks have been a difficult time for the global crypto market. Many crypto projects were impacted and the total market capitalization slipped below the $1 trillion mark. Some affected cry...
Binance Partners Legendary Footballer Cristiano Ronaldo For NFT Push
Leading cryptocurrency exchange, Binance has recently announced an exclusive multi-year NFT partnership with the legendary Portuguese footballer, Cristiano Ronaldo. According to an official announceme...
Binance.US Cancels Fees on Bitcoin Spot Trading Pairs
Binance.US, the American affiliate of the leading cryptocurrency exchange Binance, has removed fees for Bitcoin trading pairs from its spot market. Binance.US Cancels BTC Spot Trading Fees The exchang...
Crypto Payment Firm Roxe Plans to Go Public via $3.6B SPAC Deal With Goldenstone
Global blockchain payments infrastructure firm Roxe Holding has signed a merger agreement with New York-based special purpose acquisition company (SPAC) Goldenstone Acquisition Limited. Roxe Plans to...
Crypto Crash Survivors Could Be the Next Amazon
The Bank of England’s (BoE) Deputy Governor, Jon Cunliffe, has once again demonstrated his stance on cryptocurrencies, noting that survivors of the current market crash “could become the technology co...
Crypto Startup FalconX Hits $8 Billion Valuation After Raising $150 Million
Institutional crypto trading platform FalconX has raised $150 million in a Series D funding round, bringing the company’s valuation to $8 billion. This means that FalconX’s valuation has more than dou...
Tether Plans to Launch Another Stablecoin Pegged to the British Pound Sterling
USDT stablecoin issuer Tether announced Wednesday its plan to launch a new stable digital currency pegged 1:1 to the British Pound Sterling. The firm disclosed that the new stablecoin, dubbed GBP₮, wo...
Popular Online Marketplace eBay Acquires NFT Platform KnownOrigin
Popular American e-commerce firm eBay announced Wednesday that it had acquired the Ethereum-based NFT marketplace, KnownOrigin. eBay Acquires KnownOrigin The acquisition is aimed at integrating the no...
Huobi’s Former Manager Faces Lawsuit for Illegal Trading
Chen Boliang, a former senior manager at crypto exchange Huobi, has been sued for conducting illicit trading, the Financial Times (FT) reported on Wednesday. Huobi’s Former Manager Sued for Illegal Tr...
Voyager Discloses $660M Exposure to Troubled VC Firm 3AC Capital
Publicly-traded crypto platform Voyager Digital has revealed that it may issue a notice of default to the struggling crypto VC, Three Arrows Capital (3AC) for failure to repay its loan. In an official...
Crypto Lending Company BlockFi Secures $250m Revolving Credit Facility With FTX
Cryptocurrency lender company BlockFi has signed a nonbinding agreement with leading American crypto exchange FTX to secure a $250 million revolving credit facility to improve its balance sheet and st...
NFT Marketplace Magic Eden Bags $130M in Series B Funding Despite Crypto Winter
Popular Solana-based NFT marketplace Magic Eden has raised $130 million in Series B funding, bringing the company’s valuation to $1.6 billion. The latest funding comes at a time when the global crypto...
I Never Asked People to Invest in Crypto
A few days after Elon Musk and his companies – Tesla and SpaceX – were sued by an American citizen, Kieth Johnson, for promoting Dogecoin, the billionaire said in a Bloomberg interview that he “never ...
Is Bitcoin Dead? Is This the End of Crypto? No Way! Here’s Why
It’s that stage in the market cycle where almost everyone feels defeated. Total crypto market capitalization has slumped to less than a trillion dollars, despite only being worth three times that valu...
Bitcoin Miner Bitfarms Confirms 3,000 BTC Sale and Less HODL
Nasdaq-listed Bitcoin mining company Bitfarms has confirmed the sale of approximately 3,000 BTC (appr. $62 million), making it the latest mining firm to announce the sale of mined bitcoins in the wake...
Vitalik Buterin Criticizes Bitcoin S2F Model (to $100k) Prediction
Vitalik Buterin, the founder of Ethereum, has criticized PlanB’s popular Bitcoin Stock-to-Flow (S2F) chart, noting that the model gives people false hope. Sharing his views on Twitter today, Buterin s...
How to Start Work With Crypto When You Are a Student in 2022?
If you have not been living under a rock, you must have heard of crypto, bitcoin, blockchain, digital currency, and other related terms. For quite a while now, the conversation surrounding blockchain ...
What is Three Arrows Capital (3AC), and Why Is Everyone Talking About Them?
Everyone has been talking about Three Arrows Capital (3AC) over the past week, and there is a reason for that. The venture capital firm is at the forefront of a massive liquidation spurred by the rece...
Are Cryptocurrency Assets Securities: A Comprehensive Guide
Cryptocurrencies have become the hottest investment opportunity of the 21st century. Investors are flocking to buy, trade, and hold cryptocurrencies like never before. In doing so, they’re searching f...
KuCoin Becomes First Crypto Exchange to Support PIX-Powered BRL Transfers
KuCoin became the first cryptocurrency exchange to support BRL transfers using the state-backed PIX payment system developed by the Central Bank of Brazil. The recent partnership with the Brazilian pa...
El Salvador’s President Tells Investors
El Salvador President Nayib Bukele has encouraged Bitcoin investors to worry less about the ongoing downward spiral in the market. Bukele is optimistic that the leading cryptocurrency will regain its ...
So Stable! Stablecoins Now Hold Over 15% Of Crypto Market Share
The market value of stablecoins has been rising steadily in recent months. Amid a broader crypto market collapse, stablecoins gained further market share and now hold more than 15% of the total crypto...