The crypto brokerage and lender Voyager Digital faced severe tides since it filed for bankruptcy proceedings on 6 July 2022. Impacted by the collapse of Three Arrows Capital (3AC), Voyager Digital, in...
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Grab Purses 2024 Profitability Despite Years of Losses
Grab CEO and co-founder Anthony Tan noted that the company has been making intense efforts to improve its profitability. After years of losses, Singaporean technology company Grab Holdings Inc (NASDAQ...
Celsius CEO Alex Mashinsky Resigns With Immediate Effect
Celsius Network’s CEO Alex Mashinsky submitted a letter of resignation to the Special Committee of the Board of Directors of Celsius Network Ltd on Tuesday. Beleaguered crypto lender Celsius’ CEO Alex...
A Possible Trigger For Terra Tokens Price Surge
The collapse of the algorithmic stablecoin Terra and its ecosystem in May 2022 created a massive crisis in the crypto space. Coupled with the extreme crypto winter, the industry witnessed massive loss...
BabyDoge Burns Diminish Those of SHIB by Record 46x as BabyDoge Sticks to Plan
Yuri Molchan Amount of BabyDoge burned in past 24 hours surpasses that of Shiba Inu almost 50x Contents Here’s how much BabyDoge has been burning Shib army burns 130 million SHIB According to @b...
Nubank Has 1.8 Million Users Within a Few Months of Its Launch
Nubank has almost 1.8 million users after only a few months of existence. Nubank grew to become Brazil’s fifth largest financial institution this year. Nubank, a Brazilian digital bank, said in a pre...
DeFi needs to be regulated ‘carefully and thoughtfully,’ says Fed chair Jerome Powell
U.S. Federal Reserve chair Jerome Powell urged lawmakers to be cautious when regulating decentralized finance (DeFi) while speaking at a roundtable conference organized by the central bank of France o...
Nexo Defends Itself Against Cease and Desist Allegations
Key Takeaways Nexo has defended itself against charges that were issued by various state regulators in the U.S. yesterday. Regulators say that Nexo offered interest rates as high as 36% without inform...
SEC Fines Tether’s Former Auditor $1.5M for ‘Improper Professional Conduct’
The U.S. Securities and Exchange Commission has fined Tether’s former auditing firm, Friedman LLP, to the tune of $1.5 million, according to an order issued Friday. The regulator found the accounting...
Snowden is a Russian citizen
The Kremlin’s move at the hands of the president himself to grant Russian citizenship to Edward Joseph Snowden, is at the very least startling. Edward Joseph Snowden gains Russian citizenship Nine yea...
Statemind Audit Report Reveals No Critical Issues In Staking Solu…
After a string of hacks and exploits across the DeFi industry resulting in millions in funds lost or in related damages, proceeding with caution is always wise. Knowing which protocols, projects, and ...
World’s First EVT App Launched by Newton
[PRESS RELEASE – Please Read Disclaimer] The gateway of the Metaverse has opened! Unmissable films, classic shows, music beats, crowd-funded movies, metaverse creations, virtual living celebrities, al...
CEO of Bankrupt Celsius Network Resigns Amid Company’s Troubles
Alex Mashinsky, the Chief Executive Officer (CEO) of bankrupt crypto lender Celsius Network, has resigned. In a Tuesday press release, Mashinsky said that he has tendered his letter of resignation to ...
Almost everything could be tokenized in 5-10 years — Matrixport exec
In five to ten years, almost every “real world” asset class could be tokenized in the form of a nonfungible token (NFT) according to Cynthia Wu, Founding Partner and COO of digital asset service platf...
Upbit Discloses Terra Transaction Fees Utilization Plan
6 hours ago | 2 mins read Exchange News Upbit’s Luna Fee Utilization Committee has agreed to split transaction fees. A white paper explaining what led to the LUNA problem is part of the near-term agen...
US Stock Futures Jump 1% as Dow and S&P 500 Hit Lows Below 2020 Levels
After five straight sessions of negative closing, the US equity indices are recovering in the early trading on Tuesday. The US equity market has faced a dramatic decline this month of September as con...
EPNS rebrands to Push Protocol as it moves to a multi-chain future
The Ethereum Push Notification Service, known as EPNS, has rebranded to Push Protocol in its “first step towards a multi-chain communication future.” The branding takes effect from Sept. 27, and all e...
Nexo Says It Doesn’t Offer High Interest Rates
Key Takeaways Nexo has defended itself against charges that were issued by various state regulators in the U.S. yesterday. Regulators say that Nexo offered interest rates as high as 36% without inform...
Celsius Network (CEL) Tanks 10% After CEO Alex Mashinsky Steps Down
CEO of embattled crypto lender Celsius Alex Mashinsky has resigned as the company’s CEO as it faces Chapter 11 bankruptcy in New York. In a letter to the Special Committee of the Board of Directors of...
Best Staking Coins – Earn High APY with Battle Infinity
Join Our Telegram channel to stay up to date on breaking news coverage Staking has been a favorite method to earn crypto from the more “passive” crypto investors. Only holding the token away from the ...
Polkadot [DOT] may be on a short bullish sprint thanks to these developments
Polkadot [DOT] and Cardano [ADA] blockchains are known for their intense developer activity and focus on building their technology. However, this time around, the case may be a little different. Accor...
MEXC Platform Users Surpasses 10 Million As New Futures Trading Fee Deduction Is Introduced
Advertisement     MEXC publicised on September 26 that it had surpassed 10 million users. A new MX Token fee deduction program was also introduced at the same time by ...
Asia GameFi opportunity huge as gamers don’t hate NFTs
Animoca Brands co-founder Yat Siu thinks that GameFi has the biggest opportunity for growth in Asia, as gamers there don’t hold the same vitriol toward nonfungible tokens (NFTs) as they do in the West...
Robinhood Launches Beta Version for Non-Custodial Web 3 Wallet
Investment platform Robinhood has rolled out a beta version of its long-awaited non-custodial Web 3 wallet dubbed the Robinhood Wallet while integrating the Polygon network as the first blockchain to ...
Whales Go on Accumulation Spree on Another “Big” Day
Today, Sept. 27, is another “big” day for the Cardano blockchain as Plutus V2 is anticipated to go live. The Plutus V2 Cost Model network upgrade is scheduled to take place at epoch 366, o...
Bitrue Starts LUNC Staking, Implements 1.2% Burn On Terra Classic On-chain Transactions
– Advertisement – Exchanges have started implementing the Terra classic 1.2% tax burn update. Leading cryptocurrency exchange Bitrue has announced that it has completed the 1.2% tax burn...
FTX US President Brett Harrison stepping down
FTX US president Brett Harrison announced Sept. 27 that he is stepping down from his role and moving into an advisory role at the United States-based crypto exchange. 1/ An announcement: I’m stepping ...
FTX Wins Voyager Digital’s Asset Auction
Key Takeaways FTX has won an auction to acquire assets belonging to the bankrupt crypto lender Voyager Digital. FTX’s $1.42 billion bid covers $1.31 billion of crypto holdings and $111 million o...
DeFi TVL at Record Low but UNI, MKR, and AAVE Extend Rally
With the global crypto market capitalization still below the $1 trillion mark, the once glimmering decentralized finance (DeFi) total value locked (TVL) has also witnessed a considerable pullback. Non...