BlockFi, a major crypto lending firm based in New Jersey, has reversed its earlier decision, and now stop accepting shares in the Grayscale Bitcoin Trust (GBTC) as collateral for loans. Early Tuesday,...
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Live Tech News Updates.
How NFTs are shaking up the DeFi industry
In recent years, Web3 has taken the world by storm with non-fungible tokens (NFTs) taking centre stage since the emergence of the metaverse. It is unsurprising that not only were the words Crypto and ...
ECB Recommends Mining Ban and Urgent Stablecoin Regulations
It comes as no surprise that the central bank wants to curtail crypto as much as it possibly can, advising EU lawmakers with a recent research paper. On July 12, crypto venture advisor at Presight Cap...
Judge denies SEC motion to keep Hinman docs secret in Ripple case
The Securities and Exchange Commission (SEC) has suffered a blow in its case against Ripple, after a U.S. judge has denied its claims for attorney-client privilege regarding internal documents related...
Two Cryptocurrencies That Serve as Revolutional Tokens
Place/Date: – July 12th, 2022 at 2:00 pm UTC · 3 min read Source: RoboApe In what some are now calling the ‘Age of Cryptocurrency,’ the crypto community has witnessed the rise, fall, coming, and...
Ripple Scores Significant Win as Judge Denies SEC’s Attorney-Client Privilege Claims
Alex Dovbnya The court has rejected the SEC’s argument that the attorney-client privilege protects production of documents related to William Hinman’s speech Magistrate Judge Sarah Netburn has rejecte...
Report: Upbit Parent Company Dunamu Reveals Plan To Create 10,000 Jobs With $380 Million Investment
– Advertisement – Upbit parent company reveals expansion and investment plans despite market conditions. On Tuesday, leading Korean Fintech company Dunamu, operators of leading Korean cryp...
Is Cardano Dead? The Best Hype-Free Article You’ll Find!
The Cardano blockchain project is dead or well alive depending on who you ask. At the peak of its recent highs in November 2021, the (ADA) cryptocurrency hit a market valuation above $50 billion. Such...
Blocksec Raised $8 Million from Vitalbridge Capital and Matrix Partners
The post Blocksec Raised $8 Million from Vitalbridge Capital and Matrix Partners appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Blocksec startup was founded i...
Magic Eden Floats New Venture Unit to Double Down on Web3 Gaming
Solana-backed non-fungible token (NFT) marketplace Magic Eden has announced the establishment of its own venture outfit called Magic Ventures, focusing on bootstrapping Web3.0 gaming protocols. While ...
Celsius Network is ‘Deeply Insolvent’: Reports
The Department of Financial Regulation (DFR) of the American state of Vermont said that cryptocurrency lender Celsius Network is “deeply insolvent,” stating that the lender lacks the resources and liq...
Twitter Sues Elon Musk for Pulling Out of $44 Billion Buyout Deal
Social media giant Twitter has filed a lawsuit against Tesla and SpaceX CEO Elon Musk, seeking to force the billionaire to close the acquisition deal as agreed by both parties. According to court docu...
US Treasury study finds CBDCs a plus for commercial bank stability
The introduction of a central bank digital currency (CBDC) may increase the stability of a banking system, according to a paper released Tuesday by the United States Treasury Office of Financial Resea...
Celsius is “Deeply Insolvent”, Says Vermont’s Financial Regulator
Celsius Network is “deeply insolvent”, Vermont’s Department of Financial Regulation (DFR) said on Tuesday, adding that the cryptocurrency lender is also not honouring its obligations...
Animoca Brands Lands $75m in New Funding
Animoca Brands announced it has raised $75 million in its latest funding round. According to the details of the fundraising, investors backed the digital entertainment, blockchain, and gamification fi...
Uniglo (GLO), Kava (KAVA), And Gala (GALA)?
Advertisement     Are you looking for some great crypto additions to your portfolio? If you are, you’ve found the right article for you. And if you’re like many other ...
BlockFi Will No Longer Accept Grayscale GBTC Shares As Collateral, Unwinds All Positions
Crypto lenders in the market have been severely struggling to handle liquidity challenges. On Tuesday, July 12, crypto lender BlockFi announced that it will no longer be accepting Grayscale’s GBTC sha...
Nervos Network (CKB) price posts double-digit gain after Godwoken layer 2 launch
Positive price movement during bear markets are notoriously hard to come by due to the non-stop FUD of media and lackadaisical interest from crypto investors. One crypto that managed to flash green on...
Cryptocurrency Future Remain Dicey In Few Countries Amidst 3AC Bankruptcy – Coinpedia – Fintech & Cryptocurreny News Media
The Cryptocurrency hedge fund Three Arrow Capital (3AC) declared bankruptcy in June-end, and its after-effects can be seen in the crypto industry. After the collapse of 3AC, other crypto firms have st...
Why Polkadot has potential to rebound from this defending level
Polkadot [DOT] continued its downward movement below its four-month trendline resistance (yellow, dashed). The current structure found immediate grounds in the $6.45-zone. A rebound from its long-term...
Terra Classic Price Analysis : LUNC Price Will Likely Drop To This Level In Coming Days – Coinpedia – Fintech & Cryptocurreny News Media
On the LUNC/USDT 4-hour chart, the price has formed a descending triangle. This is a bearish pattern that indicates that the price is likely to continue falling. The breakout point for this pattern is...
3AC Co-Founder Reappears, Blames Liquidators for ‘Baiting’
Su Zhu, the co-founder of Three Arrows Capital (3AC), has reappeared guns blazing and faulted liquidators’ accusations that he refused to cooperate with them. Zhu had disappeared following the hedge f...
Celsius Would Rather Lose $6 Billion Bailout Than Disclosing Its Financial Records, Investor Says
Celsius has managed to pay off several million dollars in debts after nearly filing for bankruptcy due to lack of liquidity, raising all sorts of conjectures regarding the origin of its funds. On June...
Will Chainlink’s 180% growth be enough to revive adoption
Although oracle blockchains are still a developing arm of the crypto space, Chainlink, the pioneer of the same, still finds competition. However, this competition does not come close to affecting the ...
Gate Ventures Announces Its Investment In The Crossover Markets Group Seed Round
Advertisement     Today, Gate Ventures, the venture capital division of Gate.io, announced that it has invested in the Crossover Markets Group, Inc. seed round as the ...
Wait Gets Longer As SEC Extends Deadline On Proposal
The Securities and Exchange Commission gave itself some more time in deciding on the ARK 21Shares Bitcoin ETF. In a notice issued on Tuesday, the commission said it is extending a longer period for an...
French central bank head announces Phase 2 of wholesale digital euro project
The first phase of experiments with a wholesale digital euro has been completed, and Phase 2 experiments will begin this year, Banque de France governor François Villeroy de Galhau said Tuesday. Four ...
Twitter Sues Elon Musk to Enforce $44 Billion Buyout Deal — Insists Breach Allegations Lack Merit – Coinotizia
Twitter Inc. has filed a lawsuit against Elon Musk to force the Tesla CEO to go through with the agreement to buy the social medial platform for $44 billion. Twitter alleges that Musk has breached the...
US Treasury calls for public comment on digital asset policy, following Biden’s executive order
The United State Department of the Treasury has requested comments from the public on the potential opportunities and risks of digital assets in compliance with President Joe Biden’s executive order f...