As per today’s Wall Street Journal article, struggling cryptocurrency hedge firm Three Arrows Capital (3AC) is focusing on negotiating a bailout arrangement. The failure of Terra, one of the largest b...
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Huobi Group Secures Licenses From Dubai And New Zealand, Marking Major Milestones for Compliant Growth
Huobi Group, one of the world’s leading financial services provider specializing in cryptocurrency and its related products, on Friday obtained both a DIFC Innovation License in Dubai and registration...
How KyberSwap Discover Allows You to Spot Tokens Before They Trend
In March 2022, KyperSwap introduced a new feature on its platform to make life easier for cryptocurrency traders worldwide. Dubbed Discover, KyberSwap’s new feature enables traders to view and track t...
Congress Sends Letter to EPA Extolling Proof of Work Mining Benefits
U.S. Congress issued another letter to the Environmental Protection Agency (EPA) on Thursday with more educational material on proof of work. This time, however, it came with a positive spin – and was...
Avalanche Distances Itself From Three Arrows Amid Insolvency Fears
Ethereum competitor Avalanche said on Friday that it has little exposure to beleaguered hedge fund Three Arrows Capital, as the latter faces a potential insolvency. The blockchain said in a tweet tha...
Finblox withdrawal restrictions trigger concerns from the community
Finblox, a crypto-staking platform backed by Three Arrows Capital (3AC) has paused reward distributions and tightened its withdrawal limits. Following this, community members expressed concerns over t...
Here’s Why You Must Invest in Gnox Token (GNOX) if Have Already Missed Out on Uniswap (UNI) and Chainlink (LINK)
Place/Date: – June 17th, 2022 at 10:17 am UTC · 3 min read Source: Gnox Both Uniswap and Chainlink have arguably become mainstays of the altcoin world. And while it might not be too late to get ...
Circle to Issue Euro-Backed Stablecoin
Alex Dovbnya Circle has announced its second major fiat-backed stablecoin Boston-based payments technology company Circle announced Thursday that it intends to issue a euro-backed stablecoin. Dubbed &...
MakerDAO Votes to Disable Aave DAI Supply, Reducing Celsius Exposure
MakerDAO, the organization behind the DAI stablecoin, is set to disable the Direct Deposit Module (D3M) for DeFi lending platform Aave later today. “The Maker Governance has voted to temporarily disab...
Merit Circle Settles for $1.75M; DAO Votes Yield Guild Games Out
Merit Circle and seed investment company Yield Guild Games (YGG) have agreed to a $1.75 million settlement after ordinary investors voted to kick YGG off the project. On grounds that YGG was not “add...
Tether USDT Market Cap Slips Below $70 Bln As Redemptions Mount
Tether (USDT), the world’s largest stablecoin’s market capitalisation has registered a continuous drop over the past few weeks. It now has shrunk below the $70 billion mark. Is USDT losing the race? A...
Bear market no issue for Binance Labs’ DeFi incubation program
Binance Labs, the venture capital and incubation arm of the Binance cryptocurrency exchange, continues its business as usual despite the ongoing bear market. The VC firm is preparing to launch the fif...
Inverse Finance DeFi Drained, Here’s What’s Special About This Hack
Vladislav Sopov Inverse Finance, large digital bank, is under attack; over $1.25 million in liquidity might be stolen Contents Inverse Finance DeFi protocol suffers $1.2 million hack Bots behind large...
‘Few Are Feeling OK’: Celsius Investors Unlikely to Fund Bailout: Report
Embattled crypto lending platform Celsius Network is not on the brink of a bailout, according to a Wall Street Journal report citing people familiar with the matter. Caisse de dépôt et placement du Qu...
3AC Performed Treasury Management for Firms in Its Investment Portfolio
Reports are emerging that the venture capital (VC) firm Three Arrows Capital (3AC), which is currently facing an insolvency crisis, habitually offered treasury management services to the companies in ...
STORJ Is Striving to Push Northward
Storj (STORJ) Price Prediction – June 17The STORJ market strives to push northward from a lower-trading zone against the US currency. The all-time high at $3.91 about a year ago, and the all-time low ...
IOTA Price Prediction 2022 – Will MIOTA Pull It Off To $1?
The advantages of blockchain technology for data transmission are countless. There seems to be no debate that blockchain allows for even more reliable and speedier bitcoin transactions. However, this ...
BlockFi Mentions That It Liquidated Three Arrows Capital, Here’s What We Know!
Crypto Lending Platform BlockFi has confirmed via a tweet that despite “best business judgement” it had to liquidate a “large client”. This decision was primarily taken in order to alleviate risks whi...
Babel Finance Temporarily Suspends Withdrawals Due to “Unusual Liquidity Pressure”
Hong Kong-based cryptocurrency lending company Babel Finance has temporarily suspended its services, citing liquidity pressure due to extreme market conditions. Babel Finance Halts Withdrawals In a b...
Ankr Bringing Unparalleled Performance to the BNB Chain With Its Open-Source Contributions
Advertisement     Ankr, one of the world’s fastest-growing Web3 infrastructure providers, is pleased to announce that its open-source contributions to the BNB Chain ec...
Bifrost releases upgraded SALP 2.0 after protocol helped secure $450M via parachain auctions
On Friday, Bifrost, a Web 3.0 derivatives protocol that provides decentralized cross-chain liquidity for staked assets, launched the updated Slot Liquidity Auction Protocol dubbed “SALP 2.0.R...
Binance Suspends Withdrawals and Deposits in Brazil Following New Central Bank Policy
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Binance CEO Is Ready to Support Elon Musk’s Twitter Purchase Endeavor
Arman Shirinyan Leader of one of biggest cryptocurrency exchanges in world is still ready to support Elon Musk “He’s leading, we’re following,” says the CEO of the biggest cryptocurr...
Airlines Stock Market on Decline despite Ongoing Travel Boom
The broader concerns of stakeholders in the airline industry can be attributed to the fears of recession. The ongoing beating that Wall Street stocks are taking is becoming more resounding among airli...
Basic Attention Token (BAT) Reclaims Short-Term Support
Basic Attention Token (BAT) bounced at a long-term horizontal support level and broke out from a shorter-term resistance line afterward. BAT has been falling since reaching an all-time high price of $...
How Tron [TRX] is managing to keep its boat afloat amid looming depegging fears
We’re entering the fifth day of the Ton’s DAO crisis. While Justin Sun and his team have been trying to peg back USDD to $1, TRX itself has dropped by double digits during the course of the week despi...
Ripple Is Teaming Up With FLUF World To Bring XRP Ledger To The Root Network
– Advertisement – Ripple Is Teaming Up With FLUF World To Bring The XRP Ledger To The Root Network. ?We’re partnering with @FlufWorld to bring “The Open Metaverse” to life, enabling me...
Three Arrows Capital reportedly considering asset sales, bailout
? Want to work with us? CryptoSlate is hiring for a handful of positions! Three Arrows Capital, which has been facing allegations of using client funds to meet margin calls, is exploring asset sales o...
Lido Seeks to Reform Voting With Dual Governance
Key Takeaways The Lido community is considering a new approach to protocol decision-making called “dual governance.” Currently, only LDO holders can vote on decisions; the new approach wou...
Bloomberg vs Axie Infinity: Why was AXS Slammed?
According to the latest expose by Bloomberg, the most popular play-to-earn (P2E) game, Axie Infinity, is now on the decline. The comments come from Bloomberg’s Joshua Brustein describing the ebb and t...