Three Arrows Capital Defaults on Voyager Digital
Key Takeaways Three Arrows Capital was issued a notice of default by Voyager today. The hedge fund failed to repay...
Business
ASIC-Backed Loans Worth $4B in Jeopardy as Prices Tank
Loans taken out by crypto mining companies against mining ASICs are under pressure as ASICs drop in value, making the...
Crypto was in full swing at Collision Conference, June 17-23
For all the gloom and doom in the cryptocurrency market these days, our industry continues to make inroads into mainstream...
Bitpanda announces layoffs citing no compromise on product quality
Austrian crypto and stock trading platform Bitpanda joins the growing list of companies to announce a mass layoff as it...
BlockFi Raises Rates Three Days After FTX Bailout
Key Takeaways BlockFi is increasing its interest rates on BTC, ETH, and stablecoins. The company claims the rise in rates...
Celsius Network hires advisers ahead of potential bankruptcy: Report
Crypto lending platform Celsius Network has reportedly onboarded advisers from a management consulting firm in advance of the company possibly...
Apecoin no longer going bananas, Pharrell touts Doodles and more…
Apecoin, the Ethereum-based token tied to the widely popular and almost definitely probably not 4Chan-related Bored Ape Yacht Club NFT...
Nexo hires Citibank to advise on acquisitions during market turmoil
Crypto lending platform Nexo, says that its strong balance sheet means it can ride to the rescue to provide liquidity...
Alameda Bails Out Voyager Digital on News of 3AC Exposure
Key Takeaways Crypto exchange Voyager was exposed to Three Arrows Capital to the tune of $667 million. The company has...
Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn
Canadian crypto mining giant Bitfarms has reneged on its hodling strategy and is instead selling 3,000 bitcoins for $62 million...
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...
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...
Celsius Investigated by Regulators in Four Different States
Key Takeaways Celsius is being investigated by state securities regulators from Texas, Alabama, Kentucky and New Jersey following its decision...
Spanish Airline Vueling Becomes BitPay’s Latest Conquest
Vueling, a member of the International Consolidated Airlines Group, signed an agreement with BitPay to allow customers to pay for...
Bank of Israel, Hong Kong Monetary Authority to Test CBDC
The Bank of Israel is collaborating with the Hong Kong Monetary Authority in a trial for a new central bank...
Whales Hold More Than 23% of CandyDEX Tokens
The CandyDEX token is ready to hit the moon. Big whales hold more than 23% of CANDYDEX tokens. 48.4 Million...
MicroStrategy Will “HODL Through Adversity,” Saylor Assures
Key Takeaways Despite a brutal market downturn, Michael Saylor says that MicroStrategy is not at risk of liquidation. Saylor has...
Providing a Seamless Trading and Earning Experience in DeFi
KyberSwap is a decentralized exchange aggregator that began providing its services in 2018. Earlier known as the Dynamic Market Maker...
New Allegations Against Terra Founder Surface, Did He Cash Out Early?
FatManTerra has alleged that Terra co-founder Do Kwon cashed out $2.7 billion from Terra within months, using Degenbox to drain...
Gensokishi Online – a 3D MMORPG With Fantasy World Economy on the Metaverse
Gaming enthusiasts who are into MMORPG probably need no introduction to Elemental Knights Online, the 3D MMORPG that lets players...
BlockFi Cuts 20% of Workforce Amid Crypto Downturn
Key Takeaways BlockFi is firing 20% of its employees due to dramatic market conditions. The company is focusing on profitability...
American Investor Stanley Druckenmiller Warns of Recession
American billionaire investor Stanley Druckenmiller warned the U.S. economy will slip into recession next year, and said that he would...
