Summary: Ethereum co-founder, Vitalik Buterin, has thrown some shade into Su Zhu’s alleged $50 million yacht purchase. According to Vitalik, there are better ways of burning...
Summary: Do Kwon told the Wall Street Journal that he lost nearly all his net worth in the LUNA, UST collapse. He added that the losses...
Summary: MicroStrategy CEO Michael Saylor has described Bitcoin as a lifeboat tossed on a stormy sea, offering hope t anyone that needs to get off their...
Summary: Ethereum core developers have confirmed that only Goerli and Sepolia Testnets will be maintained after the Merge. The Kiln, Rinkeby, and Ropsten testnets will slowly...
Summary: Three Arrows Capital Owes Voyager 15,250 BTC and $350 million USDC. Voyager has set June 27, 2022, as the deadline for full repayment of the...
Summary: The major exchange is in line to receive Major Payment Institution License from the Monetary Authority of Singapore. Crypto.com could expand its services in Singapore...
Uniswap DEX has acquired NFT aggregator platform Genie This marks Uniswap’s second foray into NFTs, after Unisocks. Crypto exchange Uniswap is all set to expand its...
Summary: The Solend team has initiated a proposal to introduce a per-account borrow limit of $50 million. The limit will be rolled out gradually, starting with...
Summary: Solana-based NFT marketplace of Magic Eden has raised $130 million in a Series B round at a $1.6 billion valuation. The funds will expand Magic...
Summary: Ethereum’s Vitalik Buterin has criticized Bitcoin’s stock-to-flow model by PlanB. Vitalik explains that the stock-to-flow model is not looking good, and financial models that give...
Summary: Blockfi announced a massive credit facility secured from crypto exchange FTX. The deal is worth $250 million according to CEO Zac Prince. Blockfi plans to...
Summary: The Vasil Hard Fork will not happen on June 29, 2022, as previously scheduled. Developers need more time to fix seven bugs before shipping the...
Cloudflare experienced a brief outage, leading to multiple websites being inaccessible. FTX, Bitfinex, and OKX were all affected by the outage. Some have called for web3...
Summary: The Bybit crypto exchange is looking to reduce the organization’s size amidst the ongoing crypto winter. Bybit could reduce its workforce by a staggering 20%...
Summary: WeChat has warned users in China against using the app to trade cryptocurrencies and NFTs. The warning reiterates China’s government directive to ban crypto trading...
Summary: Mr. A claims to have inside knowledge of certain dealings by CEO Do Kwon. Investigators want to prevent the individual from leaving the country. Do...
Summary: Arthur Hayes has highlighted that the Purpose Bitcoin ETF offloaded 24.5k BTC into the markets on Friday’s close. Bitcoin went on to drop to the...
Summary: The Solend team has done a one-eighty-degree turn on an approved proposal to take over a Solana whale account facing liquidation that could have strained...
Summary: FTX CEO Sam Bankman-Fried said there’s a responsibility to step in and safeguard the crypto ecosystem amid significantly uncertain market conditions. SBF’s Alameda Research recently...
Summary: The crypto yield service halted withdrawals over a week ago citing turbulent market conditions. All client transactions were affected and the matter remains unresolved. Celsius...
Bancor has suspended impermanent loss protection, citing hostile market conditions. The feature will be reactivated when markets stabilize. Bancor is the latest entity to take action...
Key takeaways: Sam Bankman-Fried’s Alameda Research has lent Voyager digital 200 million USDC and 15k Bitcoin. The digital assets are meant to safeguard Voyager Digital’s customers’...
Summary: The team at Solend is concerned that a Solana whale might be liquidated, causing a cascade of liquidations that would hurt the platform’s liquidity. The...
SAN SALVADOR, EL SALVADOR – FEBRUARY 18: El Salvador’s President Nayib Bukele speaks during a military ceremony on February 18, 2020 in San Salvador, El Salvador....
Summary: Gemini crypto exchange co-founder, Cameron Winklevoss, believes Bitcoin below $20k seems irrational. Mr. Winklevoss also pointed out that Bitcoin’s underlying fundamentals, adoption, and infrastructure remain...
Summary: Dogecoin has pumped by over 10% after Elon Musk tweeted that he will keep supporting DOGE. In a follow-up Tweet, Elon Musk said he would...
In context: Ethereum miners alone have reportedly spent about $15 billion on graphics cards over the past 18 months. This figure doesn’t include GPUs used for...
Key takeaways: Bitcoin miners sold 4,411 BTC in May as compared to 1,115 in April. Will Clemente of Blockware Intelligence has identified that Bitcoin miners are...
PRESS RELEASE: To help traders earn more cryptocurrency, leading crypto derivatives exchange Bexplus has launched a 100% deposit bonus promotion to all traders. If you deposit...
Summary: Do Kwon, TerraForm Labs, and initial financial backers of LUNA and UST have been sued in a Californian court for carrying out an unregistered securities...
Summary: Three Arrows Capital was an early investor of dYdX. The team at dYdX has released a statement clarifying that the project is unaffected by the...
Summary: The crypto fear and greed index is currently at a 6, the second-lowest since August 2018, when it fell to a value of 5. Bitcoin...
Summary: Binance CEO, CZ, has pointed out that Elon Musk being sued does not necessarily mean he is guilty. CZ was responding to an article by...
Summary: Dogecoin (DOGE) co-founder hopes the crypto community will learn from the failures of Celsius, LUNA, and Three Arrows Capital. He also cautioned about the possibility...
Arthur Hayes, chief executive officer of BitMEX, speaks during the Consensus: Invest event in New York, U.S., on Tuesday, Nov. 28, 2017. Consensus: Invest, the world’s...
Summary: The firm cited unusual liquidity pressure as the main reason. Babel has now halted withdrawals and redemption till further notice. FatManTerra from the Terra community...
India’s central bank governor Shaktikanta Das said that DeFi is difficult to regulate because of its anonymity. Das made the remarks during a business summit, also...
