Results for "ftx"

Cryptocurrency Broker Voyager Digital Holdings recently revealed that its exposure to struggling crypto hedge fund Three Arrows Capital (3AC) is valued at over $650 million in bitcoin (BTC) and USDC. The crypto broker could issue a notice of default if…

The United States Securities and Exchange  Commission (SEC) commissioner, Hester Peirce, sees no reason why the SEC should bail out crypto companies. Peirce believes that it is best to let things pan out. SEC Commissioner Rejects Intervention Hester Peirce is…

Hex Trust announced that it had gained provisional approval from the Dubai Government to obtain a Virtual Asset MVP License. The company will establish a headquarters in Dubai and actively promote digital asset innovation in the region. Hex Trust Granted…

Cryptocurrency market participants are now finding it increasingly difficult to ink new multi-million dollar partnership deals with top sports brands in the United States as compared to 2021, due to the ongoing crypto market downturn. The crypto winter of 2022…

With all investors focusing on the steadily declining cryptocurrency market, a crypto Twitter enthusiast has announced a surprising $20 million bounty reward in return for proof of a crypto scheme on Celsius. An ‘Imminent Attack’ on Celsius “Any whistleblower ready to talk…

Three Arrows Capital (3AC) has engaged the services of legal and financial advisors to help it formulate a solution for its investors and creditors, as the ongoing crypto markets downturn has resulted in heavy losses for the firm, reports WSJ…

Welcome, Dennis Loos. I am aware that your interest and knowledge in crypto-currency is very vast, so today, I would like you to share your experience to assist those that are just getting started and those that have been trading…

Circle Internet Financial has announced that it’s releasing a new regulatory-compliant, fully-reserved stablecoin dubbed Euro Coin (EUROC). Circle says EUROC shares the same pillars of trust, transparency, and security with its USDC stablecoin, according to a press release on June…

Binance is preparing to employ roughly 2000 positions while other businesses are busy with redundancies. At the Convergence 2022 conference this week, Binance CEO Changpeng Zhao stated that the business could increase recruiting and make new deals. Huge Job Lay-Offs…

A new wave of the “crypto winter” recession has proved to be especially devastating for the major crypto-related stocks, such as MicroStrategy and Coinbase that lost up to 25% at premarket. Challenges Faced by MicroStrategy and Coinbase As the total…

Solana, a blockchain operator, unveiled its latest $100 million fund for South Korean web3 startups. The new fund is meant to foster the expansion of NFT, gaming, and DeFi initiatives on Solana, as well as to assist former Terra developers…

While Terra’s market failure and the collapse of its stablecoin UST negatively affected investors’ confidence in stablecoins, some projects had appeared to be more sustainable in effectively meeting such challenges and even strengthening their positions in the market.

Binance, the world’s largest cryptocurrency exchange by market capitalization, revealed that it would work with local exchanges in Malaysia to accelerate adoption in the country. Crypto Regulation Necessary for the Industry According to New Straits Times, Binance CEO Changpeng “CZ”…

Crypto FUD stands for Fear Uncertainty and Doubt, which is spread against cryptocurrencies. It is spread as unverified rumors designed to unpopularize the assets. FUDs have been propagated against many innovations and inventions as it is a nature among men…

Crypto.com is on the verge of launching digital asset services in Dubai, joining the ranks of Binance, FTX, and Bybit. Crypto.com Gets Green Light in Dubai Crypto.com has received vital government approval to expand into Dubai, joining a long list…

The dump of Bitcoin prices below the $30k level saw over 86k traders lose their shirts and roughly $500 million of long positions liquidated, according to trackers. The Bitcoin Liquidation Despite the optimism, Bitcoin prices remain in a long-term bear…

There are many ways of earning via crypto. Some platforms that offer free crypto cashback, giveaways, or other means include Nexo, Exodus, Celsius network, Voyager, and Blockfolio.  Crypto giveaways are special events mainly organized by platforms to gift their users.…

Chorus One and Figment Networks have made it clear that they will not be supporting the proposed Terra2.0 blockchain, citing illegitimate voting processes and other irregularities. Chorus One and Figment are leading decentralized finance (DeFi) projects and staking infrastructure providers…