KuCoin CEO Denies Withdrawal Freeze Rumors
Key Takeaways KuCoin is rumored to be facing insolvency issues in the fallout from Three Arrows Capital's collapse. The firm's...
Business
Meta Platforms to Sunset Down Novi Digital Wallet This Fall
The curtain will fall on Meta Platforms’s embattled stablecoin project after a brief run as a tool for money transfers....
Deribit and Blockchain.com Creditors Who Pushed for 3AC Liquidation
Deribit and Blockchain.com exchanges were among the creditors who pushed for the liquidation of embattled crypto hedge fund Three Arrows...
A Response to WEB 3 Benefits Debate By WAM
Nowadays we’re facing major paradigm shifts, faster than we could ever imagine. The question is, should we keep up with...
BlockFi CEO Denies Company Will Be Sold for $25M
Key Takeaways BlockFi CEO Zac Prince "100%" denies that the company is being sold for $25 million to FTX. A...
Three Arrows Capital Liquidation Ordered by Court
Teneo Restructuring has been commissioned to manage the liquidation procedure. 3AC has multiple illiquid assets in the form of venture-capital...
Enjoy Zero Swap Fees and Team Farming
Nomiswap provides a decentralized exchange platform with the lowest fees and a binary referral system. Decentralized exchanges have been rising...
BlockFi to Increase Deposit Rates, Removes Free Monthly Withdrawal
BlockFi CEO, Zac Prince, announced Friday that the crypto lender would increase deposit rates and rescind a policy permitting one...
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...
Austrian Exchange Bitpanda Cuts Third of Workforce
Austrian exchange Bitpanda cuts almost a third of its workforce as it battens down the hatches for an unpredictable crypto...
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...
Get Ready for MetaFight – BeInCrypto
MetaFight is an exciting new entertainment company bringing a mixed martial arts (MMA) trading card game to the metaverse. Players...
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...
Solana Mobile Launches an Android Phone for Web3
Solana Mobile has just released an Android phone that lets potentially billions of users get connected on Web3. Solana Mobile...
Iris Energy to Expand Operations to 4.3 EH/S by Q4 2022
The Sydney-based Bitcoin miner Iris Energy, with sites in British Columbia, Canada, is deploying additional capital to improve its contribution...
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...
ProShares Wants You to Short Bitcoin Through Its New ETF
Key Takeaways ProShares will launch the first Bitcoin short ETF on Jun. 21. The ETF will allow investors to hedge...
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...
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...
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...
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...
