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Voyager Digital Secures Credit Line from Alameda, May Send Three Arrows a Notice of Default
22.6.2022
Voyager Digital Holdings, an owner of a crypto platform, announced today that they entered into a multi-million credit line agreement with Alameda Ventures, but also that they may issue a notice of default to major crypto hedge fund Three Arrows Capital (3AC) for failure to repay...
Blockchain Games See a Drop in Users and Volume After Strong Performance in May
22.6.2022
Blockchain games have seen a drop in the number of users and trading volume over the past 30 days after delivering strong results in May.
The top three blockchain-based games in terms of users, Alien Worlds, Axie Infinity, and Splinterlands, have seen a 12%, 37%, and 9% drop, respectively,...
Bitcoin miners sold their entire May harvest: report
22.6.2022
Bitcoin miners are finding it extremely hard to continue their operation as the cost of production has exceeded the profit
'Enormous Outflows' From Largest Bitcoin ETF May Have Triggered BTC Crash
21.6.2022
The Canadian Purpose Bitcoin ETF lost half of its assets last Friday before bitcoin crashed, leading to ProShares’ futures-based BITO taking over the top spot as the largest bitcoin-focused ETF by assets, Arcane said in a note
Terraform Officials Banned from Leaving South Korea as Do Kwon ‘May Apply for Singaporean Citizenship’
20.6.2022
South Korean prosecutors have banned an unspecified number of current and/or former Terraform Labs officials, including developers, from leaving the country.
KBS, the South Korean state broadcaster, reported that the identity of two of the number had been confirmed – and that both were former...
Why the crypto market crash may play in Bitcoin's favour
20.6.2022
Podcaster and Bitcoin educator, Natalie Brunell, believes the current market turmoil could lead to regulation favouring Bitcoin over alts
RoboApe (RBA) and Cronos (CRO): Why Closely Monitoring Both Altcoins May be Beneficial?
20.6.2022
Every successful crypto investor was not joking when they said DYOR (Do Your Own Research). Researching cryptocurrencies with prospects in the market costs nothing, but it can give you something and save you from losing everything. Some cryptocurrencies are powered by hype and buzz, and a FOMO...
Russian Finance Ministry Rules Out Sale of Oil for Bitcoin
20.6.2022
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto...
McKinsey: The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’
20.6.2022
Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more than 80% of commerce could be impacted by activities in the metaverse. Metaverse Could Generate $5 Trillion by 2030 Global management consulting firm McKinsey...
Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
19.6.2022
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous...
Elon Musk Hints Twitter Will Integrate Crypto Payments if His Takeover Bid Is Successful
19.6.2022
Tesla CEO Elon Musk has suggested integrating crypto payments into Twitter. “My goal would be to maximize the usefulness of the service,” he told Twitter’s employees in his first all-hands meeting with them. Twitter’s First All-Hands Meeting With Elon Musk, Integrating...
ECB may cap digital euro at 1.5T tokens — Executive board member
15.6.2022
"Keeping total digital euro holdings between one trillion and one and a half trillion euro would avoid negative effects for the financial system,” said Fabio Panetta
Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency
15.6.2022
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources say that the 3AC “liquidation totaled at least $400...
FINRA may hire employees terminated from crypto firms: Report
15.6.2022
“Anybody who is getting laid off from a crypto platform and wants to work for FINRA, give me a call," said president and CEO Robert Cook
FTX Overtook Coinbase & OKX in May, Speeding Up EU Crypto Regulation + More News
15.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: FTX Overtook Coinbase & OKX in May, Speeding Up EU Crypto Regulation + More News
NFT ticketing may catch on faster in France after UEFA championship debacle
14.6.2022
French authorities take note after fake tickets and gatecrashers spoiled the UEFA Champions League final experience for many soccer fans in Paris last month
SEC Chair Gensler Suggests Lummis-Gillibrand Bill May ‘Undermine’ Market Protections
14.6.2022
Securities and Exchange Commission Chair Gary Gensler said a proposed bill intended to clarify the regulatory umbrella for crypto might give stock exchanges and mutual funds the ability to escape his agency's oversight
Bitcoin passes $23.8K May low as crypto market cap drops under $1 trillion
13.6.2022
The crypto sell-off is in full swing and Wall Street has not even opened yet
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
13.6.2022
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months before the UST de-pegging incident. Kwon, however,...
Bitcoin price drops to lowest since May as Ethereum market trades at 18.4% loss
12.6.2022
Bitcoin threatens its lowest weekly close since late 2020 as low weekend liquidity exacerbates existing weakness