Search
Celsius Tops Up More Collateral to Avoid Loan Liquidation, Faces ETH Squeeze
14.6.2022
The troubled crypto lending and borrowing company Celsius (CEL), which on Monday halted withdrawals due to “extreme market conditions,” is adding more collateral for a loan on the MakerDAO (MKR) decentralized finance (DeFi) protocol to avoid liquidation. At the same time, the company is facing...
Celsius Problems Impact Nuri's Bitcoin Interest Accounts
14.6.2022
With the massive downturn fueled by major crypto lender Celsius (CEL) continuing to roll over numerous crypto businesses worldwide, German crypto bank Nuri has announced that its bitcoin (BTC) interest accounts are affected due to their reliance on Celsius....
Read More: Celsius Problems Impact...
Binance Shares What Caused Backlog on Bitcoin Network, Resumes BTC Withdrawals
14.6.2022
Major crypto exchange Binance has shared that they had been repairing "minor hardware failures" yesterday, which resulted in "a stuck transaction", which then caused a backlog on the Bitcoin (BTC) network and led to the company pausing BTC withdrawals for about three hours....
Read More: Binance...
A Big Nintendo Direct Might Be Coming Soon
13.6.2022
In years past, this would have been the week for the big annual June Nintendo Direct, but in 2022 the Mario maker is so far nowhere to be seen. But the company could still be planning to close out the month with a showcase of some kind, according to a writer at Sony Santa Monica.Read more
Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets
13.6.2022
On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto community has been discussing the cryptocurrency lending application Celsius as rumors of insolvency...
100º Celsius: Industry Debating Possible Impact, Lenders Reassuring Users, Nexo Offers Help
13.6.2022
Major crypto lender Celsius (CEL) has entered boiling hot water today when it announced a halt to withdrawals, transfers between accounts, and Swap – leaving the crypto industry to try and figure out how this crisis may affect it, as lenders left and right reassure their users of normal...
Desperate Celsius Users Face Liquidations as Crypto Market Tanks, Solvency Debate Begins
13.6.2022
Some users of Celsius (CEL), a troubled major crypto lender, are facing liquidations of their trading positions as the crypto market crashes and industry players discuss (in)solvency of Celsius and chances to sue the company.
To make things worse, the company has also suspended withdrawals...
Bitcoin hash rate marks all-time high as BTC price drops below $25K
13.6.2022
Complimenting the new hash rate ATH of 231.428 ExaHash per second, Bitcoin’s network difficulty stands at a strong position of 30.283 trillion
Ethereum difficulty bomb delayed but network adoption still growing
13.6.2022
The difficulty bomb is designed to make mining profitability plummet in order to disincentivize miners ahead of the long-awaited Merge
Bitcoin Tests USD 25K, Ethereum Dives to USD 1.3K, CEL Crashes on Paused Withdrawals News
13.6.2022
Bitcoin price struggled to start a fresh increase above the USD 30,000 resistance and dived to the USD 25,000 level before somewhat recovering. It is currently (03:57 UTC) trading above USD 25,500 and is down almost 8% in a day and 15% in a week.
Similarly, most major altcoins started a major...
AuroraFS DApps Development Capabilities to Be Enhanced
11.6.2022
PRESS RELEASE. Recent news reveals that AuroraFS has progressed in its vision and direction concerning the development of the next generation of DApps which will be deployed on the decentralized P2P cloud storage and distribution network. AuroraFS announced intentions to begin building DApps which...
'Ubiquitous' Crypto Payments, Custody Exchange Network, DCG and Huobi Get New Arms + More News
10.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______...
Read More: 'Ubiquitous' Crypto Payments, Custody Exchange Network, DCG and Huobi Get New Arms + More News
Bitcoin Lightning Network Capacity charges through 4,000 BTC
10.6.2022
The layer-2 technology built on Bitcoin now has 4,000 Bitcoin or $120 million locked up allowing for near-instant payments around the world
Chainlink Keepers and VRF are Live on the Avalanche Network
10.6.2022
Avalanche announced that its primary network had taken Chainlink Keepers and Chainlink VRF live through integration. It is expected to benefit Avalanche developers and users alike through the security and functionality of applications. The integration allows the community to leverage the automation...
Anchorage forms custody network with five crypto exchanges
10.6.2022
The exchange custody network includes Binance.US, CoinList, Blockchain.com, Strix Leviathan and Wintermute
Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600
10.6.2022
Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal Revenue Service (IRS) is specifically focusing on payments of $600 or more for goods and services received through...
Orderly Network Raises $20M for DeFi Infrastructure on Near Protocol
9.6.2022
The decentralized exchange offers trading infrastructure for permissionless spot assets and their futures
Stellar Public Network Upgrades to Protocol 19 Successfully
9.6.2022
The Stellar Public Network has been upgraded to Protocol 19 as of June 08, 2022, at 15:00 UTC. The upgrade introduces new transaction preconditions and a new type of signer. Several changes adopted during the upgrade will make building payment channels, key recovery solutions, and bridges to other...
Anchorage Spearheads Crypto Custody Exchange Network to Enhance Trading, Liquidity
9.6.2022
Anchorage and crypto companies including Binance.US created an exchange network for institutional investors
DeFi contagion? Analysts warn of 'Staked Ether' de-pegging from Ethereum by 50%
9.6.2022
Liquid staking firms could default on their Ether obligations if "the Merge" does not happen