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Fintech and Bitcoin Payments Firm Zebedee Raises $35 Million From Kingsway Capital, Square Enix
19.7.2022
On Tuesday, the fintech and payment processor Zebedee announced the company has raised $35 million from Kingsway Capital, Raine Group, and video game giant Square Enix. Zebedee detailed that the Series B funding will help the startup “scale company-wide to meet the needs of the biggest names...
Andorra Taking Baby Steps Toward Crypto Adoption
19.7.2022
The microstate of Andorra is looking to make crypto and central bank digital currency (CBDC)-related moves with a legislative proposal that could eventually see the country issue its own token – and despite an initial setback, could push to adopt crypto-friendly policies in the near future....
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As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days Ago
19.7.2022
While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s...
Busking on Bitcoin: How Lightning Network outperforms Ethereum for tipping
19.7.2022
A busker in British Columbia got a lesson in the Lightning Network after a passerby offered to send some Bitcoin his way
Celsius Network Defends Bitcoin Mining Plans Amid Bankruptcy
19.7.2022
The renowned crypto lender Celsius Network defends its Bitcoin mining plans amid bankruptcy concerns. The New Jersey-based venture gained approval from Martin Glenn, a US Bankruptcy Judge, to spend 3.7 million dollars on building a new mining facility. Additionally, the venture is spending...
Aave taps Pocket Network to beef up decentralized app development
19.7.2022
Aave will leverage Pocket's distributed network of 44,000 nodes to access on-chain data from various blockchains
Crypto Turmoil Latest: 3AC Creditor List Unveiled and Celsius Asks Creditors to ‘Go Long’ on Crypto
19.7.2022
With coin prices still very tentatively recovering and some even forecasting the end of crypto winter, optimists will hope that the darkest days of the crypto crunch are behind us – but things are still hot in the world of the bankrupt duo Celsius (CEL), a crypto lender, and Three Arrows Capital...
Celsius Mulls Another Option for Its Clients, Central Bank Fines Binance + More News
18.7.2022
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: Celsius Mulls Another Option for Its Clients, Central Bank Fines Binance + More News
Report: Equitiesfirst Named as Mystery Debtor to Celsius, $439 Million Owed to Crypto Lender
17.7.2022
Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that...
While the ‘Timeline Isn’t Final,’ Ethereum Could Implement The Merge on September 19
16.7.2022
In roughly 65 days, there’s a chance Ethereum’s highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS), otherwise known as The Merge, could be implemented. The information was shared via “a planning timeline” on Twitter, which noted the shift from...
Time to accumulate? 5 sectors to watch during crypto winter
15.7.2022
Crypto prices have dropped to multiyear lows, raising the question of which assets from which subsectors are ready for accumulation
Decentralized Oracle Empiric Network Launches With $7M Funding Round
15.7.2022
Variant led the round for the StarkNet-based oracle, which was created in partnership with StarkWare
The Fall of Celsius Network: A Timeline of the Crypto Lender’s Descent Into Insolvency
15.7.2022
A timeline of Celsius’ battle with insolvency during the crypto crash, from the firm’s decision to limit some user activity before the “pause,” to its decision to file for bankruptcy on the advice of restructuring experts
Two Bitcoin price prediction polls, same outcome: $10K BTC is coming
15.7.2022
While a classic technical indicator could be hinting at BTC price falling below $13,000 as well
Trezor Has Seen ‘Significantly’ Higher Interest in Self-Custody Amid Ongoing Crypto Turmoil
15.7.2022
Major hardware wallet maker Trezor said they have noticed higher interest in their devices following a string of crypto company meltdowns and centralized exchanges suspending withdrawals.
According to a company spokesperson, bitcoin (BTC) and crypto holders are “getting nervous about holding their...
CEL Jumps While Celsius’ Bankruptcy Protection Filing Reveals a Billion-Dollar Hole in Balance Sheet
15.7.2022
More troubling news is coming out regarding Celsius (CEL), as its so-called Chapter 11 bankruptcy protection filing on July 14 has revealed a deficit of close to USD 1.2bn for the crypto lender.
According to a new document filed with the U.S. Bankruptcy Court of the Southern District of New York...
Celo network back online after almost 24-hour outage
15.7.2022
It was the first time the Celo mainnet had gone down in more than two years
Ankr Network’s 2.0 upgrade aims to improve Web3 decentralization
15.7.2022
Ankr is one of the largest remote procedure call (RPC) endpoint providers in the crypto space, which are critical for Web3 dApps that connect with blockchains
Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters
14.7.2022
During the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S. dollar. On July 13, just before the lending company filed for Chapter 11 bankruptcy, CEL was exchanging hands for $0.961 per unit. Following the news that the company filed...
Celsius Network 'Could Stick Around' After Bankruptcy, Restructuring Expert Says
14.7.2022
Ryan Preston Dahl, a partner at Ropes & Gray, joined CoinDesk TV’s “First Mover” to discuss the crypto lender’s bankruptcy filing