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Employee quits after red flags at first crypto job, stays in blockchain for the tech
17.6.2022
Roland Guirdonan came to believe that cryptocurrencies are genuinely the "future of money" despite an unpleasant experience at his first job in the industry
First Mover Asia: When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won't Have a Place; Bitcoin Sinks Toward $20K
17.6.2022
The crypto hedge fund, which has been one of the industry’s most prolific investors in new protocols and is also a large borrower, is facing $400 million in liquidations on its positions; ether drops toward $1,000
Biggest Movers: SOL, TRX Nearly 10% Higher, as Crypto Prices Marginally Rebound
16.6.2022
SOL was nearly 10% higher on Thursday, as crypto prices rebounded following recent losses. The rebound comes a day after the latest Fed rate hike, with TRX also gaining on the news. Solana (SOL) SOL was trading higher during today’s session, spurred by the latest Federal Reserve rate hike....
Bitcoin, Ethereum Struggle a Day After Fed's Record Rate Hike as Analysts Hope for a Bounce
16.6.2022
The bitcoin (BTC) and broader crypto market failed to recover higher and returned to the selloff on Thursday, after a brief rally following the US Federal Reserve’s (Fed) announcement on Wednesday that it had raised rates by 75 basis points, its largest rate hike since 1994....
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Three Arrows Capital ‘Ghosted Us’ After USD 1M Went Missing, Trading Firm Claims
16.6.2022
The drama surrounding the troubled crypto hedge fund Three Arrows Capital is continuing, with one trading firm now saying USD 1m was removed from its trading account by the hedge fund, and that Three Arrows Capital’s co-founder Kyle Davies can no longer be reached....
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Liquidity provider asks platforms to freeze 3AC funds to recover assets after litigation
16.6.2022
Danny Yuan said that their team detected that $1 million was missing from their company's funds at Three Arrows Capital (3AC)
BitMEX’s Delo Will Not Face Prison After Guilty Plea
16.6.2022
Ben Delo pleaded guilty to charges of violating the Bank Secrecy Act earlier this year
Market Wrap: Fed Hikes Rates at Highest Level Since 1994, Bitcoin Rallies After
15.6.2022
MarketWrap Tuesday, June 15th
Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
15.6.2022
BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years
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...
Halo Infinite’s Juneteenth Cosmetic Briefly Named After Ape, Sparks Outcry
15.6.2022
Last night, developer 343 Industries rolled out a Juneteenth-themed cosmetic option for Halo Infinite, its multiplayer shooter. For a moment, the affiliated Pan-African-themed color palette was titled “Bonobo.” A bonobo, for those who don’t know, is an endangered species of great ape.Read more
After Terra and Celsius, Crypto Market Now Might Be Hit With Three Arrows
15.6.2022
The major crypto hedge fund Three Arrows Capital (3AC) is rumored to be insolvent, with reports suggesting the firm has already faced massive liquidations and on-chain data indicating large sales of ethereum (ETH) staked on staking provider Lido in the past week....
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Three Arrows Faces Possible Insolvency After Unforeseen Liquidations
15.6.2022
The investment firm has been one of the most-vocal crypto market participants in the past few years
Legal battle avoided after YGG and Merit Circle DAO agree to a deal
15.6.2022
The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement
Bank of England’s Governor Warns About Crypto Amid Bloodbath — ‘Be Prepared to Lose All Your Money’
15.6.2022
The governor of the Bank of England, Andrew Bailey, has reiterated his warning about cryptocurrency investing after U.S. crypto lender Celsius abruptly froze withdrawals. He stressed that investors should be prepared to lose all their money, emphasizing that crypto has no intrinsic value. Bank...
Fallout 5 Is Bethesda’s Next Game After Elder Scrolls 6, Will Probably Be Out By 2050
15.6.2022
In an interview published today, Bethesda’s creative director Todd Howard revealed the studio’s future plans, explaining that after the Elder Scrolls 6 comes out, the studio’s next game will be Fallout 5, the next main entry in the company’s post-apocalyptic open-world RPG franchise. However...
Binance Reveals Incident That Forced It to Freeze BTC Withdrawals
14.6.2022
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from...
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
Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving
14.6.2022
After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s). While bitcoin’s USD value remains under the $23K zone, Bitcoin’s hashrate has managed to climb back above the...
Team Fortress 2 Fans Inconsolable After PC Gaming Show Snub
14.6.2022
Some poor Team Fortress 2 players—beleaguered by bots, stomachs growling from the game’s lack of major updates—wrongly believed they would finally get a dose of good news after spotting the Engineer character in a promotional image for PC Gamer’s PC Gaming Show on June 12. They did not.Read more