Silvergate Crypto Deposits Remain Healthy Amidst Market Downturn
Silvergate Capital Corporation announced a steady stream of crypto deposits in the second quarter. Deposits in the second quarter totaled...
Business
BNP Paribas Looking Into Crypto Custody Services
Key Takeaways BNP Paribas, one of the largest banking groups in the world, is reportedly considering partnering with a digital...
Struggling Miners Offload $300M Worth of Bitcoin in One Day
Mining heavyweights offload more bitcoins to help cover operating costs. More than $300 million worth of bitcoins were transferred out...
Arkansas Resident Launches Class-Action Lawsuit Against Celsius
Arkansas resident Taylor Goines has filed a class-action lawsuit against Celsius for selling unregistered securities, likening the crypto lender’s operations...
Flowcarbon Suspends Token Rollout, Cites Market Instability
Adam Neumann’s Flowcarbon has been forced to halt operations and rollouts of new products amid the current crypto bear market....
EquitiesFirst Owes Celsius $439M: Report
Key Takeaways Crypto lending company Celsius is currently owed $439 million by EquitiesFirst, court filings and a new report from...
Coinbase Suspends Affiliate Program, Leaked Emails Show
Leaked emails suggest that Coinbase is suspending its affiliate marketing program in the United States on July 19. The emails...
Private Equity Firm Slashes Valuations of BlockFi Investments
A prominent private fund has downgraded the status of its investments in BlockFi, the beleaguered crypto lender. The Private Shares...
Pompliano Crypto Recruitment Firm Raises $12.6M in Series A Funding
Influential bitcoin investor Anthony Pompliano has raised $12.6 million in Series A funding for Inflection Points, a crypto-focused recruitment and...
Binance Granted Crypto Registration From Spanish Central Bank
Key Takeaways Binance's Spanish subsidiary Moon Tech Spain, S.L. has been granted a Virtual Assets Services Provider registration by the...
Three Arrows Capital Liquidators Secure Subpoena for Hedge Fund Founders
Liquidators of Three Arrows Capital have successfully petitioned a federal bankruptcy judge to subpoena the hedge fund founders. The motion...
As Costs Rise and Prices Fall, How Home Miners Are Learning to Adapt
Home and hobbyist miners in the U.S. are finding creative ways to slash their energy bills in the face of...
HashKey Reveals New Features for Web3 Users and Devs
Web 3 decentralized identifier QPassport has officially announced to rebrand as HashKey DID. With the aim of developing a long-term...
Blockchain.com Loses $270M in 3AC Chaos
Key Takeaways Blockchain.com has lost $270 million to Three Arrows Capital, according to a letter sent to shareholders two weeks...
Ex-Meta Employees Aim to Revive Diem and Build the Next Big Blockchain
Two former Meta employees are developing the Aptos blockchain using Diem’s open-source technology to create an L1 blockchain for enterprises....
Paxos Reveals USDP and BUSD Reserves Challenges Other Stablecoins
Paxos Trust became the first stablecoin issuer to reveal the composition of its reserves for Binance USD (BUSD) and the...
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...
Celsius Fully Repays MakerDAO Debt
Key Takeaways Celsius has repaid its $41.2 million debt to MakerDAO, which enabled it to unlock the 21,962 wBTC it...
FTX Derivatives Play Faces Pushback From Wall Street
Bahamas-based crypto exchange FTX is pushing the Commodities and Futures Trading Commission to grant it a license to offer bitcoin...
Tangem Helps You Prosper With Non-extractable Private Keys
Tangem is envisioning revolutionizing crypto security with its seedless crypto storage system. Cryptocurrency is in a growing frenzy. Digital assets...
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...
CoinLoan Decreases Its Withdrawal Limit by 99%
Key Takeaways Crypto lending company CoinLoan has announced it will be decreasing its daily withdrawal limit from $500,000 to $5,000....
