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BlueBenx fires employees, halts funds withdrawal citing $32M hack
BlueBenx’s lawyer, Assuramaya Kuthumi, revealed that the attack resulted in the loss of $32 million, which many investors found hard to believe. дальше »
2022-8-14 08:18 | |
Report Claims Ripple Labs Might Be Looking at Acquiring Celsius; Here’s What We Know
Reuters reported that Ripple Labs could potentially buy assets of the defunct cryptocurrency lender Celsius Network, citing a company representative. The post Report Claims Ripple Labs Might Be Looking at Acquiring Celsius; Here’s What We Know appeared first on BeInCrypto. дальше »
2022-8-11 06:30 | |
Another One Bites The Dust: German Crypto Bank Nuri Files For Insolvenzrecht
German cryptocurrency-focused bank Nuri has revealed that it has filed for bankruptcy, citing the protracted crypto winter. Customers’ access to the platform’s services and their funds have not been hampered, according to the firm. дальше »
2022-8-11 00:15 | |
German crypto bank Nuri files for insolvency citing a “lasting strain”
Nuri, a German startup crypto bank, yesterday evening announced that it had filed for… The post German crypto bank Nuri files for insolvency citing a “lasting strain” appeared first on CoinJournal. дальше »
2022-8-10 11:39 | |
Hodlnaut Halts Customer Withdrawals, Becomes Latest Exchange To Plunge Into Crisis
Hodlnaut stopped offering exchange services on its platform on Monday, citing liquidity crisis and the need to discuss a recovery strategy with a legal advisory firm as the industry battles to survive in the wake of a collapse in the price of cryptocurrencies. дальше »
2022-8-9 01:08 | |
Singapore-Based Hodlnaut Halts Withdrawals Citing ‘Market Conditions’
Crypto lender Hodlnaut has halted withdrawals, token swaps, and deposits for its users. The Singapore-based platform stated that it reached this “difficult decision” on the back of recent “market conditions”. дальше »
2022-8-9 18:00 | |
Singapore-based Hodlnaut freezes customer accounts, drops license application
Singapore-based crypto lending platform Hodlnaut announced a freeze on withdrawals citing declining market conditions. The post Singapore-based Hodlnaut freezes customer accounts, drops license application appeared first on CryptoSlate. дальше »
2022-8-8 16:00 | |
Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand. дальше »
2022-8-5 06:05 | |
Robinhood cuts a further 23% of its workforce citing “Broad Crypto Market Crash”
Robinhood Markets Inc. (NASDAQ: HOOD), on Tuesday, announced that it will have to lay off a further 23% of its workforce after laying off 9% at the beginning of this year. The online brokerage firm blamed the declining crypto market for the drastic move. дальше »
2022-8-3 13:43 | |
Babel lost over $280M trading with customer funds; wants to raise up to $300M
Embattled crypto lender Babel Finance lost over $280 million while trading with customer funds, The Block reported July 29, citing the firm’s restructuring proposal deck. The post Babel lost over $280M trading with customer funds; wants to raise up to $300M appeared first on CryptoSlate. дальше »
2022-7-29 18:00 | |
Lawmakers delay voting on US bill to regulate stablecoins till September
United States lawmakers have delayed the vote on a bipartisan bill on stablecoin regulation until at least September, The Wall Street Journal reported, citing people familiar with the matter. The post Lawmakers delay voting on US bill to regulate stablecoins till September appeared first on CryptoSlate. дальше »
2022-7-26 19:41 | |
FTX is reportedly looking to buy South Korean crypto exchange Bithumb
FTX, the cyptocurrency exchange firm founded by crypto billionaire Sam Bankman-Fried, is looking to acquire South Korea-based crypto platform Bithumb. Reports of the potential acquisition surfaced on Friday, with major publication Bloomberg citing sources familiar with the development. дальше »
2022-7-23 23:07 | |
Southeast Asian crypto exchange Zipmex halts withdrawals
Zipmex, a Thai-based crypto exchange, has halted withdrawals citing a combination of circumstances. The… The post Southeast Asian crypto exchange Zipmex halts withdrawals appeared first on CoinJournal. дальше »
2022-7-20 14:54 | |
Gemini eyes further staff cuts to control costs amid crypto winter
Seven weeks after announcing a 10% headcount reduction to survive the winter, crypto exchange Gemini is going for the second round of layoffs to fire another 15%, to cut the costs even more, TechCrunch reported, citing sources. дальше »
2022-7-19 15:40 | |
Glassnode data shows Binance’s Bitcoin holdings surpass Coinbase
Popular crypto analyst Will Clemente, citing Glassnode data, revealed that Binance now holds more Bitcoin (BTC) units than its rival Coinbase. The post Glassnode data shows Binance’s Bitcoin holdings surpass Coinbase appeared first on CryptoSlate. дальше »
2022-7-19 01:00 | |
Sri Lanka’s Central Bank Warns The Public Against Crypto Purchases Despite The Economic Crisis
The Central Bank of Sri Lanka has warned the public against engaging in crypto-related activities citing the lack of regulations and accompanying risks. For the third time in less than three years, the bank stated on Tuesday that it had not issued any license or authorization to any firm to operate schemes involving Bitcoin or […] дальше »
2022-7-19 00:11 | |
Investors lost over $100M after Invictus Capital moved funds into UST, Celsius against their wishes
Invictus Capital, a crypto investment firm based in South Africa, moved crypto from funds designated for investments with “no anticipated downside risk” into Terra USD and held the tokens through the UST de-peg event citing “pretty amazing interest” as justification for holding through the crash. дальше »
2022-7-19 20:00 | |
US Democrats Call for Crypto Mining Crackdown in Letter to Regulators
Democrat members of Congress have called on two federal agencies to take action on Bitcoin mining, citing their energy consumption. The post US Democrats Call for Crypto Mining Crackdown in Letter to Regulators appeared first on BeInCrypto. дальше »
2022-7-18 15:00 | |
India Shuts Down Blockchain and Crypto Assets Council Citing Compliance Issues
The Internet and Mobile Association of India (IAMAI) will dismantle the Blockchain and Crypto Assets Council (BACC) in what is being considered a massive blow to the only representative body for the domestic crypto industry. дальше »
2022-7-15 23:00 | |
Did SushiSwap’s proposal to offset carbon footprint trigger recovery
Environmental activists have been behind crypto and blockchains for a long time now. They have been citing concerns that come with the use of this technology. Although for most blockchains, the arThe post Did SushiSwap’s proposal to offset carbon footprint trigger recovery appeared first on AMBCrypto. дальше »
2022-7-13 13:30 | |
Philippines’ DTI Discards Calls For Binance Ban, Citing Absence Of Legal Grounds
The Philippines’ Department of Trade and Industry has responded to calls for the ban of Binance in favor of the crypto exchange. The DTI discarded the petition to bar the exchange from operating in the Philippines as it pointed out that there is no legal or regulatory premise to which the charges brought on the […] дальше »
2022-7-12 16:22 | |
Elon Musk pulls out of Twitter deal amid “false and misleading” information from Twitter
Tesla CEO and Dogecoin superfan Elon Musk has pulled out of his $44 billion deal with Twitter citing concerns over “false and misleading representations. ” One of the key concerns was a lack of data available to Musk to analyze the severity of the bot problem on the platform. дальше »
2022-7-9 02:01 | |
Celsius Network continues to make moves, prompting calls to resume withdrawals
It’s approaching four weeks since Celsius Network implemented a pause on withdrawals, swaps, and transfers between accounts, citing “extreme market conditions. ” During this time, senior staff has drawn heavy criticism for mismanagement of the company. дальше »
2022-7-8 20:00 | |
eToro Pulls Plans for Nasdaq Listing Citing Circumstance ‘Beyond Our Control’
eToro and FinTech Acquisition Corp V have mutually agreed to terminate a merger agreement first announced in March, putting to an end to eToro’s public listing plans The post eToro Pulls Plans for Nasdaq Listing Citing Circumstance ‘Beyond Our Control’ appeared first on BeInCrypto. дальше »
2022-7-7 09:00 | |
Celsius Beats Down Liquidation Price With $120 Million In Loan Repayments
Celsius has been at the center of most crypto controversies in the last month. The lending platform had had to pause withdrawals, transfers, and swaps on its platform, citing extreme market conditions as the reason, but that was only the beginning of its troubles. дальше »
2022-7-5 20:00 | |
Vauld Becomes Latest Crypto Exchange to Suspend Trading Amid Financial Woes
Coinbase-backed Vauld has become the latest firm to suspend trading, citing fallout from the market crash. The post Vauld Becomes Latest Crypto Exchange to Suspend Trading Amid Financial Woes appeared first on BeInCrypto. дальше »
2022-7-5 21:00 | |
Vauld Suspends Withdrawals Citing Tough Market Conditions – Here’s Why Lending Firms Are Folding Up
Vauld becomes the latest lending platform to capitulate under dire market conditions. The firm has halted withdrawals after customers began withdrawing their funds en masse. дальше »
2022-7-5 20:31 | |
The how, what, and why of Vauld suspending its services citing 'challenges'
In light of the crypto-market's recent fortunes, popular lending platform Vauld has halted trading, deposits, and withdrawals. The company's management disclosed that it is "suffering financial issuesThe post The how, what, and why of Vauld suspending its services citing 'challenges' appeared first on AMBCrypto. дальше »
2022-7-4 17:30 | |
Taiwan joins growing list of countries developing CBDCs
Taiwan’s central bank is working on developing a central bank digital currency (CBDC) but does not have a clear timeline for when it will be ready for public release, Reuters reported, citing the regulator’s governor, Yang Chin-long. дальше »
2022-6-30 21:30 | |