Not the best week for crypto lending: Law Decoded, June 20-27

The Celsium failure continues to draw attention to the lending issues from regulators and community.

254 +

CoinFLEX to Launch a $47M Recovery Token to Solve Withdrawal Issues

CoinFLEX said last week it was halting withdrawals amid the recent market downturn and counterparty uncertainty. дальше »

267 +

Voyager Digital issues default notice to 3AC

Voyager Digital has formally issued beleaguered crypto hedge fund Three Arrows Capital (3AC) a notice of default over the failure to honor loan payments requests. The company last week announced that it had asked 3AC to repay the loan of $350 million USDC and 15,250 BTC by 27 June, failure of which would result in […] The post Voyager Digital issues default notice to 3AC appeared first on Invezz. дальше »

573 +

Voyager issues notice of default to 3AC over $675M loan obligations, legal action next

Voyager Digital Limited has issued a default notice to Three Arrows Capital (3AC) for failure to pay its loan obligations. The post Voyager issues notice of default to 3AC over $675M loan obligations, legal action next appeared first on CryptoSlate. дальше »

447 +

Voyager Digital issues notice of default to Three Arrows Capital

Voyager said that it will continue to operate and fulfil their customers’ orders and withdrawals amid its current issues.

425 +

Voyager Digital Issues Default Notice to 3AC, Draws Down $75M of Alameda Revolver

Crypto broker has issued a notice of default to Three Arrows Capital (3AC) after the beleaguered hedge fund failed to make the required payments on its loans of 15,250 bitcoin and $350 million in USDC. дальше »

519 +

Bitcoin payments make a lot of sense for SMEs but the risks still remain

While Bitcoin payments can be processed quite easily by businesses these days there are still some tangible issues that need to be ironed out. дальше »

359 +

Gold-Backed Stablecoin Can Help Russia Circumvent Sanctions, Government-Owned Bank Suggests

Researchers at Russian bank VEB suggested the country issues a gold-backed stablecoin for international payments to evade sanctions. дальше »

374 +

Gate.io Exchange Review – A Look At Fees, Features, Security

The list of new cryptocurrency exchanges seems to be growing by the day. With the currently active and popular exchanges not being perfect and at times struggling with various issues, new competitors are popping up left and right and are looking to bring about solutions that will satisfy even the neediest of customers. дальше »

430 +

'Rush of radical rulemakings' — Hester Peirce criticizes SEC agenda

Peirce has called for regulatory clarity around certain issues relating to crypto as part of the SEC Spring 2022 Regulatory Agenda, which was released on Wednesday. дальше »

423 +

Crypto lender Maple Finance joins list of platforms facing liquidity issues

Maple Finance joined the growing list of crypto lending platforms facing liquidity challenges after announcing on June 21 that there might be insufficient cash in its pools. The post Crypto lender Maple Finance joins list of platforms facing liquidity issues appeared first on CryptoSlate. дальше »

376 +

ECB head calls for separate framework to regulate crypto lending

Christine Lagarde introduced a “MiCA II” idea to cover the issues yet untouched by European regulators.

283 +

Bank of Israel experiments with central bank digital currency smart contracts and privacy

The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some of the technical aspects of digital currency. дальше »

429 +

BIS Releases Report Criticizing Crypto

A new BIS report has criticized crypto for its structural flaws, arguing that a lack of stable nominal anchor, scalability issues, fragmentation, and unregulated intermediaries all pose risks to the... дальше »

330 +

Серьезный сбой у Cloudflare сказался на работе криптобирж

21 июня провайдер сетевых услуг Cloudflare предупредил о глобальном сбое своих сервисов. Криптовалютные биржи испытали технические проблемы. The Cloudflare team is aware of the current service issues and is working to resolve as quickly as possible. дальше »

250 +

Nik Bougalis commented on problems due to Cloudflare

Developer Nik Bougalis commented on problems due to Cloudflare. Developer Nik Bougalis on Twitter commented on the problems due to Cloudflare: So the Internet seems slight borked right now. Seeing issues with @Cloudflare, and perhaps others are affected too. He... дальше »

312 +

Solend introduces $50M borrow limit as whale account begins debt repayment

Solana-based DeFi protocol Solend has initiated a new proposal to limit the borrowing on the platform to $50 million per account; this is its third proposal in the last few days as it grapples with liquidity issues. дальше »

462 +

XUMM Support reported a major outage

Оn twitter, XUMM Support reported a major outage. On Twitter today, XUMM Support reported a major outage. The reason was problems with Cloudflare. Most services & platforms are currently experiencing issues due to a major outage at @Cloudflare (trusted by... дальше »

609 +

One Week Later, TRON’s Terra Ripoff Is Still Worth Less Than a Dollar

The TRON stablecoin USDD is meant to track the price of the dollar, but its struggled to maintain its peg over the past week. TRON Stablecoin Faces Depeg Issues TRONs... дальше »

389 +

The current Celsius, 3AC situation may not be as bad as rumors suggest

One of the more concerning issues around the current insolvency fears for several centralized lenders and investors is the lack of transparency. The post The current Celsius, 3AC situation may not be as bad as rumors suggest appeared first on CryptoSlate. дальше »

320 +

Bitcoin Facing Issues with Hashprice as Miners Leave Market Massively: Details

Bitcoin's drop in hashprice could become reversal point for market, and here's why дальше »

308 +

Huobi to permanently shut crypto operations in Thailand

Huobi Thailand failed to fix system issues despite several extensions given by the Thai SEC.

374 +

Crypto Hedge Fund CEO Breaks Silence On Rumored Insolvency Issues

As the crypto market gets clobbered by threats of a recession and Celsius Network pausing withdrawals, Three Arrows Capital CEO Zhu Su has broken the silence on his company’s rumored liquidity woes. дальше »

372 +

Celsius hires restructuring lawyers to help ease its financial woes

Crypto lending platform Celsius has hired a legal team to advise on restructuring its business after facing liquidity issues, The Wall Street Journal reported, citing sources with direct knowledge of the matter. дальше »

387 +

South Korean Exchange Issues Warning on Tron and Waves’ Stablecoins

South Korea's largest domestic crypto exchange has sounded the alarm over the de-pegging of Tron's USDD and Waves' Neutrino USDN stablecoins. The post South Korean Exchange Issues Warning on Tron and Waves’ Stablecoins appeared first on BeInCrypto. дальше »

459 +

Is Mines of Dalarnia Worth Playing?

After launching with much anticipation, MoD seems to have fallen off the cliff due to its many launch issues. Player count was increasing in the... дальше »

390 +

Survey Shows NFT Buyers Flipping Out Due To Profitability Issues

The place of non-fungible tokens has suddenly risen with the digital space over the past year. As a result, more people and brands embrace NFTs on different occasions with different purposes. Some businesses used the assets to create suitable advertisements and sensitize the public. дальше »

390 +

Binance Clarifies What Caused Earlier Bitcoin Withdrawal Issues

The crypto exchange said the problem had to do with stuck transactions related to some hardware headwinds. дальше »

399 +

Celsius Has Paused Customer Withdrawals

The development follows weeks of rumors that the crypto lender could face insolvency issues due to the decline in the crypto market. Celsius Customers Blocked From Accessing Funds Celsius appears... дальше »

366 +

Lido-Staked ETH Prices Slip Due to Liquidity Issues

The price of Lido-staked ETH (stETH) has fallen significantly against Ethereum prices, losing its intended parity with the latter asset. Lido-Staked ETH Loses Target Price stETH is losing parity with... дальше »

412 +

Marathon Mined 47% Less Bitcoin Than Expected In May

Marathon has revealed that the mining company has produced 47% less Bitcoin than expected during this past month of May. Marathon’s Bitcoin Mining Production Took A Hit Due To Power Issues Last Month Marathon Digital Holdings yesterday released in a press release its BTC mining updates for the month of May 2022. During this month, […] дальше »

351 +

Ethereum May Face at Least 5 Issues During Upcoming Merge Update: Details

Ethereum's upcoming Merge should not be surprise for market, but some problems may still happen during transition дальше »

319 +

From Bernie To Bitcoin: Fix The Money

Healing symptoms of widespread societal issues without fixing the underlying cause will lead to more of the same and doesn’t actually solve anything. дальше »

363 +

Terra 2.0 (LUNA) Founder, Do Kwon, Breaks Silence Once Again, Opens up His Twitter

After setting his Twitter profile to private four days ago, Terra Luna’s Founder, Do Kwon, once again opened up his Twitter account to the public, publishing a series of posts. Do Kwon Opens Up In a series of tweets published today, June 9th, Do Kwon elaborated on several issues regarding Terra 2. дальше »

405 +

MimbleWimble adds new features for Litecoin, but some exchanges balk

Litecoin may have recently activated its long-awaited privacy-based upgrade, but not without creating some regulatory compliance issues. дальше »

403 +

New York’s NYDFS Issues Guidance on Stablecoins

The New York Department of Financial Services (NYDFS) has issued new regulatory guidance for companies that create stablecoins. NYDFS Sets Out Guidance The NYDFS’ guidance sets out three baseline requirements... дальше »

386 +

New York’s financial regulator issues new rules for stablecoins

The New York Department of Financial Services (NYDFS) has published a formal guidance for stablecoins in the state, laying out strict demands for issuers around asset reserves. The new rules, released on Wednesday, are targeted at licensed crypto firms that issue stablecoins. дальше »

373 +

Chainlink (LINK) up 10%, Shows One of Best Performances on Market

While Ethereum, Solana and other networks are experiencing issues with market performance, Chainlink becomes most profitable asset in last 24 hours дальше »

440 +

Solana Ranks Near Bottom on DeFiSafety Technical Risk Score

Independent ratings organization DeFiSafety had few compliments for Solana following its repeated outages and reliability issues this year. The post Solana Ranks Near Bottom on DeFiSafety Technical Risk Score appeared first on BeInCrypto. дальше »

438 +

Crypto Heritage: The Digital Asset Market is Ripe for Proper Inheritance Frameworks

Inheritance is one of the most neglected issues in the emerging crypto ecosystem; according to the most recent market analysis, close to 4 million Bitcoin (BTC) are currently inaccessible. A good number of these coins belonged to crypto investors who passed away before laying out a proper heritage structure. Was it their fault or the […] дальше »

689 +

Cake DeFi issues $317 million in rewards to customers

Singaporean-based Cake DeFi has set a record for the amount it has issued to…

The post Cake DeFi issues $317 million in rewards to customers appeared first on CoinJournal.

354 +

Entering A New Era: Are there any legal issues associated with NFTs?

During the pandemic, the non-fungible token (NFT) market expanded, whereas the conventional artists, performers, and on-site galleries had struggled with Covid-related lockdowns. On the other hand, artists, enthusiasts, entrepreneurs, and companies have been trying to capitalize on the possibilities of NFTs and fully grasped the market operations. дальше »

861 +

New York Attorney General issues new warning to cryptocurrency investors

Attorney General Letitia James issued an “alert” on June 2 warning New Yorkers about the dangers of investing in cryptocurrencies. The post New York Attorney General issues new warning to cryptocurrency investors appeared first on CryptoSlate. дальше »

356 +

New York AG Issues Warning About Cryptocurrencies as Bitcoin Struggles to Recover

New York Attorney General Letitia James has warned about some risks associated with cryptocurrency investing дальше »

424 +

Biden administration to draft report on crypto miners’ energy use, emissions

An energy team of the White House is drafting a policy recommendations report to address issues concerning cryptocurrency mining’s energy consumption and emissions, according to a report by Bloomberg Law. дальше »

400 +

Germany Issues Crypto Securities Guidance as Deadline Looms

Coinbase has already received authorization as a crypto custodian, but lawmakers are extending the regulatory net ever wider дальше »

319 +

Exclusive: How Primordia DAO is redefining governance and social issues?

DAOs, or decentralised autonomous organisations, are rewriting our notions of how organisations operate and may operate in the future. DAOs are self-governing organisations defined by a clear set of computer-encoded rules. дальше »

344 +

Can Volatility in Crypto Prices Cause Severe Mental Health Issues?

Cryptocurrency markets have been quite volatile since November of 2021. With the prices of various cryptocurrencies rising drastically over Q4 2021 and continuing their bearish momentum for the first half of 2022, there’s no doubt that the volatility has impacted traders’ mental health. дальше »

338 +

Binance Staking completes initial phase of Terra 2.0 airdrop as ecosystem issues persist

About 70% of tokens are held in escrow and will be vested starting later this year.

258 +

Stablecoins Face U.K. Regulation Following UST Collapse

The U.K. government has published a paper exploring ways to mitigate the financial stability issues associated with digital payment assets. The development comes after the collapse of UST, previously the... дальше »

408 +