Johnny Lyu, the CEO of KuCoin, has shot down rumors of withdrawal issues and insolvency at the firm, saying that “everything on KuCoin is operating well.” Lyu made the statement after a number of Crypto […]
Embattled crypto lender, Celsius, has laid off 150 employees, representing a quarter of its workforce, according to the latest reports. Israeli news outlet Calcalist reported some of the employees laid off are in Israel. The […]
Circle, the company behind USDC, the world’s second-largest stablecoin, is in its “strongest financial position” ever, according to CEO Jeremy Allaire. It comes as stablecoins have come under increased scrutiny following the collapse of Terra’s […]
That’s not good. Normally, if these companies were private, they would be trying to figure out how to survive. Take Coinbase for instance. It has been around since 2012, and so it has survived multiple […]
Solana-based concentrated liquidity protocol Crema Finance announced that it would temporarily suspend its services to investigate an exploit that stole over $6 million from the protocol. It announced this on Twitter early today, adding that it will […]
Wonderland users have overwhelmingly voted to invest $25 million in tokens created by their former Chief Financial Office (CFO), 0xSifu. The vote which closed on Friday showed that 89.27% of respondents were in favor of […]
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as […]
Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehensive legal framework for the Union’s crypto […]
Tether, the firm behind the number one stablecoin, USDT, announced that it would reduce its commercial paper holdings to $3.5 billion by the end of this month. The issuer announced that $5 billion of its current $8.4 […]
Past trend of the Bitcoin actual/realized price ratio may be forming a pattern that could hint at a possible bottom for the crypto at $17k. Bitcoin Actual/Realized Price Ratio Currently Has A Value Of 0.8 […]
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