The crypto lending industry has been hit with a major blow as Nexo, one of the leading crypto lending platforms, has seen withdrawals worth over $158 million in the last 24 hours following a raid […]
Investigations show that Hodlnaut lost about $190 million in the Terra LUNA crash. The lender had proposed a restructuring plan to allow creditors to have a view of the company’s operations. The creditors however want […]
Crypto payments company Wyre announced it has received financing from a strategic partner that will allow it to remove the withdrawal cap imposed last week. The company told customers they could only withdraw a maximum […]
The US SEC is accusing Gemini and Genesis of selling unregistered securities. Genesis and Gemini did not register their partnership as a lending partnership. Genesis has been having liquidity issues after FTX’s collapse and has […]
TASCOMBANK, a major Ukrainian commercial bank, is mulling over the use of blockchain technology following the completion of a pilot. The bank used the Stellar network in the pilot and noted several advantages. One of […]
Crypro.com CEO cited poor market conditions and recent events in the industry as reasons for layoffs. The layoffs come just days after Coinbase announced similar layoffs. The Cronos (CRO) token price has responded positively to […]
Crypto prices are not the only things gaining this week. Bitcoin mining stocks are also on a roll on the back of renewed market momentum. Share prices in some of the major publically listed Bitcoin […]
The United States Securities and Exchange Commission has charged Gemini for the unregistered offering and sale of securities. The charge has to do with the Gemini Earn program. The crypto market is experiencing another major […]
Bitcoin has been on a roll this week with multiple green candles printed. It could be the end of the bear market, according to some leading industry analysts. Bitcoin prices have gained 13.6% since the […]
The Ethereum network is set for a major upgrade in March. Dubbed Shanghai, the upgrade will finally release ETH staked on the Beacon Chain, but it isn’t as simple as that. When the Ethereum network […]
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