Blockchain
Celsius officially declares bankruptcy after paying down DeFi loans
CNBC reported Wednesday night that Celsius has informed: “state regulators that it’s filing for bankruptcy ‘imminently” The company will move toward chapter 11 bankruptcy as
Blockchain
Ryder Ripps hires lawyers ahead of legal showdown with Bored Ape’s Yuga Labs
Bored Ape critic Ryder Ripps and the founder of NFT marketplace Not Larva Labs, Jeremy Cahen, have secured the services of a defense counsel for their upcoming legal tussle with Yuga Labs The post
Blockchain
Ethereum Merge will not reduce gas fees, DeFi researcher says
DeFi trader Vivek Raman, in a Twitter thread, has argued that Ethereum’s (ETH) anticipated Merge would not bring down the network fees as expected by many The post Ethereum Merge will not
Blockchain
JPMorgan loses 3 executives to crypto industry jobs
Three executives of JPMorgan, Eric Wragge, Samir Shah, and Puja Samuel, left the financial giant last week for jobs in the crypto industry The post JPMorgan loses 3 executives to crypto industry
Blockchain
Celsius unlocks another $195 million in collateral after paying off debt to Compound
Cryptocurrency lender Celsius Network, which had to halt withdrawals on June 13 due to liquidity issues, has fully paid off its debt of over $50 million worth of DAI to decentralized finance (DeFi)
Blockchain
Ocean Protocol: Building a data economy that’s good for society
Data monetization has been a hot topic in the tech industry for the past decade The post Ocean Protocol: Building a data economy that’s good for society appeared first on
Blockchain
Vermont joins multistate investigation into Celsius
Vermont has opened investigations into Celsius Network while warning residents to be wary of investing in more CEL tokens The post Vermont joins multistate investigation into Celsius appeared first
Blockchain
Bitcoin dips under $20K as US inflation rises over 9%
Bitcoin’s (BTC) price has crashed under $20,000 following news that inflation in the United States has hit its highest point in 40 years The post Bitcoin dips under $20K as US inflation rises
Blockchain
Charlie Munger calls crypto holders ‘insane’ for investing in nothing
Warren Buffett’s business partner Charlie Munger called crypto investors “insane” for investing in nothing and said he avoids the crypto industry like an “open sewer”
Blockchain
Video of Mario Draghi knocking Bitcoin ages like milk as euro sinks to parity with dollar
A recently posted video by @CarlBMenger shows former European Central Bank President and current Italian Prime Minister, Mario Draghi, slating Bitcoin The post Video of Mario Draghi knocking Bitcoin
Blockchain
Kazakhstan imposes new tax rules on crypto miners
The President of Kazakhstan signed a bill to apply a differentiated tax rate based on the energy consumption of crypto miners on July 11 The post Kazakhstan imposes new tax rules on crypto miners
Blockchain
Sri Lankan officials maintain crypto snub despite economic collapse
The Central Bank of Sri Lanka (CBSL) reiterated its anti-crypto stance in a new notice dated July 12Â It confirmed that no entities are authorized to carry out digital asset activities, warning that