Tag: Cryptoslate
Blockchain
Almost a quarter of US investors used loans to buy crypto
A large number of retail investors in the United States have taken out loans, often at exorbitant interest rates, to buy cryptocurrencies, and more than half of such investors ended up losing money,
Blockchain
Argentinians turn to crypto after economy minister resigns
Argentina’s Economy Minister Martin Guzman announced his resignation on June 3, pushing citizens to seek hedges in crypto and causing the price of Tether to gain 66% against the Argentian peso,
Blockchain
Hackers promote crypto on British Army Twitter and YouTube pages
Hackers breached the Twitter and YouTube pages of the British Army on June 3 and made several tweets promoting non-fungible tokens (NFTs) and cryptocurrencies The post Hackers promote crypto on
Blockchain
Public companies holding Bitcoin face impairment losses amid market crash
MicroStrategy, Tesla, and other public companies holding Bitcoin face significant impairment losses as Bitcoin (BTC) closed the second quarter below $19,000 The post Public companies holding Bitcoin
Blockchain
Coinbase-backed Vauld becomes the latest crypto lender to pause withdrawals
Vauld announced July 4 that it will immediately suspend withdrawals, trading, and deposits on the platform due to volatile market conditions and the impact on key business partners The post
Blockchain
Celsius Network takes affirmative action to stave off bankruptcy
According to the tech website CTech, Celsius Network laid off 150 workers in a bid to stay operational The post Celsius Network takes affirmative action to stave off bankruptcy appeared first on
Blockchain
Wonderland community votes to buy $25M of ex-treasury manager tokens
The Wonderland community has agreed to buy $25 million of Sifu Vision tokens The post Wonderland community votes to buy $25M of ex-treasury manager tokens appeared first on
Blockchain
Solend founder reveals what happened behind the scenes during its whale liquidation event
The founder of Solend, Rooter, revealed to CryptoSlate what happened behind the scenes while the crypto looked on as it voted to take control of a user’s account in order to liquidate its funds
Blockchain
Nexo claims “smear campaign” ignores its attempts to aid insolvent companies
CryptoSlate spoke to Nexo co-founder Antoni Trenchev regarding Nexo’s decision to increase insurance to $775 million, its moves to offer aid to struggling crypto firms, and the recent
Blockchain
Alameda Ventures surrendered 4.5M shares in Voyager a week before it suspended trading
Alameda Research Ventures surrendered 4,500,000 shares to Voyager for cancellation on June 22, just eight days before Voyager announced it would suspend trading, deposits, and withdrawals on its
Blockchain
Deribit is part of creditors that made 3AC liquidation calls
Three Arrows Capital (3AC) liquidation court filings show that Deribit was one of the creditors that pushed for the crypto hedge that made the liquidation move, Financial Times reported on July 1
Blockchain
SBF says FTX could acquire distressed BTC mining companies to prevent contagion fears
FTX CEO Sam Bankman-Fried is reportedly turning his attention to the crypto-mining industries with the possibility of acquiring distressed mining firms, Bloomberg News reported The post SBF says FTX
