Tag: Cryptoslate
Blockchain
Three Arrows Capital insolvency rumors draw questions over soundness of DeFi
Rumors that Singapore-based crypto hedge fund managers Three Arrows Capital (3AC) may be insolvent are doing the rounds on social media The post Three Arrows Capital insolvency rumors draw questions
Blockchain
3AC wallet drops below liquidation level risking over $200 million in ETH
A wallet rumored to belong to investment firm 3AC has just dropped below the threshold for liquidation The post 3AC wallet drops below liquidation level risking over $200 million in ETH appeared
Blockchain
CipherTrace report shows a decline in illicit activity in the crypto ecosystem
Amid the extreme market conditions, a June 13 report by CipherTrace details positive developments in the crypto ecosystem, suggesting a decline in crypto-related crimes The post CipherTrace report
Blockchain
Binance partners with Spylt to offer users ride-hailing services on its platform
Binance users will now be able to access ride-hailing services through the platform The post Binance partners with Spylt to offer users ride-hailing services on its platform appeared first on
Blockchain
Mike Novogratz equates crypto crash to Long Term Capital Management crisis
Michael Novogratz, a crypto investor, and CEO of Galaxy Digital, told CNBC that the cryptocurrency market is undergoing the same turmoil triggered by Long Term Capital Management in 1998 The post
Blockchain
SEC writes crypto exchanges over insider trading
A tweet from Eleanor Terrett, a business journalist at Fox, has said that the United States Securities and Exchange Commission (SEC) has written several crypto exchanges about “insider trading
Blockchain
The case for Bitcoin as a part of retirement savings
Last week, United States Treasury Secretary Yellen spoke out against the dangers of cryptocurrencies as a retirement savings vehicle, calling it a “very risky move” Yellen isn’t
Blockchain
BitMex Founder Arthur Hayes highlights danger of further decline in Bitcoin, Ethereum prices
BitMex co-founder Arthur Hayes said that a further dip in Bitcoin (BTC) and Ethereum (ETH) prices below their current threshold could be disastrous for the market The post BitMex Founder Arthur
Blockchain
BlockFi fined $943,000 for not registering securities in Iowa; to pay $100M in settlement
Cryptocurrency trading and lending platform BlockFi has been fined $943,000 by the Iowa Insurance Division for failing to register securities in the state and offering and selling securities in Iowa
Blockchain
Celsius CEL price spikes 500% in 30 minutes before crashing down 75%
The native token of the Celsius (CEL) exchange just jumped over 500% from $033 to $256 in a matter of minutes The post Celsius CEL price spikes 500% in 30 minutes before crashing down 75% appeared
Blockchain
Ripple CEO offers advice for “days like today” amid crypto crash
Ripple CEO Brad Garlinghouse took to Twitter, offering his commentary on the crypto crash of the last 48-hours The post Ripple CEO offers advice for “days like today” amid crypto crash
Blockchain
Coinbase to layoff 1,100 employees after petition against executives
Coinbase CEO Brian Armstrong on June 13 announced the decision to cut the company’s workforce by 18%, which according to The Wall Street Journal, translates to around 1,100 employees The post
