Bookmarking Crypto Insights
According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021. Go to Source Powered by WPeMatico
Last week the Russian ruble hit a seven-year high against the U.S. dollar and while analysts have downplayed the rise, one economist said people should not “ignore the exchange rate.” American economists have been perplexed about the ruble’s market performance and Russian officials have been quoted as saying that a strong ruble “makes Russian exports … Read more
DeFi systems have undergone numerous attempts to be made more effective as they become more prevalent. The hazards involved with DeFi transactions are intended to be addressed by DeFi 2.0, including the erratic nature of cryptocurrencies, security issues with smart contracts, and a lack of loan repayment responsibility. On DeFi platforms, a value worth $92.3 … Read more
Traders expect Bitcoin to swoop below its swing low before the price flattens out and altcoins begin to recover. Go to Source Powered by WPeMatico
Peng Zhong stepped down as CEO roughly a month after former company head Jae Kwon said he would be leading NewTendermint, part of Ignite’s split to two firms in May. Go to Source Powered by WPeMatico
On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading regulators. Furthermore, reports claim that liquidators in Singapore are attempting to seize the properties owned by 3AC … Read more
Binance, Ripple, and Kraken are hiring, while Coinbase, Gemini, and Crypto.com have announced staff cuts. Go to Source Powered by WPeMatico
The addresses mainly run by active human traders have notched more than 147,000 addresses for the first time since November. Go to Source Powered by WPeMatico
PRESS RELEASE. Broxus, the core development team behind many of the platforms that make up the Everscale network ecosystem, will be hosting its first-ever hackathon in Belgrade, Serbia from July 14-17. The hackathon is the latest development in what has been a remarkable 2022 for the Everscale network. Everscale started off the year with its … Read more
Cointelegraph sat down with Chess Grandmaster Garry Kasparov at Consensus 2022 to get his thoughts on the crypto and NFT market. Go to Source Powered by WPeMatico
