The Tron (TRX) founder Justin Sun says he is ready to spend big on acquisitions as another week of crypto turmoil begins – and there are also developments from Celsius (CEL) (as usual!), while the exchange CoinFlex could be gearing up to flex its legal muscles on Roger Ver. Here’s all you need to know:……
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The market may be on the up as the week draws to a close, but crypto turmoil shows no signs of abating. There are more goings-on at Three Arrows Capital (3AC), Celsius (CEL) is in the spotlight again – and the Voyager journey continues. Here’s a round-up of the latest happenings in the space…. Read…
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Crypto turmoil continues to deepen, with further maneuvers at Celsius (CEL) and a company recounting details of how it dodged the Three Arrows Captial (3AC) fallout – while the crypto exchange giant FTX appears set to bail out yet more ailing crypto players with a “few billion” dollars worth of reserve funds…. Read More: Crypto…
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Crypto turmoil continues to deepen in the bear market, with more Celsius-related developments, another crypto loans firm introducing restrictions, and more activity from Three Arrows Capital (3AC) – which appears to have moved some of its funds. Celsius, which operates the celsius (CEL) token and the eponymous blockchain network, appears to have begun paying back…
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Another crypto lender has apparently hit the rocks, with reports claiming that the already troubled Celsius Network (CEL) has axed 150 employees. Per the Israeli media outlet Calcalist, Celsius has previously “hired restructuring consultants and lawyers to make organizational changes to the company amid its financial issues.” Some of the staff that have been laid…
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“If any part of their business model incorporates centralization then it is centralized no matter what other decentralized features it deploys.” “It is vital that people understand how the assets they are pledging to a centralized entity are being used.” ‘”If users demand more decentralization within crypto lending they simply have to vote with their…
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July is here, and both June and the first half of 2022 – which admittedly have been pretty miserable for the crypto market – are now finally behind us. As usual, we take a look at how the most popular coins in the market have performed for the past month, quarter, and half-year…. Read More:…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Celsius’ Options, Tether’s Commercial Paper, Blockchain.com vs. Three Arrows + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Troubled crypto lender Celsius (CEL) has managed to improve the health ratio of its on-chain positions since pausing withdrawals, according to blockchain analytics platform Nansen. Meanwhile, they said, the crypto hedge fund Three Arrows Capital (3AC) was the victim of the contagion…. Read More: Celsius’ Positions are Now Healthier, Three Arrows Capital Was a ‘Victim…
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Galaxy Digital CEO Mike Novogratz has said that although he was “worried about the macro environment,” he was hoping bitcoin (BTC) “would stay in the USD 30,000 to USD 50,000 range.” At the same time, he argued that the model his once-favorite crypto Terra (LUNA) was built on was unsustainable. The comments came in…
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