How This Company Lost 99% Of Its Clients Funds Shorting LUNA
Per a report from Sedaily, the trading arm of Korean startup Uprise has lost of all its clients’ funds. The...
Month: July 2022
Altcoins Take The Lead As Bitcoin Struggles To Hold Above $20,000
Bitcoin has been struggling for the last month and has struggled to hold the $20,000, losing its footing multiple times....
Bitcoin Approaches 2018 Like Drawdown, Why $20,000 Is A Crucial Level
Bitcoin has been moving sideways around its current levels with no clear direction on lower timeframes. The cryptocurrency has experienced...
Ripple Test Its NFT Throughput Rate, Its Functionality Exceeds 750 TPS
Ripple Labs, an American money transfer network and blockchain company, has conducted many tests on its ledger to determine the...
Bullish Continuations Imminent for Ethereum, Binance Coin and Fantom, According to Analyst Michaël van de Poppe
A popular analyst is bullish on the short-term prospects of three altcoins despite the gloomy sentiment surrounding the crypto markets....
Voyager Files for Chapter 11 Bankruptcy After Big Debt Default From Crypto Hedge Fund Three Arrows Capital
Embattled crypto brokerage Voyager Digital is filing for chapter 11 bankruptcy after a prominent borrower defaulted on a sizable loan....
Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action
Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from...
Coming to Texas: Riot Blockchain announces plans to move NY miners to Lone Star State
Crypto mining firm Riot Blockchain said it has begun relocating rigs from its New York data facility, with the majority...
BlockFi confirms it holds 50% of client funds in short-term positions with 10% in collateral
BlockFi appears to be managing damage control as it sent out an email to users Wednesday evening for investors “looking...
Shiba Inu to launch SHI stablecoin, TREAT reward token in 2022
Shiba Inu (SHIB) lead developer Shytoshi Kusama has released a new update for the meme coin community on the plans...
FTX willing to use $2B in cash to bail out crypto industry, stop contagion
FTX has “enough cash on hand to do a $2 billion deal if necessary” to help support the crypto industry...
Crypto mining profitability varies wildly based on location
Cryptocurrency miners are considered one of the main drivers of the crypto industry but the latest market downturn has put...
Fresh allegations against Celsius renew calls for EU crypto compensation fund
A petition to the European Parliament for the creation of a crypto compensation fund is gathering steam following recent scandals,...
Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia
Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of...
Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’
Following the over-the-counter (OTC) firm’s Twitter thread on June 14, Cumberland explained on July 5 that “rangebound price action belies...