Crypto.com Wins In-Principle Payment License Approval From Singapore Regulator
Summary: The major exchange is in line to receive Major Payment Institution License from the Monetary Authority of Singapore.Crypto.com could...
Ethereum
Tether Launches Stablecoin Pegged to the British Pound Sterling
Tether has launched a stablecoin pegged to the British Pound Sterling version called GBPT.The stablecoin will launch in July 2022.The...
Crypto Exchange Uniswap Acquires NFT Aggregator Platform Genie
Uniswap DEX has acquired NFT aggregator platform GenieThis marks Uniswap’s second foray into NFTs, after Unisocks. Crypto exchange Uniswap is...
Solana Lending Platform of Solend Initiates New Proposal to Limit Per Account Borrowing to $50M
Summary: The Solend team has initiated a proposal to introduce a per-account borrow limit of $50 million. The limit will...
Solana Based NFT Marketplace of Magic Eden Raises $130M at $1.6B Valuation
Summary: Solana-based NFT marketplace of Magic Eden has raised $130 million in a Series B round at a $1.6 billion...
Bitcoin’s Stock To Flow Model is Really Not Looking Good, Says Ethereum’s Vitalik Buterin
Summary: Ethereum’s Vitalik Buterin has criticized Bitcoin’s stock-to-flow model by PlanB. Vitalik explains that the stock-to-flow model is not looking...
Crypto Lender Blockfi Bags $250 Credit Facility From FTX
Summary: Blockfi announced a massive credit facility secured from crypto exchange FTX.The deal is worth $250 million according to CEO...
Cardano (ADA) Price Down Today As Vasil Hard Fork Pushed To July 2022
Summary: The Vasil Hard Fork will not happen on June 29, 2022, as previously scheduled.Developers need more time to fix...
Cloudflare Outage Briefly Affects Multiple Crypto Exchanges
Cloudflare experienced a brief outage, leading to multiple websites being inaccessible.FTX, Bitfinex, and OKX were all affected by the outage.Some...
Bybit is Reportedly Looking to Reduce its Workforce by 20 – 30% as Crypto Winter Bites
Summary: The Bybit crypto exchange is looking to reduce the organization’s size amidst the ongoing crypto winter. Bybit could reduce...
WeChat Warns China Users Against Using the App to Trade Crypto and NFTs
Summary: WeChat has warned users in China against using the app to trade cryptocurrencies and NFTs. The warning reiterates China’s...
Purpose Bitcoin ETF Puked 24.5k BTC on Friday, Leading to the Weekend Low of $17.6k – Arthur Hayes
Summary: Arthur Hayes has highlighted that the Purpose Bitcoin ETF offloaded 24.5k BTC into the markets on Friday’s close. Bitcoin...
Solend Backpedals on Proposal to Take Over Solana Whale Account, Cites Community Feedback and Improved Crypto Market Conditions
Summary: The Solend team has done a one-eighty-degree turn on an approved proposal to take over a Solana whale account...
Solana Price Soars as SBF and Alameda Step In to Prevent Crypto Collapse
Summary: FTX CEO Sam Bankman-Fried said there’s a responsibility to step in and safeguard the crypto ecosystem amid significantly uncertain...
Celsius Cancels AMA and Twitter Spaces Amid Paused Withdrawals
Summary: The crypto yield service halted withdrawals over a week ago citing turbulent market conditions.All client transactions were affected and...