Bitmex’s Hayes Hopes BTC and ETH Won’t Get Cheaper, Shares Insights into Sh*tcoins such as CRV, CAKE, UNI, SUSHI, ENS, dYdX, LOOKS
Summary: Arthur Hayes has penned a new blog post in which he hopes Bitcoin and Ethereum will not drop any...
Ethereum
Crypto Lending Giant Babel Finance Halts Redemptions And Withdrawals
Summary: The firm cited unusual liquidity pressure as the main reason.Babel has now halted withdrawals and redemption till further notice.FatManTerra...
DeFi Difficult to Regulate Because of Its Anonymity: Indian Central Bank
India’s central bank governor Shaktikanta Das said that DeFi is difficult to regulate because of its anonymity.Das made the remarks...
Bitmex, Deribit, and FTX Liquidated Three Arrows Capital (3AC) Leveraged Positions
Summary: The crypto hedge fund owes BitMEX exchange around $6 million.Sources claim that the positions on Deribit and FTX were...
Elon Musk Sued By An Investor For Promoting Dogecoin
Elon Musk is being sued by an American doge investor for running a pyramid Ponzi schemeThe investor Keith Johnson is...
Deribit Confirms 3 Arrows Capital as a Shareholder, States the Exchange’s Accounts are in Debt, but Still Financially Healthy
Summary: The team at Deribit has confirmed that Three Arrows Capital is a shareholder at the exchange. Deribit also hinted...
We Want to Make Britain a Crypto Hub but With Investor Protections, Says UK’s Digital Minister
Summary: The UK is looking to transform Britain into a crypto hub. However, the UK’s digital minister has issued caution...
Brad Garlinghouse: Ripple is Hiring for Hundreds of Roles, But we Have a ‘No A**holes’ Policy
Summary: Ripple CEO, Brad Garlinghouse, has announced that the company is currently hiring despite the ongoing crypto winter. Mr. Garlinghouse...
OKX Plans to Increase its Workforce by 30% to 5k Employees in 12 Months, With a Focus on Gender Balance
Summary: OKX crypto exchange has updated its plans to weather the ongoing crypto winter. The team at OKX has stated...
Huobi Closes Thailand Branch After SEC Rescinds Crypto License
Summary: The regulator said Huobi failed to comply with personnel and system policies.Thailand’s SEC officially revoked the crypto license in...
USDC Issuer Circle Announces Fully-Backed Stablecoin – EuroCoin
Summary: The token leverages a similar infrastructure with crypto second largest stablecoin USDC.EuroCoin is fully backed by Euro-denominated reserves and...
Celsius Liquidity Woes Make MakerDAO Disable a Direct Deposit Module
The MakerDAO community has voted to disable the Aave DAI Direct Deposit Module (D3M).Analysts are pointing to the fact that...
Ethereum Scaling Solution Optimism Partners With Ankr To Deliver Fast RPC Services.
Web3 infrastructure provider Ankr has joined forces with Optimism protocol to deliver fast RPC servicesAnkr’s partnership with Optimism will help...
Bitcoin Maintains its $20k Support Amidst Anxiety Over the US Fed’s 75 Basis Point Hike
Summary: The US Fed has announced a 75 basis point hike in interest rates. However, such a rate hike was...
MicroStrategy CEO: No One Has Ever Lost Money Investing in Bitcoin for Four Years
Key takeaways: Michael Saylor has pointed out that anyone who has held onto Bitcoin for four years has never lost...