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Celsius reportedly seeks advice from lawyers on restructuring
Celsius reportedly onboarded attorneys to find different solutions to the current financial challenges that the company is...

Celsius Lawyers Up Following Account Freeze, Liquidity Crunch
Celsius decision to hire a top US law firm follows the crypto lender's freezing of user accounts amid a liquidity crisis The post Celsius L...

Monero: Assessing the odds of XMR bouncing back
Monero [XMR] has been on free fall since the start of June as what started out as a minor retracement turned into a fully-fledged crash. XMR...

Meta To Run Metaverse Experiences in Hong Kong Cafe, Schools, and Art Institutio...
Meta will run virtual reality (VR) and augmented reality (AR) experiences in Hong Kong to showcase how the metaverse can be used in daily li...

Coinbase NFT marketplace: How to buy NFTs on Coinbase?
Connect your crypto wallet to the Coinbase marketplace, and have ETH in your wallet to bid, buy and sell NFTs on Coinbase....

MicroStrategy CEO Says They Expected Crypto Carnage And Will ‘HODL Through Adver...
Even while MicroStrategy’s CEO remains optimistic despite the crypto market’s current dire condition, these times have proven to...

Celsius Troubles, UST Collapse Could Have Long-Term Benefits for Crypto, FSInsig...
The crypto lender was notorious for promoting risk-free yields on client assets, the report said.

Bitcoin is the 'Amazon of crypto' and everything else are bets, says Blocktower...
Paul highlighted that Bitcoin has “far better odds” than other cryptocurrencies because it doesn’t have a competitor as a p...

Crypto Fund Three Arrows Capital Facing Potential Insolvency: Report
After liquidations worth $400 million, Three Arrows Capital is reportedly working on an arrangement with lenders and other parties The post...

20% Of BlockFi Employees Lose Jobs Due To Crypto Market Crash
It appears that the current state of the digital market is hitting hard on the economy of certain crypto exchanges. The BlockFi cryptocurren...

Kevin O'Leary Says ‘Panic Event’ Is Needed Before Crypto Bottoms
Kevin O’Leary spoke to CoinDesk ahead of the move to the Toronto Stock Exchange of WonderFi, the crypto marketplace in which he’s a strategi...

Bitcoin Drops Toward $20K Amid Contagion Risks in Crypto Markets
The cryptocurrency is nearing price levels not seen since 2020 as prominent crypto firms face possible insolvencies.

Tether aims to decrease commercial paper backing of USDT to zero
Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely...

Bitcoin miners' exchange flow reaches 7-month high as BTC price tanks below $21K
Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020....

Seized crypto safe with US Marshals Service? Not so much, new audit reveals
OIG’s audit disclosed the lack of documented policies and practices related to the management of seized crypto assets — esp...

Would 3AC be the latest domino to fall after UST and Celsius
Online chatter has recently increased multi-fold around Three Arrows Capital post speculations related to insolvency. There are swirling rum...

Bitcoin (BTC) Falls to 200-Week MA for Fifth Time in History
Bitcoin (BTC) has dropped to a crucial long-term moving average (MA), below which it has never reached a weekly close. The post Bitcoin (BTC...

Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows...
Stablecoin issuer Tether has denied that its commercial paper portfolio is 85% backed by Chinese or Asian commercial papers.

Asset Manager AllianceBernstein to Add Blockchain Technology in Deal With Allfun...
New York asset manager AllianceBernstein is working with Allfunds Blockchain to adapt its offerings to blockchain technology.

Three Arrows Faces Possible Insolvency After Unforeseen Liquidations
The investment firm has been one of the most-vocal crypto market participants in the past few years.

South Korea Prepares New Crypto Laws After Terra Fiasco
Following the recent shockwaves of the (LUNA) crash which had shaken the spirit of many crypto enthusiasts, South Korea’s ruling party...

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