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Magic Internet Money token depegs as Terra (LUNA) domino effect persists
Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terr...

MakerDAO’s actions against Aave had these repercussions on the DeFi platform
The crypto market continues to take heavy blows across the bearish market. Due to the current market turmoil, DeFi’s total value locked (TVL...

Huobi Thailand License Revoked, Crypto Exchange To Shut Operations
Crypto exchange platform, Huobi is winding down its operations in Thailand, according to the statement by the platform. This closure is due...

Are investors buying the NFT dip? BAYC has the answer
The current cryptocurrency market remains in a state of chaos. The liquidations are over $200 million on a daily scale again as Bitcoin head...

Crypto Platform Matrixport Hires Big-name Coinbase Exec to Build US Business
Blockworks exclusive: Anthony DeMartino, former head of risk strategies at Coinbase, has joined Matrixport, the company confirmed today Th...

Can Ethereum Classic’s [ETC] breakout trigger a rally or is it a bull trap
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion...

Ethereum: Assessing the odds of ETH descending lower than $1050
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. USDT...

Get Ready for Malaysia Traders Fair & Awards by FINEXPO
Malaysia Traders Fair by FINEXPO is scheduled to commence on September 10, 2022, at InterContinental Kuala Lumpur. FINEXPO is a huge finance...

Voyager Digital Secures Loans From Alameda to Safeguard Its Assets
The loan will have $200 million cash/USDC-backed credit facility and 15,000 BTC.

Binance Suspends Withdrawals and Deposits in Brazil Following New Central Bank P...
The suspension applies to transfers made via the government's payment system Pix.

Ethereum Denominated Open Interest Skyrockets As Price Declines
Ethereum has seen more interest in recent days. Most of it has come from the price decline of the digital asset which has allowed investors...

Flow (FLOW) Reaches New All-Time Low On June 16: Biggest Weekly Losers
Be[In]Crypto takes a look at the five cryptocurrencies that decreased the most last week, including Flow (FLOW). The post Flow (FLOW) Reache...

El Salvador’s Chivo Wallet ‘Completely Unreliable,’ Users Say
Two users who said they previously had no issues transferring funds told Blockworks they are now unable to move their bitcoin holdings from...

How Tron [TRX] is managing to keep its boat afloat amid looming depegging fears
We’re entering the fifth day of the Ton’s DAO crisis. While Justin Sun and his team have been trying to peg back USDD to $1, TRX itsel...

Crypto.com Parts Ways With NFT Head Following Layoffs
Blockworks exclusive: The NFT unit's restructuring follows the exchange laying off about 5% of its workforce, or 260 staffers The post Cryp...

MakerDAO Cuts Off Its AAVE-DAI Direct Deposit Module
MakerDAO is temporarily stopping DAI from being minted and deposited in Aave’s crypto lending platform.

Three Arrows-backed Protocol Says Major Chunk of Treasury Is Unaccounted For
Blockworks exclusive: Many protocols backed by Three Arrows kept their funding round capital, plus portions of their own treasuries, with t...

How Gain Bitcoin Swindled Users Out of Over $12 Billion
An Indian-based company called Gain Bitcoin was accused of running one of the largest scams in the country. Back in March 2022, authorities...

Crashing Prices Expose Bitcoin Mining Industry’s Addiction to Leverage
Trapped between plummeting bitcoin prices, climbing electricity rates and high-interest debt, many bitcoin miners are finding themselves un...

Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD
The cryptocurrency exchange is accused of failing to do due diligence, among other things, after users lost large sums as a...

Crypto Sharks Liquidating Positions for Profit
With cryptocurrency markets in freefall, some traders have been taking on more aggressive strategies to liquidate, at the expense of other t...

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