The majority of crypto users have already heard about the recent Harmony hack through the Horizon Bridge that resulted in a loss of $100M. But did you know that 78M $AAG tokens were retrieved from […]
Key Takeaways BlockFi CEO Zac Prince “100%” denies that the company is being sold for $25 million to FTX. A sale at this price would mark a 99.5% discount for the company, which was valued […]
Teneo Restructuring has been commissioned to manage the liquidation procedure. 3AC has multiple illiquid assets in the form of venture-capital investments in crypto startups and companies. Teneo will attempt to quantify the assets and establish […]
Nomiswap provides a decentralized exchange platform with the lowest fees and a binary referral system. Decentralized exchanges have been rising in demand. With the ability to trade and swap to your favorite crypto, DEX’s are […]
BlockFi CEO, Zac Prince, announced Friday that the crypto lender would increase deposit rates and rescind a policy permitting one free withdrawal per month. This announcement comes after BlockFi had provisionally secured a $250 million […]
Key Takeaways Three Arrows Capital was issued a notice of default by Voyager today. The hedge fund failed to repay its 15,250 BTC and $350 million loan to the crypto exchange; Voyager will now be […]
Austrian exchange Bitpanda cuts almost a third of its workforce as it battens down the hatches for an unpredictable crypto winter. The company, which boasts investments from Alan Howard and Peter Thiel’s Valar Ventures, said […]
Loans taken out by crypto mining companies against mining ASICs are under pressure as ASICs drop in value, making the loans challenging to repay and posing significant risks to lenders. While no ASIC-based borrowers have […]
MetaFight is an exciting new entertainment company bringing a mixed martial arts (MMA) trading card game to the metaverse. Players of MetaFight become Managers of their own MMA gym. Using NFTs featuring MMA’s most exciting […]
Key Takeaways BlockFi is increasing its interest rates on BTC, ETH, and stablecoins. The company claims the rise in rates is made possible by its effective risk management strategies, decreasing market competition and changing macroeconomic […]
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