CoinLoan Decreases Its Withdrawal Limit by 99%
Key Takeaways Crypto lending company CoinLoan has announced it will be decreasing its daily withdrawal limit from $500,000 to $5,000....
Business
Meta signals closure of Novi wallet after a 10-month pilot
Meta’s first foray into the world of cryptocurrencies is set to end in September with the closure of its Novi...
Meta Platforms to Sunset Down Novi Digital Wallet This Fall
The curtain will fall on Meta Platforms’s embattled stablecoin project after a brief run as a tool for money transfers....
FTX CEO Sets His Sights on Acquiring Distressed Mining Companies Next
FTX billionaire Sam Bankman-Fried is eyeing distressed mining companies as potential acquisitions next after extending a credit line to BlockFi....
BlockFi Will Be Acquired by FTX.US for Up to $240M
Share this article BlockFi will also receive a $400 million rolling credit facility from FTX.US. BlockFi Inks Deal With FTX.US BlockFi has...
Tangem Helps You Prosper With Non-extractable Private Keys
Tangem is envisioning revolutionizing crypto security with its seedless crypto storage system. Cryptocurrency is in a growing frenzy. Digital assets...
Pocket Network Advances its Multichain Strategy with Latest Milestone
Pocket Network is an infrastructure middleware protocol that facilitates decentralized multichain blockchain access to developer applications in Web3. These include...
Three Arrows Capital Liquidation Ordered by Court
Teneo Restructuring has been commissioned to manage the liquidation procedure. 3AC has multiple illiquid assets in the form of venture-capital...
How crypto is attracting some institutional investors — Huobi Global sales head
James Hume, head of sales at Huobi Global, said t while some institutional investors have gotten “cold feet” over crypto,...
Goldman Sachs downgrades Coinbase stock to ‘sell’
Shares of Coinbase Global Inc. (COIN) have been downgraded by analysts at Goldman Sachs after plunging cryptocurrency prices affected the...
ASIC-Backed Loans Worth $4B in Jeopardy as Prices Tank
Loans taken out by crypto mining companies against mining ASICs are under pressure as ASICs drop in value, making the...
Austrian Exchange Bitpanda Cuts Third of Workforce
Austrian exchange Bitpanda cuts almost a third of its workforce as it battens down the hatches for an unpredictable crypto...
Solana Mobile Launches an Android Phone for Web3
Solana Mobile has just released an Android phone that lets potentially billions of users get connected on Web3. Solana Mobile...
Iris Energy to Expand Operations to 4.3 EH/S by Q4 2022
The Sydney-based Bitcoin miner Iris Energy, with sites in British Columbia, Canada, is deploying additional capital to improve its contribution...
Shopify Reveals Range of New Crypto Features
Key Takeaways Shopify is now allowing customers and brands to connect through their crypto wallets. Taking advantage of tokenization mechanics,...
Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn
Canadian crypto mining giant Bitfarms has reneged on its hodling strategy and is instead selling 3,000 bitcoins for $62 million...
Celsius crisis and the hated accredited investor laws – Cointelegraph Magazine
Accredited investor laws are the bane of many in the crypto industry, who see them as preventing small investors from...
Record stablecoin market share points to crypto upside: JPMorgan
The rapid surge in share of stablecoins like Tether (USDT) in the cryptocurrency market may point to an upcoming crypto...
Spanish Airline Vueling Becomes BitPay’s Latest Conquest
Vueling, a member of the International Consolidated Airlines Group, signed an agreement with BitPay to allow customers to pay for...
Bank of Israel, Hong Kong Monetary Authority to Test CBDC
The Bank of Israel is collaborating with the Hong Kong Monetary Authority in a trial for a new central bank...
Bear market no issue for Binance Labs’ DeFi incubation program
Binance Labs, the venture capital and incubation arm of the Binance cryptocurrency exchange, continues its business as usual despite the...
Celsius Investigated by Regulators in Four Different States
Key Takeaways Celsius is being investigated by state securities regulators from Texas, Alabama, Kentucky and New Jersey following its decision...
