Poor record keeping is making the unwinding of the collapse FTX exchange difficult. The new FTX management is trying to trace millions of dollars from
Month: December 2022
Celsius to return customer funds as January auction attracts 30 bidders
Celsius Network is set to hold auctions for its assets in January 2023. 30 potential bidders have already signed non-disclosure agreements. The crypto lender has
Paxful removes Ethereum (ETH) from its platform
Paxful CEO has called Ether a form of fiat. He also cited the Ethereum network’s switch to proof-of-stake validation from proof-of-work. As a result, the
XRP holders’ with 1M to 10M coins accumulate to record highs
XRP whales and sharks bought more coins in December to bring total addresses and percentage of supply to new highs. Large holders appear strongly bullish
MyConstant ordered to cease crypto-lending services in Califonia
California Department of Financial Protection and Innovation (DFPI) has ordered MyConstant to cease offering some products. The DFPI had warned in July that it would
Bitcoin interest surged in 2022 despite ‘crypto winter’: report
Bitcoin sits 8th on Yahoo Finance’s list of top quotes as measured by total page views in 2022. According to the platform, BTC/USD has accumulated
Polygon founder launches Web3 accelerator Beacon
Polygon co-founder Sandeep Nailwal has helped launch a Web3-specific accelerator run by top Web3 veterans. Beacon Accelerator started in October with a cohort of 15
Waves planning to launch new stablecoin amid USDN crisis
Waves-backed stablecoin Neutrino USD (USDN) lost its dollar peg and is currently trading at $0.5411. The new stablecoin will be undepeggable. A USDN situation resolution
Lost 100 BTC from scam exchange QuadrigaCX suddenly move
Key Takeaways QuadrigaCX filed for bankruptcy in 2019 after its CEO Gerald Cotten died in mysterious and sudden circumstances Cotten was claimed to be the
Gleec BTC Exchange acquires Brazilian exchange Blocktane
Brazil recently passed a bill to officially legalize cryptocurrency payments in the country. Gleec BTC Exchange is taking advantage of the situation in Brazil by