Trader takes $4m short position on TrueUSD as issuer halts mints and redemptions
An Ethereum user used Aave's V2 lending platform by depositing 7.5 million USDC as collateral. Following the issuer's decision to...
Month: June 2023
Mainstream media challenge decision to protect FTX customers: Report
Legal representatives of the media outlets have reportedly argued that FTX is not entitled to a “novel and sweeping exception”...
Celsius creditors allege Wintermute facilitated ‘wash trading’: Report
It was alleged that Celsius executives engaged Wintermute to conduct wash trading to “fraudulently" manipulate trading volumes on the Celsius...
ECB official labels crypto as ‘deleterious’ with ‘no societal benefits’ in scathing speech
According to Fabio Panetta, the volatility of crypto and aspects of blockchain technology made digital assets only suitable for gambling....
Crypto Biz: The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange, and other news
The bid for the first Bitcoin (BTC) spot exchange-traded fund (ETF) in the United States is gaining traction following BlackRock’s...
Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue
Wirex cards may stop working in the European Economic Area, but funds held in the account are safe, the company...
Etherscan launches AI-powered Code Reader: Finance Redefined
The top 100 DeFi tokens broke out of a three-week-long bearish momentum amid a marketwide surge led by Bitcoin. Welcome...
Volatility Shares Trust aims for listing of leveraged Bitcoin futures ETF
The debut of shares for the Bitcoin investment vehicle is potentially set for June 27, but the U.S. SEC has...
Bitcoin price data suggests bulls will succeed in holding $30K as support this time
Two key Bitcoin price metrics suggest that bulls will be able to hold the $30,000 level as support. Bitcoin (BTC)...
Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report
The request was denied by U.S. District Judge Lewis Kaplan, who characterized it as a “fishing expedition” lacking justification. Sam...
Sequoia partner says investing in FTX was the right move: Report
Sequoia’s Alfred Lin stood up for the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX. American venture capitalist...
Pepecoin (PEPE) vs. Dogecoin (DOGE): Is a flippening on the horizon?
PEPE quietly pulled off a 100% rally earlier this week, raising questions on whether the frog-themed memecoin will become a...
Price analysis 6/23: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
Bitcoin price looks ready to turn $31,000 to support, and many altcoins are following with double-digit gains. The rush to...
Belgian financial regulator orders Binance to cease all virtual currency services
The regulator said Binance must cease “with immediate effect” all crypto-related services in Belgium after being unable to provide sufficient...
SEC waives BlockFi’s $30M fine until creditors are paid
The U.S. SEC was at the top of BlockFi creditor’s list with a $30-million settlement balance from February 2022. The...
