Court orders liquidation of Three Arrow Capital
A British Virgin Islands Court has ordered the liquidation of Three Arrows Capital (3AC), plunging the crypto hedge fund into a deeper crisis, Sky News reported....
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OpenSea says the company has suffered a data breach
In January a hacker exploited a bug in OpenSea to steal up to 332 ETH. In May several OpenSea discord savers were hacked. And now An...
No flexing for Bitcoin Cash users as BCH loses 98 against Bitcoin
Bitcoin (BTC) has hit new record highs this week — not in U.S. dollar terms, but against its longtime competitor, Bitcoin Cash (BCH). Data from Cointelegraph...
Solana’s Biggest DeFi Lender Almost Got Rekt
That eerie prospect threatened to become a nightmarish reality last week for Solend, Solana’s second-biggest decentralized finance (DeFi) outpost. Its single-largest user – a wallet with...
Ripple set up office in Canada
The company announced the opening of its first office in Toronto. This engineering center will support the firm’s growth in the North American region.It intends to...
Huobi to Reportedly Lay Off at Least 30 of Staff Citing Sharp Revenue Drop
The current cryptocurrency downturn is taking its toll and yet another exchange appears to be facing serious challenges. Huobi – a platform that used to be...
CoinFLEX Launches 47 Million Token Recovery Plan to Resume Withdrawals
Last week, cryptocurrency derivatives exchange CoinFLEX joined a growing list of digital asset platforms to halt withdrawals due to market uncertainty and issues with its counterparty....
Australian Crypto Firm Banxa to Cut Staff by 30 Citing Another Crypto Winter’
“Banxa must take decisive actions to reduce costs now, or else our company won’t be able to succeed over the long run,” wrote Holger Arians, Banxa’s...
Cryptoys Raises 23 Million to Mix NFTs, Gaming, and Virtual Toys
Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company, which seeks to mix NFTs...
Bitcoin Sitting on Exchanges Drops to 3Year Low
With bitcoin losing nearly half its value at one point a week ago and marking an 18-month low, the asset’s situation seemed gloomy at best. However,...
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