SBF: Big Players Like FTX Should Step in and Help Crypto Recover
The Founder and CEO of the crypto exchange FTX – Sam Bankman-Fried – thinks large companies like his should use their expertise and “stem contagion” in the digital asset market.…
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Celsius Network Pauses AMAs and Twitter Spaces, Wants More Time to Find a Solution
A week after halting withdrawals, among all other services, the team behind Celsius has suspended some of its online engagement programs, including AMAs. At the same time, the project promised…
After Embracing Crypto Payments, Tag Heuer Now Focuses on NFTs
The Swiss luxury watchmaker – Tag Heuer – said it will help its clients “stay in tune” with the rapidly changing world. As such, the company introduced a smartwatch feature…
Elon Musk: I Will Keep Supporting Dogecoin Despite The $258 Billion Lawsuit
Elon Musk, the world’s richest man and self-proclaimed Doge Father, has declared his unwavering support for the leading meme cryptocurrency, Dogecoin. Elon Musk to Keep Supporting Dogecoin The Tesla CEO…
41-Year-Old Man Who Sold Drugs for Crypto Gets Nine Years in Jail
A West Yorkshire resident, Simon Barclay, has been convicted of drug trafficking worth millions of pounds on the dark web with cryptocurrency proceeds. Man Pleads Guilty to Drug Deals Involving…
Digital Colletible Platforms in China Grow Exponentially Amid Government Warnings
Despite being known for its anti-crypto stance, China has not banned NFTs yet. Meanwhile, a noticeable interest in “digital collectibles” have recently surged in the country amid the government warning…
Fed Views Stablecoins as a Financial Instablity, Urges Regulators to Step in
The Federal Reserve published the latest “Monetary Policy Report” on Friday, categorizing the stablecoin industry – particularly the algorithmic stablecoins – as a risk of financial instability. Meanwhile, it expressed…
Do Kwon and Terraform Labs Sued for Misleading Investors
In a lawsuit filled with promises from Do Kwon, the Luna Foundation Guard, and other Terra-related entities, an Illinois-based plaintiff has alleged that all parties involved misled investors about whether…
Stablecoin Giant Tether (USDT) Struggles to Maintain Dominance
Investors are fleeing from Tether (USDT), says on-chain data. The stablecoin giant, as a result, has lost significant market share amid a slew of market corrections. Tether’s Losing Market Share…
Over $600 Million in Liquidations as Bitcoin Dumped to $17.5K
It’s safe to say that the crypto industry has seen better days. Aside from projects and hedge fund failures looming in, the prices have tumbled, and the past 24 hours…
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