BAYC Creators Could Face a Class Actions Lawsuit
Yuga Labs – the American company that created the popular NFT collection Bored Ape Yacht Club (BAYC) – faces a possible class action lawsuit. A group of individual investors claimed…
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KuCoin CEO Sees India Emerging as Key Market, Denies Being in Stress
While many top-tier crypto exchanges have given up on India given the regulatory uncertainty and bear market, KuCoin CEO Johnny Lyu is bullish on the local market for the long…
Thai SEC is Gathering Data on Losses Incurred by Zipmex Users
Thailand’s Securities and Exchange Commission (SEC) is concerned that some Zipmex users may have lost funds after the exchange briefly halted withdrawals and other services last week due to extreme…
Aptos Announces $150 Million Funding Round Led by FTX Ventures
Web 3 startup Aptos has secured $150 million in funding led by FTX Ventures and Jump Crypto. The company will deploy its new capital towards elevating the “usability and socialization”…
Tesla Hit With $170 Million Impairment Charge on Bitcoin Holdings
Elon Musk’s car manufacturer Tesla recorded a $170 million impairment charge for Bitcoin on its balance sheet during the first half of 2022. It also netted $64 million in gains…
Bitfinex, Tether Jointly Launched Video-Calling App Called Keet
Cryptocurrency exchange Bitfinex and stablecoin issuer Tether have collaborated with Hypercore and have collectively created a new platform called Holepunch and launched a fully encrypted peer-to-peer (P2P) video calling application…
Sam Bankman-Fried Comments on Voyager Declining FTX’s Bailout Offer
FTX chief Sam Bankman-Fried has lashed out at the troubled crypto lender after its lawyers rejected the buyout offer. He said Voyager still has 75% of its assets and questioned…
Distressed Crypto Exchange Zipmex in Talks With ‘Interested Parties’ Regarding a Possible Deal
The Thailand-based cryptocurrency trading venue – Zipmex – might solve its issues with the help of a future partner. The exchange, which halted withdrawals last week, has discussed its situation…
MicroStrategy Selling Rumors Are FUD: CryptoQuant CEO
After an exuberant risk-on rise in Bitcoin’s price Tuesday, a retracement since Wednesday wiped out most of the gains. Traders blame Tesla’s Q2 earnings report. Bitcoin prices hovered around the…
Cyprus SEC Greenlights CryptoCom to Offer Crypto Services
Leading crypto exchange, CryptoCom, has announced receiving regulatory approval from the Cyprus Securities and Exchange Commission (CySEC) to further its European expansion. Europe: a Priority Region for CryptoCom According to…
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