BlockFi’s Chapter 11 plan progresses with conditional court approval
Once the bankruptcy plan receives approval, the lender said it intends to concentrate on recovering funds from other defunct firms.
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Robinhood turns profitable in Q2, but crypto revenue declines
Robinhood achieved profitability for the first time since becoming a public company in the second quarter of 2023. Its crypto revenue, however, continues to decline.
KuCoin suspends Bitcoin and Litecoin mining pools
"We deeply regret any inconvenience this might cause and we remain grateful for your unwavering support and understanding," the exchange wrote.
ETF analyst raises spot Bitcoin ETF approval chances in the US to 65%
The ETF analyst predicted that recent developments in the Ripple vs SEC case and the upcoming Grayscale lawsuit would be crucial to first spot Bitcoin ETF approval.
Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk
The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem and many lending protocols are rushing to minimize their exposure.
GameStop will stop support for its crypto wallets, citing ‘regulatory uncertainty’
The retail company used to be known primarily for its brick-and-mortar retail stores but has also launched an NFT marketplace and a soon-to-be-canceled line of crypto wallets.
Voyager customers targeted by scammers during 30-day withdrawal period: Report
Phony websites offered customers a premium for claiming through them. In reality, they drained customers’ wallets.
European digital asset manager CoinShares’ revenue up 33% in Q2
Proprietary trading activities contributed heavily to the revenue increase.
Zero transfer scammer steals $20M USDT, gets blacklisted by Tether
Zero transfer scams are becoming prominent in the crypto ecosystem, with over $40 million stolen in 2023.
Crypto market loses $486M in July, most since 2022: Report
According to the report, nearly half of the month’s losses were caused by the Multichain exploit, which resulted in $231 million in losses alone.
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