Looks bare: OpenSea turns into NFT ghost-town after volume plunges 99% in 90 days
An ongoing debt crisis at lending platform BendDAO is also increasing the risks of the NFT bubble going bust.
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Hacker tries to exploit bridge protocol, fails miserably: Finance Redefined
Majority of the DeFi tokens in the top-100 had a mixed week as several tokens traded in red while a few others managed to make double-digit gains.
Celsius bankruptcy proceedings show complexities amid declining hope of recovery
Celsius Network’s bankruptcy proceedings have highlighted that the firm has misrepresented many of its assets with deep complexities in its operations.
Amendments to US commercial code differentiate crypto and ‘electronic money’
The updated guidelines seek to clarify the terms of crypto assets lending and specify the status of CBDCs.
Celsius countersues KeyFi, claims deceit and incompetence led to tens of millions in losses
Crypto lender Celsius has gone on the offensive against former staking and DeFi strategy associate KeyFi and its CEO, which had sued it a week before it went bankrupt.
Celsius calls out Prime Trust in court, alleging firm didn’t turn over $17M in crypto
"Prime Trust was obligated under the Bankruptcy Code to deliver all property belonging to Celsius [...] including these remaining crypto assets," said Celsius' legal team.
3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think
There are signs of further turbulence ahead. The absence of a BTC futures premium, $470 million in liquidations and excessive stablecoin lending all point toward new yearly lows.
Celsius Network coin report shows a balance gap of $2.85 billion: Finance Redefined
Majority of the DeFi tokens traded in red with several registering double digit losses over the past week.
Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation
Singaporean law offers temporary protection against any legal proceedings and claims, which the company believes would provide a breathing space to focus on its recovery plan.
Celsius Network coin report shows a balance gap of $2.85 billion
The latest findings could brew more trouble for the crypto lender for allegedly misleading and offering incorrect details in the court documents.
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