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Tether Liquidated an Overcollateralized Bitcoin Loan From Celsius Without Risk

Tether, the company behind USDT, the largest stablecoin by market capitalization, revealed that it liquidated Celsius’s position without risk to its reserves. In a press release on Friday (July 8,…

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UK Jeweler Sues Insurer Over Failure to Cover $7.5M Bitcoin Ransomware Losses

British multinational jeweler Graff Diamonds Corp. has filed a lawsuit against its insurer, The Travelers Companies, Inc. (Travelers), for failing to provide indemnity after it paid $7.5 million in Bitcoin…

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The Failure of Terra, Celsius, 3AC Highlights the Importance of Self-Custody: DappRadar

DappRadar published the latest edition of its quarterly report, focusing on how the fall of Terra, Celsius, and 3AC have changed the blockchain landscape as the liquidity crisis deepened, impacting…

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