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Grayscale Bitcoin Negative Premium Charts All-Time Low

The dramatic collapse in UST brought tremendous selling pressure, catching many off-guard. But the subsequent negative macroeconomic conditions have adversely affected the cryptocurrency market as a whole, with institutional demand…

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Immutable Raises $500 Million to Support Web 3 Gaming and NFT Projects

The Australian NFT scaling platform – Immutable – introduced an inaugural $500 million developer and venture investment fund. The financing will be distributed to companies developing the Web3 ecosystem and…

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Celsius Drama, 3AC Insolvency Rumors, Bitcoin Amid $20K: This Week’s Crypto Recap

The market has taken a beating over the past seven days, and it’s not looking very good at the time of this writing. Bad news came from various fronts, which…

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Crypto Saving App Pauses Reward Distributions and Changes Withdrawal Limits Amid 3AC Fiasco

Finblox, a high-yield crypto savings platform, has announced that it has halted its user reward system and altered withdrawal limits. The platform cited the prevailing “highly volatile market” as the…

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Vitalik Buterin Does Not Believe Crypto Could Replace Traditional Currencies

Ethereum’s Co-Founder Vitalik Buterin thinks digital assets do not have a chance to steal the supremacy of traditional currencies. Crypto Will Not ‘Take Over the World’ The global economy has…

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