Barely four days after halting withdrawals, deposits and trading, Voyager has filed for bankruptcy in New York. The crypto broker becomes the latest CeFi firm to fall as a result of the recent crypto crunch and exposure to Three Arrows Capital.
The Bank for International Settlements (BIS), a global central bank governing body, is seemingly getting ready to welcome Bitcoin (BTC) and other cryptocurrencies into the reserve assets fold, by allowing banks to keep up to one percent of their reserves in digital currencies.
In June, the Federal Reserve (Fed) hosted its first-ever conference focused solely on the global role of the US dollar. On Monday, a write-up on the conference was published, which provides interesting insights into the positions held by top researchers, policymakers, and market experts on the “evolving roles of the U.S. dollar.”
Majuro, Marshall Islands, 6th July, 2022, Chainwire Gate.io has announced it will commence another proof-of-reserves audit to provide user verifiable reserves data through a Merkle tree implementation audited by a leading third-party firm, after several high-profile bankruptcies in the space. In 2020, as the first cryptocurrency exchange in the world to commit to providing 100%…
There seems to be a great contraction due to the expected bear market. It increased the insecurity in the cryptocurrency markets. Analysts and expert traders are making statements that it is unnecessary for holders to panic in this period, that the upward trend will start again in the medium term, and that this period creates an opportunity to buy from the dip.
Key takeaways: DEAPCoin has been listed on the Huobi Global cryptocurrency exchange DeapCoin is a token used in PlayMining, a GameFi ecosystem developed by Digital Entertainment Asset Huobi Global is one of the largest cryptocurrency exchanges in the world DEAPCoin (DEP) is now available for trading on Huobi Global The Huobi Global cryptocurrency exchange has…
According to a report from Financial Times, Sequoia Capital China is in the process of raising between $8 billion and $9 billion in new capital, despite the recent cryptocurrency and macroeconomic downturn and foreign investors’ unwillingness to invest in the heavily regulated Chinese market.
Zug, Switzerland, 4th July, 2022, Chainwire While the adoption of cryptocurrencies continues to grow, as evidenced by last year’s bull market, there is still an abundant need to integrate real-world assets onto the blockchain. Bitsliced’s purpose is to fill this gap by bridging blockchain technology with the physical world. Through Bitsliced’s app and set of…
FTX US has expanded on the previous deal made with a major cryptocurrency lending company BlockFi, upping the amount of the revolving credit from $250 million to $400 million. In addition, the new deal stipulates that FTX US can acquire BlockFi for a maximum amount of $240 million.