Celsius Network: Retrieves $2 Billion in Customer Funds
TL;DR Celsius Network plans to recover $2 billion of funds from its clients. They will focus on select clients who withdrew around $100,000 before the platform collapsed. This…
Blockchain
Blockchain coverage focuses on the technical infrastructure behind digital assets. The archive follows protocol upgrades, scalability work, interoperability, validators, data availability, smart contract platforms and infrastructure projects that support decentralized applications and on-chain markets.
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Avalanche Reveals Its Investments Made in 5 ‘Community Coins
TL;DR The Avalanche Foundation has disclosed its investments in community coins as part of its Culture Catalyst program. Community coins are crucial in Web3…
Legal Tensions and Cry for Clarity: The Conflict Between the SEC and Cryptocurrency Industry
TL;DR Judge limits SEC’s supplemental authority in case against Binance. Legal tensions rise between the SEC and crypto entities. Lack of regulatory clarity persists…
Dogecoin Influencer Reveals: Cryptocurrencies on Exchanges Are Not Secured
TL;DR Cryptocurrencies stored on exchanges are not insured, according to Dogecoin influencer. The Terms of Service of several American exchange platforms reveal this lack…
Curve DAO Token (CRV) Experiences an Impressive 57% Increase in 14 Days
TL;DR CRV records a staggering 57% increase in 14 days, surpassing $0.5. Although strong, CRV is still 85.4% below its all-time high. CRV’s rally…
LUNC Rose by 49% in the Last Week. Here are the Reasons
TL;DR The price of Terra Luna Classic (LUNC) has increased an impressive 49% in a week, currently trading at $0.0002004, with an 89% growth…
Deribit DVOL: Reaches Maximum in 16 Months with Increase from 41% to 76%
TL;DR Deribit’s DVOL reaches 16-month high: from 41% to 76% in one month. Volatility drives call overwriting strategies. Options activity reflects rising long-term confidence,…
Terraform Labs in the crosshairs: Sued by the SEC for Diversion of Legal Funds
TL;DR Terraform Labs is facing a lawsuit from the SEC for alleged diversion of legal funds. The dispute centers on the use of $166…
Tether Unveils Official Recovery Tool Amidst Market Cap Milestone
TL;DR Tether, the issuer of the world’s largest stablecoin USDT, has launched an official recovery tool to help users transfer their USDT holdings from unresponsive…
Almost $50 Billion Enter the Crypto Market
TL;DR The crypto market is experiencing a significant increase in capital inflow, with a record figure of approximately $48.54 billion. In the current trading…
Do Kwon, Co-Founder of Terraform Labs, Faces Fraud Trial Before the US SEC
TL;DR Do Kwon, co-founder of Terraform Labs, faces trial for alleged fraud before the US SEC due to the cryptocurrency crash in May 2022.…