WeChat Will Block Crypto-Related Services and Content
WeChat, the most popular social media platform in China, has recently amended its policy to prohibit the creation of accounts that provide access to services...
Future BSP Governor Says Cryptocurrencies Are Based On “The Greater Fool Theory”
The economist Felipe M. Medalla, who is in line to become the next governor of the central bank of the Philippines, has said that he...
FTX CEO blames Fed Reserve for the Bear Market
The slump in the crypto market is being pushed by the aggressive rate hikes implemented by the US Federal Reserve to combat growing inflation, according...
Elon Musk Talks Dogecoin Again, But He Barely Moves Token Price
Amidst his $258 billion Dogecoin pyramid scheme lawsuit scandal, the world’s richest man, Elon Musk, tweeted that he will keep supporting DOGE. Someone commented: “Keep...
Three Arrows Fails to Fulfill Margin Requirements from Lenders
Three Arrows Capital (3AC), a Singapore-based crypto hedge fund, has allegedly failed to fulfill margin calls from its lenders, increasing the specter of bankruptcy after...
The Crypto Market Stabilizes, Have We Hit the Floor?
Even in the middle of the global market fall this week after crypto lender Celsius blocked customer withdrawals and many other occurrences, bitcoin rebounded on...
Delo, BitMEX Co-Founder Sentenced To 30 months Probation, Avoids Jail Time
Benjamin Delo, a co-founder of BitMEX, was sentenced to 30 months of probation for breaking US anti-money laundering laws by operating the offshore cryptocurrency derivatives...
After What Happened With Terra, Celsius Lockdowns Put The Market On Red Alert
A few weeks just after the abrupt demise of the Terra stablecoin that sent the crypto market into a huge downturn, another crisis is causing...
The Crypto Market Is Dyed Red, Is It Time to Buy or Sell?
Today, the crypto market hit a new low for the year. Market capitalization has dropped from $1.10 trillion to $1.02 trillion since yesterday’s close. Nearly...
Do Kwon Discusses the State of Terra 2.0 and Next Steps
Do Kwon addressed a number of Terra 2.0 concerns in a series of tweets released on June 9th. It all starts with a pledge to...