Is the Future of 3AC Three Arrows Capital at Risk?
Rumours are circulating on social media that Three Arrows Capital (3AC), a Singapore-based crypto hedge fund manager, may be insolvent.
Cryptocurrencies
Celsius, a Cryptocurrency Lending service, has Halted Withdrawals due to “Extreme Market Conditions”
The Celsius Network, decentralised finance (DeFi) network and one of the largest crypto lenders, informed its 1.7 million customers on Monday morning that it…
The Court Denies the SEC Motion in the Ripple Case
Following Tuesday’s court-mandated SEC-Ripple conference that put the SEC in the spotlight, Judge Analisa Torres has granted a motion to seal and ordered the…
Mastercard has Partnered With NFT Marketplaces to Facilitate Non-Crypto NFT Purchases
Mastercard, the leading payment giant is partnering up with several NFT markets to accept payments across its network for NFT purchases in an effort…
New York State Issues New Guidance For Stablecoins
Financial regulators in New York State have published recommendations for the use of dollar-backed stablecoins corporate bonds subject to DFS regulation.
The Father of the Metaverse Will Launch LAMINA1, a Blockchain Focused on the Metaverse
Neal Stephenson, the man who originated the phrase “metaverse” 30 years ago, has announced the launch of LAMINA1, a blockchain project centred on the…
Achieva Becomes the First Credit Union to Offer Crypto Services in Florida
Consumers’ interest in bitcoin grew when Achieva credit union permitted third-party services to make bitcoin purchases; before completely integrating bitcoin services into its app.…
Citadel and VIRT.O May Be Collaborating on an “Ecosystem” That Will Allow Retail Brokerages to Offer Crypto Executions
Citadel Securities and Virtu Financial Inc (VIRT.O), two trading companies, are working together on a cryptocurrency trading “eco-system” that will allow retail brokerages to…
The Ethiopian National Bank Issues a Warning Against Digital Currency Transactions
While other nations, such as the Central African Republic, have accepted bitcoin as legal tender, Ethiopia’s National Bank has stated in a statement released…
Institutional Buyers Begin to See Cryptocurrencies as a Source of Long-Term Potential
Some investors believe bitcoin is nearing a bottom, based on the amount of money flowing into listed cryptocurrency funds, which represent a small portion…
Australian Gold Coast Mayor Suggests Using Cryptocurrencies for Tax Payments
Mayor Tom Tate of the Gold Coast, Australia, has suggested that in the future, people could use cryptocurrencies to pay local taxes, but critics…