U.K. Inflation Hits Four-Decade High Of 9.4%
Inflation in the United Kingdom reached yet another record 40-year high as the country’s historic cost-of-living issue was exacerbated by continuous price increases for food and...
Tag : news
Skybridge Suspends Crypto Fund Withdrawals
Fund redemptions have been halted by Legion Strategies, a hedge fund connected with Anthony Scaramucci’s Skybridge Capital, according to reports from Bloomberg....
Dubai Will use Metaverse to Produce 40,000 Jobs
Authorities in Dubai want to herald in a new age in the United Arab Emirates‘ most populated city as the cryptocurrency sector and the metaverse...
Elon Musk Plans To Countersue Twitter In The Near Future
A recent story from the NYPost on Monday claims that Tesla CEO Elon Musk is preparing a counter-lawsuit against Twitter in an effort to scrap...
Defiance Capital Clarifies its Relationship With Troubled Three Arrows Capital
DeFiance Capital, a cryptocurrency venture capital firm, issued a formal statement on Twitter to clarify its association with the struggling Three Arrows Capital (3AC)....
Celsius Accumulates a Debt of US$4,720 Million with its Users
Troubled crypto lending platform Celsius has accumulated a total debt of US4,720 million with its users, according to a 61-page document made public in support...
OpenSea Cuts off 20% of its Staff Due to the NFT’s Decline
On Thursday, the non fungible token (NFT) marketplace OpenSea announced huge layoffs, following other crypto firms in cutting employment at one of the most tumultuous...
Celsius Network Files For Chapter 11 Bankruptcy
Just one month after freezing client assets as a result of severe market volatility that has caused some companies to lose their business models, Celsius...
According to a KuCoin Study, 14% of Saudi Residents are Crypto-Investors
Saudi Arabians are becoming more interested in and adoptive of cryptocurrencies, according to a recent KuCoin survey. It revealed that 76% of crypto investors in the...
California Launches An Investigation Into Crypto Companies
Investors have been urged by the California Department of Financial Protection and Innovation (DFPI) to exercise great care while dealing with interest-bearing cryptocurrency asset accounts,...