Block CEO Resigns Following $27m Loan Secretly Advanced by Alameda Research
The failure of Block's chief executive to reveal the $27M advanced by Alameda Research, a firm affiliated with the embattled…
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How Can You Pay Your Bills with Crypto?
Cryptocurrencies are digital currencies that use encryption to protect user identities and transactions. They are an alternative form of payment…
Israel-Based Cybersecurity Startup Raises $8M To Provide Web3 Security Solutions
According to reports, Cyvers, an Israel-based cybersecurity solutions provider, has managed to raise $8 million in a funding round headed…
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Crypto Lending Firm Nexo Announces To Leave the US Because Of Lack Of Regulatory Clarity
Nexo, a crypto lending company and exchange, will put a stop to its product offerings in the United States market…
Auros Global Defaults On 2,400 wETH Loan After FTX Contagion
Auros Global, an algorithmic crypto trading platform, is among the crypto entities suffering from the collapse of FTX. The platform…
$355M BlockFi Funds Locked Away In FTX Exchange
According to information made public by attorney Joshua Sussberg, over $300 million worth of assets owned by BlockFi was locked…
MakerDAO Conducts Voting On Increasing Yield For DAI
MakerDAO is currently conducting a voting exercise for members of its community to decide whether or not there should be…
BlockFi Drags Sam Bankman-Fried To Court Over Sold Shares
The now-defunct BlockFi, which was one of the key players in the crypto lending industry, has proceeded to drag the…
Bankman-Fried Admits Collusion as FTX Purportedly Processed Customer Deposits Using Alameda Research Banking Facilities
The inquiry into the dramatic collapse of FTX Group shows an inevitable downfall from questionable internal management practices as Bankman-Fried…
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Dominica And Huobi To Launch DID And DMC Projects
Huobi, a crypto exchange platform, has signed an agreement with the Commonwealth of Dominica. Both entities will work on a…
Crypto Lending Firm, Matrixport Seeks $100M Funding Despite Market Crisis
Matrixport, a crypto firm created by Wu Jihan, the co-founder of Bitmain, wants to raise about $100 million in a…
Silvergate Capital Denies Liquidity Crisis, Considers Exposure to Bankrupt BlockFi Minimal
San Diego-based Silvergate Capital Corporation rejected claims of suffering significant exposure to the bankrupt BlockFi. In a statement released hours…
BlockFi Pursues FTX’s Bankman-Fried Investment in Robinhood
BlockFi seeks Bankman-Fried's shares in Robinhood, citing the former FTX CEO used the investment as collateral for a pledge agreement. …
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Ripple vs SEC: Ripple Executives Accuse SEC OF Being The Reason For BlockFi’s Fall
A new set of developments have emerged from the ongoing legal tussle between the crypto financial firm Ripple and the…
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Crypto Lending Platform, BlockFi Files For Bankruptcy; Here’s What You Need To Know
Following the FTX crash and the liquidity crunch on its firm, BlockFi, a crypto lending firm, has filed for bankruptcy…
Crypto Lending Firm Genesis Under Investigation By A Number Of U.S. States
Following the collapse of the famous crypto hedge fund, Three Arrows Capital (3AC), and the popular crypto exchange, FTX, Genesis…