Crypto
Celsius’s Working Capital Will Dry Up By October: Filings Reveal
Celsius is not only short of $2.8 billion in crypto assets but would run out of cash by October as per court filings.
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Crypto
Reckless Trades by Celsius’ CEO Revealed Before Court Hearing
Celsius Network lost millions of dollars after the crypto lender's boss Alex Mashinsky took the control of its trading strategy earlier this year, overruling his team of investment veterans.
Crypto
Ethereum Outperforms Bitcoin by 41% Over Last Month, as the Merge Edges Closer
With one of its the most important updates nearing completion on Ethereum, the smart contract platform seems to have finally decoupled from Bitcoin.
Crypto
Iran Reminds Citizens of Crypto Ban After Using Crypto for a $10M Import Order
Iranian citizens are banned from buying and selling crypto assets, despite the country using it for foreign trade settlement.
Crypto
Galaxy Digital Exits BitGo Deal With No Termination Fees
Galaxy Digital Holdings terminated its $1.2 billion acquisition of BitGo after the crypto custody provider failed to deliver audited financial statements ahead of schedule.
Crypto
Acala’s aUSD Stablecoin Recovers After $1B+ Hacker’s Wallet Frozen
Polkadot-based stablecoin Acala USD (aUSD) has almost recovered its 1:1 peg with the U.S. dollar after plummeting almost 99% following a liquidity pool exploit.
Crypto
Tornado Cash DAO Proposal Seeks Legal Fight Against US Sanctions
Sanctions against Tornado Cash can have heavy implications for DeFi. Where does the crypto mixer go from here?
Crypto
Ethereum Options Open Interest Reach New ATH as Merge Date Confirmed
Ethereum options open interest hit a new all-time high of $8 billion after the blockchain's key developers suggested that the long-awaited Merge could happen as soon…
Crypto
Illegal FinTech Firms in India Used Crypto Exchanges to Launder Money: Assets Frozen
India's financial watchdog is reportedly investigating 10 crypto exchanges for allegedly assisting foreign firms to launder money via crypto exchanges.
Crypto
Developer Linked to Tornado Cash Arrested in Amsterdam
Netherland's Fiscal Information and Investigation Service (FIOD) arrests developer with links to Tornado Cash.
Crypto
Abrdn CEO Says Blockchain Will Shape Financial Markets as Firm Buys Stake in Archax
Abrdn announced it purchased a stake in U.K. digital asset securities exchange Archax, making it the company's largest external shareholder.
Crypto
Decentralized Stablecoins Take Off After USDC Funds Frozen
Market participants opt for decentralized stablecoins as censorship fears mount over their centralized counterparts.
Crypto
BlackRock Offers Institutions Direct Exposure to Spot BTC
World's largest asset manager BlackRock launched a new private trust to offer institutional investors exposure to spot Bitcoin.