ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’ 3 min read CBDC ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’ Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency...Read More
FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume 3 min read alameda FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume admin December 20, 2022 Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all...Read More
Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme 5 min read Airdrop Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme admin December 10, 2022 Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a...Read More
Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations 3 min read Amanda Cowie Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations admin November 16, 2022 Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit...Read More
FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags 5 min read alameda FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags admin November 13, 2022 Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange...Read More
While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion 4 min read $2.5 billion While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion admin October 17, 2022 It’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value...Read More
Bitgo Files Lawsuit Against Novogratz’s Galaxy Digital for $100M Over ‘Intentional Breach’ of a Merger Agreement 3 min read 1.2 billion Bitgo Files Lawsuit Against Novogratz’s Galaxy Digital for $100M Over ‘Intentional Breach’ of a Merger Agreement admin September 15, 2022 According to statements made by the digital asset custody business and financial services provider Bitgo, the firm...Read More
Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours 4 min read Anchor Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours admin August 24, 2022 During the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today...Read More
Galaxy Digital Terminates $1.2 Billion Bitgo Acquisition Deal, Crypto Firm Still Plans for Nasdaq Listing 4 min read 1.2 billion Galaxy Digital Terminates $1.2 Billion Bitgo Acquisition Deal, Crypto Firm Still Plans for Nasdaq Listing admin August 16, 2022 Galaxy Digital Holdings and the company’s CEO and founder Mike Novogratz announced the company has “exercised its...Read More
Finder’s Bitcoin Prediction Report Expects BTC to Bottom at $13,676 and End the Year at $25,473 4 min read 80% down Finder’s Bitcoin Prediction Report Expects BTC to Bottom at $13,676 and End the Year at $25,473 admin July 14, 2022 According to the latest crypto prediction report published by the product comparison platform finder.com, 77% of 53...Read More
Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470% 4 min read Anchor Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470% admin July 1, 2022 After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies...Read More
Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds 4 min read $655 million loan Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds admin June 23, 2022 According to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial...Read More