3AC files for bankruptcy amid financial troubles
According to a report by Bloomberg, three Arrows Capital has filed for Chapter 15 Bankruptcy. 3AC used to be one of the largest crypto investment firms, but the recent market…
FTX set to acquire BlockFi in a $680M deal
FTX has secured a deal with troubled crypto lending firm BlockFi. The deal will give this exchange the ability to acquire BlockFi. BlockFi has faced financial troubles recently following the…
Celsius’ Unsuccessful Attempt to Stabilize Liquidity
As a direct result of the recent poor performance of the cryptocurrency market, the Celsius Network is now dealing with liquidity concerns. The withdrawal option on Celsius was disabled a…
EU’s Makes History with Regulatory Step
The first significant regulatory system for the cryptocurrency business was agreed upon by EU authorities on Thursday. After hours of discussions, the European Commission, EU parliamentarians, and member states reached…
MakerDAO community turns down proposals to have a centralized body
The MakerDAO community does not want more centralization on the platform. The protocol members have rejected several proposals that could bring more centralization to the protocol’s governance structure. MakerDAO is…
Coinbase denies reports that it sold customer data to the ICE
Coinbase, the largest cryptocurrency exchange in the United States, has denied allegations that the company was selling customer transaction data to the US Immigration and Customs Enforcement (ICE). The ICE…
Ruja Ignatova Known as ‘Crypto Queen’ is on FBI 10 Most Wanted List
The Cryptoqueen, Ruja Ignatova, is now on the FBI’s top 10 most wanted list. Ruja Ignatova is known as the mastermind of crypto fraud OneCoin. Currently, she is the only…
Ethereum unveils Gray Glacier hard fork to delay the difficulty bomb
Ethereum has successfully launched the Gray Glacier hard fork. The hard fork launched on Ethereum on Thursday, according to Ethereum developers. This fork will delay the difficulty bomb, a process…
El Salvador buys the Bitcoin dip with an additional 80 coins
El Salvador has bought an additional 80 Bitcoins during the ongoing dip. The recent purchase has increased El Salvador’s total Bitcoin holdings to 2381 BTC. The country continues accumulating more…
CFTC files a lawsuit on fraud involving $1.7 billion Bitcoin
The US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Mirror Trading International Proprietary Limited (MTI) and its CEO, Cornelius Johannes Steynberg. The lawsuit charges them with fraud…
Lucky Block Gears Up for its Boxing Ambassador’s Upcoming Match
Crypto games have been around for a while and gained considerable attention during the bull market last year. People are interested in the functioning of the concept as it provides…
FTX Plans to Close on Buying BlockFi But Not Celsius Mess
FTX is set to demonstrate their vulture capitalism with the acquisition of BlockFi, a digital asset platform, for only $25 million. According to sources, if confirmed, investors will lose almost…
$1 Million Draw Winners of LBlock Shared Their Story
A Lucky Block giveaway of $1 million LBLOCK tokens on Friday 31 May for the owner of one of their Platinum Rollers Club NFTs. The winner shares a story about…
DeFi Lending Platform “Wing Finance” Rolls Out Its New NFT Pool
Wing Finance, a decentralized lending platform, has successfully launched a non-fungible token (NFT) pool, offering highly competitive APR rates. The new functionality will support the first six blue-chip NFTs. Notably,…
Meta Launches New NFT Feature, Begins Testing Its Functionality In US
Meta, an American multi-national social media platform, has successfully launched its new non-fungible token (NFT) display option on its dashboard. Meta, formerly known as Facebook, will now allow its users…