Summary: Celsius Network has reportedly laid off 150 staff members who constitute 25% of its workforce. The team behind the lending platform had last month hired restructuring advisors. Celsius Network…
Summary: Coca-Cola has announced plans to release a Pride series NFT collection to celebrate the LGBTQIA+ community. Coca-Cola will be collaborating with artist and advocate Rich Mnisi. The Pride Series…
Summary: Circle’s CEO has published a Twitter thread quelling fears and rumors that USDC is on the brink of collapse. He added that it is understandable why the crypto community…
Summary: Three Arrows Capital has filed for Chapter 15 bankruptcy in New York 3AC filing for bankruptcy comes less than a week after a British Virgin Islands court ordered the…
Summary: KuCoin CEO, Johnny Lyu, has debunked rumors that the exchange will soon pause withdrawals. According to Mr. Lyu, KuCoin does not have direct exposure to collapsed LUNA, Three Arrows…
Summary: There has been a rumor circulating on crypto-twitter that Circle’s USDC stablecoin is on the brink of collapse. According to the rumor, Circle is losing money to pump USDC’s…
Summary: Three Arrows Capital Co-founder, Su Zhu, is reportedly looking to sell his $35 million Singapore mansion. Su Zhu allegedly bought the mansion in December 2021 at S$48.8 million. The…
Summary: Huobi’s founder, Li Lin, is reportedly looking to sell his stake in the crypto exchange. Mr. Lin currently holds more than 50% of the shares at Huobi. The crypto…
ChangeNOW is an intermediary web platform and Android/iOS service between major crypto exchanges and the user. The app offers flexibility in exchange rate management, depending on if one wants to…
Blockchain.com and Deribit confirm that they are creditors of Three Arrows Capital. Blockchain.com said it was cooperating with an investigation into the fallen hedge fund. Deribit said that it would…
El Salvador has recently purchased 80 Bitcoins. Nayib Bukele tweeted his support towards Bitcoin during its bear run,adding that Bitcoin is indeed the future. Despite the prices of Bitcoin plunging…
The difficulties migrating digital assets such as bonds or NFTs with residual payments between different L1 or L2 chains Authors: Andreas Freund, L2 WG Co-Chair, on behalf of the EEA…
Summary: FTX is inches away from finalizing its acquisition of the BlockFi lending platform. According to CNBC, FTX will pay $25 million for the deal, which is 99% below BlockFi’s…
Summary: Tech Inquiry has uncovered details on a three-year contract between Coinbase and the Immigration and Customs Agency of the US Department of Homeland Security. Coinbase, through its analytics program,…
Summary: FTX reportedly walked away from a potential deal with Celsius Network after analyzing the latter’s finances. Celsius Network allegedly had a $2 billion deficit on its balance sheet at…
