The Commodity Futures Trading Commission has added 34 crypto entities to its RED list. The entities were added to the list because they have not registered with the agency. The CFTC and other U.S. financial regulators are currently working on regulating the crypto market, and a policy may arrive this...
Celo has halted its blockchain, and validators are investigating the issue. Uniswap v3 was deployed on the Celo network hours before, though there is no confirmation whether this was related. The Uniswap and Celo collaboration is focused on regenerative finance, an environmentally friendly initiative. The Celo network has halted its...
Brian Armstrong spoke of operational efficiency in a Twitter thread and blog post. Coinbase has had to rethink its operational philosophy as it attempts to scale. The exchange’s stock COIN has had a tough time in 2022, but the company continues to have strong ambitions. Coinbase CEO and co-founder Brian...
Summary: BlockFi CEO has requested crypto journalists and market commentators, not to mention the company alongside Voyager Digital and Celsius Network. He states that BlockFi has remained financially functional while Voyager and Celsius have not. BlockFi’s CEO, Zac Prince, has requested crypto journalists and market commentators, not to mention the...
BitMEX has delayed the listing of BMEX on its spot exchange, citing market conditions. Millions of BMEX tokens have already been airdropped to thousands of users, offering them benefits. BitMEX is seeking to put its troubled past behind it and has frequently been featured in headlines in 2022. The BitMEX...
Twitter has hired merger law firm Wachtell, Lipton, Rosen & Katz in its bid to sue Elon Musk. Musk has also hired Quinn Emanuel Urquhart & Sullivan LLP in the case. The billionaire has also been sued by one investor over allegedly running a pyramid scheme. Twitter is stepping up...
An individual who worked with Celsius Network filed a lawsuit against the platform, calling it a ponzi scheme. Jason Stone is the CEO and founder of KeyFi, and said that he helped generate profit for the Celsius Network. The lawsuit adds to the already deep trouble that Celsius Network is...
Summary: Celsius Network has completely paid off its Bitcoin loan, resetting its liquidation price to zero. The lending platform has been paying off its loan on the Maker Protocol since mid-June and after it announced pausing of withdrawals. The complete repayment of its Bitcoin loan could be part of Celsius...
Genesis CEO Michael Moro revealed the information over Twitter on July 6. Parent company Digital Currency Group is working with Genesis to fix the situation. Several crypto companies are under enormous stress because of the recent market crash. Crypto brokerage company Genesis is the next to confirm its exposure to...
