Discover the Latest DeFi Crypto News

Morgan Creek Digital is Reportedly Planning to Raise $250M to Counter FTX’s BlockFi Bailout Offer

John P. Njui·June 26, 2022

Celsius Network Denies its CEO Attempted to Flee the United States 15

Summary: Morgan Creek Digital is reportedly looking to raise $250 million to counter FTX’s line of credit to BlockFi. The move resulted from one of FTX’s terms for the credit line to BlockFi, to wipe out...

Bitmex’s Hayes: Don’t Believe Goldman Sachs is Putting its Own Money At Risk to Buy Assets From Celsius Network

John P. Njui·June 25, 2022

Celsius Network Denies its CEO Attempted to Flee the United States 16

Summary: Arthur Hayes has cautioned the crypto community against believing Goldman Sachs will risk its own money to buy assets from the Celsius Network. Mr. Hayes explained that Goldman Sachs would simply assemble a bunch of...

Sky Mavis to Reimburse Axie Infinity Hack Victims and Restart the Ronin Bridge as Early as June 28th

John P. Njui·June 24, 2022

Celsius Network Denies its CEO Attempted to Flee the United States 17

Summary: Sky Mavis, the parent company of Axie Infinity, expects to reimburse hack victims on June 28th. The Ronin Network bridge is also expected to reopen on the same day. The parent company and developer of...

Celsius Considers Bankruptcy, Hires More Advisors

John P. Njui·June 24, 2022

Celsius Network Denies its CEO Attempted to Flee the United States 19

Summary: The crypto lending company of Celsius is reportedly considering filing for bankruptcy. Celsius has therefore hired more advisors to prepare for the potential filing. The crypto lending company of Celsius is reportedly considering filing for...

Kyber Network Admits A Portion of Its Treasury Was Held By 3AC, But Not Significant to Affect KNC Operations

John P. Njui·June 24, 2022

Celsius Network Denies its CEO Attempted to Flee the United States 20

Summary: The Kyber Network team has admitted that Three Arrows Capital’s potential insolvency might impact its treasury. A small portion of Kyber Network’s treasury is with Three Arrows Capital but is not significant enough to affect...

Sam Bankman-Fried’s FTX is Reportedly Planning to Acquire a Stake in BlockFi

John P. Njui·June 24, 2022

Celsius Network Denies its CEO Attempted to Flee the United States 21

Summary: The FTX crypto exchange is reportedly in talks to acquire a stake in the crypto-lending platform of BlockFi. Earlier this week, FTX gave BlockFi a $250 million line of credit to bolster its balance sheet...

Crypto Exchange Uniswap Acquires NFT Aggregator Platform Genie

Juhi Mirza·June 22, 2022

Celsius Network Denies its CEO Attempted to Flee the United States 22

Uniswap DEX has acquired NFT aggregator platform Genie This marks Uniswap’s second foray into NFTs, after Unisocks. Crypto exchange Uniswap is all set to expand its dominance in the NFT world by acquiring Genie, one of...

“Hostile Market Conditions” Force Bancor (BNT) To Suspend Impermanent Loss Protection

Rahul Nambiampurath·June 20, 2022

Bancor has suspended impermanent loss protection, citing hostile market conditions. The feature will be reactivated when markets stabilize. Bancor is the latest entity to take action as the effects of the bear market grow. The Bancor...

DeFi Difficult to Regulate Because of Its Anonymity: Indian Central Bank

Rahul Nambiampurath·June 17, 2022

India’s central bank governor Shaktikanta Das said that DeFi is difficult to regulate because of its anonymity. Das made the remarks during a business summit, also calling for global coordination. India is waiting on a consensus...

OpenSea’s Migration to the SeaPort Web3 Marketplace is Estimated to Save Users 35% in Ethereum Gas Fees

John P. Njui·June 15, 2022

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Key takeaways: OpenSea has successfully migrated to SeaPort: a Web3 NFT marketplace designed with efficiency in mind. The move to SeaPort is estimated to save OpenSea users 35% in Ethereum gas fees or more than $460...

Uniswap Onboards Former President of the New York Stock Exchange, Stacey Cunningham, as An Advisor

John P. Njui·June 15, 2022

Celsius Network Denies its CEO Attempted to Flee the United States 24

Key takeaways: Uniswap labs have welcomed the former President of the New York Stock Exchange, Stacey Cunningham, as an advisor. Ms. Cunningham served as the NYSE’s first female President between 2018 and 2022. Her appointment as...

Celsius’s Native Token Falls Below 50% As The Network Halts Transactions Citing Extreme Market Volatility

Juhi Mirza·June 13, 2022

Celsius Network Denies its CEO Attempted to Flee the United States 25

Leading CeFi platform Celsius Network halts its withdrawals, swaps, and transfers citing extreme market conditions The native token of Celsius Network has crashed 50% and is currently sitting at $0.1855 Celsius Network, one of the leading...

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Celsius Network Denies its CEO Attempted to Flee the United States

Ethereum’s Merge to Reduce Demand for GPUs, says Morgan Stanley

Harmony Protocol Offers $1M Bounty for the Return of Stolen Funds and Information on the Bridge Exploit

I’m Waiting for Bitcoin to ‘Test’ $1,100, Says Rich Dad Poor Dad Author

BCH’s Roger Ver Rumored to be the High Net Worth Individual Who Owes CoinFLEX $47M

Celsius Network Denies its CEO Attempted to Flee the United States

Morgan Creek Digital is Reportedly Planning to Raise $250M to Counter FTX’s BlockFi Bailout Offer

Bitmex’s Hayes: Don’t Believe Goldman Sachs is Putting its Own Money At Risk to Buy Assets From Celsius Network

Sky Mavis to Reimburse Axie Infinity Hack Victims and Restart the Ronin Bridge as Early as June 28th

Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project

Gucci Dives Deeper Into NFTs With $25k SuperRare DAO Buy In And Digital Art Vault

Solana Based NFT Marketplace of Magic Eden Raises $130M at $1.6B Valuation

Three Arrows Capital Liquidation Ordered By BVI Court – Sky News

MakerDAO Voting on $500M Investment Plan for US Treasuries and Bonds

Musk Reveals The Reason Why He Supports Dogecoin, Says It’s Because Of Tesla And SpaceX Factory Workers

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Decentralized Finance (DeFi)

Morgan Creek Digital is Reportedly Planning to Raise $250M to Counter FTX’s BlockFi Bailout Offer

Bitmex’s Hayes: Don’t Believe Goldman Sachs is Putting its Own Money At Risk to Buy Assets From Celsius Network

Sky Mavis to Reimburse Axie Infinity Hack Victims and Restart the Ronin Bridge as Early as June 28th

Celsius Considers Bankruptcy, Hires More Advisors

Kyber Network Admits A Portion of Its Treasury Was Held By 3AC, But Not Significant to Affect KNC Operations

Sam Bankman-Fried’s FTX is Reportedly Planning to Acquire a Stake in BlockFi

Crypto Exchange Uniswap Acquires NFT Aggregator Platform Genie

“Hostile Market Conditions” Force Bancor (BNT) To Suspend Impermanent Loss Protection

DeFi Difficult to Regulate Because of Its Anonymity: Indian Central Bank

OpenSea’s Migration to the SeaPort Web3 Marketplace is Estimated to Save Users 35% in Ethereum Gas Fees

Uniswap Onboards Former President of the New York Stock Exchange, Stacey Cunningham, as An Advisor

Celsius’s Native Token Falls Below 50% As The Network Halts Transactions Citing Extreme Market Volatility

Ethereum World News