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Bitfinex Hack Suspect Given Go Ahead to Find New Job Before Trial – Report

John P. Njui·July 16, 2022

Bitfinex Hack Suspect Given Go Ahead to Find New Job Before Trial - Report 12

Summary: Heather Morgan, accused of attempting to launder $3.6 billion worth of Bitcoin from the 2016 Bitfinex hack alongside her husband, has asked a judge to modify the conditions of her pre-trial release. Mr. Morgan requested...

CoinFLEX Resumes Crypto Trading With Limited Withdrawals of Up to 10% of User Funds

John P. Njui·July 15, 2022

CoinFLEX Resumes Crypto Trading With Limited Withdrawals of Up to 10% of User Funds 13

Summary: CoinFLEX has announced the resumption of crypto exchange trading services. However, withdrawals will be limited to 10% of user funds as 90% of all users’ assets are locked. The CoinFLEX crypto exchange has announced the...

President Putin Signs New Law Banning Bitcoin and Crypto as a Means of Payment in Russia

John P. Njui·July 15, 2022

President Putin Signs New Law Banning Bitcoin and Crypto as a Means of Payment in Russia 14

Summary: President Vladimir Putin has signed into law a new bill banning the use of Bitcoin and cryptocurrencies as a form of payment within Russia. Crypto service providers must now reject any transactions that can potentially...

Celsius Network’s Assets Could Be Locked for a Long Long Time Like Mt. Gox’s Crypto, Says Bitfinex Whale.

John P. Njui·July 14, 2022

Celsius Network's Assets Could Be Locked for a Long Long Time Like Mt. Gox's Crypto, Says Bitfinex Whale. 15

Summary: Bitfinex Bitcoin whale, Joe007, has warned that Celsius Network’s assets could be locked for a ‘long long time’ just like Mt. Gox’s crypto has been locked since 2014. Celsius Network has filed for Chapter 11...

Michael Saylor: US Inflation is +9.1%, It’s Only a Matter of Time Before The World Discovers 1 BTC = 1 BTC.

John P. Njui·July 13, 2022

Michael Saylor: US Inflation is +9.1%, It's Only a Matter of Time Before The World Discovers 1 BTC = 1 BTC. 16

Summary: Michael Saylor has pointed out that the US dollar continues to gain value as annual inflation has hit 9.1%. He adds that other global currencies continue to weaken against the USD, and it is only...

Voyager Proposes Customers to Receive Funds Pro-Rata to its Crypto Holdings, Proceeds from 3AC, Shares, and VGX Token

John P. Njui·July 11, 2022

Voyager Proposes Customers to Receive Funds Pro-Rata to its Crypto Holdings, Proceeds from 3AC, Shares, and VGX Token 18

Summary: Voyager Digital has updated on the status of its customer’s USD and crypto. The crypto lending platform emphasizes that customers’ USD deposits are safe. Voyager states it has approximately $1.3 billion worth of crypto assets...

Bitcoin Selling by Mt. Gox Creditors Could Dent BTC’s Recovery in the Markets – Report

John P. Njui·July 10, 2022

Bitcoin Selling by Mt. Gox Creditors Could Dent BTC's Recovery in the Markets - Report 19

Summary: Creditors of Mt. Gox could soon get repaid in Bitcoin for their 2014 losses when the exchange was hacked. Mt. Gox’s bankruptcy trustee currently holds 141,686 Bitcoin. The distribution and potential selling of the Bitcoin...

Three Arrows Capital Bankruptcy Filing Claims Location of Co-founders is Currently Unknown

John P. Njui·July 10, 2022

Three Arrows Capital Bankruptcy Filing Claims Location of Co-founders is Currently Unknown 20

Summary: Three Arrows Capital’s bankruptcy filing states that the location of both Su Zhu and Kyle Davies is currently unknown, and the pair might have left Singapore. The document also states that Three Arrows Capital managed...

CoinFLEX Starts Arbitration in Hong Kong Against Roger Ver Who Allegedly Owes The Platform $84M

John P. Njui·July 9, 2022

CoinFLEX Starts Arbitration in Hong Kong Against Roger Ver Who Allegedly Owes The Platform $84M 21

Summary: The team at CoinFLEX has stated that they have a deficit of $84 million originating from ‘a large individual customer’ that had earlier been identified as Roger Ver. Initially, the deficit was estimated at $47...

Blockchain.com CEO Reveals Potential $270M Loss Due to Three Arrows Capital Exposure

John P. Njui·July 8, 2022

Summary: Blockchain.com’s CEO has revealed that the company faces a $270 million loss on loans to the Three Arrows Capital hedge fund. However, he states that the company remains liquid and solvent, and its customer will...

Tether Liquidated its Loan With Celsius Network Without Losses, Admits it Has an Investment in the Lending Platform

John P. Njui·July 8, 2022

Tether Liquidated its Loan With Celsius Network Without Losses, Admits it Has an Investment in the Lending Platform 23

Summary: Tether has released a statement explaining how it liquidated its loan with Celsius Network. According to Tether, the loan was liquidated without losses to the company and according to an agreement by both entities. The...

Celsius Network Clears its Bitcoin Loan, Resetting its Liquidation Price to $0

John P. Njui·July 7, 2022

Celsius Network Clears its Bitcoin Loan, Resetting its Liquidation Price to $0 24

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...

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Coinbase To Pause Ethereum (ETH) And ERC-20 Trading During The Merge

Ethereum Merge Tentative Date Is Set And It’s Sooner Than You Think

Ethereum Price Headed to $2,000 as Ethereum Goerli Merge Goes Live

Youtube Crypto Influencer BitBoy Crypto Warns That He Is Planning Something That “Will Permanently Change Crypto”

Michael Saylor “I’d Rather Win in Volatile Fashion Than Lose Slowly, Sell your Gold”

$10 Trillion Asset Manager BlackRock Unveils Bitcoin Spot Exposure Via Private Trust

Virginia Pension Fund Aims To Boost Its Returns Using Yield Farming

Axie Infinity CEO Transferred AXS Worth $3M to Binance Before the Team Revealed Hack – Report

Harmony Proposes Hard Fork, Minting of Billions of ONE to Make Hack Victims Whole

Consumer Watchdog Tina.Org Is Calling Out Celebrities For Endorsing NFTs Without Disclosing Their Connection With Projects

Orpheus Media Acquires 24.5% Of Barca Studios In A 100 Million Euros Deal

Magic Eden Proposes to Build “ApeCoinDAO,” An NFT Marketplace Catering To ApeCoin Holders

Dogecoin, Shiba Inu Are Leading The Current Crypto Price Rally

Coinbase To Pause Ethereum (ETH) And ERC-20 Trading During The Merge

Celsius Lost Over $100 Million In Grayscale Bitcoin Trust Trade: Financial Times Report

Nomiswap.io DEX launches $50,000 giveaway for a video review of the platform

Logium, The first DEX on Ethereum That Allows You To Bet On the Price Of Every Token On Uniswap

Bexplus Announcing $5,000 Rewards For New Users: Profiting With 2 Benefits & 3 Tools On Bexplus

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