Discover the Latest Bitcoin (BTC) News

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 11

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 12

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 13

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 14

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 16

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 17

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...

The Middle East Could Adopt Bitcoin Soon – Serbian Monarch

Naga Avan-Nomayo·July 7, 2022

Bitcoin could see adoption in the Middle East soon, says Filip Karadjordjevic.

FTX Has a Few Billions to Support Struggling Crypto Projects, The Worst of Liquidity Crunch Possibly Over, Says SBF

John P. Njui·July 6, 2022

FTX Has a Few Billions to Support Struggling Crypto Projects, The Worst of Liquidity Crunch Possibly Over, Says SBF 18

Summary: Sam Bankman-Fried has stated that FTX has a few billion to support struggling crypto firms. He also believes that the worst of the liquidity crisis in crypto might have passed. FTX’s founder and CEO, Sam...

Binance Launches Zero-Fee Bitcoin Trading for 13 Spot pairs as it Celebrates its 5th Anniversary.

John P. Njui·July 6, 2022

Binance Launches Zero-Fee Bitcoin Trading for 13 Spot pairs as it Celebrates its 5th Anniversary. 19

Summary: Binance has announced the launch of zero-fee Bitcoin for 13 spot trading pairs beginning July 8th until further notice. The discounted trading is part of the exchange’s fifth-anniversary celebrations. The 13 Bitcoin pairs are mostly...

Bitcoin Miners Continue Selling to Cover Expenses as Core Scientific Sold 7.2k BTC in June for $167M

John P. Njui·July 5, 2022

Bitcoin Miners Continue Selling to Cover Expenses as Core Scientific Sold 7.2k BTC in June for $167M 20

Summary: Bitcoin miners are continually selling their BTC to cover operational expenses. Bitcoin mining company, Core Scientific, has announced that it sold 7,202 BTC in June for $167 million. The Core Scientific team further explained the...

Binance Steps Up Verifications for Users Potentially Affected by Data Breach Targeting 1B Chinese Citizens

John P. Njui·July 4, 2022

Binance Steps Up Verifications for Users Potentially Affected by Data Breach Targeting 1B Chinese Citizens 22

Summary: Binance has stepped up the verification of users that have been potentially affected by the latest data breach. A hacker claims to have obtained the personal data of over 1 billion Chinese residents from the...

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Ethereum coders reached consensus on Shanghai update

FTX Hacker Becomes 35th Largest Holder Of Ethereum After Panic Purchasing Approx. $50M of $ETH

Ethereum Daily Trading Volume On Uniswap Up 80% Amid FTX Contagion

Binance Makes Multi-Billion Dollar Transfers Following FTX’s Collapse

Coinbase Custody confirmed Grayscale product breakdown, wallet addresses remain undisclosed as GBTC discount reached 50%

Bitcoin Could Have Found Its Bottom At $20,000 Level: Glassnode Report

Ankr Protocol will reimburse users after $5 million exploit, Binance seized $3 million of the stolen funds

Tether ($USDT) Hits Back At Bloomberg For Report Over Renewed Fraud Probe

SushiSwap Votes In Favor Of Landmark Restructuring Proposal

Coinbase Calls Out Apple For Blocking NFT Transactions On iOS

Uniswap Labs debuts NFT marketplace aggregator with $5 million USDC airdrop

Luxury Watchmaker Rolex Files Applications for Metaverse, NFT Trademarks

Elon Musk Says Sam Bankman-Fried Probably Donated Over $1B To Support Democratic Elections

FTX’s Sam Bankman-Fried Knew More About Alameda Research Finances Than Let On: Forbes Report

Mike Novogratz’s Galaxy Digital might buy crypto custodian GK8 from Celsius

XPLUS Announces DEX Listing & Public Beta Launch of First SocialFi App

Ripple ($XRP) Achieves Huge Milestone With Deployment of Ethereum-based Smart Contracts for XRPL Sidechain

Blockchain.com Investors Remain Undeterred Despite Ruthless Crypto Winter

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