Delio, a major South Korean cryptocurrency lending platform, has suspended withdrawals temporarily on its platform, claiming that the measure was taken in connection with another local crypto company, Haru Invest, which recently did the same. The crypto lender stated that the decision to suspend withdrawals was unavoidable. Delio’s Exposure to Haru Invest In a notice...Read More
In a respite to Voyager Digital customers, the cryptocurrency brokerage is reportedly gearing up to reopen its app, which will enable the withdrawal of their funds. The development comes almost a year after it filed for Chapter 11 bankruptcy. According to a court filing on June 14th, Voyager’s bankruptcy plan administrator, Paul Hage, stated that...Read More
Francis Suarez – the mayor of Miami – filed documents to run for President of the United States. He will be a candidate of the Republican party, attempting to prevail over well-known names, such as Donald Trump and Ron DeSantis. Suarez is an outspoken advocate of bitcoin, and his administration has introduced numerous initiatives focused...Read More
A wallet linked to Michael Egorov, the founder of decentralized exchange (DEX) and automated market maker protocol Curve, has reduced its on-chain debt by repaying 1.35 million USDT of a loan on the decentralized lending platform, Aave. Egorov’s move comes as Curve’s native token (CRV), used as the loan’s collateral, significantly declined in the past...Read More
The recent altcoin crash has been a significant setback for many cryptocurrencies, and Cardano is no exception. The SEC’s security claims have sparked a wave of uncertainty in the market, leading to a widespread sell-off. This sell-off has been particularly harsh on altcoins, which have seen their prices plummet. Amidst this turmoil, Bitcoin’s dominance continues...Read More
The President of Brazil – Luiz Inácio Lula da Silva, simply known as Lula – assigned the country’s central bank to supervise the local cryptocurrency sector. The legislation that comes into force on June 20 will give the financial institution jurisdiction to determine which firms can operate in the local market. The bank will also...Read More
[PRESS RELEASE – Please Read Disclaimer] Paris gathers Ethereum’s thought leaders following the recent successful execution of the Shanghai Upgrade and the upcoming danksharding upgrade in the fall that will boost Ethereum’s scalability. PARIS, France – July 2023 – EthCC (Ethereum Community Conference), the largest annual European Ethereum conference created for the community, by the...Read More
[PRESS RELEASE – New York, New York, June 15th, 2023] Parcl’s market expansion increases access to investors seeking exposure to real estate prices via Real World Asset (RWA) Indexes Parcl, the leading blockchain-powered real estate trading platform, announced today the launch of Austin, TX, to its ever-growing list of tradable city indexes. In addition to...Read More
Decentralized finance continues to forge a new path in the financial landscape, offering users novel avenues for earning income while retaining control over their funds. In the Kava/Cosmos ecosystem, one protocol is poised to become the go-to platform for lending and borrowing: Hover. With its innovative, non-custodial liquidity market protocol, Hover aims to revolutionize the...Read More
USDT’s minor deviation from the greenback sparked concerns that the world’s largest stablecoin could be under pressure. Curve’s 3Pool – one of the top pools for stablecoin trading – was flooded with USDT sellers, which essentially indicated that traders were accumulating other stablecoins. The move imbalanced the ideal breakdown of 33.33% for each of its...Read More
Hong Kong’s banking regulator is applying pressure on banks in the city-state, including HSBC and Standard Chartered, to take on crypto exchanges as clients, despite regulatory crackdowns in other parts of the world. At a meeting held last month, the Hong Kong Monetary Authority (HKMA) questioned the UK-based firms and Bank of China about their...Read More
[PRESS RELEASE – Singapore, Singapore, June 15th, 2023] Huobi, the virtual asset trading platform, announces Phase I of the Huobi Mars Program to kick off its ambitious plan to explore the universe. Get Huobi on Mars! By investing big in the space program, Huobi has shown its dedication as the leading cryptocurrency exchange for space...Read More
Bitcoin prices fell to $24,820 in early Asian trading on Thursday morning. It is the lowest the asset has traded for since March 16, three months ago. A thousand dollars was shaved off the price of BTC in less than an hour resulting in a daily loss of 3.6%. At the time of writing, BTC...Read More
The US affiliate of the cryptocurrency platform Bittrex will reportedly allow user withdrawals on June 15. The upcoming permission comes a few days after US District Judge Brendan Shannon from the Delaware court signed the order. American regulators have targeted Bittrex in the past several months, accusing it of violating anti-money laundering procedures and investor...Read More
An analyst who accurately predicted the bottom of the 2018 bear market for Bitcoin (BTC) suggests that the ongoing correction for the cryptocurrency is not yet complete. Analyst Bluntz, anticipates a brief rebound for Bitcoin before it continues its downward trend. The trader points to the bearish chart of Bitcoin as an indication that more...Read More
