Gone in 60 seconds! This is what happened when Bitcoin-powered Twetch dropped its latest NFT collection, "Cozy Hoodie," during its launch on Wednesday this week.
CoinGeek's Patrick Thompson looks at how the speculative era is inching to an end following the recent events in Bitcoin that have had a domino effect on the broader digital assets market.
According to the BIS, the need for the project is due to "the collapse of many stablecoins and decentralized finance (DeFi) lending platforms."
Several “crypto hedge funds” have been rumored to be insolvent as they were exposed to digital currency prices via leverage, and somewhat linked to other companies that all have issues simply because the prices fell.
Celsius Network claimed that the freeze was in the interest of its customers, but regulators in Texas, Kentucky, New Jersey, and even the Securities and Exchange Commission are not taking their word.
Joshua Henslee released a video sharing his thoughts on why a second major crash in the digital currency sector is happening and why he thinks we’re entering a longer-term bear market.
The announcement follows reports over the past few days that the Celsius Network had been borrowing millions of dollars worth of USD stablecoins (USDC and USDT) to cover withdrawals.
Lido Staked Ethereum (stETH) has lost its peg to Ethereum (ETH), and the price of the Celsius Network token ($CEL) has plummeted 35% on the day—and 91% on the year—as of press time.
The U.S. securities regulator believes that these companies offer products that should be regulated as securities, months after going after Coinbase for its Lend product.
New Jersey regulators have extended the ban on BlockFi’s new interest accounts for the third time, this time to December 1, even as lending purge continues.
Authorities in the United States have reportedly expanded their investigation into Binance cryptocurrency exchange to include possible insider trading and market manipulation.