A vote permitted LPs to withdraw liquidity from pools or unstake LP tokens. There was a reported minting mistake of 3.022 billion aUSD. The Acala Network said on Monday that it has resumed operations after the mining failure involving its stablecoin aUSD. Thanks to a vote permitting LPs to withdraw
September 27, 2022 2 mins read
Voyager’s existing CEO, Stephen Ehrlich, will act as interim CFO. This past July, Voyager declared bankruptcy under Chapter 11. During the COVID-19 epidemic, crypto lenders like Voyager saw an influx of customers attracted by the high-interest rates and convenient loan terms they provided compared to conventional financial institutions. CFO Ashwin
September 26, 2022 1 min read
This plainly demonstrates that Bitcoin investors continue to be exceedingly cautious. The BTC Fear and Greed Index is approaching “extreme fear” territory. Bitcoin (BTC), the biggest cryptocurrency by market cap, is still being heavily sold off as global market volatility persists. Bitcoin’s value dropped below $19,000 over the weekend, and
September 26, 2022 1 min read
Only two Canadian crypto exchanges, including Coinsquare, have pre-registered with authorities. Justin Hartzman co-founded CoinSmart and has served as its CEO. After Coinsquare, one of the major digital asset trading platforms in Canada, purchased CoinSmart for an unknown price, the country’s cryptocurrency exchange scene seemed to be solidifying. Thursday, Coinsquare
September 24, 2022 2 mins read
The price of XRP soared 50% in the last 7 days as per CMC. Both Ripple and the SEC had filed petitions for summary judgement. After a good week of gains, and with investors hoping the SEC’s case against Ripple may soon be coming to a conclusion, the price of
September 24, 2022 2 mins read
Back in April, the firm said that work had begun on a Granbury, Texas, co-location plant. Compute North has at least 200 creditors who are owed a total of almost $500 million. Cryptocurrency startups have had a rough winter. It has impacted the day-to-day operations of some organizations by creating
September 23, 2022 2 mins read
U.S. citizens cannot use the app because of the recent sanction. Ethereum developers found the original code for the program was once again on GitHub. The Tornado Cash Ethereum currency mixer has been restored to the GitHub website. Tornado Cash, which provides an anonymous means of sending and receiving Ethereum,
September 23, 2022 2 mins read
The long-awaited update will roll out over the course of five days. In the future, Vasil will improve several facets of the Cardano blockchain. The Vasil hard fork for Cardano has arrived. The long-awaited update to the Layer 1 blockchain will roll out over the course of five days, beginning
September 22, 2022 2 mins read
The Nomura Holdings, a behemoth of the Japanese investment banking industry, has announced its entry into the cryptocurrency market. With a flurry of “new services and product lines” expected to debut over the next several months. Nomura is not just one of Japan’s oldest but also one of its biggest
September 22, 2022 2 mins read
Early this month, on September 13th, the auction of Voyager Digital assets got underway. The company’s total liabilities were $4.9 billion at the time. Binance and FTX, the two largest cryptocurrency exchanges, are reportedly competing to purchase the assets of defunct cryptocurrency lender Voyager Digital. Voyager filed for Chapter 11
September 21, 2022 1 min read