Bankruptcy proceedings have been halted, and client funds have been frozen. EquitiesFirst seems to be a creditor of crypto hedge firm Three Arrows Capital (3AC). EquitiesFirst, a single counterparty that owes Celsius $439 million, has been making monthly payments of $5 million to clear its debt with the company. Due
July 17, 2022 2 mins read
On July 6, the network successfully completed the Ethereum Sepolia testing run. There were no serious issues after the shadow fork deployment. In the last 24 hours, Ethereum (ETH) has risen 12.76 percent, pushing it beyond the $1,200 mark. One of Ethereum’s final tests before the Merge was successfully tested
July 15, 2022 1 min read
Before July 19, the company recommended customers remove their cash. CoinPayments blamed it on new Anti-Money Laundering (AML) legislation. Shortly after several firms went down, the crypto sector was hit with a lengthy bear market. As a result of the recent increase in market volatility, the crypto ecosystem is also
July 15, 2022 1 min read
Co-funded by the UK government’s R&D department, Millicent, a distributed ledger fintech business, has completed the world’s first test of a Full-Reserve Digital Currency (FRDC). With Millicent’s FRDC, the central bank receives 100% of the collateral in the form of liquid ‘cash’ deposits held in a ringfenced account under the
July 14, 2022 4 mins read
The ordinary user benefits from increased openness, accessibility, and profitability. The company also announced a list of six firms that would participate in the initiative. It was stated that Disney’s 2022 Accelerator program would focus on augmented reality (AR), non-fungible tokens (NFTs), and artificial intelligence (AI) characters in this year’s
July 14, 2022 2 mins read
Other NFT projects have benefited from OnePlanet’s assistance in switching to Polygon. The play-to-earn game Derby Stars is moving to Polygon. Nearly half of Terra-based crypto projects have found new life on Polygon after the unsuccessful Terra ecosystem was abandoned. CEO of Polygon Studios Ryan Wyatt took to Twitter on
July 12, 2022 2 mins read
The perpetrators had stolen ETH from victims as well as ERC20 tokens and NFTs. The Uniswap team responded that the attack was part of a phishing scheme. At least $4.7 million worth of Ethereum was stolen in a sophisticated phishing attempt targeting Uniswap v3 protocol liquidity providers (LPs). On the
July 12, 2022 2 mins read
Coutts voiced his joy at the extent of Cardano’s current development. Cardano has been down 3.41% in the last 24 hours. Former Cardano technical contributor John Alan Woods, who is now starting his journey as Algorand’s CTO, received high praise from Cardano creator Charles Hoskinson. “Algorand is an excellent project
July 11, 2022 2 mins read
Colombia’s first national land registry on the XRPL blockchain had been announced. A testnet for XRP Ledger’s smart contracts has been launched. Although the market is down and there is a Ripple litigation going on, the XRP community remains upbeat about the XRP price. Valhil Capital CEO Jimmy Vallee and
July 11, 2022 2 mins read
Voyager announced its Chapter 11 bankruptcy filing on Wednesday. An insured bank must provide $250,000 in insurance to each of its customers. As confirmed by an FDIC official, Reuters reported on Thursday that the Federal Deposit Insurance Corporation (FDIC) is investigating Voyager Digital Ltd. (TSE: VOYG) and its promotion of
July 9, 2022 2 mins read
