Wintermute borrowed $92.5 million for a duration of 180 days. Now Wintermute owes $75M to Maple Finance and Clearpool. Concerns about paying back $189.4 million in debt arose when crypto market maker Wintermute lost $160 million in a hack. Excitingly, on Oct. 15, Wintermute repaid a $92 million Tether (USDT)
October 16, 2022 1 min read
The collection was released this week to coincide with MOTU’s 40th anniversary. Each MOTU drop, as stated by Cryptoys, will include 10,000 toys for each character. Cryptoys, a new non-fungible token (NFT) platform, and Mattel, Inc., a toy and game manufacturer, announced on Wednesday their intention to release a digital
October 16, 2022 2 mins read
As of the 2022 proxy statement, he had a 16.1% investment in Coinbase. Shares of Coinbase (COIN) dropped by more than 8% on Friday. Brian Armstrong, CEO of Coinbase, said on Saturday that he would sell his 2% ownership in the company over the next year to fund research and
October 15, 2022 1 min read
Tokens for more than a dozen pieces from the Kharkiv Art Museum have been announced for release on the NFT marketplace of Binance, the world’s biggest crypto exchange by trading volume. This museum has one of the oldest and most significant art collections in all of Ukraine. Binance said in
October 15, 2022 2 mins read
Interest rates on these loans will be between 5% and 10%. In a blog post, the exchange announced its plans to provide cloud mining services. Binance, a prominent cryptocurrency exchange, has been charging forward with several different projects despite the weak market. The Bitcoin (BTC) mining business has once again
October 14, 2022 1 min read
Commercial papers are short-term, unsecured debt instruments. The company had pledged to eliminate its commercial paper entirely by year’s end. One of the biggest stablecoin, Tether (USDT), has been in the news for a few different reasons recently. Although not everything that happened had a happy ending. An objection was
October 14, 2022 1 min read
STEPN’s popularity drastically declined in the month of July. The firm stated the accusations “baseless claims that are factually inaccurate.” According to reports, the “move to earn” fitness app has let go of more than a hundred independent contractors. According to the South China Morning Post and crypto analyst Colin
October 13, 2022 1 min read
The measure was presented in the lower house of Kazakhstan’s parliament. With the new license system comes a new taxation mechanism for crypto miners. One of the most popular places for cryptocurrency miners to set up shop is Kazakhstan, which is why the government there is considering making mining licenses
October 13, 2022 2 mins read
At the moment, over 1,200 crypto trading pairings are available on KuCoin. As of now, investors in over 200 nations may make use of it. KuCoin, a leading cryptocurrency exchange platform, has announced a series of events to mark the company’s fifth anniversary and the global launch of many new
October 12, 2022 1 min read
San Marino will be the location of its new headquarters. VeChain’s two new European offices are up and running with hiring underway. VeChain has announced that it would be hiring more European employees. Over one hundred additional developers will be hired in Europe to “pushing out new tools, technologies, developer
October 12, 2022 2 mins read