Tue, July 21

KuCoin CEO Johnny Lyu Refused LUNA Exposure Rumors

KuCoin exchange just completed a $150 million fundraising. Spot Grid’s PRO version has been launched by KuCoin. The cryptocurrency exchange KuCoin has denied claims that withdrawals would be halted on their platform due to significant losses caused as a result of the LUNA disaster. The CEO of KuCoin, Johnny Lyu,

July 2, 2022 2 mins read

FTX Exchange and BlockFi Agree on Mutual Acquisition Terms

FTX US has inked a term sheet that allows for a takeover of the ailing crypto lender. BlockFi would take care of its customers before it had to make good on its debt to FTX. FTX US, the U.S. section of the crypto exchange run by billionaire Sam Bankman-Fried, has

July 2, 2022 2 mins read

Cardano Stablecoin Djed to Be Accessible on Trading Tent

Cardano COTI has partnered with Trading Tent making Djed accessible on that platform. The current price of Djed is 2.27933 ADA with a circulating supply of 525,106. Cardano COTI partnered with Trading Tent to access NFT using Cardano stablecoin Djed. Though all of the crypto markets seem in a downtrend

July 2, 2022 2 mins read

Binance Exchange Collaborates With TikTok Sensation ‘Khaby Lame’

Binance has claimed that it intends to dispel any misunderstandings about Web3. The TikToker stated that he has been interested in Web3 for some time. A worldwide brand ambassadorship with Khaby Lame, the Italian-Senegalese sensation who rose to popularity after his TikTok videos went viral, has been announced by cryptocurrency

July 1, 2022 2 mins read

FTX Exchange CEO Reveals More Crypto Firms on Brink of Collapse

BlockFi received a $250 million line of credit from FTX. Massive leverage is the root of many problems afflicting the crypto community. The current bear market and the aftermath of Terra LUNA and UST last month have significantly impacted the crypto industry. The demise of Terra set off a chain

June 30, 2022 2 mins read

Coinbase Shares User Data to US Government as per Reports

Director of Tech Inquiry Jack Poulson was able to get a contract. There was already a three-year agreement between the ICE and the crypto exchange. Coinbase, a well-known crypto exchange, is reportedly planning to provide information on its customers to US Immigration and Customs Enforcement (ICE). Director of Tech Inquiry

June 30, 2022 1 min read

Best Crypto Trading Tools for Crypto Newbies

According to the latest market overviews from Forbes, now there are nearly 600 crypto exchanges worldwide. No wonder newbies get lost when they try to find the best place to trade crypto. These days, when all eyes are on the crypto crash and investors doubt whether they’ll get over it,

June 29, 2022 4 mins read

CoinFLEX CEO Confirms Twitter Users Claim of Roger Ver Owing $47M

FatMan first raised concerns about the debt and turned to Twitter to address it. Ver is legally obligated to maintain negative equity on his account. Mark Lamb, CEO of CoinFLEX, claims Roger Ver, CEO of Bitcoin.com, owes the exchange $47 million USDC. To clear things up, Ver tweeted this response

June 29, 2022 2 mins read

Huobi Global Plans to Layoff 30% of its Personnel Due to Multiple Factors

Huobi had to remove its Chinese customers by the end of December last year. Huobi has secured additional licenses in New Zealand and the United Arab Emirates. Huobi Global, one of the world’s leading cryptocurrency exchange, is considering laying off more than 30 percent of its workers, according to crypto-journalist

June 29, 2022 2 mins read

Crypto Lender BlockFi Licensed to Expand Services Lowa

Iowa residents can trade stablecoins in the state with help of BlockFi. BlockFi Reduced its workforce by 20% this month. On June 28, BlockFi a crypto lending platform based in Jersey announced that it has received a money service license in Iowa,  just two weeks after being fined by Iowa

June 29, 2022 2 mins read