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Search Results for: liquidation

Collapsed Australian Crypto Exchange TrigonX All Set To Relaunch

After collapsing in December with debts of more than $50 million, Australian crypto exchange TrigonX is the latest comeback story to emerge from the FTX failure. The Australian reported on May 29 that TrigonX director Matteo Salerno said the crypto exchange will be revived once a deed of company arrangement

May 30, 2023 1 min read

Top NFT Projects Witness Significant Investment Plunge

The past few years have witnessed an immense wave of excitement and hype surrounding the world of NFTs. Although, reports indicate that NFT investments in popular projects like Doodles, Invisible Friends, Moonbirds, and Goblintown have plummeted by as much as 95% in Ether value. On average, the worth of renowned

May 30, 2023 1 min read

Bitcoin Core 25.0 Sets the Stage for a Crypto Revolution

The cryptocurrency landscape is entering a new phase with the latest introduction of Bitcoin Core version 25.0. According to updates, this new iteration signifies a significant leap in the Bitcoin protocol’s progression, showcasing a plethora of feature upgrades. Alongside these advancements, it also brings numerous bug resolutions and substantial performance

May 26, 2023 2 mins read

Bulls and Bears Waiting for the Next Cycle as Bitcoin Halving Approaches

The impending Bitcoin halving event has caused a rift among market participants in the world of cryptocurrencies. However, it created an optimistic outlook while others take a cautious attitude. The cryptocurrency world is anxiously anticipating the potential market repercussions as the countdown to the subsequent Bitcoin halving at block 840,000

May 26, 2023 2 mins read

New NFT Loan Feature Introduced by Binance NFT

As of right now, users of Binance NFT will be able to borrow cryptocurrency using their NFTs as security. Users will be able to swiftly and simply access liquidity by borrowing ETH against their NFTs thanks to the loans, which will be made available with a few high-profile NFT projects

May 25, 2023 2 mins read

Blur Announces a Feature Repaying the Borrowed ETH Loans

Blur, a prominent NFT marketplace announced that the ETH borrowing platform unveils a groundbreaking feature that provides borrowers with greater flexibility in repaying their loans. Instead of the traditional requirement to repay the entire loan amount at once, borrowers can now make small, incremental payments over time. 1/ 🚨FEATURE ANNOUNCEMENT🚨

May 25, 2023 2 mins read

Voyager Customers Get 35% Crypto Reclaim: Compensation Arrives

In the aftermath of a failed acquisition by Binance.US, Voyager Digital, a crypto lending firm, has announced that its customers will be able to reclaim approximately 35% of their cryptocurrency deposits. As the company prepares to conclude its operations, this measure aims to provide some compensation to affected users. Judge

May 18, 2023 2 mins read

Soluna Holdings Reports Q1 Results

Ramps Project Dorothy and Kicks Off New Business Plan ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, reported financial results for the first quarter ended March

May 16, 2023 8 mins read

Bitcoin Stumbles at $26K, While Memecoin Mania Takes Over the Crypto Market

Today’s Bitcoin price analysis indicates the king coin has followed a declining trendline since recording a 12% price decline from a high of $29,865 on May 6. The price has dropped to as low as $26,166.87 on some exchanges, indicating a 3.16% dip in the last 24 hours. The current

May 12, 2023 2 mins read