Celsius raised $20.46 million from 1039 investors in June 2020. Dixon’s organization came up with a solution that saved consumers approx $72M. BnkToTheFuture and its co-founder Simon Dixon have volunteered to help Celsius by applying the same “financial innovation” utilized in 2016 to preserve cryptocurrency exchange Bitfinex from insolvency. A
The request significantly differs from the daily average of 2k requests/5min. The company had received a ransom demand from the hackers. On June 18, a major denial-of-service assault targeted Tether, one of the world’s biggest cryptocurrencies, by market capitalization. Tether’s Chief Technical Officer, Paolo Ardoino, tweeted that the company had
Schiff has been outspoken about his disapproval of cryptocurrency. Investors are worried about the future and desperate to see a rebound. Despite his position as Euro Pacific Capital’s chief economist and global strategist, Peter Schiff isn’t hesitant to take on the pro-Bitcoin proponent’s front. And it’s evident that many people
Margex, the fastest-growing cryptocurrency trading platform, recently announced a series of major updates, including cross-margining and a host of new trading pairs. Expanding on Flexibility Margex’s ever growing list of features now features both isolated and cross margin in a single account trading interface, allowing users to seamlessly switch between
According to reports, the 3AC “liquidation” reached at least $400 million. According to Dune Analytics, 3AC’s portfolio allocation is $372.47 million. Digital currency hedge firm Three Arrows Capital (3AC) may face insolvency, according to sources who spoke to The Block writer Frank Chaparro. According to reports, the 3AC “liquidation” reached
AEX stops BTC and top altcoins withdrawal. The halt is said to be for a period of 2 to 3 days. Mounting up liquidity and fera the reason for such halts. The AEX, a global crypto exchange based in Seychelles has socially announced the stopping of withdrawals of the Bitcoin
Jurrien Timmer, Director of Fidelity Investments, shows concern about the fact of bitcoin being oversold. Fidelity is one of the giant investors in the cryptomarket with a $4.5 trillion hold. Timmer portrayed his thoughts in the tweet with concerned charts and data. Another way to highlight this is by overlaying
3AC in liquidation of $400 million. Transfers $90 million worth FTT on KuCoin. Refrains FTX from tracking its transactions. The Three Arrows Capital (3AC) has been facing quite tough times recently. Indeed, the entire crypto-based firms and institutions are undergoing the same pain. The Dubai-based crypto funding firm is under
NEXO dips 40% in 3 days. Nexo denies any partnership with Three Arrows Capital (3A). NEXO ought to bounce back once the market crisis is over. It’s so far been more than five days since the market crash started once again, and yet still persists. Moreover, it seems this condition
MicroStrategy transferred 2089 BTC to anonymous wallets on Monday. MicroStrategy shares have been down 32.95% and Bitcoin by 11.18% in the last 24h. The extreme volatility in the crypto market accelerated the Bitcoin market-sell off. The dominant crypto has breached below the $21,000 level. Due to this, traders continue to
