FTC reports show the increase in the crypto scam targeting the LGBTQ+ community. The govt. agency warns to be aware while contacting unknown sources via the internet The June pride month has also influenced the crypto scammers. According to the report submitted by the Federal Trade Commission (FTC) at the
Crypto.com removed a total of 15 altcoins from its crypto earn rewards program. In addition, the exchange added 3 more cryptocurrencies. On Monday, Crypto.com, the world’s leading Singapore-based cryptocurrency exchange platform made significant changes to its Crypto Earn rewards program by removing Shiba Inu (SHIB), Dogecoin (DOGE), and 13 other
As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help
$64 million are remaining in the hacker’s Ethereum wallet after siphoning. Harmony reassured its customers that the theft had no effect on its BTC bridge. According to PeckShield, the hackers who stole $100 million in Altcoins from the Horizon Bridge of the Harmony Protocol have started to launder the money.
Sam Bankman-Fried disclosed a 7.6% stake in Robinhood. Following the report, Robinhood surged over 14%. The cryptocurrency exchange FTX said to consider acquiring the digital trading platform Robinhood, a prominent Magazine reported on Monday. Robinhood has not yet received a formal notice from FTX of any such acquisition and there
Ardoino said the team had handled 16 billion in redemptions in more than a month. Tether’s resilience and stability were repeatedly emphasized by Ardoino. Tether’s CTO Paolo Ardoino has discussed attempts by conventional hedge funds to short USDT. A Twitter thread started by Ardoino described the assaults as a “new
Almost $4 billion in mining-rig-backed loans are in jeopardy. Bitcoin miners who need to sell would continue to exert downward pressure. Miners have been hit hard by the 21% decline in the price of bitcoin (BTC) since it peaked two weeks ago. According to a Bloomberg report, some mining-machine-backed debts
Banxa will allegedly reduce its workforce from 230 to 160 personnel. European Managing Director Jan Lorenc plans to depart the business in European market. According to Banxa, a crypto payments service provider, 30 percent of its workforce will be let off as a cost-cutting measure during the current bear market.
Voyager said that it had asked for a partial $25 million USDC repayment by June 24. Alameda has already given Voyager a line of credit to keep solvent. After pledging to prosecute cryptocurrency hedge fund Three Arrows Capital (3AC) for unpaid debt, Voyager Digital has followed through. To put it
Global Emerging Markets (GEM) has announced a $200 million financial injection to drive adoption, grow the company, and strengthen innovation for the CeDeFi exchange, Unizen. The money is tied to certain milestones and results to make the initial investment as efficient as possible. On the 27th of June 2022, Unizen
