Key Takeaways The filing lists Solana Labs, the Solana Foundation, Solana’s Anatoly Yakovenko, crypto VC giant Multicoin Capital, Multicoin’s Kyle Samani, and Trading Desk FalconX for allegedly violating SOL Security Laws. The filing described SOL as a highly centralized cryptocurrency…
Key Takeaways Alameda Research was Voyager‘s largest single creditor, with unsecured loans of $75m. 3AC is the largest borrower owing over $600 million to Voyager. On 1st July, Crypto lending platform Voyager Digital suspended withdrawals, trading and deposits citing difficult…
Key Takeaways Voyager filed for Chapter 11 bankruptcy on Tuesday. The platform has over 100,000 creditors and about $1 billion to $10 billion in assets. The now insolvent 3AC had defaulted on a $665 million loan to Voyager. Crypto lending…
Key Takeaways Selected blockchain projects will be provided up to $46 million in government subsidies starting from September. The Italian Ministry is incentivising companies to indulge in projects that deal with AI, the Internet of Things(IoT), and blockchain technology. On…
Key Takeaways According to the report, the current market conditions call for enhanced regulatory and law enforcement frameworks to address developments in crypto asset markets and activities. BoE states that a systemic stablecoin backed by a deposit with a commercial…
Key Takeaways Since July 1, WazirX, and CoinDCX, have witnessed their trading volumes slashed by at least 80%. According to crypto India, based on current volumes – India’s major Exchanges are able to generate trading fee revenue of only $1000-$3000…
Key Takeaways Since July 1, the platform has repaid $142.8 million worth of Dai (DAI) stablecoins across four separate transactions On July 4, the lending platform paid over $114 million to clear its bitcoin loan. Crypto Lending Platform Celsius has…
Key Takeaways The Bitcoin Black Card allows users to convert their Bitcoin (BTC) as well as other major cryptos into spendable cash. The crypto-powered premium credit card is accepted globally, and its members receive rewards of up to 10% back…
Key Takeaways Vauld believes suspension would help them facilitate their exploration of the suitability of potential restructuring options, together with their financial and legal advisors. The current market climate has led to a significant amount of customer withdrawals over $197.7…
Key Takeaways The Sango project includes building the world’s first legal Crypto Hub in the country, expanding Bitcoin adoption, and establishing a “Sango Island” with Metaverse features. In the Sango Crypto Island, users will be allowed to manage their NFTs…
