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Fairshake, the crypto Political Action Commitee (PAC), is spending money in a Bay Area House contest that was already decided once this…
Key Takeaways: The Monetary Authority of Singapore plans to set up a regulatory body globally. MAS still does not support investments in cryptocurrency. As the crypto market is going through a major crash at the moment, the volatility has soared,…
Key Takeaways: Solana-based liquidity protocol, Crema lose $6 million on a recent attack. The hacker has already liquidated 90% of its reserves. On July 3, Crema Finance, the first concentrated liquidity protocol took to Twitter to announce that its protocol…
Key Takeaways: FTX acquires BlockFi for “pennies on the dollar”, states CNBC. The deal is expected to be finalized by the end of the week. After the news of Musk taking over Twitter, another acquisition that seems to have created…
Key Takeaways: Coinbase has announced the unification of USD and USDC order books on the exchange. All open orders will be canceled on July 13. On June 30, Coinbase Exchange announced on Twitter that they will soon unify USD and…
Key Takeaways: Polkadot to incorporate new governance. It will make starting a referendum and voting easier. With the recent market crash and insolvency rumors of big crypto firms making rounds in the market, regulators are constantly monitoring the market. Alongside,…
Key Takeaways: Three Arrows Capital plunges into liquidation. The reason behind the insolvency is the recent market crash. A court in British Virgin Islands ordered its liquidation in 29 July 2022. Recently, rumors of insolvency of one of the largest…
Key Takeaways: Few Companies in bitcoin mining industry is struggling. An analyst explains the key factors responsible for surviving in the industry. The Bitcoin mining industry has been the topic of controversy since its inception. Authorities and the public have…
Key Takeaways: The Grayscale will complete the conversion of GBTC to an ETF. The CEO re-iterates all the successful steps taken so far. In a letter written to investors on Monday, CEO of Grayscale Investments, Michael Sonnenshein wrote that his…
Key Takeaways: dYdX to launch its own block chain, Cosmos SDK. It will be ready for launch by the end of the year. With major dumps happening in the crypto market today, consumers are worried about another dump being on…
Key Takeaways Coinbase will collect information for off-the platform transfers from citizens in the Netherlands. The change has been introduced to comply with local regulations. The volatility of the crypto market is rising, and therefore, regulators are keeping a strict…
