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 On Thursday, Jacobi Asset Management announced that it would introduce the first exchange-traded fund (ETF) for bitcoin in Europe on the Euronext exchange. The company announced that its Jacobi Bitcoin ETF would begin trading on Euronext Amsterdam in…
Key Takeaways BabyElon project has seen a sharp price drop of more than 98% on June 8th, 2022. Not much information is available about this project. It is not listed on any major crypto exchange, and we could not find…
Key Takeaways Swello Finance has seen a sharp price drop of more than 100% on June 26th, 2022. The developer hired from Upwork stole funds worth around 210k. Below is a quick overview of this project. Swello Finance has described itself…
Key Takeaways In response to the Securities and Exchange Commission (SEC) rejecting its request to convert its Grayscale Bitcoin Trust (GBTC) into a spot-based Bitcoin exchange-traded fund, Grayscale Investments has filed a lawsuit against the SEC (ETF). In response to…
VET is a coin of the platform VeChain. Its current price is around $0.02304 by the time of writing, with a low of $0.02012, and has a market cap of 1.6 billion dollars. What is VeChain? VeChain is a blockchain that’s made…
BCH is a coin of the platform Bitcoin Cash. Its current price is around $106.4 by the time of writing, with a low of $102.08, and has a market cap of 2 billion dollars. What is Bitcoin Cash? Bitcoin Cash is a…
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…
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