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CoinFlex Files for Restructuring Amid Alleged ‘Bitcoin Jesus’ Default
Coinflex has filed for restructuring in a Seychelles court, according to a report from Bloomberg: Coinflex is a derivatives exchange that ha...
Hotbit Exchange Suspends All Services Due to Ongoing Criminal Investigation
The old crypto adage “not your keys, not your coins” is relevant once again this week after popular crypto exchange Hotbit halte...
Metaverse Real Estate Bubble Pops, Prices Crash 85% Amid Waning Interest
Not even the metaverse is exempt from housing bubbles as virtual property sales have plunged 85 percent in 2022, according to recent analyti...
Despite Downturn, Crypto Fundraising Outpaces All of 2021
The cryptocurrency sector has generated over US$30 billion in fundraising in the first half of the 2022 fiscal year – more than the en...
Key Miner Plans to Derail ETH’s Transition to Proof-of-Stake
The Ethereum Merge – the term used to describe Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) – is...
This Bear Market May Last Longer Than Others, On-Chain Analytics Firm Suggests
The cryptocurrency market has been rocked in the past couple of months due to several key factors within the industry but also by events at ...
Aave DAO Approves Creation of Yield-Generating Algorithmic Stablecoin ‘GHO’
The Aave DAO (Decentralised Autonomous Organisation) has approved the creation of a yield-generation stablecoin called GHO. Aave is one of t...
KuCoin Becomes First Exchange to Offer NFT ETFs
Popular crypto firm KuCoin has become the first centralised exchange to launch a non-fungible token exchange-traded fund (ETF), as per a rec...
Japan’s Ministry of Economy Launches Web3 Policy Office
Japan’s Ministry of Economy, Trade and Industry (METI) has established a Web3 policy office within the Minister’s Secretariat in...
Solana in Pole Position to Challenge Ethereum NFT Dominance, Report
Data from crypto platform Messari reveals that Solana (SOL) could become the biggest challenger to Ethereum’s NFT market dominance. In...
Institutional Investors Have Sold $5.3 Billion in BTC Since LUNA Bust
Institutional investors have sold at least 236,000 bitcoin since the UST/LUNA collapse in early May, which roughly translates to over US$5.3...
One Billion Crypto Users Predicted by 2030: Global Research Report
A joint report published by Boston Consulting Group, Bitget and Foresight Ventures predicts global crypto adoption could surge to 1 billion ...