Crypto News
Sequoia Capital claims that its FTX investment is now worthless
Sequoia Capital, a leading venture capital firm, stated in a letter to its limited partners that the value of all…
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Crypto News
Binance stops pursuing the acquisition of FTX exchange
Binance CEO Changpeng Zhao has backed out of acquiring the bankrupt FTX exchange. Zhao provided numerous reasons to support his…
Blockchain News
Solend is at risk of incurring bad debt as a result of a large lending position that is now underwater
A significant lending position on the Solana-based lending platform Solend is now underwater, but infrastructure issues are preventing it from…
Crypto News
The US Justice Department joins the SEC in its investigation of FTX
The Department of Justice (DoJ) and the Securities and Exchange Commission (SEC) are collaborating to investigate FTX's subsidiary in the…
Crypto News
$5.3 million Boost for Tron but doubt still lingers
Tron regularly keeps in touch with its client base via its official Twitter handle. Recently, the firm has sent out…
NFT News
OpenSea promises to enforce NFT royalties
OpenSea, an NFT marketplace, declared this afternoon that it would keep enforcing creator royalty fees in the future. Following strong…
Crypto News
The crypto market cap loses over $100 billion after Binance walked away from FTX deal
With Bitcoin falling below $16,000 for the first time in many months, the cryptocurrency market is currently in a bleeding…
Crypto News
Polygon (MATIC) surges by around 13% in the last 7 days
Since breaking out of a rising wedge pattern last week, Polygon (MATIC) has been moving higher. MATIC has increased over…
Crypto News
In 6 months, Polygon (MATIC) has added 46 million addresses
Over the last six months, the Polygon (MATIC) network, an Ethereum layer-2 scaling solution, has added more than 46 million…
Crypto News
Israeli crypto was the target of new tactics by North Korean hackers
According to reports in Israel, North Korean hackers have attempted to steal money from an Israeli cryptocurrency company using "unfamiliar…
Crypto News
Dubai’s luxury 5-star hotel, W Hotel’s The Palm now accepts SHIB as a payment method
Shiba Inu tokens are now accepted as a payment mechanism in Dubai's luxury 5-star hotel brand, W Hotel's The Palm,…
Crypto News
Some Crypto Exchanges Already Secretly Insolvent, says Bankman-Fried on June 28, 2022
According to Forbes, after bailing out shaky digital currency platforms BlockFi and Voyager Digital, Sam Bankman-Fried, the 30-year-old billionaire creator…