Following the BTC price crash in Q2 2022, Tesla had to suffer major impairment losses which negatively impacted the company’s profitability.
Voyager said that the proposal put forward by FTX benefits only FTX and Alameda customers and not Voyager customers.
Tesla said that the company has been facing cash crunch due to COVID lockdowns in China. Thus, it decided to sell its BTC to build the cash reserves in April 2022.
The Chapter 11 bankruptcy will help Celsius preserve its customers assets while undergoing the restructuring process.
Munger said that his only advise to people will be “Never touch it. Never buy it. Let it pass by”.
The attackers sent malicious tokens to over 73,399 address on Uniswap while creating a false impression of a $UNI airdrop based on their LP’s”.
The lawsuit notes that Celsius lured investors by promising higher interest rates for accepting their interest payments in its native crypto CEL.
Mt. Gox has asked creditor to select the choice of repayment process and undergo due registration process to receive their funds.
After the successful activation of The Merge upgrade on Ethereum Sepolia testnet, the last final implementation shall be on the Georli testnet.
Voyager Digital files for bankruptcy and further begins the restructuring process to meet certain financial obligations.
Meta has asked Novi users to withdraw their balances as soon as possible. Meta said it will use Novi’s assets into its other digital products.
El Salvadors total Bitcoin stockpile surges to 2,381. Deutsche Bank analysts believe Bitcoin holds the potential to touch $28,000 by the year-end.
The EU negotiators said that the “travel rule” of the traditional finance shall also be applicable to crypto assets.
Grayscale’s attorneys said that the SEC has been showing inconsistent behavior towards similar investment vehicles.
Tether CTO has called its a coordinated attack by hedge funds with an attempt to creating FUD over its USDT reserves.
Harmony also added that if the hackers returned the funds, they will not initiate criminal charges.
The Saga handset from Solana will have a decentralized app store featuring Web 3.0 applications.
Lagarde said that MiCA II should deal with regulating the activities in the crypto staking and lending market.
Peirce said that crypto doesn’t have a bailout mechanism and believes that over leveraged players shouldn’t get a bailout due to their unwanted risks.
World’s richest man Elon Musk said that he will continue supporting Dogecoin and will keep buying more DOGE.