Hodlnaut Encounters A Financial Deficit Of $193 Million: Report
A report published by the Block states that the crypto lender platform Hodlnaut is currently facing a financial deficit of...
Ethereum
Pudgy Penguins NFT Collection Sees 400% Increase In The Depths of The NFT Bear Market
Pudgy Penguins’ strength in the bear market depths could indicate the collection’s blue-chip potential.The NFT collection has increased approximately 400%...
Potential BAYC NFT Liquidations Could Cause An Overall NFT Market Downturn
Bored Ape NFT liquidation cascade is inevitable according to Web3 launchpad founder “DoubleQ”Many BAYC holders who deposited on BendDAO in...
Huobi Explains Why It’s Stablecoin HUSD Depegged From Its $1 Value
Huobi team has tweeted the reason explaining why its stablecoin HUSD briefly lost its peg to the US dollar Per the...
Redlight Finance Launches New Blockchain Gasless Solutions through $REDLC
Redlight Finance, a technology company that provides a full crypto technology platform, is introducing Redlight Chain, a Layer 1 EVM...
Tether’s (USDT) $8.5 Billion Commerical Paper Holdings Validated By BDO Audit
Summary: USDT stablecoin issuer Tether released the latest report on its reserves.The report was independently audited by BDO, a major...
Canadian Regulator Limits Crypto Exposure for Banks and Insurers
Canada’s OSFI has created interim rules limiting banks’ exposure to cryptocurrencies.The rules will come into effect in the second quarter...
Hodlnaut Lays Off 80% Of Its Staff To Reduce The Firm’s Expenditure
Crypto lender platform Hodlnaut has laid off 80% of its staff In a blog post published Friday, the firm added how...
BitMex Founder Arthur Hayes Says He Is “Max Bidding” Ethereum Pre Merge
Former Bitmex CEO Arthur Hayes expects a significant increase if the Merge is successful; therefore, he is not planning a...
Huobi Exchange’s HUSD Stablecoin Loses Its Peg To The US Dollar
Stable Universal’s HUSD stablecoin has lost its peg to the US dollar The stablecoin was earlier launched in 2018, in collaboration...
CME Unveils Ether Futures Options Launch On September 12 Before Ethereum’s PoS Merge
Summary: Major derivatives marketplace CME Group announced an addition to its crypto offerings on Thursday.The firm plans to launch options...
16 Crypto Exchanges Identified By South Korean Regulators For Illegal Operations
Summary: The Korea Financial Intelligence Unit announced a crackdown on illegal virtual asset service providers.Authorities named 16 crypto exchanges in...
Solana-Based Phantom Wallet Introduces the “Burn NFTs” Mechanism To Help Users Remove Spam NFTs
The new burn NFT feature launched by Phantom will help users to permanently burn spam NFTsThe initiative has been launched...
What is Dogechain? The Reason Behind DogeCoin’s Massive Rally
TL;DR The leading meme coin, $Doge, is expanding its utility with the launch of the blockchain platform Dogechain.Dogecoin holders can...
Canadian Pension Fund CDPQ Writes Off $200 Million Worth Of CAD Investment To Celsius Network
Canadian investment management firm CDPQ has written off its $200 million investment to Celsius networkThe firm had earlier invested its...
