Terra Case Continues, South Korean Investigators Storm 7 Crypto Exchanges
Summary: Investigations into Terra’s collapse continue with fresh efforts from local authorities.South Korean prosecutors raided seven exchanges on Wednesday as...
Ethereum
Crypto Exchange Zipmex Halts Withdrawals, SBF’s June 29 Third-Tier Platform Prediction Resurfaces
Summary: Asian-based crypto exchange Zipmex has paused withdrawal effective immediately.Financial difficulties and volatile market conditions were cited as the primary...
Crypto Regulation Bill May Face Senate Vote Only Next Year: Senator Lummis
Senator Lummis made the remarks at the Bloomberg Crypto Summit.The crypto bill will have to be reviewed by multiple Senate...
NFT Influencer Zeneca’s Twitter Account Gets Hacked In A New Phishing Scam
NFT influencer Zeneca’s account was hacked in a phishing scamThe hacker posted a fake airdrop message to trick users into...
Ripple’s General Counsel: No Country, Including the US, Has Determined XRP to be a Security
Summary: Ripple’s General Counsel, Stuart Alderoty, has pointed out that no country, including the United States, has determined that XRP...
Twitter Wins the First Round Against Elon Musk as Judge Orders an October Trial
In brief: Judge Kathaleen McCormick, who is handling the Twitter lawsuit against Elon Musk, has set an October hearing for...
Bitcoin May See Another 5 – 6 Months of Downward or Sideways Price Movement – Grayscale Report.
In brief: The team at Grayscale has forecasted that Bitcoin could see another five to six months of downward or...
$500,000 Bitcoin Still Possible By 2027 – Mike Novogratz
Summary: Bitcoin proponent Mike Novogratz reaffirmed his infamous “$500K in 5 years” prediction during the Bloomberg Crypto Summit.Novogratz made similar...
Crypto.com Secures Crypto License In Italy
Summary: Major exchange Crypto.com has won a license to operate virtual asset services in Italy.The approval was granted by the...
Three Arrows Capital Claims Near $2.8B as Liquidation Process Intensifies
Creditors participated in a liquidator meeting on July 18.One attendee posted information from the meeting, saying that the claims were...
Celsius Network Introduces A New Recovery Plan In Its Debut Bankruptcy Hearing
Celsius’s debut bankruptcy hearing introduces alternatives for users to retrieve their funds back. The firm plans to make use of Bitcoin...
Gemini Crypto Exchange Reportedly Lays Off An Additional 7% of Its Staff
Summary: Gemini exchange has allegedly laid off 7% of its staff, with potentially more on the way. The crypto exchange...
Three Arrows Capital Owes Genesis Trading $2.36B – Report
Summary: Genesis Trading allegedly lent Three Arrows Capital $2.36 billion. Estimates had earlier put Genesis Trading’s losses due to exposure...
Bitcoin Turns Bullish, Attempts to Reclaim the 200 Week MA Ahead of Inflation Data from EU, UK, Canada, Japan This Week
Summary: Bitcoin has gained value from roughly $21.3k during the weekly close to a local high of $22.5k. Bitcoin is...
Three Arrows Capital Boss Su Zhu Files $5 Million Claim Against His Own Insolvent Crypto Hedge Fund
Summary: Three Arrows Capital co-founder Su Zhu is supposedly among the 3AC creditors.Zhu has filed a claim worth $5 million...
