The crypto market saw more losses than profits on the last day of June 2022. Along with BTC, ETH, and SOL, stablecoins such as Tether, USD Coin, and Binance USD saw losses too. Surprisingly, Shiba Inu and Dogecoin managed to bring greens to the otherwise red crypto price chart.
BTC, ETH, SOL See Significant Dips as Most Altcoins Get Struck With Losses
Crypto Hedge Fund Three Arrows Capital Reportedly Enters Liquidation on British Virgin Islands Court’s Order
Crypto hedge fund Three Arrows Capital (3AC) has reportedly entered liquidation. 3AC is one of the higher profile crypto investors to have run into difficulties following the sharp sell-off in the market for digital currencies seen in recent months. Earlier, Bitcoin plunged some 37 percent in June, trading around $20,000 (nearly Rs. 16 lakh) on Wednesday.
Crypto Hedge Fund Three Arrows Capital Reportedly Enter Liquidation on British Virgin Islands Court’s Order
Crypto hedge fund Three Arrows Capital (3AC) has reportedly entered liquidation. 3AC is one of the higher profile crypto investors to have run into difficulties following the sharp sell-off in the market for digital currencies seen in recent months. Earlier, Bitcoin plunged some 37 percent in June, trading around $20,000 (nearly Rs. 16 lakh) on Wednesday.
Everything You Should Know About Staked Ether
stETH stands for staked Ethereum, on the Ethereum staking platform Lido – when people stake ETH on Lido they receive a synthetic, derivate version of it, known as stETH. The amount of stETH should therefore trade at a 1:1 peg to ETH itself.
Russian Parliament Clears Draft Bill That Exempts Digital Assets, Crypto Issuers From VAT
Cryptocurrencies and digital assets issuers in Russia may no longer have to worry about Value Added Tax (VATs) payments moving forward, all thanks to the proposed draft law that has seen approval from the State Duma.
Compass Mining CEO, CFO Step Down Amid Allegations of Failing to Pay Bills in Maine Hub
Whitney Gibbs and Jodie Fisher, the respective chief executive officer (CEO) and chief financial officer (CFO) of Compass Mining have submitted resignations from their posts at Compass Mining. The exact reasons of their departure remains unclear. The company, launched in 2020, offers procurement, deployment of mining machines, and resale for institutional as well as r…
Harmony’s Horizon Bridge Hacker Begins Laundering Stolen $100 Million Using Mixer
The hacker responsible for stealing $100 million from Horizon, a cross-chain bridge tied to the Harmony blockchain protocol, has begun laundering the funds using Tornado Cash.
Crypto Crash Threatens North Korea’s Stolen Funds as It Ramps Up Weapons Tests
The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes.
Crypto Crash Threatens North Korea’s Stolen Funds as It Ramps Up Weapons Tests: Report
The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes.
Axie Infinity’s Ronin Network Returns on Track After Losing $625 Million in Hack Attack
Three months after having suffered an impactful hack, blockchain game Axie Infinity has re-opened its Ronin Network. The Ethereum-based side chain of Axie Infinity has undergone internal as well as external audits before its re-launch. The Ronin Bridge now has a set daily withdrawal limit of $50 million (roughly Rs. 395 crore), which will be reset every 24 hours.