Cryptocurrency

Cryptocurrency News

Crypto Lender Celsius Network Files For Bankruptcy

U.S. crypto lender Celsius Network said on Wednesday it has filed for bankruptcy, becoming the latest victim in the cryptocurrency sector to wilt under a dramatic plunge in prices. U.S..

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Cryptocurrency News

No, Ukrainian Prosecutors Didn’t Just Seize 830kg of Silver from an OTC Crypto Gang – Here’s What Happened

Reports that prosecutors in the Darnytskyi District of Kyiv, Ukraine, have recently busted a gang of over-the-counter (OTC) crypto brokers – who allowed individuals in Russia and areas under Russian control to swap.

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Cryptocurrency News

CEL Crashes as Celsius Enters New Chapter of Its Saga and It’s Restructuring

After reportedly returning all of its debt to DeFi lending protocols, troubled crypto lender Celsius (CEL) said it has initiated voluntary Chapter 11 proceedings in the US in an attempt to stabilize.

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Cryptocurrency News

NFTs Winning Damien Hirst’s Art Experiment So Far as Over 2,000 Tokens Burned

As the deadline for Damien Hirst’s The Currency NFT burn is approaching, more and more owners proceed to burn their NFT in exchange for corresponding original work on paper. However, NFTs still.

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Stablecoin Active Addresses Hit New High After Terra Collapse While Bitcoin and Ethereum Addresses Drop

Following the collapse of Terra and the subsequent crypto crash, stablecoin active addresses surged to a new all-time high. Meanwhile, bitcoin (BTC) and ethereum (ETH) active addresses have plunged drastically during this period.  According to a.

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Here’s the ‘Final Guidance’ on ‘Stablecoin Arrangements’ by BIS and IOSCO

The Bank for International Settlements (BIS) wants to create a set of standards for the stablecoin industry that will cover payments, clearings, and settlements. In a report released today and shared with Cryptonews.com,.

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‘Same Risk, Same Regulation’ For Stablecoins, Say Global Regulators

Major stablecoins must comply with the same safeguards as traditional forms of payments, global regulators said. Major stablecoins must comply with the same safeguards as traditional forms of payments, global.

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Facebook Owner Meta Announces New Virtual Reality Login System

Meta is modifying how users log onto its virtual reality headsets, backtracking on an earlier change to require accounts from Facebook app. Meta Platforms Inc is modifying how users log.

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Cryptocurrency News

Crypto Lender Celsius Is “Deeply Insolvent”: US State Regulator

US State regulator said it believes cryptocurrency lender Celsius Network is “deeply insolvent.” Vermont’s Department of Financial Regulation (DFR) on Tuesday said it believes cryptocurrency lender Celsius Network is “deeply.

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Cryptocurrency News

US Inflation Jumps More than Expected in June; Bitcoin & Ethereum Slide

Annual inflation in the US hit 9.1% in June, or more than what analysts had expected, and up from 8.6% in May. It reached the highest level in over 40 years. .

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