Since the emergence of cryptocurrencies, many early investors have revised their investment strategies. Most of them profited greatly from their initial cryptocurrency investments. However, thousands of people suffered financial losses due to their crypto investments. […]
From July 4 to 6, the FIL-Toronto summit sponsored by Filecoin Foundation and Filecoin Orbit, and hosted by FilSwan came to a successful conclusion. The summit attracted a large number of Filecoin ecosystem builders, engineers, […]
Key Takeaways A class action lawsuit was filed against Terraform Labs, Do Kwon, and a host of other crypto entities over the weekend. The suit levels multiple charges, including racketeering, against the defendants. Do Kwon […]
Electric carmaker Tesla recorded a $170 million impairment charge against the carrying value of its bitcoin assets. The company also recorded gains of $64 million from some of its bitcoin sales in a filing with […]
Global financial services provider Barclays PLC announced that it will purchase a multi-million dollar stake in crypto firm Copper. London-headquartered Barclays will invest a few million dollars in the company as part of a new […]
South Korea’s Southern District Prosecutors raided Terraform Labs co-founder Daniel Shin’s home to investigate possible illegal activities. The raid occurred on Wednesday, July 20, 2022, and included Shin’s Chai Corporation payment firm. Chai Corp. processes […]
Key Takeaways FTX is in talks with Bithumb about a potential acquisition, a new report from Bloomberg indicates. The two firms have reportedly been in advanced talks for several months. A Bithumb spokesperson commented that […]
Napbots is bringing automated trading to the table, simplifying the whole trading process. In the constantly developing world of crypto, automated trading first emerged as another trend. Many people were, however, skeptical despite the promises […]
Play-to-earn trading card game LOCGame announces its special staking program. The cryptocurrency realm is flooded with play-to-earn games. The number of games that have popped up has been so huge that P2E games have literally […]
The wilderness of DeFi and its consequent lack of accessibility has warded-off too many potential CeFi users – and makes the possibility of mass adoption all but a sweet dream. A hard-to-digest user experience that narrows […]
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