BlockFi to Increase Deposit Rates, Removes Free Monthly Withdrawal
BlockFi CEO, Zac Prince, announced Friday that the crypto lender would increase deposit rates and rescind a policy permitting one...
Business
BlockFi Raises Rates Three Days After FTX Bailout
Key Takeaways BlockFi is increasing its interest rates on BTC, ETH, and stablecoins. The company claims the rise in rates...
ASIC-Backed Loans Worth $4B in Jeopardy as Prices Tank
Loans taken out by crypto mining companies against mining ASICs are under pressure as ASICs drop in value, making the...
Austrian Exchange Bitpanda Cuts Third of Workforce
Austrian exchange Bitpanda cuts almost a third of its workforce as it battens down the hatches for an unpredictable crypto...
Solana Mobile Launches an Android Phone for Web3
Solana Mobile has just released an Android phone that lets potentially billions of users get connected on Web3. Solana Mobile...
Solana Unveils Web3 Mobile Phone
Key Takeaways Solana is launching a mobile phone called Saga. Users will be able to download dApps including trading platforms...
Iris Energy to Expand Operations to 4.3 EH/S by Q4 2022
The Sydney-based Bitcoin miner Iris Energy, with sites in British Columbia, Canada, is deploying additional capital to improve its contribution...
Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn
Canadian crypto mining giant Bitfarms has reneged on its hodling strategy and is instead selling 3,000 bitcoins for $62 million...
Merit Circle Settles for $1.75M; DAO Votes Yield Guild Games Out
Merit Circle and seed investment company Yield Guild Games (YGG) have agreed to a $1.75 million settlement after ordinary investors...
ProShares Wants You to Short Bitcoin Through Its New ETF
Key Takeaways ProShares will launch the first Bitcoin short ETF on Jun. 21. The ETF will allow investors to hedge...
Russian Energy Giant Taps BitRiver to Mine BTC With Flared Natural Gas
Russia’s third-largest oil producer inks agreement with green crypto mining hosting company BitRiver to set up mining facilities on oil...
Spanish Airline Vueling Becomes BitPay’s Latest Conquest
Vueling, a member of the International Consolidated Airlines Group, signed an agreement with BitPay to allow customers to pay for...
How KyberSwap Discover Allows You to Spot Tokens Before They Trend
In March 2022, KyperSwap introduced a new feature on its platform to make life easier for cryptocurrency traders worldwide. Dubbed...
Celsius Investigated by Regulators in Four Different States
Key Takeaways Celsius is being investigated by state securities regulators from Texas, Alabama, Kentucky and New Jersey following its decision...
Bank of Israel, Hong Kong Monetary Authority to Test CBDC
The Bank of Israel is collaborating with the Hong Kong Monetary Authority in a trial for a new central bank...
ApeCoin Community Votes to Remain on Ethereum Despite High Fees
The ApeCoin community has approved the proposal to keep the $APE token on the Ethereum blockchain for now, despite some...
New Allegations Against Terra Founder Surface, Did He Cash Out Early?
FatManTerra has alleged that Terra co-founder Do Kwon cashed out $2.7 billion from Terra within months, using Degenbox to drain...
MicroStrategy Will “HODL Through Adversity,” Saylor Assures
Key Takeaways Despite a brutal market downturn, Michael Saylor says that MicroStrategy is not at risk of liquidation. Saylor has...
American Investor Stanley Druckenmiller Warns of Recession
American billionaire investor Stanley Druckenmiller warned the U.S. economy will slip into recession next year, and said that he would...
Gensokishi Online – a 3D MMORPG With Fantasy World Economy on the Metaverse
Gaming enthusiasts who are into MMORPG probably need no introduction to Elemental Knights Online, the 3D MMORPG that lets players...
Frax Finance Founder Proposes $20M Repurchase of FXS Token
Frax Finance founder Sam Kazemian proposed to repurchase up to $20 million of the DeFi protocol’s own FXS token, to...
Coinbase CEO Responds to Petition Calling for Vote of No Confidence
Coinbase CEO Brian Armstrong has responded to an online petition calling for the removal of three top executives by an...
