Skybridge says that withdrawals from one of its crypto-exposed funds will be stopped. Skybridge joins other companies that have frozen the funds of crypto investors. However, Skybridge’s CEO, Anthony Scaramucci, says the freeze is only temporary, and there is no danger of the company going out of business. Skybridge Capital has stopped people from taking … Read more
Users’ attempts to remove their funds from the platform have been a rollercoaster since Celsius Network prohibited withdrawals, swaps, and transfers last month. The lending program eventually filed for Chapter 11 bankruptcy this week, following in the footsteps of Voyager, which brought everything to a head. Users had some hope that they may receive their … Read more
The dominance of Binance over Coinbase and other exchanges is reaffirmed. Along with continuing to expand, it is currently the exchange with the largest holding of Bitcoins worldwide. As the bear market began, Binance and Coinbase’s fortunes stood in sharp contrast to one another. Through a show of force and ongoing hiring, Binance and its … Read more
Many markets and nations are slowly embracing the prospects of cryptocurrencies and blockchain. Unfortunately, it appears that the recent crypto winter slowed down the advancement of these technologies. However, there is still a chance that things will get better after the storm. Thankfully, there are several signs that the cryptocurrency market is still alive. Numerous … Read more
After being in the consolidation range for a month, Ethereum has finally broken out. In the last three days, it has gained more than 14 %. Reasons For the Breakout Recently we reported that the Ethereum developers have finally revealed the date for the final Merge event of Ethereum. Following the new, Ether has gained … Read more
As a new lawsuit claims that a troubled cryptocurrency lending business deceived investors, the walls are coming around it. In addition to being sued, Celsius Network declared bankruptcy last week, is now accused of operating like a Ponzi scheme. Plaintiff Taylor Goines claims the following in a class action lawsuit filed on Wednesday in a … Read more
Ethereum developers working on completing the merging have provided a date for the switch to proof-of-stake. The Merge Now Has A Date According to a recent developer teleconference, the merging will start on the Ethereum mainnet the week of September 19. This will take place following the final testnet switch before the PoS merge. The … Read more