With cryptocurrency prices going up and down, the current crypto market lends itself to making money with volatility. However, traders frequently lose money because they misread the trend and direction, trade emotionally, or do not employ stop-loss and take-profit effectively. Fortunately, Be...
Crypto hedge fund Three Arrows Capital has filed for Chapter 15 bankruptcy in a New York court. The petition was submitted to the US Bankruptcy Court for the Southern District of New York. The Friday development comes amid escalating financial problems for the crypto hedge fund. In recent days, a co...
Trading volume on non-fungible token (NFT) marketplaces have fallen from $16.6 billion in January to over $1 billion in June of this year. As The Block’s data shows, this is a decrease of 94%, demonstrating just how striking the crypto bear market affects NFT sales.  It should be noted that much of...
Crypto company Voyager Digital said it was "temporarily suspending trading, deposits, withdrawals and loyalty rewards" as of 2 p.m. ET on Friday. The move comes days after Voyager issued a notice of default to hedge fund Three Arrows Capital over failed repayment of a $650 million loan, denominated ...
Melbourne, Australia, 1st July, 2022, ChainwireHimo World, an NFT-based strategy game developed by Kaofox Corp, has announced its open beta launch. The open beta will go live in July 2022, giving players an opportunity to experience the most advanced iteration of the PvP title to date. The free-to-p...
DeFi protocol Wonderland has passed a governance vote to invest $25 million in the token Sifu Vision, a crypto project founded by Wonderland's former treasury manager, known as Sifu.  The vote passed today, with 89% of the votes supporting the governance decision. This means that it's very likely th...
AltLayer, an Ethereum scaling startup that will offer application-specific chains, has raised $7.2 million in a seed funding round. Sharing the news exclusively with The Block on Friday, AltLayer said Polychain Capital, Jump Crypto and Breyer Capital co-led the round. Other investors in the round in...
Cryptocurrency and commodities trading platform Bitpanda told its employees it would not resort to mass layoffs amid the economic downturn, just three weeks before a big employee cull. According to a Slack screenshot obtained by The Block dated May 31, the company's chief product officer, Lukas Enze...
Ankr, a node infrastructure provider for proof-of-stake blockchains, suffered a domain name system (DNS) hijack on the RPC endpoints for Polygon and Fantom, according to a tweet by Polygon's chief information security officer Mudit Gupta.  During the incident, unknown attackers hijacked Ankr’s RPC p...
Crypto derivatives exchange operator Deribit initiated the liquidation application against Three Arrows Capital (3AC) in a court in the British Virgin Islands (BVI), according to a court order seen by The Block. Deribit confirmed to The Block on Friday that the company led the liquidation applicatio...

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