Probably everyone remembers the general excitement in cryptocurrencies due to the growth of Bitcoin and other cryptos in 2021. However, since the beginning of 2022, the optimistic picture has been replaced by a pessimistic one, and it seems as if all the media have forgotten about the existence ...
MakerDAO, the issuer of the Dai (DAI) stablecoin, is currently voting on how to allocate 500 million DAI ($500 million) of treasury funds into investments in US Treasury bills and bonds, the protocol announced on Monday. The governance vote is the result of the community agreeing to an asset allocat...
Montreux, SWITZERLAND, 28th June, 2022, Chainwire The Montreux Jazz Festival today launched its second series of  NFTs as part of its partnership with OneOf, a music NFT platform built on the Tezos blockchain ‘Diamond Seated  Package' NFTs unlock exclusive hospitality offers duri...
Crypto data firm Kaiko has bagged $53 million in fresh funding even as venture capital investors tighten their purse strings. Eight Roads led the Series B fundraise, which was announced in a statement today, with Revaia participating alongside existing investors Alven, Point9, Anthemis, and Undersco...
The hacker responsible for stealing $100 million from Horizon, a cross-chain bridge tied to the Harmony blockchain protocol, has begun laundering the funds, according to reports by PeckShield. Data from Etherscan show the wallet used by the hacker in the attack sent out about 18,000 ETH ($21 million...
Embattled crypto lender Celsius Network is resisting a recommendation from its own lawyers to file for Chapter 11 bankruptcy — and seeking a show of support from users to help win the internal argument against the suits. With the company’s management prevented from making any public pronouncements d...
Voyager Digital, a crypto app offering up to 12% returns, said it has issued a default notice against Three Arrows Capital for failure to repay a loan worth more than $650 million. The crypto platform issued the notice to Three Arrows Capital, the crypto hedge fund known as 3AC, over a debt of 15,25...
Coinbase (COIN) was downgraded from buy to sell by Investment bank Goldman Sachs on Monday, while shares plunged over 5% in pre-market trading.  Goldman Sachs has downgraded Coinbase after several weeks of turbulence for the crypto exchange, setting a revised price target of $45, down from $70. Sha...
Crypto lender Nexo has issued a cease and desist letter in an effort to silence an anonymous Twitter account. The account, which styles itself in the third person as ‘Otter,’ published a series of tweets on June 26 claiming that Nexo’s co-founders had stolen funds from a charity. The tweets have gen...
Ripple announced the opening of a new office in Toronto, its first in Canada, which will serve as an engineering hub supporting its growth in North America, the company said in a news release. The distributed ledger tech company plans to hire 50 engineers in Toronto with the goal of expanding to hun...

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