Monthly Archives: June, 2022

Bitcoin Falls Below $20K: Is Another Collapse Imminent?

June has not been a great month for Bitcoin enthusiasts. Coingecko data shows that Bitcoin dropped below $20,000 to $19,112 on Thursday, a decline of...
Cryptocurrency

After a Customer.io employee discloses email addresses, OpenSea reports a data breach

OpenSea, an NFT marketplace, experienced a data breach as a result of a worker at its email delivery partner, Customer.io leaking customer information. In a...
Cryptocurrency

Grayscale, a cryptocurrency fund, sues after the SEC rejects its ETF proposal.

Grayscale, a cryptocurrency fund, sues after the SEC rejects its ETF proposal. After the US Securities and Exchange Commission rejected the group's request to...
Cryptocurrency

Key price gauges indicate that the raging U.S. inflation is beginning to slow

A major indicator of U.S. inflation increased by 0.6 percent in May, primarily as a result of higher gas and food prices, although there...
Finance

Huobi Global may reduce employment by more than 30% as a result of the crackdown in China

From its more than 1,000 personnel workforce, Huobi is anticipated to eliminate at least 300 positions. After China's prohibition on cryptocurrency trading, it started...
Cryptocurrency

After a $622 million hack, Axie Infinity’s Ethereum Bridge is finally back online

In March 2022, Axie Infinity, the most successful NFT-based video game in terms of total trading volume, experienced one of the largest DeFi hacks...
Cryptocurrency

Marathon Digital’s Montana operations are shut down following a storm

Marathon Digital (MARA) reported that its bitcoin miners in Hardin, Montana, are currently without power due to a storm that passed through the area...
Cryptocurrency

Roger Ver denies owing CoinFLEX CEO $47 million USDC

Roger Ver, an early Bitcoin investor and proponent of Bitcoin Cash (BCH), has pushed back against claims made by crypto investment platform CoinFLEX about...
Cryptocurrency

480 Bitcoin, worth approximately $10 million, are being purchased by MicroStrategy amid the market collapse

According to CEO Michael Saylor, the business intelligence company has now accumulated 129,699 BTC at an average cost of $30,644. In spite of recent setbacks,...
Cryptocurrency

Court orders the liquidation of Three Arrows Capital (3AC)

A British Virgin Islands court has ordered the liquidation of the troubled cryptocurrency hedge fund Three Arrows Capital (3AC). A few days after Voyager...
Cryptocurrency

Terra Classic LUNC increased by 55% while USTC increased by 237%. Time to Purchase Terra?

This morning, in a high-volume trading session, the price of Terra's original native tokens, LUNC and USTC, is rising at $0.000092 and $0.035 respectively....
Cryptocurrency

As the retailer’s sales decline, Bed Bath & Beyond replaces its CEO

As a result of the retailer's quarterly sales and profitability falling far short of Wall Street estimates, Bed Bath & Beyond said on Wednesday...
Finance

Celsius denies allegations that CEO of Celsius Alex Mashinsky attempted to flee the United States

According to the company, troubled crypto lending firm Celsius is putting their best foot forward to recover operations alongside CEO Alex Mashinsky, who is...
Cryptocurrency

Tether’s CTO confirms hedge funds attempted to short USDT

CTO Says Funds Failed to Short Tether Tether CTO Paolo Ardoino has responded to a Wall Street Journal report from June 27 that hedge funds...
Cryptocurrency

Unizen, a cryptocurrency exchange, has received a $200 million ‘capital commitment’ from investment firm GEM

Unizen, a centralized-decentralized (CeDeFi) exchange, has received $200 million in funding from alternative investment firm Global Emerging Markets (GEM) to accelerate the development of...
Cryptocurrency

If SEC wins lawsuit, Ripple CEO Brad Garlinghouse says the company would leave the United States, according to a report

According to reports, Ripple CEO Brad Garlinghouse has stated that the company will leave the country if the Securities and Exchange Commission (SEC) of...
Cryptocurrency
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