Cryptocurrencies News
- Joel Frank
Finblox and Babel limit withdrawals in further signs of DeFi stress as markets digest this week’s hawkish Fed.
- Reuters
WASHINGTON (Reuters) – The Texas State Securities Board has opened an investigation into crypto lender Celsius Network’s decision this week to suspend customer redemptions, its director of enforcement Joseph Rotunda told Reuters on Thursday.
- Reuters
By Jonathan Stempel NEW YORK (Reuters) – Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency.
- Reuters
By Hannah Lang and Katanga Johnson WASHINGTON (Reuters) – Liquidity troubles at crypto lending platform Celsius Network, which have left its 1.7 million customers unable to redeem their assets, will increase U.S. regulatory pressure on the sector, which was already on the defensive amid other crises
- Reuters
(Reuters) – Russian authorities are discussing the idea of giving foreign investors who are willing to cut exposure to Russia a chance to ditch their Russian stocks and bonds later this year despite capital controls, a finance ministry official said on Thursday.
- Aaryamann Shrivastava
In the last 48 hours, the Tron DAO Reserve has withdrawn more than 5 billion TRX resulting in TRX’s price falling below $0.06.
- Reuters
By Lisa Pauline Mattackal and Medha Singh
- Reuters
By Steven Scheer JERUSALEM (Reuters) – Israel’s central bank said on Thursday it was teaming up with the Hong Kong Monetary Authority and the Bank of International Settlements’ (BIS) Innovation Lab to test the feasibility of a central bank digital currency (CBDC) for retail.
- Joel Frank
A post-75bps Fed rate hike rally in cryptocurrencies has faded on Thursday as risk appetite sours and reality bites.
- Reuters
(Reuters) – Russia’s inflation rate may come in close to 14% in 2022, the central bank governor said on Thursday.
- Reuters
(Reuters) – Cryptocurrency exchange Binance has opened 2,000 positions for hiring, Chief Executive Officer Changpeng Zhao said in a tweet on Wednesday.
- Reuters
(Reuters) – Short sellers of crypto stocks have clocked about 126% in mark-to-market gains this year, far outpacing those from other sectors, according to financial and analytics firm S3 Partners, amid a risk-off sentiment in the broader equities market.
- Reuters
By John O’Donnell, Huw Jones and Marc Jones
- Martin Young
Bitcoin miners appear to be preparing to offload large amounts of the asset as flows to exchanges peaked this week.
- Reuters
By Tom Wilson LONDON (Reuters) – Bitcoin fell on Wednesday to a new 18-month low, dragging down smaller tokens with it, as the recent tumble in crypto markets showed no sign of letting up.
- Reuters
By Hannah Lang, Carolina Mandl and Elizabeth Howcroft
- Joel Frank
Upcoming risk events including Wednesday’s Fed meeting, US Retail Sales and the ECB risk sending crypto lower.
- Sujha Sundararajan
Public data revealed in May that several unanimous crypto investors have profited from inside knowledge of details regarding token listings on exchanges.
- Martin Young
The largest Ethereum liquid staking platform Lido is feeling the pressure as its staked asset has not regained its peg and is started to get liquidated.
- Reuters
SINGAPORE (Reuters) – Bitcoin neared a price level on Tuesday that could force software firm MicroStrategy Inc to stake more tokens against a bitcoin-backed loan or trigger selling of some of its vast holdings, setting fragile cryptocurrency markets on edge.