Three arrows capital (3AC) liquidates its staked Ethereum holdings

Three arrows capital (3AC) liquidates a wallet with staked Ethereum (stETH). Staked Ethereum trades below $1,000 as intense sell-offs continue. Crypto hedge fund, three arrows capital, is…

Crypto winter has only just began: BitMEX founder Arthur Hayes

Crypto is bound to see even worse days due to quantitative tightening measures from the Fed, BitMEX founder Arthur Hayes has said. Uniswap and LooksRare NFT marketplace,…

Securities regulators from five states probing into Celsius suspension of withdrawals 

According to Alabama Securities Commission Director Joseph Borg, securities regulators in Alabama, Texas, New Jersey, Washington, and Kentucky are in the initial stage of the investigations. On…

STRMNFT: A New Marketplace Expanding the Utility of Video NFTs

In the last two weeks since STRMNFT opened for registration on May 31, the new digital assets marketplace was getting increased adoption with its unique features and…

How Gain Bitcoin Swindled Users Out of Over $12 Billion

An Indian-based company called Gain Bitcoin was accused of running one of the largest scams in the country. Back in March 2022, authorities shut down this illegal…

Crypto Sharks Liquidating Positions for Profit

With cryptocurrency markets in freefall, some traders have been taking on more aggressive strategies to liquidate, at the expense of other traders. “In a downtrend environment, where…

Immutable Raises $500 Million to Support Web 3 Gaming and NFT Projects

The Australian NFT scaling platform – Immutable – introduced an inaugural $500 million developer and venture investment fund. The financing will be distributed to companies developing the…

Lido Seeks to Reform Voting With Dual Governance

The Lido community is discussing a potential change in governance that would utilize both of its main tokens. All Holders Could Have a Governance Role The Lido…

Finance Redefined: Three Arrow Capital and Celsius fall brings a tsunami of sell-off in DeFi

DeFi market saw a sharp decline in its TVL, falling over $25 billion from the last week due to sell-off pressure created by the bear market. This…

Crypto Biz: Crypto carnage pushes Celsius, Three Arrows Capital closer to insolvency, June 9-16

It has been a chaotic week for digital assets. Two firms may be inching closer to insolvency while Coinbase, one of the largest crypto exchanges, laid off…

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