News and Articles by Anahit

The USA urged Japan to put pressure on the country's cryptocurrency exchanges and miners to cut links with Russian crypto operators as a part of Moscow's financial isolation. US diplomats made the request related to the officially licensed crypto exchanges that are operating in Russia. A report by...

Ruchir Sharma, a former investor at Morgan Stanley, author, and the Chair of Rockefeller International finds that Bitcoin's decline can end and the cryptocurrency can make a comeback as Amazon did in the early 2000s. Then, at the time of the dot com collapse, the tech company lost 90% but...

Hollywood star Johnny Depp has donated about $800,000 to charities raising funds due to NFT sales. Depp's NFT art platform Never Fear Truth divided the sum between the Children's Hospital of Los Angeles, Perth Children's Hospital, the Footprint Coalition, and the Great Ormond Street Hospital....

DeFi portfolio manager KeyFi accuses Celsius of being a fraud and a Ponzi scheme. Ex investment manager at Celsius, Jason Stone, sued the lending protocol, inflated the price of its native coin CEL, and failed to hedge risk. Currently, Stone is CEO and co-founder at KeyFi. According to the legal...

Galaxy Digital CEO Mike Novogratz said in an interview with Squawk Box that the crypto sector is close to the bottom after massive leverage positions were liquidated. He predicted that the market is close to the bottom. Novogratz assumes however, that the volatility will continue until a bullish...

Decentralized network Aave intends to bring its stablecoin to the sector. The platform's founder Stani Kulechov tweeted that the team has developed an ARC for the stablecoin named GHO. In a proposal, Aave said with community’s voting GHO can be issued on Aave and let users mint the coin adding...

Crypto lender Celsius, which found itself in a crisis recently, finished paying its loan to Maker DAO and got 21,962 WBTC worth around $440 M in collateral back. As can be seen on DeFi Explore, now the liquidation price is $0. In June, Celsius paused withdrawals, swaps, and transfers between...

In a Bitcoin Reserve Podcast, Prince Philip Karadjordjevic of Serbia & Yugoslavia shared his thoughts on how bitcoin can improve society and governments predicting that monarchies will soon adopt bitcoin. Philip Karadjordjevic, a Bitcoin maximalist, assumes that soon an Arab monarchy or a...

The Italian government revealed incentives for technological developments related to blockchain and AI. A statement published by The Ministry of Economic Development (Ministero dello Sviluppo Economico or MISE) says certain blockchain and other tech projects will be able to apply for up to $46 M as...

Changpeng Zhao (CZ), the Chief Executive Officer of the largest crypto exchange platform Binance met with the Ivory Coast's (Côte d'Ivoire) president Alassane Ouattara. They discussed economic and financial aspects related to crypto. CZ tweeted that Africa is primed for crypto adoption with...

American TV host Jim Cramer assumes that cryptos will continue to drop and finds they have no value. He has changed his mind about crypto many times. At CNBC’s Squawk Box, Cramer shared his views on the performance of different asset categories including cryptocurrencies for this year. He...

Voyager becomes the second large cryptocurrency company to submit a file for bankruptcy. On July 5, the firm applied for Chapter 11 which enables a company to continue to run its business and modify collateral obligations. Chapter 11 is the most complex form among the bankruptcy processes....

Crypto investment company Three Arrows Capital filed for Chapter 15 Bankruptcy. The legal filing enables a foreign debtor to file for bankruptcy in the US court system. Businesses or people having assets in more than one country use Chapter 15 for insolvencies. A few days earlier, a court in the...

Cryptocurrency broker Voyager became the next platform to announce stopping operations amid the market plunge. On July 1, the company said it temporarily suspends trading, deposits, withdrawals, and loyalty rewards. The team reported that they are in discussions with different parties over adding...

US financial regulator, the Commodity Futures Trading Commission submitted charges against South Africa-based crypto trading platform Mirror and its head Cornelius Johannes Steynberg for running a misleading pool worth over $1.7 bln in BTC. According to the agency's filing, Mirror was fraudulent...

Ruja Ignatova, the founder of the crypto Ponzi scheme OneCoin is now in the FBI's most wanted list. Ignatova, who's also known as the "Cryptoqueen" allegedly deceived investors and got away with $4 billion. The U.S. The Attorney's Office for the Southern District of New York announced...

The EU reached a deal on crypto regulations to stop illicit flows. A release by the organization says that the legislation is a part of the new anti-money laundering package and will be aligned with the Markets in Crypto-Assets (MiCA) conditions. The union of 27 countries will regulate the crypto...

Popular crypto exchange platform Coinbase intends to expand in Europe, registering in Italy, Spain, France, the Netherlands, and other countries. Coinbase VP Nana Murugesan said in a recent interview with Bloomberg that the company has welcomed its first employee in Switzerland. The business is...