News and Articles by Anahit

Dan Morehead, the CEO of the hedge fund Pantera Capital expects more meltdowns in the crypto sector. According to Morehead, continuous mistakes by the Federal Reserve have had repercussions that are seen in crypto, where more major meltdowns are possible. Bloomberg reports Morehead wrote a note...

Top NFT platform OpenSea has warned customers of possible phishing attacks after reporting a data breach. OpenSea announced the news, saying that the leak happened as an employee of the company's email vendor Customer.io took advantage of their employee access to download and share email addresses...

A British Virgin Islands (BVI) court ordered the cryptocurrency hedge fund Three Arrows Capital to liquidate assets. According to a report by the channel Sky News, a person close to the subject said that advisory firm Teneo will handle the insolvency of the 3AC. It means that the company is...

Amid the bear market, business analytics company MicroStrategy added its Bitcoin holdings, purchasing 480 BTCs for about $10 M. The company paid around $20,817 per BTC. A release by the company says now it holds around 129,699 bitcoins purchased for $3.9 bln at an average price of about $30,664 per...

Mark Lamb, the Chief Executive Officer of the cryptocurrency exchange platform CoinFLEX said investor Roger Ver owes the company $47 M in the USDC stablecoin. He tweeted that they have a contract with Ver which obligates him to guarantee his account’s negative equities and add margin. Lamb also...

Under Secretary for Terrorism and Financial Intelligence at the US Treasury, Brian Nelson said in an interview that crypto fraud is the highest priority among the sanctions on North America. Nelson told South Korea's business newspaper Mael Business Newspaper he believes that virtual currency fraud...

Crypto exchange Crypto.com made updates to its earning program. The team released a blog post that says some tokens were added and some removed. From June 27, 2022, the platform added Fantom’sFTM, Near’s NEAR, and Zilliqa’s ZIL. The platform also revised the reward rates. Crypto.com's update...

The Chair of the Securities and Exchange Commission, Gary Gensler said in a recent interview that Bitcoin is the only crypto that he's comfortable calling a commodity. While discussing potential regulations over crypto and crypto-backed ETFs with CNBC Squawk, Gensler mentioned that cryptos are...

Eminem and Snoop Dogg teamed up to present a new music video, which features Bored Ape Yacht characters, and visuals between real life and the metaverse. The track is called “From The D 2 The LBC.” It made a debut on YouTube three days ago, and now has over 8 M views. After the premiere,...

Harmony blockchain offered a $1 M bounty to a hacker that exploited a vulnerability on the Horizon Bridge and was able to move $100 M funds. They used different decentralized exchanges to swap the stolen cryptocurrencies for Ether. Harmony said the team won’t advocate for charges if the hacker...

Blockchain data intelligence platform Glassnode released a research piece that says 2022 has been the most significant bear market in the history of cryptocurrencies. Glassnode mentions that this year has been tough for BTC and Ether as valuations have been hitting hard and fast. It has been...

The US Securities and Exchange Commission (SEC) intends to collaborate with other government agencies to increase oversight of cryptocurrency exchanges and companies. In an interview with Financial Times, SEC chair Gary Gensler said he is holding discussions with his colleagues from the Commodity...

New York-headquartered international investment bank Goldman Sachs is seeking $2 bln from investors to purchase assets if the cryptocurrency lender Celsius goes bankrupt. The deal would let investors acquire the assets at significant discounts. People familiar with the matter told the news site...

The government of China released new warnings against Bitcoin and the crypto market. Given the recent price drop, China finds the Bitcoin price is heading to zero. Local media reports that a release from the state-run Economic Daily restates the negative attitude of the authorities against cryptos....

Popular crypto platform Coinbase said in the next month users will be able to make transactions in Ether, MATIC and USDC stablecoin on Ethereum's L2 scaling solution Polygon, and USDC on Solana. Coinbase published a blog post that mentions Ethereum has the largest ecosystem for developers,...

Today, the Harmony blockchain tweeted that hackers exploited the Horizon bridge for $100 M. The team has started collaborating with national authorities and investigators to find out the criminals and restore the stolen funds. The Horizon bridge provides interoperability between Ethereum, Binance...

Blockchain platform Avalanche revealed native support for Bitcoin via the Avalanche bridge. The team published a blog post that says with the new Bitcoin bridging possibility, the network aims to uncover more than half a trillion dollars of value on the BTC network within the Avalanche DeFi...

Changpeng Zhao, the founder, and CEO of the top cryptocurrency exchange platform Binance finds Bitcoin could stay below its all-time high of $69,000 for the next two years after the recent crypto market crash. In an interview with the Guardian, CZ noted 4 years ago people would have been very happy...