Big Crypto Game (CRYPTO) News

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...

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...

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...

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...

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...

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...

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...

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....

Bitcoin-dedicated fin. services provider NYDIG built a collaboration with top business consulting and services company Deloitte to help firms of various sizes to include digital currencies in their operations. The two companies will work on different BTC products such as banking, consumer loyalty...

At the Qatar Economic Forum, Tesla and SpaceX CEO Elon Musk noted that he had never said people should buy cryptocurrencies. To the question of what he thinks about the current crypto market conditions and whether he still finds people should invest in crypto, the businessman answered he hadn't...

The US investigative agency warned about the presence of crypto scammers on the popular professional platform LinkedIn. During an interview with CNBC, FBI special agent Sean Ragan said crypto fraudsters on LinkedIn are an essential threat to user safety. He added that there are a lot of potential...

Leading cryptocurrency Bitcoin fell below $20,000 and currently trades at around $19,400. In the last 24 hours, the price of the coin saw a 7% decline. The last time Bitcoin touched this level was in December 2020. Ether trades at around $1000. The global crypto market cap stands at $851 billion. ...

Cryptocurrency hedge fund Three Arrows Capital (3ac) faces a crisis. The company couldn't meet lender demands of margin calls and liquidates its crypto holdings, which increases pressure on the market. According to Wall Street Journal, the company considers asset sales, seeking a bail out. The...

Business magnate Elon Musk, and his companies Tesla and SpaceX were sued for $258 B by a Degecoin investor, who accused the businessman of operating a pyramid scheme to promote the meme coin. The class action complaint was submitted in federal court in Manhattan. Plaintiff Keith Johnson accused...

Microsoft co-founder Bill Gates criticized non-fungible tokens and cryptos. At a TechCrunch Talk, the business magnate said he finds that the sector is 100% dependent on greater fool theory. The phrase is used in finance to convey the idea that overvalued assets will grow in price when there are...

After inflation has set a new record high, risk assets like stocks and cryptos have been seeing a large selloff and price decline. The largest cryptocurrency, Bitcoin fell below $23,000, its lowest in 18 years. Amid the extremely volatile market conditions, a leading crypto lending platform Celsius...

A senior official at Canada’s Central Bank said the number of residents who own crypto is growing fast and efforts to regulate the industry need to keep pace with the developments. During an interview with Reuters, the Bank’s Senior Deputy Governor Carolyn Rogers said the area is still small,...