Solend Team Proposes to ‘Take Over’ a Solana Whale Account Facing Liquidation That Could Affect the DEX’s Liquidity
Summary: The team at Solend is concerned that a Solana whale might be liquidated, causing a cascade of liquidations that...
Ethereum News
Stop Looking at the BTC Chart, Your Bitcoin Investment is Safe and Will Grow After the Bear Market, Says President Bukele
Key takeaways: El Salvador’s President Nayib Bukele has advised crypto traders to stop looking at the Bitcoin chart and enjoy...
Bitcoin Under $20k Feels Irrational, Says Gemini Co-Founder Cameron Winklevoss
Summary: Gemini crypto exchange co-founder, Cameron Winklevoss, believes Bitcoin below $20k seems irrational. Mr. Winklevoss also pointed out that Bitcoin’s...
Dogecoin Pumps By Over 10% On Elon Musk’s Tweets That He’ll Keep Supporting and Buying DOGE
Summary: Dogecoin has pumped by over 10% after Elon Musk tweeted that he will keep supporting DOGE. In a follow-up...
Bitcoin Miners Start Selling Their Holdings As a BTC Bottom Proves Elusive
Key takeaways: Bitcoin miners sold 4,411 BTC in May as compared to 1,115 in April. Will Clemente of Blockware Intelligence...
Do Kwon, TerraForm Labs, Three Arrows Capital, and Others Sued for Misleading LUNA, UST Investors
Summary: Do Kwon, TerraForm Labs, and initial financial backers of LUNA and UST have been sued in a Californian court...
dYdX Clears the Air on its Investor 3AC, States Three Arrows Capital’s Situation Does Not Affect its Liquidity and Operations
Summary: Three Arrows Capital was an early investor of dYdX. The team at dYdX has released a statement clarifying that...
Elon Musk Being Sued Over Dogecoin Does Not Mean He is Guilty, Says CZ
Summary: Binance CEO, CZ, has pointed out that Elon Musk being sued does not necessarily mean he is guilty. CZ...
DogeCoin Co-Founder Hopes the Crypto Community Will Learn from the Failings of Celsius, LUNA and Three Arrows Capital
Summary: Dogecoin (DOGE) co-founder hopes the crypto community will learn from the failures of Celsius, LUNA, and Three Arrows Capital....
Crypto Lending Giant Babel Finance Halts Redemptions And Withdrawals
Summary: The firm cited unusual liquidity pressure as the main reason. Babel has now halted withdrawals and redemption till further...
DeFi Difficult to Regulate Because of Its Anonymity: Indian Central Bank
India’s central bank governor Shaktikanta Das said that DeFi is difficult to regulate because of its anonymity. Das made the...
Bitmex, Deribit, and FTX Liquidated Three Arrows Capital (3AC) Leveraged Positions
Summary: The crypto hedge fund owes BitMEX exchange around $6 million. Sources claim that the positions on Deribit and FTX...
Elon Musk Sued By An Investor For Promoting Dogecoin
Elon Musk is being sued by an American doge investor for running a pyramid Ponzi scheme The investor Keith Johnson...
Deribit Confirms 3 Arrows Capital as a Shareholder, States the Exchange’s Accounts are in Debt, but Still Financially Healthy
Summary: The team at Deribit has confirmed that Three Arrows Capital is a shareholder at the exchange. Deribit also hinted...
We Want to Make Britain a Crypto Hub but With Investor Protections, Says UK’s Digital Minister
Summary: The UK is looking to transform Britain into a crypto hub. However, the UK’s digital minister has issued caution...
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