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Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’

Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’

On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy protection. Blockfi is now one of many digital currency businesses

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Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity

Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity

It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging

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Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months

Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months

During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the largest stablecoin by

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Millions of XRP Suddenly Moved to Bitstamp, Here’s What Happened

Millions of XRP Suddenly Moved to Bitstamp, Here’s What Happened

Bitstamp has received massive lump of XRP from anonymous wallet Less than an hour ago, an anonymous whale transferred 30,000,000 XRP to the EU-based Bitstamp crypto exchange, as reported by crypto tracking start-up Whale Alert.

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Cardano Blockchain Insights Reveal Abnormal Increase in This Metric: Details

Cardano Blockchain Insights Reveal Abnormal Increase in This Metric: Details

Cardano eyes spike in smart contracts created since early November The number of Plutus-based smart contracts created on the Cardano blockchain experienced a spike in early November. Looking at the graph presented by Cardano Blockchain

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Coinbase: Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive

Coinbase: Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive

A recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a strong signal of the acceptance of crypto

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Crypto Influencer Bitboy Flies to the Bahamas to Question Former FTX Exec Sam Bankman-Fried

Crypto Influencer Bitboy Flies to the Bahamas to Question Former FTX Exec Sam Bankman-Fried

It’s been 16 days since FTX filed for Chapter 11 bankruptcy protection in the U.S. and the former FTX CEO Sam Bankman-Fried (SBF) is allegedly still hunkering down at his seaside resort in the Bahamas.

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Cardano (ADA) Hits New Milestone as Native Tokens Reach 7 Million

Cardano (ADA) Hits New Milestone as Native Tokens Reach 7 Million

Cardano has now surpassed previous milestone reached in native tokens minted The Cardano blockchain has reached a new milestone as it now houses 7 million native tokens. According to pool.pm data, the number of native

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Are XRP & XRPL Centralized? Ripple Executives Argue

Are XRP & XRPL Centralized? Ripple Executives Argue

XRP & XRPL decentralization gets challenged, Ripple's former and current top managers provide their points of view The Decentralization Of The XRP Ledger And The Cryptocurrency That Powers It Is A New Controversy Over XRP

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Charles Hoskinson Supports Elon Musk, Here’s How

Charles Hoskinson Supports Elon Musk, Here’s How

Co-founder of Ethereum and Cardano provides support to Musk after Twitter app controversy The story of Elon Musk’s Twitter acquisition isn’t over. Recently, the new owner of one of the world’s largest social media platforms

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