According to “two people familiar with the matter,” the cryptocurrency lending company Celsius is working with the financial giant Citigroup in order to get advice on how to handle the firm’s financial hardship. The sources
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Clone of Dogecoin, BabyDoge, has finally gotten one of its important metrics verified by CoinMarketCap The official Baby Doge Coin Twitter account, ranked 229th, tweeted that the coin had reached a milestone thanks to CoinMarketCap.
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Despite recent efforts by the Tron DAO to overcollateralize the token, Tron’s algorithmic stablecoin USDD appears to be in crisis. During the market turmoil, the theoretically stable USDD token lost its peg to the US
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Celsius is presently investigating all possibilities to avoid insolvency, including consulting restructuring attorneys to address its financial issues. This also includes appointing Citigroup to assist with possible financial choices and suspending withdrawals and transfers on
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According to FSInsight, a combination of economic pressures and over-leveraged yield plans has caused the forceful selling of cryptocurrencies in the previous few days. This has wiped off more than $200 billion in revenue from
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According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources say that the 3AC “liquidation
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It is a known fact that the crypto space is now in the middle of a notable bear market which is yet to find its bottom. The star crypto, Bitcoin, currently appears struggling to restore
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As per the latest data compiled by crypto analytic platform, IntoTheBlock, USDC stablecoin recorded its second-highest volume ever. USDC wins the fight laughs said that with Bitcoin and Ethereum dipping below $21,000 and $1,100, the total on-chain
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2,000 new employees to be recruited as opposed to rivals' cuts Despite the carnage on the streets of the cryptocurrency world, Binance, one of the world’s largest and most popular crypto exchanges by trading volume,
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Global Crypto Market Cap May Plunge Below $500 Billion Soon The crypto space is experiencing shock waves ever since the beginning of the year 2022. Multiple external factors fueled the crypto market crash which also
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