Curve Finance founder Michael Egorov is attempting to offload some of his DeFi positions to alleviate his mountain of debt, but some have highlighted his liquidity sources. On Aug. 1, Nansen research analyst Sandra Leow posted a list of liquidity sources for Egorov’s Curve DAO (CRV) positions. According to Leow, […]

A body representing FTX customers said it is “extremely disappointed” by the exchange’s draft bankruptcy exit plan and claims it was ignored by FTX’s restructuring team. In a July 31 court filing, FTX’s Official Committee of Unsecured Creditors (UCC) said despite its repeated requests and previous promises from the team, […]

Bankrupt crypto lender Celsius Network may finally see an end to its prolonged court battle with disgruntled customers after the company entered into a settlement agreement to address pending claims related to fraud allegations.  Based on a recent court document, a comprehensive settlement was reached with customers, addressing approximately 30,000 […]

In the latest episode of “The Market Report,” analyst and writer Marcel Pechman discusses the BALD token rug pull and the allegations pointing toward FTX founder Sam “SBF’ Bankman-Fried as the culprit. The token launched on Coinbase’s Base network, which is currently under development, and witnessed incredible gains between July […]

CoinShares, a manager of Bitcoin (BTC), Ether (ETH) and various altcoin crypto exchange-traded products (ETPs) in Europe, reported total revenue of 20.3 million pounds ($25.9 million) in Q2 2023, a 33% increase compared to the prior year’s quarter. According to the Aug. 1 announcement, the firm’s 25% year-over-year decline in […]

Amid the turbulence, the Bitcoin price has finally fallen below the $29,000 support. This decline points to the bears taking over the market, but investor sentiment has not swung the way it normally would in such circumstances. Instead of swinging toward bearish momentum, investors are rather leaning toward greed, suggesting […]

Apple has come under the spotlight over its App Store policies and potential constraints on emerging technologies. On Friday, July 28, two lawmakers, Rep. Gus Bilirakis from Florida and Rep. Jan Schakowsky from Illinois, sent a bipartisan letter to Apple CEO Tim Cook expressing concerns about Apple’s App Store policies […]

The highly popular meme-based cryptocurrency Shiba Inu (SHIB) is celebrating its third birthday today with an impressive return on investment (ROI). The Shiba Inu cryptocurrency project, rooted in the popular Shiba Inu dog meme, presents itself as a rival to Dogecoin and runs on the Ethereum blockchain. The Shiba Inu […]

Major cryptocurrency exchange Binance has announced the launch of a Japan-based arm roughly two years after receiving a warning from the country’s financial regulator. In an Aug. 1 announcement, Binance said local crypto exchange Sakura Exchange Bitcoin has launched as Binance Japan in an effort to operate within the country’s […]