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Sunak’s “crypto hub” in jeopardy
The former UK Chancellor’s plans to develop a “global crypto hub” could be delayed following his recent resignation from cabinet. Earlier this year, Chancellor of the Exchequer Rishi Sunak announced it was his “ambition to make the UK a global hub for crypto-asset...
Choise.com announces $5,000,000 Celebration Pool
DeFi platform Choise.com has launched its Celebration Pool to recognize the company’s achievements during the crypto downturn. The inaugural MetaFi – centralized (CeFi) and decentralized (DeFi) – ecosystem has enabled users to open an interest account to enjoy an...
Meta doubles down on NFTs
Meta, formerly known as Facebook, has reaffirmed its plans to continue investing in digital collectibles a day after it announced that it will discontinue the Novi cryptocurrency wallet but also seek to repurpose its underlying technology. Head of fintech Stephane...
Voyager Digital files for bankruptcy
Cryptocurrency brokerage and lender Voyager Digital has filed for bankruptcy, becoming the latest company to fold under the weight of the crypto crash. The company confirmed on Wednesday that it has started a voluntary Chapter 11 bankruptcy proceedings in the US and...
Bitstamp installs inactivity fee
Bitstamp has announced that it will charge an inactivity fee to account holders who have balances under $200 and haven’t been online or transacting money in the past 12 months. The company detailed the plans in a recent blog post. The new measure will charge around...
The Ledger: Bitcoin drops below $19,000 again, while Three Arrows goes to the wall
This week opened with Crypto hedge fund Three Arrows being ordered into liquidation by a British Virgin Islands (BVI) court after it was hit hard by...
The Ledger: Coinbase cuts jobs, Celsius faces legal challenges and Binance aims for business as usual
It may be summer where you live, but the cryptocurrency industry has frozen over with Bitcoin (BTC) flirting dangerously with the $20,000-threshold...
Pennsylvanian pharmacist feeds the homeless via crypto
Pennsylvania-based pharmacist Kenneth Kim has been using cryptocurrency to feed the homeless. He started his Crypto For The Homeless (CFTHL) project...
The Ledger: Retailers turn to crypto; DOJ calls for global action against crypto crime
The world of cryptocurrency has taken a hit. “Crypto winter” is a term we will have to get used to and despite some minor improvement of the value...
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The Ledger: Bitcoin drops below $19,000 again, while Three Arrows goes to the wall
This week opened with Crypto hedge fund Three Arrows being ordered into liquidation by a British Virgin Islands (BVI) court after it was...