Business

Jul 5, 2022

Crypto lender CoinLoan decreases its withdrawal limit by 100 times

Due to time restrictions, users can only withdraw up to $5 000 daily from the platform

Jul 4, 2022

Binance’s chief growth officer leaves the company after 5 years of work

In the future, Ted Lin plans to mentor and become a private investor in crypto startups

Jul 4, 2022

Crypto platform Vauld suspends withdrawals

The company has also engaged financial and legal advisors to carry out restructuring

Jul 4, 2022

Media: Celsius cuts its staff by one-quarter

Earlier, the platform’s representatives said about active work on resuming withdrawals and resolving liquidity issues

Jul 4, 2022

Tesla’s unrealized losses from bitcoin investments amount to $440 million

According to The Telegraph, this amount is equivalent to 9% of the carmaker’s profits for all of 2021

Jul 4, 2022

Crypto broker Voyager Digital suspends all operations

The platform holds about $685 million in digital assets in its accounts, while the volume of loans issued exceeds $1,1 billion

Jul 4, 2022

Crypto exchange FTX US signs deal with BlockFi with the platform’s buyout option

It is noted that the company was adversely affected by the freezing of Celsius customers’ funds and the bankruptcy of the hedge fund Three Arrows Capital

Jul 3, 2022

FTX refuses to buy Celsius

The exchange’s experts have identified a discrepancy worth $2 billion in the platform’s balance sheet

Jul 2, 2022

Colin Wu: Huobi co-founder to sell his stake in the company

The journalist added that the crypto exchange’s revenue plummeted after users from China were blocked and part of employees were laid off

Jul 1, 2022

BlockFi CEO refuted $25 million company sale to FTX

Zac Prince urged to verify the information and believe only the comments of the platform itself

Jul 1, 2022

Crypto exchange CoinFLEX postponed the resumption of withdrawals

The company refers to negotiations with investors interested in buying the Recovery Value USD (rvUSD) token

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