Business

Jun 26, 2022

Largest BTC holder increased investments in cryptocurrency to $2,75 billion

Between June 14 and June 18, an institutional investor bought $52 million worth of bitcoins

Jun 25, 2022

Crypto platform Bitpanda to cut over 70% of staff

The decision came as part of cost-cutting measures announced amid the downturn in the digital assets market

Jun 25, 2022

Goldman Sachs started looking for investors to buy back Celsius’ assets

The investment bank requested $2 billion from cryptocurrency funds and traditional financial institutions

Jun 25, 2022

FTX began talks to buy stake in BlockFi

The cryptocurrency exchange had previously given a $250 million loan to the platform

Jun 24, 2022

Crypto exchange CoinFLEX suspended withdrawals due to market collapse

The platform’s native token FLEX is also temporarily unavailable for trading

Jun 24, 2022

Celsius’ funds freezing triggered boom in hardware crypto wallet sales

Ledger device purchases have increased 4,5 times since the platform suspended its withdrawal and asset exchange functions

Jun 23, 2022

Cardano Foundation announced partnership with the Linux Foundation

The collaboration will be promising for open source software developers

Jun 23, 2022

Coinbase to merge service for professional traders with the main app

An upgraded version of the integrated service Advanced Trade will be launched in the exchange’s mobile app in the coming weeks

Jun 23, 2022

Binance refused loan to hedge fund Three Arrows Capital

According to the crypto exchange’s head Changpeng Zhao, 3AC is not the first company to seek their help

Jun 23, 2022

Crypto companies cut ad spending by 90%

According to experts, the reason for the reduction in marketing spending was the slump in the digital assets market

Jun 23, 2022

Ripple to open its first office in Canada

The Toronto unit will become the company’s main engineering hub

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