Last week, the price of Convex Finance was $6.03. It is now at $6.56 after moving 8.82% during the last week. In reality, CVX has […]
Long-standing crypto project vs. scam: Ava Labs CEO shares key difference
Ava Labs CEO has condemned players that jump into every single new coin offering or token in the hopes that they will go up.
Barry Silbert’s DCG selling off assets at distressed prices, but market doesn’t care
Key Takeaways DCG own the Grayscale Bitcoin Trust, which has been trading at a sizeable discount following concern around the reserves held DCG has begun selling off crypto assets at distressed prices following bankruptcy of Genesis Market seems to have priced this in, but there could be more twists to come A couple of weeks […]
DCG and Genesis reach initial deal to restructure plan with creditors
The Digital Currency Group and Genesis have reached an initial deal with a group of the firm’s main creditors. The agreement involves selling Genesis’ bankrupt entities and refinancing outstanding loans. Barry Silbert’s crypto conglomerate has started sorting out its financial affairs. The Digital Currency Group (DCG) and its leading subsidiary Genesis reached an agreement […]
Terra Classic and Binance collaborate to send LUNC to the moon: Details inside
LUNC’s network upgrade will take place approximately on 14 February 2023. Market indicators and metrics were bullish. A few days ago, Terra Classic [LUNC] announced its plans to launch a new upgrade, titled v1.0.5. On the same note, on 6 February, Binance revealed that it will support LUNC’s latest network upgrade. According to the announcement, […]
Alameda-Linked Address Withdraws $2 Million in FTT – What’s In Store Crypto Market?
The post Alameda-Linked Address Withdraws $2 Million in FTT – What’s In Store Crypto Market? appeared first on Coinpedia Fintech News After a whopping $13 million worth of assets was transferred to the consolidation wallet of Alameda Research, a new development suggests that there was a $2 million withdrawal by an Alameda-linked address labeled “brokenfish.eth”. […]
ConsenSys Joseph Lubin Talks Contagion and Regulations Following 2022 CeFi Crash
Following the spectacular collapse of numerous CeFi companies last year, all regulatory eyes have been focused on the crypto industry. Joseph Lubin, the CEO of ConsenSys, also weighed in on the matter during the Building Blocks 23 event in Tel Aviv, saying his organization wants to collaborate with global watchdogs to introduce more friendly regulations. […]
BabyDoge Is The Next Fav Coin To Buy For The Upcoming Bull Run, Claims Twitter Poll
The post BabyDoge Is The Next Fav Coin To Buy For The Upcoming Bull Run, Claims Twitter Poll appeared first on Coinpedia Fintech News The crypto market is currently hovering between bulls and bears. A few crypto like Bitcoin, Ethereum, BNB, Solana have slightly gained while a few others like XRP, Cardano, Dogecoin, Shiba Inu […]
BREAKING: DCG to sell shares of 635.000 BTC trust – Is a Bitcoin and Ethereum price fall incoming? Report
Digital Currency Group has reportedly started selling off shares of its Grayscale Ethereum and Bitcoin Trusts. The sell-off is an attempt to accrue funds to pay Genesis creditors. Amid the ongoing turmoil within its subsidiary, the Digital Currency Group (DCG) is already selling off assets from its subsidiary, Grayscale Investments, including its Ethereum reserve. According […]
Yuga Labs Ends Suit with Ryder Ripps Developer
Reading Time: 2 minutesYuga Labs has ended a lawsuit with Ryder Ripps’ developer Thomas Lehman The Bored Ape creator had accused Lehman of deliberating taking part in promoting a Bored Ape rip off Yuga Labs’ case against digital artist Ryder Ripps is still open Bored Ape creator Yuga Labs has ended a lawsuit with digital […]