Exchange
FTX Founder: More Crypto Exchanges will Declare Bankruptcy
Sam Bankman-Fried, the billionaire founder of FTX, expects more turbulence in crypto after revealing that some exchanges are insolvent.
Block Magnates
Crypto News
In Block Magnates we cover the latest crypto news and trends from around the web.
Regulation
SEC Chair: Bitcoin is the only Commodity
In a recent interview, Gary Gensler, the SEC Chair, said Bitcoin is the only cryptocurrency he would classify as a…
Ethereum
Morgan Stanley: PoS will not Solve Scaling Problems in Ethereum
Morgan Stanley is pessimistic on Ethereum plans of migrating to a proof-of-stake system saying scaling challenges won't be resolved.
DeFi
Voyager Digital Wants to Recover over $660 million from 3AC
Voyager Digital is planning to recover over $660 million from Three Arrow Capital (3AC), issuing the hedge fund a notice…
DeFi
BlockFi Increases Deposit Rates, a $25 Withdrawal Fee Will Also Apply
BlockFi has announced that it will increase deposit rates of top crypto assets supported and will also introduce a $25…
Crypto News
Projects that Survive the Crypto Winter will Blossom: BoE
The Deputy Governor of the Bank of England (BoE), Jon Cunliffe, has said projects that survive the crypto winter will…
DeFi
Harmony Bridge Exploited for over $100 Million in ETH
On June 24, the Harmony Bridge was hacked and roughly $100 million of ETH stolen, the team has confirmed. The…
Crypto News
Cardano’s Project Catalyst Now Supports 100 Start-ups
Project Catalyst, the world's largest decentralized fund for Cardano start-ups, now supports over 100 projects.
Ethereum
Institutions Appear to be Exiting their Ethereum (ETH) Positions
Crypto institutions appear to be exiting their Ethereum positions as on-chain activity droop, according to data from Coinshares
NFT
GameStop Users to Buy ETH using Fiat Following Ramp Integration
GameStop users can now purchase ETH from the platform's non-custodial wallet following partnership with Ramp.