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Ripple CEO: We Survive Bear Markets Because We Build Functional Products

Bradley Garlinghouse of Ripple has said they are building products solving real-world problems, explaining why they survive bear markets….
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Celsius Network Pays a $47.1 Million Loan, CEL Rallies 100%

CEL, the native token of the Celsius Network, is up a massive 45 percent against the USDT in the past trading day, defying gravity….
Exhange BlockMagnates

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Crypto.com follows Coinbase to Layoff over 250 Employees

The Singapore-based cryptocurrency exchange, Crypto.com plans to lay off off five percent of its workforce, equivalent to 260 employees….
Crypto News BlockMagnates

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Crypto Traders in Panic after Binance Temporarily Freezes Bitcoin Withdrawals

Binance sent crypto traders and investors into a panic after temporarily pausing Bitcoin withdrawals for several hours on June 13….
Crypto News BlockMagnates

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Edward Snowden Champions the use of Bitcoin and Crypto

Edward Snowden commented on Bitcoin and crypto utility during the CoinDesk Consensus 2022 conference in Austin, Texas. …
Crypto News BlockMagnates

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Bitcoin Miners Unload their BTC Reserves on Falling Prices

Falling Bitcoin prices are forcing miners to liquidate their BTC reserves to cover constant operational expenses like electricity costs….
General crypto articles

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The U.S. SEC is Losing Top Lawyers, Blame on Gary Gensler

Top U.S. Securities and Exchange Commission (SEC) lawyers are reportedly throwing in the towel in droves, frustrated by Gary Gensler….
Crypto News BlockMagnates

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Grayscale will Sue the SEC if their Bitcoin ETF Application is rejected

Grayscale will reportedly sue the U.S. Securities and Exchange Commission (SEC) come July 6 if their Bitcoin ETF application is not approved….
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Osmosis, a DeFi Protocol, lost $5 Million due to Bug Exploit

Osmosis, a proof of stake blockchain and DEX on the interoperable Cosmos ecosystem, has lost $5 billion following a bug exploit….
General crypto articles

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Regular Outages in Solana is why It Receives Bad Ratings

Defi Safety, an independent crypto rating organization, ranks Solana as the second-worst blockchain due to its recurring outages. …
Crypto News BlockMagnates

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Despite a Bitcoin Winter, Dominance Is at a 1-Year High

The global crypto market capitalization stands at $1.24 trillion, with Bitcoin dominant, commanding a 46.6 percent market share. …
General crypto articles

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Coinbase sets Up Database for Recruiters to Hire Candidates Whose Offers Were Rescinded

Coinbase has made public a database of talent to help them find “their next great role” days after rescinding extended job offers. …

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Apecoin Crashes 97% Below All-Time High

Apecoin has now crashed 97% below its all time high. The impact has also been felt in the Ape NFTs which now have seen…
Aave DAO Stablecoin

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Aave Protocol to Create a Stablecoin, GHO

Aave DAO, the governance body of the Aave Protocol, have voted to create an overcollateralized stablecoin, GHO….
Bitcoin FED

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Bitcoin Spikes, FED Chair Oozes Confidence in Taming Inflation

Bitcoin prices are moving higher following the U.S. FED decision to hike interest rates to tame rising inflation….
Kraken Exchange

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Kraken Reportedly Violated U.S. Sanctions on Iran

Kraken will likely get a fine from the U.S. Treasury Department for reportedly permitting Iranians to trade assets using its platform….
SEC Coinbase

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The SEC Investigating Coinbase for Listing Securities

Coinbase is reportedly being investigated by the U.S. SEC for listing digital assets the regular claim to be securities….
Bitcoin BTC

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Analyst: Bitcoin Has a Solid Base to Move Forward

Bitcoin has a solid base to advance after sharp price dips according to Mohamed El-Erian, a revered financial market analyst,….
Stablecoin issuer

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U.S. Bill Demands Stablecoin Reserves be in Cash and Treasuries

Stablecoin issuers like Tether Holdings and Circle Inc. will have to keep their reserves in cash and treasuries if this bill becomes law….
Ethereum Scaling Polygon

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Polygon Releases the zkEVM to Scale Ethereum

Polygon has released the first implementation of zkEVM to scale Ethereum and ensure EVM equivalence while ensuring high performance….
General crypto articles

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Algorand Foundation Possibly lost Millions of Dollars in ALGO to 3AC

Algorand Foundation is one of the over 25 creditors seeking damages from the collapsed crypto hedge fund, 3AC….
General crypto articles

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Coinbase: USDC, USDT to Face More Liquidity Problems if The FED Hikes Interest Rates

A Coinbase report predicts that stablecoins, including USDC and USDT, will face liquidity challenges if the FED hikes rates….
General crypto articles

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USDC Backed by $55.7 Billion in Reserves Mostly Held in U.S. Treasuries

USDC is sufficiently backed with $55.7 billion in reserves mostly held in U.S. Treasuries and cash in regulated banks….
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Celsius Network Files for Bankruptcy, has $167 Million in Cash

Celsius Network has filed for bankruptcy in New York to stabilize and restructure less than a month after suspending withdrawals….

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Apecoin Crashes 97% Below All-Time High

Apecoin has now crashed 97% below its all time high. The impact has also been felt in the Ape NFTs which now have seen…
Aave DAO Stablecoin

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Aave Protocol to Create a Stablecoin, GHO

Aave DAO, the governance body of the Aave Protocol, have voted to create an overcollateralized stablecoin, GHO….
Bitcoin FED

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Bitcoin Spikes, FED Chair Oozes Confidence in Taming Inflation

Bitcoin prices are moving higher following the U.S. FED decision to hike interest rates to tame rising inflation….
Kraken Exchange

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Kraken Reportedly Violated U.S. Sanctions on Iran

Kraken will likely get a fine from the U.S. Treasury Department for reportedly permitting Iranians to trade assets using its platform….
SEC Coinbase

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The SEC Investigating Coinbase for Listing Securities

Coinbase is reportedly being investigated by the U.S. SEC for listing digital assets the regular claim to be securities….
Bitcoin BTC

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Analyst: Bitcoin Has a Solid Base to Move Forward

Bitcoin has a solid base to advance after sharp price dips according to Mohamed El-Erian, a revered financial market analyst,….
Stablecoin issuer

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U.S. Bill Demands Stablecoin Reserves be in Cash and Treasuries

Stablecoin issuers like Tether Holdings and Circle Inc. will have to keep their reserves in cash and treasuries if this bill becomes law….
Ethereum Scaling Polygon

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Polygon Releases the zkEVM to Scale Ethereum

Polygon has released the first implementation of zkEVM to scale Ethereum and ensure EVM equivalence while ensuring high performance….
General crypto articles

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Algorand Foundation Possibly lost Millions of Dollars in ALGO to 3AC

Algorand Foundation is one of the over 25 creditors seeking damages from the collapsed crypto hedge fund, 3AC….
General crypto articles

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Coinbase: USDC, USDT to Face More Liquidity Problems if The FED Hikes Interest Rates

A Coinbase report predicts that stablecoins, including USDC and USDT, will face liquidity challenges if the FED hikes rates….
General crypto articles

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USDC Backed by $55.7 Billion in Reserves Mostly Held in U.S. Treasuries

USDC is sufficiently backed with $55.7 billion in reserves mostly held in U.S. Treasuries and cash in regulated banks….
defi general image

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Celsius Network Files for Bankruptcy, has $167 Million in Cash

Celsius Network has filed for bankruptcy in New York to stabilize and restructure less than a month after suspending withdrawals….

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