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Celsius network froze customer withdrawals and filed for Chapter 11 bankruptcy in July 2022 U.S based crypto lending protocol Celsius network has released a list of names of users who are eligible to withdraw assets locked on the platform. The 1400-page document submitted to the New York bankruptcy court shows that the court has granted …
The firm’s director has launched this initiative to payback creditors before the expiration of the moratorium extension. HongKong based crypto lender protocol Babel Finance is having a tough time paying back the creditors. The co-founder Wang Li lost $524 million in proprietary trading losses and $224 million lost after lenders liquidated collateral that underpinned loans …
The former BitMEX CEO expects the recession to be the level of the Great Depression of 1930s. In an interview with New York Magazine, Arthur Hayes spilled some beans on his future outlook for the crypto market and global economy. According to him, every central bank will be fixing the price of government bonds within …
The U.S based crypto bank’s share price dwindled from all-time high of $200 to just $8 per share. After selling assets worth billions of dollars, Silvergate Capital is back in the news for all the wrong reasons. In a regulatory filing on March 1, Silvergate released a statement expressing concerns that it could soon become …
Ethereum based decentralized protocol Liquity native token LQTY is trading live on the Binance exchange from 28th Feb 2023. LQTY crypto rallied 132% after listing on the world’s leading crypto exchange i.e Binance. Liquity issued LUSD stablecoin against the ETH deposited by the users on its protocol as collateral. Unlike Tether or BUSD stablecoins LUSD …
Gamium is developing a fully immersive 3D virtual universe for its Avatars inspired by the movie Ready Player One. Upcoming metaverse project Gamium’s native governance token GMM rallied 340% to $0.00025 after the project announced deals with META (Facebook) and Telefonica (TELE). The partnership is a collective effort to push Metaverse Activation Program for web3 …
Elon Musk once again expressed his concerns about AI bots. Tweeted the need for TruthGPT. 2023 is witnessing the rise of Artificial Intelligence (AI). ChatGPT has turned out to be the most successful AI chatbot, amassing over a million active users within 5 days of inception. Soon after, Google launches BARD, its ingenious chatbot to …
ChatGPT and Google BARD hype drove the price of these AI tokens by up to 16% It took 5 days for ChatGPT to hit 1 million registered users. To join the race, Google launched BARD, an Artificial intelligence chatbot that works like ChatGPT. The hype drove the price of promising AI tokens, some of which …
Earlier Coinbase CEO Brian Armstrong took to Twitter and confirmed his fears about the staking ban in the United States. The U.S. Securities and Exchange Commission slapped $30 million fine on San Francisco based cryptocurrency exchange Kraken for violating securities laws. The firm has failed to register the offer and sale of its crypto asset staking-as-a-service …
ConsenSys built Metamask wallet will partner with Onramp.money to bring UPI and IMPS facilities to Indian customers. Metamask extending its support to the Indian payment system is quickly becoming the trending news in the crypto industry. It will integrate Onramp.money, a payment platform built by one of the leading Indian crypto exchanges Bitbns. Onramp will …