Bitcoin Lightning Network Reaches an All-Time High
The previous all-time highs of the Bitcoin Lightning Network have been surpassed by it. Being a scaling solution based on layer two, the Lightning Network...
U.K Govt Ready to Tax DeFi, Calls for Evidence
Amid the recent crisis in the DeFi market, the crypto holders in the UK are going to be taxed by the government. The government has...
Binance Custody to Collaborate with Pinely for Protection of Digital Assets
On 4th July 2022, Binance turned toward its official web portal to declare that Pinely (a Singapore-based privately funded and owned company focused on algorithmic...
‘Vauld’ Halts Deposits, Withdrawals, and Trading Amid Financial Blows
A crypto exchange and lending venture which is headquartered in Singapore – Vauld – has put a stop to its deposits, trading, as well as...
Celsius Network Shuns 150 Employees due to Crypto Winter
The problems of Celsius Network are reportedly getting more intense as it became inevitable for the firm to dismiss a considerable number of the employees...
Solana-based Crema Finance Closed during the Hack Investigation
A focused liquidity protocol (Crema Finance) operating on the blockchain of Solana declared the momentary termination of the services thereof due to an effective exploit....
KuCoin CEO Disapproves Rumors of Discontinuing Withdrawals
Some rumours have been circulating within the crypto market that – because of having exposure to Three Arrows Capital (the recently collapsed venue) – KuCoin...
Shiba Inu Restaurant Welly to Introduce “WellyDogDAO”
In its recent Twitter post, the initial non-fungible token (NFT) project containing rewards taken from the stores of fast food powered on the behalf of...
Weekend: 3AC Submits for Bankruptcy, BlockFi and FTX Settle, Voyager’s Suspension
With the end of another week of severe crypto winter, a lot of significant news came to the front, giving additional clarity on the position...
Tether Confirms the Expiry of its 5B Commercial Paper
Tether declared that the network’s 5B commercial paper will get to its end on 31st July. The consequence of the respective move will be a...