The saga around Three Arrows Capital (3AC) continues as liquidators charged with the case cannot get in contact with either founder Kyle Davies or Su Zhu. According to a court document filed on Friday 8 July, both the founder’s whereabouts are currently unknown, and liquidators are yet…
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One of the hottest projects in the NFT space is the Bored Apes Yacht Club, affectionately known as BAYC. For those of you who are new to the NFT space but might’ve seen it mentioned in Jimmy Fallon‘s show or elsewhere, it’s a series of 10,000 apes with…
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Bitcoin (BTC/USD) extended its recent pullback early in the Asian session as the pair failed to sustain recent gains and tested the 20546.77 level, representing the 50% retracement of the recent appreciating range from 18603 to 22490.54.  Stops were elected below the 21005.50 area during the move…
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It had previously been valued at more than $45 billion.  The post Klarna valuation cut to $6.7 billion in $800 million fundraise appeared first on The Block.
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Crypto-powered financial app Revolut has announced an educational program that will award participants in return for completing quizzes. The scheme is designed to raise awareness and knowledge of cryptocurrencies and is targeted at users of Revolut’s popular crypto-saving app. The multi-part educational series begins with a primer…
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In Todays Headline TV CryptoDaily News: Navigating financial fallout Embattled cryptocurrency lender Celsius Network LLC has hired new lawyers for restructuring advice as it navigates the financial fallout from recent turmoil in crypto markets, according to people familiar with the matter. Bitcoin went below $21,000, investors expect…
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The crypto market has already borne witness to the tremendous growth and subsequent slide of decentralized finance (DeFi) on second-generation blockchains, spearheaded by none other than Ethereum. To date, Ethereum dominates the DeFi landscape, thanks to its array of Solidity smart contracts.  However, as a layer-1 blockchain…
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The U.S. Treasury said on July 7 that it had delivered a framework to President Joe Biden for international engagement and an inter-agency approach to address the risks and benefits that come with digital assets. Notably, the infrastructure also directs the administration to promote the development of…
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The United States Treasury Department has turned over a report to President Joe Biden detailing an international-level framework to address the risks and benefits of digital assets. Treasury Leads Interagency Effort  The Treasury report was required under the directives issued by President Biden’s executive order. On Thursday,…
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Companies offering crypto asset related services have welcomed with optimism the news that the three institutional bodies of the European Union (EU), the European Parliament, the Commission, and the Council, have reached an agreement on the text of the proposed cryptocurrency market regulation. The landmark crypto-asset markets…
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