Category: News

Utoday: Embattled cryptocurrency lender Celsius recently filed for bankruptcy protection Celsius CEO Alex Mashinsky has admitted that the company had a $1.2 billion hole in its balance sheet gap, according to the company’s bankruptcy documents. It was previously rumored that the huge balance sheet hole was the reason why cryptocurrency exchange FTX passed on the […]

Utoday: Binance has moved to remove fees for slew of Bitcoin spot trading pairs Binance, the world's largest cryptocurrency exchange by reported trading volumes, has removed fees for a wide range of Bitcoin spot pairs on the occasion of its fifth anniversary, according to an announcement posted this Wednesday. Users will be able to trade Bitcoin against […]

Utoday: Embattled cryptocurrency hedge fund Three Arrows Capital filed for Chapter 15 bankruptcy protection on Friday, the Financial Times reports.   Chapter 15 is a tool that allows foreign debtors to handle bankruptcy proceedings in the U.S. It will make it possible for the hedge fund to shield its stateside assets during the process of liquidation. […]

Contents Ethereum-based technologies for unlisted companies' shares: Case of Norway Arbitrum's adoption gained traction in Q2, 2022 For the first time, a major country has begun using Ethereum and its products to create a completely new type of financial market for inclusive and democratic trading. Ethereum-based technologies for unlisted companies' shares: Case of Norway Jon Ramvi, Web3 developer and founder […]

Utoday: Tether announced plans to launch a stablecoin pegged to the British Pound Sterling, GBPt. Initially, the GBPt stablecoin, as always, will be available on the Ethereum blockchain. The coin will be released as early as next month, in July. After its launch, GBPt will join the Tether storefront, which already features such coins tied to such […]

Coinbase, the largest cryptocurrency exchange in the U.S., intends to fire as many as 1,100 employees as part of a major restructuring plan announced earlier today. The shares of Coinbase have now plunged almost 7% on the news. They are now on track to reach another record low of $48, plunging by a staggering 79% since the […]

The Commodity Futures Trading Commission (CFTC) has taken the Gemini cryptocurrency to court, alleging that the Winklevoss-led cryptocurrency exchange misled the regulator about the nature of its Bitcoin futures contract, according to a report by Bloomberg.   Gemini allegedly made false statements during meetings with CFTC staff about its operations. The exchange allegedly lied about preventing market […]

For more cryptocurrencies news, check out the uToday portal. The British Columbia Search and Rescue Association (BCSARA), a non-profit volunteer-based organization that provides support for the un-paid professional ground search and rescue community, has announced that it now accepts donations in Bitcoin and Ethereum, the two largest cryptocurrencies. Crypto contributions will be accepted via CanadaHelps, the largest […]

Ethereum's (ETH) explorer Etherscan, crypto analytics service CoinGecko, portfolio management app DexTools and other Web3 infrastructure services are attacked Contents No free "Apes" in crypto Was the attack mitigated? Crypto scammers attacked Web3 infrastructure platforms through an unusual design. By compromising a single advertising instrument, attackers managed to steal tokens from thousands of wallets. No […]