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Celsius Has Hired Advisors in Case of Bankruptcy: WSJ
The crypto lending firm has brought in a second group of legal consultants. Celsius has brought in advisors to help it prepare for potential bankruptcy, according to the Wall Street Journal. Insiders say that consultants from Alvarez & Marsal are helping the…
Ontario Securities Commission Slaps Bybit and KuCoin With Penalties
The Canadian regulator said the two exchanges were selling unregistered securities to Ontario residents. A top Canadian financial regulator has slapped two crypto exchanges, Bybit and KuCoin, with enforcement actions for failing to comply with securities laws in the Canadian province of…
Keep Patience, Trust Bitcoin: El Salvador President has A Message for Bitcoin Investors
On Saturday, June 18, Bitcoin underwent another major price correction slipping under $20,000 for the first time since December 2020. As of press time, BTC is trading at $18,548 with a market cap of $354 billion. Panic has spread all across the…
DeFi: A Beacon Of Hope For Millions Of Unbanked Across The World
Decentralized finance refers to a financial system that merges the services provided by traditional banks with next-generation technologies such as blockchain and cryptocurrency. With these unique foundations, DeFi is able to serve the needs of businesses and consumers, providing them with access…
With Bitwise and Grayscale Decisions Looming, Spot Bitcoin ETF Approval Hopes Are Running Low
Final deadlines for approval by the SEC for the two investment firms' applications are fast approaching. Expectations for the U.S. Securities and Exchange Commission's approval of two upcoming spot bitcoin ETF (exchange-traded fund) applications are low, and have faded since the approval…
Investors are worried about SUSHI behind other cryptocurrencies
The cryptocurrency Twitter community has expressed worry over sluggish cryptocurrencies, particularly SushiSwap (SUSHI). SUSHI has been in trouble since the decentralized exchange (DEX) was implemented on the Kava network. SushiSwap was able to use the Cosmos system's incentives thanks to the Kava…
VeeFriends Surpasses $500 Million in All-Time NFT Sales
Despite the steep decline in overall monthly sales volume, VeeFriends NFTs continue to surpass new milestones in the non-fungible token space. VeeFriends has been a valuable project in the adoption of digital collectibles by the mainstream since its May 2021 launch, reaching…
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