Binance said Monday that it is temporarily pausing bitcoin withdrawals "due to a stuck transaction causing a backlog." At first, Binance founder and CEO Changpeng Zhao said in a tweet that the issue ... ( read original story ...)
Crypto VCs say the frenzy to invest in Web3 startups at any cost is cooling off. Here’s where they now see opportunity.
Web3 startup funding is getting less frenzied as the crypto market falls, VCs told Insider at the Consensus conference. Some are shifting their focus. ( read original story ...)
Crypto lender Celsius halts withdrawals due to ‘extreme market conditions’
Transfers also ‘paused’ between Celsius accounts as value of digital asset market slips below $1tn ... ( read original story ...)
Crypto.com says it will lay off 260 employees, joining the downsizing wave hitting crypto exchanges
Crypto.com paid $100 million to have Matt Damon as its spokesperson and spent a reported $700 million to rename LA's Staples Center. ( read original story ...)
Crypto firm Celsius pauses transfers, withdrawals as markets tumble
Bitcoin extended earlier declines after Celsius’s announcement, falling more than 6% to as low as $24,888, an 18-month low. ( read original story ...)
Japan’s Nikkei posts biggest drop in over 4 months on U.S. inflation woes
"Japan has some positive cues and its fundamentals are relatively firm, with reopening of the economy and the weakened yen," Mitsui said.The volume of.. ( read original story ...)
The biggest crypto scams of 2022 (so far)
Join Mashable as we take a mid-year breather to look back at everything that's delighted, amazed, or just confused us in 2022 (so far). We're only six months into 2022 and billions of dollars in ... ( read original story ...)
Bitcoin briefly drops below $25,000 as $150 billion wiped off crypto markets over the weekend
Factors including rampant inflation and an imminent interest rate hike from the U.S. Federal Reserve, along with an issue at Celsius, are behind the sell-off. ( read original story ...)
‘The IMF is evil’: Rich countries take aim at nations adopting crypto
The IMF is evil,” was one typical Twitter response to last month’s move, punctuated with an emoji of an extended middle finger. Across four continents, tensions over the future of money have mounted ... ( read original story ...)
Crypto carnage continues! Investors lose over $2 trillion in eight months
Bitcoin, the largest crypto token, is barely above the $25,000 level. It has dropped more than 20 per cent over the weekend, with its market cap slipping below $500 billion or half a trillion. ( read original story ...)
Here’s what young entrepreneurs and investors think about crypto
Crypto has gone mainstream. Once an esoteric investment held by a select group of people on the internet, it’s now something many investors hold in their portfolio. The global cryptocurrency… Read Mor ... ( read original story ...)
Crypto Lender Celsius Freezes Withdrawals, Fueling Market Rout
Celsius Network Ltd. paused withdrawals, swaps and transfers on its platform, fueling a broader market selloff as traders continued to question the sustainability of high-yielding tokens in the wake ... ( read original story ...)
Japan shares lower at close of trade; Nikkei 225 down 3.01%
Investing.com – Japan equities were lower at the close on Monday, as losses in the Transportation Equipment, Precision Instruments and Chemical, Petroleum&Plastic sectors propelled shares lower. At ... ( read original story ...)
Crypto crash reason (6/13): Why is crypto crashing today?
Why is crypto crashing today? Cryptocurrency markets have crashed to a new low of this year today. The global market cap has shrunk to $1.02 trillion from $1.10 trillion recorded yesterday. T ... ( read original story ...)
Crypto Top Gainers Today (6/13): Amid crypto crash, this coin jumps 480% – Check biggest gainers of today
Even as the global cryptocurrency market has crashed to a new low of this year in the last 24 hours, several low-ranked crypto tokens have registered price gains of over 100 per cent. ( read original story ...)
Crypto News Recap: Terra Founder Denies Cashing Out Before Crash
The craziest story this week in the crypto world was about the allegations that are hunting the founder of Terra, Do Kwon. ( read original story ...)