Crypto-lender Celsius announced Sunday evening a suspension of withdrawals and transfers as a result of ongoing market turbulence, in what has the bearings of a bank run on its assets as well as the ... ( read original story ...)
Crypto is caving in. What’s up?
What's happening? Is crypto over? Was it a mistake to quit your job six months ago by climbing onto your boss' desk and yelling "I AM A CRYPTO GOD"? As always, no one knows, but here's a little ... ( read original story ...)
Crypto ‘is the first asset class that is accessible to anyone,’ says blockchain educator — why it’s drawing Black, Latino communities
CNBC spoke with The Blockchain Foundation's Cleve Mesidor about cryptocurrency's future and how to keep the space from looking like the old world of finance. ( read original story ...)
Binance, the Biggest Crypto Trading Platform, Pauses Bitcoin Withdrawals
The world's largest cryptocurrency exchange by volume says its team is working on a 'stuck on-chain transaction.' ... ( read original story ...)
What Is Celsius? Why Is It Crashing the Crypto Market?
A difficult year for cryptocurrency investors has become even more challenging after crypto lender Celsius Network (CEL) announced a pause on all account withdrawals and transfers. The Celsius news ... ( read original story ...)
Warrantee Targets $15 Million U.S. IPO For Japan Expansion
Warrantee has filed proposed terms to raise $15 million in a U.S. IPO. The firm provides marketing services. Read more about WRNT stock and its IPO here. ( read original story ...)
Bitcoin plunges as major crypto lender halts operations
Bitcoin and other cryptocurrencies were collapsing in price Monday, after a major crypto lender halted all withdrawals citing “extreme market conditions.” It is the second collapse of a part of the ... ( read original story ...)
Bitcoin plunge breaks below $24,000 as $200 billion wipe off crypto market over weekend
A crypto lending company called Celsius has paused withdrawals for its customers, sparking fears of contagion into the broader market. ( read original story ...)
Crypto firms Celsius, Binance halt withdrawals as bitcoin plummets
Cryptocurrency companies on Monday blocked users from withdrawing funds as the value of bitcoin and other prominent digital assets plunged. Crypto lending company Celsius Network announced late on ... ( read original story ...)
Senate crypto bill defines and delegates digital asset rules—sort of
It defines crypto as a commodity or security and gives authority to the CFTC and SEC. But some terminology and definitions are still unclear. ( read original story ...)
“AND It’s Gone”: Social Media Angry And Furious Over New Crypto Scandal
Crypto investors are burning up social media after crypto lender Celsius Network says it is pausing all withdrawals. ( read original story ...)
Japan’s Nikkei loses most in over 4 months on U.S. inflation woes
Japan's Nikkei share average posted its sharpest drop in more than four months on Monday, ending at a two-week low, after a bigger-than-expected U.S. inflation spike in May sent Wall Street sharply ... ( read original story ...)
Japan govt, central bank reiterate concern over sharp falls in yen
Tokyo is concerned about sharp falls in the yen currency and stands ready to "respond appropriately" if needed, Japan's top government spokesperson said on Monday, issuing a fresh warning to ... ( read original story ...)
JPMorgan Readies Trillion Dollar Crypto Bazooka As Celsius Crisis Fuels Huge Bitcoin And Ethereum Crash—CryptoCodex
The bitcoin price has crashed to under $24,000 per bitcoin, its lowest since late 2020, and looks set to fall further. Ether ETH eum has suffered even sharper declines, losing alm ... ( read original story ...)
Crypto lender Celsius pauses all account withdrawals and transfers as digital tokens plummet across the board
"We are taking this necessary action for the benefit of our entire community in order to stabilize liquidity and operations," Celsius said Monday. ( read original story ...)
Binance pauses bitcoin withdrawals due to a ‘stuck transition’ as crypto sell-off deepens
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 ...)