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[ad_1] In an unexpected turn of events, Tesla CEO Elon Musk announced his intention to end the $44 billion Twitter deal via a letter sent to the board of the social media giant. In short, the world’s richest man is not happy with the lack of information Twitter provided about spam and fake accounts. According […]

[ad_1] A former investment manager at Celsius Network filed a lawsuit against the popular crypto lending firm on Thursday, claiming that the firm involved itself in market manipulation and failed to create basic accounting controls to safeguard customer deposits. Jason Stone, the CEO and founder of KeyFi, who was employed by Celsius, filed the matter

[ad_1] The crypto market as a whole is mixed. Bitcoin was trading at $21,333 at the time of writing.   Top cryptos Over the past 24 hours, Bitcoin’s price rose around 5% to reach its highest levels in three weeks. Ethereum was up around 2% at time of writing, while XRP climbed around 3%.  Cryptos

[ad_1] Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week. This past week, the DeFi ecosystem got recognition from the United Kingdom government, as they sought public feedback on taxation of the DeFi ecosystem, especially staking

[ad_1] Bitcoin (BTC) hit the $22K level, a scenario last seen in mid-June after Boris Johnson resigned as the UK prime minister. Even though BTC had retraced to the $21,825 zone during intraday trading, the leading cryptocurrency was still up by 7.18% in the last 24 hours, according to CoinMarketCap. Johnson resigned in a week

[ad_1] Blockchain.com is one of the cryptocurrency companies likely to lose millions of dollars as a result of the collapse of crypto hedge fund Three Arrows Capital. A report by CoinDesk states that the crypto exchange, among the oldest in the industry, could see $270 million flushed down the drain due to 3AC’s liquidation. Crypto

[ad_1] Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our excess — and revealing the most toxic players in our industry. I’ve talked to you about Terra, Celsius, Three Arrows Capital, BlockFi — what about

[ad_1] Milan, Italy, 8th July, 2022, Chainwire Umetaworld, the first-ever social media metaverse, has announced the launch of its new website and mobile app. Both launches signal the metaverse open for users who can now interact with others as well as a digital landscape. The website will be going live in the second week of

[ad_1] Crypto mining company EZ Blockchain plans to expand its mining rigs to 16 megawatts by using Georgia’s underutilized power resources. The new project focuses on four EZ blockchain mobile data centres launched in December 2021 in partnership with the City of West Point. The company invested more than $1 million to fully utilize emission-free

[ad_1] TRON DAO Reserve has today announced on Twitter that it has purchased an extra $10 million worth of USDD and $10 million worth of TRX for its reserve. The tweet reads: “To safeguard the overall blockchain industry and crypto market, TRON DAO Reserve have purchased another $10,000,000 #USDD and #TRX as reserve.” TRON reserve