Day: July 1, 2022

✅VIENE LOCURA! ETHEREUM Y BITCOIN! 🚨Noticias Criptomonedas Hoy 19 mayo BITCOIN ETHEREUM TERRA

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Conviértete en miembro de este canal para disfrutar de ventajas: Si te gusta este contenido, te invito a que te suscribas!! Contenido diario sobre criptomonedas en el que traemos las noticias más destacadas del momento. – Bitcoin quiere crear los pagos silenciosos para que nadie oiga a dónde va tu dinero – Los primeros votos de Terra indican que el 91% de la comunidad está a favor del hard fork de la red – El precio de Bitcoin cae por debajo de…

TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals – Bitcoin News

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After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line from Alameda Ventures in order to “safeguard customer assets.” Five days later on July 1, Voyager announced the crypto company was “temporarily suspending trading, deposits, withdrawals and loyalty rewards.” Another Crypto Firm Freezes Withdrawals, Voyager CEO Says ‘It Was a Tremendously Difficult Decision’ The embattled digital currency firm Voyager Digital (OTCMKTS: VYGVF) announced a temporary withdrawal and deposit pause on Friday, according to a recent…

DappRadar and LayerZero launch chain-agnostic staking token

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DappRadar and omnichain interoperability protocol LayerZero have launched a new token to enable cross-chain staking across multiple blockchains and Ethereum Virtual Machine (EVM)-compatible networks — a move designed to minimize fees and increase access to staking opportunities. The functionality for the newly launched RADAR token is provided through a set of smart contracts, DappRadar said. One of the contracts is known as the controller and the other as a proxy. The two smart contracts work together to enable the new staking mechanism. Requests made to withdraw or claim rewards are…

Voyager Digital freezes trading, deposits, withdrawals and rewards, blames 3AC default

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Cryptocurrency exchange Voyager Digital announced Friday that it was temporarily suspending trading, deposits, withdrawals and loyalty rewards. “The failure of a borrower, Three Arrows Capital, to repay a substantial loan from us makes this the right path forward,” Voyager Digital CEO Stephen Ehrlich said on Twitter soon after the service suspension went into effect.  “This decision, while far from optimal, will give us time to work to strengthen our balance sheet, a necessary condition to protect assets and preserve the future of the Voyager platform we have built together,” Ehrlich…

Bitcoin trader says expect more chop, downside, then sideways price action for BTC this summer

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Discussion of the state of the crypto market has been a dominant headline over the past few weeks as non-crypto native media excoriate Bitcoin (BTC) and DeFi investors for investing in assets with no fundamental value. At the same time, crypto-savvy analysts and traders have been pouring over charts, looking for clues that signal when the market will bottom and reverse course. Novice investors are clearly nervous and a few have predicted the demise of the burgeoning asset class, but for those that have been around for multiple cycles, this new bear…

Battle-hardened Ronin bridge reopens following $600M hack: Finance Redefined

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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 saw Axie Infinity’s Ronin bridge relaunch with a fully backed 1:1 Ether (ETH) nearly three months after the infamous $600 million hacks. MakerDAO plans to invest $500 million into United States treasuries and bonds to weather the ongoing bear market. Polkadot announced that they would transform their governance model to move towards complete decentralization. While decentralized…

BlockFi announces deal with FTX US, including ‘option to acquire’ for $240M

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FTX US has inked a deal with BlockFi that will give the crypto derivatives exchange the option to purchase the lending firm. In a Friday Twitter thread, BlockFi CEO Zac Prince said the crypto lending firm had signed agreements with FTX US for a $400-million revolving credit facility as well as the option to acquire BlockFi “at a variable price of up to $240 million based on performance triggers.” According to the CEO, the deal was reached as part of an effort “to bolster liquidity and protect client funds” at…