Day: July 22, 2022

Three Arrows Capital Founders Speak After Filing Bankruptcy, Exec Says the ‘Whole Situation Is Regrettable’ โ€“ Bitcoin News

boss

This week the two co-founders of the embattled cryptocurrency hedge fund Three Arrows Capital spoke to Bloomberg about their fund crumbling at the seams. The co-founders Su Zhu and Kyle Davies did not disclose their whereabouts, but a lawyer who monitored the interview noted the duo is located in the United Arab Emirates. Zhu said that he would โ€œmaybeโ€ accept being called โ€œstupid,โ€ but people saying that he โ€œabsconded funds during the last periodโ€ is โ€œnot true.โ€ 3AC Founders Discuss the Companyโ€™s Financial Woes The crypto hedge fund Three Arrows…

Nexo, Crypto Lender on Prowl for Ailing Rivals, Faces Declining Deposits

This year’s crash in crypto prices has rattled nerves of retail depositors while also saddling big industry players with losses on assets they had lent out in search of yields. Celsius Network, a crypto lender, and Voyager, a crypto trading platform, each froze withdrawals and later declared bankruptcy. Another distressed lender, BlockFi, received a credit lifeline from crypto exchange FTX, which later gained an option to acquire the firm at a steep discount. Source

ApeCoin And Curve DAO Show Gains

boss

Several altcoins are gaining attention as the cryptocurrency market is on the mend, including ApeCoin (APE) and Curve DAO (CRV), which have increased by 17% and 24% over the previous 24 hours, respectively. People are becoming more optimistic as a result of these improvements. ApeCoin (APE) is ranked number thirty-three in the top 100 coins. It is an ERC-20 token generated for governance and utility. The decentralized autonomous organization ApeCoin DAO developed and debuted the coin and is based on the Ethereum blockchain network. Related Reading |ย TA: Ethereum Eyes Fresh…

ETH Rebounds, Climbing to Over $1,600 on Friday โ€“ Market Updates Bitcoin News

boss

Ethereum was back in the green on Friday, as bulls returned to action following yesterdayโ€™s selloff. Crypto markets set aside concerns over Teslaโ€™s bitcoin sale, extending this weekโ€™s rally in the process. Bitcoin was also up in todayโ€™s session, as it headed back towards $24,000. Bitcoin Bitcoin (BTC) prices rose on Friday, as markets rebounded following yesterdayโ€™s Tesla-led selloff. The worldโ€™s largest cryptocurrency climbed to an intraday high of $23,663.72 in todayโ€™s session, after dropping to $22,431.12 less than 24 hours ago. Todayโ€™s move sees bitcoin move back towards its…

Blockchain technology is transforming the real estate market โ€“ Cointelegraph Magazine

Property is the worldโ€™s single largest store of wealth, and if the cryptocurrency and blockchain world is seeking an express route to mass adoption, it could do worse than partnering with the real estate industry.ย  According to a September 2021 report by Savills World Research, the estimated value of all the worldโ€™s real estate stands at $326.5 trillion. By comparison, crypto-sector market capitalization was about $1 trillion in mid-July.ย  ย  ย  ย  ย  The property market, moreover โ€” at least its commercial real estate segment โ€” is also characterized by…

Learn Web 3, Solidity and Blockchain | Blockchain Crash Course 2022 ๐Ÿ”ฅ

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io So you’re someone just getting started with or looking to explore Web3, Solidity, Blockchain? This crash course is just the perfect deal for you! Take a deep look into what it’s all about, the requirements, the prospects and how to master them, most importantly. Tune into this video till the end and avail the MOST EXCITING OFFER EVER! Drop a comment and let us know if you’ve watched this video till the end! ๐Ÿ”ฅ โš›๏ธ Get 86% off on a single solidity…

Solana (SOL) To Hit $166 By 2025, Despite Current Bearish Conditions

boss

Solana (SOL) is said to soar to $60 under the best circumstances or with Bitcoin holding up its current green state, this is according to a tweet made by trader Altcoin Sherpa who has over 180,400 followers on Twitter. While Altcoin Sherpa is confident about the performance of SOL, he has qualms about the strength of the crypto. Further, Altcoin Sherpa still thinks SOL is extremely bearish as of press time but there is still a healthy degree of trading opportunity. SOL is currently trading at $43.87, up 18% in…

Crypto to reach 1 billion users in 2030: BCG Report

boss

Itโ€™s a very common sentiment for people outside of the crypto community to look at Bitcoin (BTC) prices and make a conclusion that itโ€™s too late to get into crypto. However, a report shows that the industry is still at the beginning phase of the adoption curve.ย  In a joint report published by BCG, Bitget and Foresight Ventures, data shows that compared to traditional investment assets, crypto adoption is still very low. According to BCG, only 0.3% of individual wealth is invested in crypto. The report shows that it’s incomparable…