Payments Firm Nuvei’s Ties With FTX Questioned in Spruce Point Capital Report
Nuvei (NVEI) shares could face as much as 50% long-term downside in part thanks to its connection with fallen crypto exchange FTX, said Spruce Point Capital Management in a report released on Tuesday morning.
Arbitrum Defies Bears As ARB Price Breaks Above $1.7 Resistance, But Can It Keep Up?
Arbitrum (ARB) had a rough couple of weeks following its community airdrop that saw around 1 billion tokens airdropped to active participants on the layer 2 blockchain. However, there is already a turn in the tide as the crypto market has recovered…
Unchained Announces $60M Series B Fundraising Round
Funding led by Valor Equity Partners and other existing investors will go towards the firm’s expansion and improvement. Unchained, a financial services provider for Bitcoin holders, has announced that it has raised $60 million in its Series B…
Unchained raises $60M to offer collaborative custody Bitcoin services
Texas-based Unchained Capital hopes to undermine single points of failure and mitigate counterparty risk with its substantial $60 million raise, led by Valor Equity Partners.
NBA Hall of Famer Shaq Served in FTX Investor Suit
A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s…
GameFi Short Video Platform Cheelee Launches CHEEL Community Drop Worth $5,000,000
PRESS RELEASE. Cheelee, the GameFi short video platform well-known for rewarding users for viewing their feeds, has announced the most monumental Community Drop of 2023. Starting from April 17th, every vertical video lover now gets the chance to…
Bitcoin Bearish Signal: Exchange Whale Ratio Spikes
On-chain data shows the Bitcoin exchange whale ratio has observed a sharp spike recently, a sign that could be bearish for the asset’s price. Bitcoin Exchange Whale Ratio Has Been Elevated Recently As pointed out by an analyst in a…
Developers Stay Resilient Through Harsh Crypto Winter, Report Says
According to Alchemy’s Q1 2023 Developer Report, Ethereum SDK installations reached an average of 1.9 million installs per week – a 47% year-over-year increase.
Decentralized App Sweat Economy Introduces 1-Person, 1-Vote Governance System
The move-to-earn project aims to introduce what it says is a fairer system ahead of a vote to guide the protocol's spending of 100 million SWEAT tokens.
Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing
Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing…
Crypto regulation: Does SEC Chair Gary Gensler have the final say?
The chairman of the SEC recently said that almost all cryptocurrencies will be regulated as securities. Questions remain whether that’s an accurate statement and if the agency is regulating tokens by enforcement.
Bitcoin Supply Structure Very Similar To Early 2019, Bull Run Ahead?
Bitcoin (BTC), the largest cryptocurrency in the market, reached a new yearly high last week. However, since then, it has been trading within a new range between $29,500 and $30,000, failing to consolidate above this key level and continue its…
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