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cryptocurrency markets
CoinShares Completes Napoleon Acquisition, Can Now Offer Products Across EU
Digital asset manager CoinShares has completed the acquisition of Napoleon Asset Management allowing it to offer its products and services across the EU. Source link
Lending Platform Vauld Looks to Restructure Amid Crypto Downturn, Suspends Transactions
Singapore-based lender Vauld has suspended all withdrawals, trading and deposits on its platform as it looks at restructuring options. Source link
Crypto Lender Celsius Cuts 150 Jobs Amid Restructuring: Report
Withdrawals are still paused and the company has hired restructuring experts as it faces a financial crisis. Source link
Software Firm Meitu Lost Up to $52.3M in H1 Due to Slide in Crypto Prices
The app developer had bought BTC 940.89 and ETH 31,000 in spring of 2021. Source link
Argentines Take Refuge in Stablecoins After Economy Minister Resignation
Major crypto exchanges reported that consumers purchased up to three times as many stablecoins on Sunday as they usually do amid a brewing economic crisis. Source link
Singapore’s Monetary Authority Finally Notices Three Arrows’ Capital AUM Discrepancy; Bitcoin Holds…
"Bitcoin price action remains weak, with some volatility seen on both sides, which is typical in pauses between trend continuations," Joe DiPasquale, CEO of crypto asset manager BitBull Capital, wrote in an email to CoinDesk. "Currently,…
the Unintended Consequences of Going Public
That’s not good. Normally, if these companies were private, they would be trying to figure out how to survive. Take Coinbase for instance. It has been around since 2012, and so it has survived multiple bear markets. But this time around,…
The crypto industry needs a crypto capital market structure
The past few weeks have been interesting and have surfaced what we in the financial services industry call matters requiring attention, or MRAs. An MRA describes a practice that deviates from sound governance, internal controls and risk…
6 Questions for Alyssa Tsai of Panony – Cointelegraph Magazine
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Alyssa Tsai, founder and CEO of Panony —…
Ethereum’s Average Gas Fee Drops Below $1.57, The Lowest Since 2020
Ethereum’s average gas fees drop below $1.57 which is the lowest level since 2020 as we can see more in today’s Ethereum news.
For two years between 2021 and 2022, the average gas fee required by the…