The volume of outstanding debt of the crypto lending platform Vauld after the suspension of operations amounted to $402 million. Such estimates are contained in the documents for the Singapore court, which were at the disposal of The Block. $363 million of this amount comes from retail investors. The company did not return $34 million to one...
On Tuesday, July 19, Bitcoin quotes reached a range above $23,000 for the first time since June 14. Over the past day, the asset has grown by almost 3.5%; at the time of writing, the cryptocurrency is trading near $23,210. Hourly BTC/USDT chart on Binance exchange. Data: Trading View. Following the flagships, all cryptocurrencies from the top 10 by...
The flagship cryptocurrency Bitcoin (BTC) rate rose to $23,000 as of July 19, 2022. This led to more than $630 million of funds being liquidated on the world's centralised exchanges over the past 24 hours. Analysts noted that the Bitcoin currency began a bullish rally after Ethereum (ETH). Market specialists emphasized that the price of BTC...
The Singapore authorities will expand the regulation of cryptocurrencies to cover more activities to limit the risks to investors. Bloomberg reports it. The Monetary Authority of Singapore (MAS) will hold consultations on the proposed measures in September-November, said the head of the department, Ravi Menon. He added that the updated rules might include tightening access to cryptocurrencies...
One of the funds operating under Skybridge Capital and Anthony Scaramucci has suspended cryptocurrency payments for its investors. According to Bloomberg, we are talking about the Legion Strategies hedge fund. It was reported that this move was taken after a sharp drop in the prices of shares of technology companies and digital currencies, which has been...
It became known that the artèQ (ARTEQ) cryptocurrency project first entered the centralized exchange. The BitMart platform announced the listing of this token. This will allow site clients to invest in a startup related to non-fungible tokens (NFTs). Representatives of artèQ NFT Investment Capital announced an agreement with BitMart. The ARTEQ utility token will be listed for trading...
Cryptocurrency experts spoke about the most profitable cryptocurrency projects in the Polkadot (DOT) network over the past week, from July 13 to July 19, 2022. They noted that amid the stabilization of the market in recent days, several startups based on this blockchain showed excellent results for their investors. The leader of the week was the...
By 2022, many active platforms will allow you to take and issue digital assets to other clients of interest. Typically, cryptocurrency lending is carried out between users of such services. Digital platforms are essentially brokers. Even unique platforms do not work according to the principles of traditional banks. This lending method is called cryptocurrency lending. Investors use this method...
Pierre Person, a former member of the French National Assembly for the past five years, states that people are interested in cryptocurrencies and that “politics can no longer lose sight of this.” While bitcoin and the rest of the crypto market are at their lows, Person believes they have become more mainstream and hopes people will...
Blockchain and Cryptocurrency Analyst Joe Bargain talked about future trends in the cryptocurrency industry. He noted that this industry would undoubtedly develop despite the difficult times and market collapse in recent months. According to the expert, the focus will be on developing the metaverse and platforms for creating smart contracts. The bargain also emphasized that the...
