Cointelegraph By Ezra Reguerra
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Crypto exchange Voyager Digital has issued a notice of default to hedge fund Three Arrows Capital (3AC) for its failure to pay its 15,250 Bitcoin (BTC) and 350 million USD Coin (USDC) loan disclosed in a previous statement. In a market update by Voyager, the exchange noted that it's...
Cointelegraph's managing editor Alex Cohen interviewed Figment's staking marketing director Robert Ellison at the European Blockchain Convention (EBC) 2022. The duo discussed topics like educating regulators on blockchain and crypto, how businesses navigate uncertain regulatory landscapes and regulating staking. According to Ellision, it's very important to educate regulators in...
Solana smartphone Saga triggers mixed reactions from crypto community
Cointelegraph By Ezra Reguerra - 0
The Solana (SOL) team has brought mobile phones to Web3 after revealing Saga, Solana’s Android mobile device that will go out with the project’s latest stack for Web3 developers, the Solana Mobile Stack. The community welcomed the new development with various reactions from comparing the project to Apple...
Voyager enters into $500M loan agreement with Alameda amid 3AC exposure
Cointelegraph By Ezra Reguerra - 0
Trading platform Voyager Digital takes a loan from trading firm Alameda Research because of its exposure to crypto venture capital firm Three Arrows Capital (3AC). In a press release by Voyager Digital, the firm announced that it has borrowed 15,000 Bitcoin (BTC) from Alameda to cover the losses that...
A man impersonating the hip-hop icon Snopp Dogg went around NFT.NYC to fire things up at the nonfungible token (NFT) event. While the intention was to bring fun to the event, there were some mixed reactions from the online community. In a tweet, Kevin Collier shared his encounter with...
Solana whale moves $25M of USDC debt from Solend to Mango Markets
Cointelegraph By Ezra Reguerra - 0
The Solana (SOL) whale that was subjected to the potential takeover by a recent Solend governance vote has gotten in touch with the lending protocol and moved $25 million worth of USD Coin (USDC) debt to Mango Markets. In a tweet, Solend shared that the whale has acted on the...
Japanese film studio announces the production of a series based on crypto
Cointelegraph By Ezra Reguerra - 0
Noma, a Japanese film studio, has announced that it is producing three feature films that are based on the world of cryptocurrencies. The first film, titled The Rhetoric Star, is already in production and will be released in 2024. In an announcement sent to Cointelegraph on Tuesday, Taichi Ito,...
What Ethereum use case can make ETH a $500B market-cap asset? Community answers
Cointelegraph By Ezra Reguerra - 0
While Ether’s (ETH) price dip over the weekend may have left investors worried about the digital asset, community members on Reddit discussed use cases of the asset that could push its price upward. In r/Ethereum, a Reddit user asked fellow community members how ETH could reach a market capitalization...
South Korean prosecutors ban Terra employees from exiting the country: report
Cointelegraph By Ezra Reguerra - 0
Terra (LUNA) employees are reportedly unable to leave South Korea as the country's prosecutors imposed a departure ban on key developers of the project.Korean media outlet JTBC reported on Monday that an investigation team from Seoul Southern District Prosecutor's Office has imposed a travel ban on key team...
Solend invalidates Solana whale wallet takeover plan with second governance vote
Cointelegraph By Ezra Reguerra - 0
Solana-based decentralized finance (DeFi) lending protocol Solend has created another governance vote to invalidate the recently-approved proposal that gives Solend Labs “emergency powers” to access a whale’s wallet to avoid liquidation. On Sunday, the crypto lending platform launched a governance vote titled “SLND1 : Mitigate Risk From Whale.” This...