Daily Crypto News
- Crypto hedge fund Three Arrows Capital (3AC) is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows foreign debtors to shield U.S. assets, according to a court filing on Friday
- The meltdown in cryptocurrency markets deepened this week, as major players contended with liquidations, withdrawal freezes, trading halts — and, at least in one case, a bailout
- The price of Bitcoin has tumbled this month and currently sits below $20,000, driven lower by inflation concerns and signs of bigger cracks in the crypto ecosystem
- India’s crypto community has been bracing for a highly controversial provision of India’s next crypto tax regime — the 1% tax deducted at source (TDS) — to take effect for over three months. The tax starts to be levied today anytime an Indian buys or sells crypto
- Canadian crypto broker Voyager Digital (VYGVF) suspended trading, deposits, withdrawals, and loyalty rewards, according to a statement released by the firm Friday afternoon
- U.S. subsidiary of Cryptocurrency exchange FTX has closed a deal with BlockFi that values the troubled lender at up to $680 million
- Ignite, the company that originally founded the Cosmos blockchain ecosystem, has parted with more than half its employees this week, two ex-employees and a source close to the company told CoinDesk
- June was tough for crypto markets. Bitcoin (BTC) saw its biggest monthly price drop since 2011, 37.3%. Ether (ETH) was down 45% last month
- Custodia Bank’s CEO Says Bad Actors and Regulators Caused Crypto Crash
- From One to Zero: BlockFi’s Fire Sale Shows the Uber Startup Model Is Disastrous for Finance
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You can buy FMI Coin in Pancakeswap or Bitkeep App.
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