Tesla has sold 75% of its Bitcoin holdings. Tesla sold Bitcoin at a time when the cryptocurrency was at a record low for the month and had dropped more than 50% since October of the previous year.
According to its bankruptcy filing, Celsius owes its customers roughly $4.7 billion, and its balance sheet has a hole of about $1.2 billion. Let’s take a look inside of Celsius’ $25 billion bankruptcy filing.
In the past, there have been numerous price corrections for cryptocurrencies. The market has demonstrated the bears’ dominance over several cycles. But here is everything you need to know about the ongoing crypto winter.
Although Bitcoin is now the best kind of currency, it is an evolution of those that humanity has already used. But what exactly is basic cash? Here’s the pre-bitcoin history you should know.
In a recent tweet, Raja Koduri, executive VP and general manager of Intel’s Accelerated Computing Systems and Graphics (AXG) Group, announced that Intel has started shipping its Bitcoin mining rig just as the cryptocurrencies are crashing.
Harmony hackers have begun laundering the Ethereum stolen from Horizon Bridge as of late. Of the $100 million in stolen Ethereum, the criminals have transmitted $36 million to a mixing service.
The CoinFlex-Ver tragedy is the most recent drama to develop as a result of the recent decline in cryptocurrency prices. Read the story of the person labelled as Bitcoin Jesus and the mystery investor behind $47 million CoinFlex debt.
The Hedge Fund 3AC is under investigation for defrauding the crypto industry and Blockchain.com has declared that it is assisting with ongoing investigations.
In the near future, central banks will need to introduce some sort of alternative system in order to preserve economic authority as many conventional currencies begin to lose public confidence due to inflation. Towards this end, the BIS is set to allow member banks to hold 1% of their reserves
