Category Archives: Blog

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Argentinians rush to buy stablecoins amid economic crisis

Argentinians rush to buy stablecoins amid economic crisis

The global economic situation is in one of its weakest stages. On Saturday, Argentina’s Economy Minister, Martin Guzmán, resigned amid the ongoing financial crisis. After the resignation of the Argentine Minister of Economy, Martin Guzmán, people rushed to buy a huge amount of stablecoins, increasing by 2, 3 times to hedge against the potential devaluation […]

Add an exchange that blocks users’ withdrawals

Singapore-based lending platform Crypto CeFi Vauld is the latest company to announce to block all withdrawals, transactions and deposits by users amid harsh crypto market conditions. The spread of the company’s predicament in the crypto space has prompted a new name to announce the suspension of withdrawals and deposits. According to a blog post on […]

Cardano successfully deploys Vasil hard fork on testnet

Cardano successfully deploys Vasil hard fork on testnet

Cardano’s much-anticipated Vasil hard fork has been successfully deployed on the testnet. The mainnet upgrade is expected to take place in about four weeks to allow time for developers to prepare some necessary tools. The Vasil hard fork – one of the much-awaited events of the Cardano community has finally been completed on the testnet. […]

Binance Ambassador’s First Video “Black British”

Binance Ambassador's First Video Black British

On July 1, Khaby Lame aka “black guy” released his first video on Tiktok as an ambassador of cryptocurrency exchange Binance with content about Binance and web3. The video was posted on Khaby.lame channel on the social platform Tiktok with the topic “Trouble with Web3 journey? I would recommend you superhero Binance.” At the beginning […]

Circle “speaks out” to rumors that USDC is about to collapse

Circle “speaks out” to rumors that USDC is about to collapse

In the wake of rumors that the company’s USDC stablecoin is about to collapse amid a crypto market downturn, Circle founder and CEO Jeremy Allaire has “speaks out” through an article titled “Doing it.” How to stabilize? On July 2, Circle founder and CEO Jeremy Allaire “speaks out” to rumors that the company’s stablecoin USDC […]

Celsius lays off 25% of company employees

Celsius lays off 25% of company employees

In the context of falling into a serious liquidity crisis, Celsius announced to lay off 150 employees, equivalent to 25% of personnel. On July 3, according to Calcalist, cryptocurrency lending platform Celsius cut 150 employees, or 25% of the company’s staff. According to the official LinkedIn profile, the company has about 651 employees. Celsius’s head […]

Central African Republic Launches National Cryptocurrency

Central African Republic Launches National Cryptocurrency

On July 3, within the framework of the Sango Genesis event, President Faustin-Archange Touadéra of the Central African Republic (CAR) announced the launch of Sango Coin as the national cryptocurrency. This coin will be used to modernize the country’s infrastructure and for the planned metaverse project. On July 3, within the framework of Sango Genesis […]

FTX CEO considers acquiring troubled crypto mining facilities?

FTX CEO considers acquiring troubled crypto mining facilities

The FTX CEO said that he would consider helping cryptocurrency miners in difficulty during tough market times in order to minimize the spread of credit loans in the sector. In a July 1 interview with Bloomberg, the co-founder and CEO of crypto exchange FTX, Sam-Bankman Fried, said he is open to buying up struggling miners’ […]