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Tag: Cryptonary

Celsius hires advisors to help it prepare for potential bankruptcy

Celsius, one of the biggest DeFi lending firms that dominated the market in recent years, tumbled down due to liquidity issues, and it has...

Indian authorities bring clarity over TDS rule

Indian authorities implemented a 30% tax on cryptocurrencies starting April 1, 2022, and also implemented a 1% TDS for every amount invested in crypto,...

Binance brings institutional platform for high-net-worth investors

Binance, the world’s biggest crypto exchange, has launched a new institutional platform that brings an entirely new world of trading for institutions, crypto platforms,...

Binance partners with legendary footballer Cristiano Ronaldo to launch NFT collections

Crypto exchange giant Binance recently announced that it has joined hands with legendary Portuguese footballer Cristiano Ronaldo to create and promote the non-fungible tokens...

Singapore regulator promises to crack down on bad behavior in crypto

According to its top fintech officer, Sopnendu Mohanty, the Monetary Authority of Singapore (MAS), the nation’s central bank, and the financial regulator would not...

Nexo hires Citigroup to advise on acquisitions

Crypto lender Nexo is working with banking giant Citigroup as it seeks to acquire other crypto lenders affected by the recent market downturn. Nexo hires...

FalconX raises $150M at a whopping $8B valuation

FalconX, the institutional-level digital asset platform, announced that it has closed a $150 million Series D round. FalconX more than doubles its valuation The investment round,...

Tether introduces a British pound-pegged stablecoin

Tether, the issuer of the U.S. dollar-pegged stablecoin USDT, is planning to introduce a new stablecoin pegged to the British pound. British pound-pegged stablecoin Tether announced...

Deloitte and NYDIG come together to offer banking with Bitcoin

International professional services network headquartered in London, Deloitte, and the leading Bitcoin company NYDIG have joined hands to help companies of all sizes implement...

FTX provides BlockFi with a $250 million credit facility

Crypto lender BlockFi revealed that it has received a $250 million credit facility from crypto exchange FTX. BlockFi receives $250M credit Facility On Twitter, BlockFi CEO...

Following controversy, Solend whale has started moving funds

The user at the center of the DeFi controversy at Solana lending protocol Solend began moving millions of dollars and decided to repay some...

ProShares to launch US Short Bitcoin-Linked ETF

ProShares, an investment product provider, will launch the United States’ first exchange-traded fund (ETF) that would allow investors to bet on bitcoin’s decline. First short...

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