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Newswire > June, 2022
June, 2022

June, 2022

Celsius Investigated by Regulators in Four Different States
Crypto lender Celsius is faced with an investigation from regulators from four different states for freezing customer accounts over solvency concerns. Multiple State Regulators Investigating Celsius R...
Elon Musk Sued for $258B for Promoting Dogecoin
A lawsuit has been brought against Elon Musk, Tesla and SpaceX for participating in the promotion of Dogecoin, which the accuser claims is a pyramid scheme. A Crypto Pyramid Scheme......
Elon Musk Hints at Crypto Plans in First Twitter Meeting
Elon Musk held his first full meeting with Twitter employees on Thursday. There, he discussed his plans for cryptocurrency and other changes following his planned takeover of the social network.......
BlockFi Took Part in Liquidating Three Arrows: Report
BlockFi was one of several companies involved in the liquidation of Three Arrows Capital (3AC) according to the Financial Times. BlockFi Likely Liquidated Its Position On Tuesday, June 15, reports......
Panama President Vetoes Crypto Bill Over Laundering Risks
The bill will now go up for another vote in Panamas National Assembly. President of Panama Strikes Down Crypto Bill The President of Panama has called for amendments to the......
Immutable Launches $500M Ecosystem Fund to Boost GameFi Adoption
The NFT and gaming-focused crypto unicorn Immutable has launched a $500 million fund dedicated to supporting Web3 games and NFT-focused companies building on its Ethereum Layer 2 scaling solution, Imm...
Troubled Crypto Giant 3AC Weighing Asset Sales, Bailout Options: WSJ
Three Arrows Capital has reportedly hired legal and financial advisors to help it establish a plan to pay back investors and lenders. Zhu and Davies Mulling Bailout Three Arrows Capital......
Regulators Need to Establish Whether MEV Is Illegal: BIS Report
The Bank for International Settlements has suggested that new regulatory approaches may be needed to address market manipulation by blockchain miners and validators. BIS Likens MEV to Illegal Market M...
Genesis Trading Confirms “Large Counterparty” Liquidation Amid 3AC Crisis
The update comes as the celebrated crypto hedge fund Three Arrows Capital faces its biggest liquidity crisis to date. Genesis Trading Says It Liquidated Counterparty Genesis Trading has confirmed that...
Babel Finance Halts Withdrawals, Citing Low Liquidity
Babel Finance, a Hong Kong-based cryptocurrency lending company, has announced that it is suspending withdrawals. Babel Suspends Redemptions and Withdrawals Babel wrote today that “redemptions and w...
Newswire > June, 2022

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