by Lindi Miti | Jun 14, 2022 | News, Weekly Recap
Celsius Halts Deposits and Withdrawals Celsius, a centralized DeFi platform, has halted deposits and withdrawals of cryptocurrency, citing extreme market conditions. The company said it activated a clause in its Terms of Use that allows them to freeze customers’...
by Lindi Miti | Jun 13, 2022 | News, Weekly Recap
Do Kwon Denies Cashing Out $2.7B Do Kwon, the founder of Terra Luna, has denied cashing out $2.7 billion before the Terra Luna crash in May. The accusations came from a Twitter thread by @FatManTerra. The Terra Luna critic accused Do Kwon of siphoning $80 million...
by Lindi Miti | Jun 10, 2022 | News, News & Events
Jamaican CBDC Legal Tender Jamaica becomes the first country to legalize a central bank digital currency (CBDC) as legal tender. The Bank of Jamaica (BoJ) legalized the Jam-Dex, short for Jamaica Digital Exchange. The Jam-Dex has been in testing since August 2021, and...
by Pedro Lopez | Jun 10, 2022 | Crypto U Research, Uncategorized
There is currently nearly $500 billion locked up in DeFi. As expected, easy money not only attracts investors/speculators, but also malicious people. There are many dangers that are inherent in decentralized ecosystems, but most can be prevented with a bit of tech...
by Lindi Miti | Jun 9, 2022 | News, Weekly Recap
Edge Launches Confidential Mastercard Edge, a cryptocurrency wallet provider, has launched the first private bitcoin Mastercard. Registering for the Edge Mastercard does not require any personal information. It has a credit limit of $1000 a day, and you can fund the...
by Lindi Miti | Jun 8, 2022 | News, Weekly Recap
SEC Investigates BNB According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) has launched an investigation into Binance Coin (BNB). The aim is to establish whether BNB was security when sold in 2017 and if Binance broke the securities rules by not...
