Skip to main content

Tag: News

3AC Capital

Bankrupt 3AC Capital Buys NFT Amidst Liquidation

Written on .

3AC’s wallet successfully purchased a “Neon Village” NFT for 20 ETH ($60,000) during liquidation proceedings. The bid was placed in August 2021 and overlooked by Teneo, the company handling the liquidation. 3AC filed for Chapter 15 bankruptcy in July 2022 due to liquidity issues following the collapse of the Terra ecosystem. The incident highlights the need for better oversight and management of assets during...

Cryptocurrencies, Front page, News, NFTs

Continue reading

The Rise of Web3

Written on .

Web3 apps reach an all-time high of 10 million daily active users. Social sector sees a 66% increase in dUAW. NFT marketplaces experience a surge in trading volume. TVL in decentralized finance applications sees a decline. The future of Web3 is bright, with continued growth and innovation expected. In an exciting turn of events, the decentralized application (dApp) industry has reached a new peak, with daily active users...

Cryptocurrencies, dApps, Front page, News, Web3

Continue reading

Mt. Gox Creditors Receive Bitcoin and Bitcoin Cash Repayments: Implications for Crypto Markets

Written on .

Mt. Gox, a defunct crypto exchange, has started repaying creditors in Bitcoin and Bitcoin Cash. The exchange holds 142,000 BTC, 143,000 BCH, and 69 billion yen, among other assets. The repayments are expected to have a significant impact on the crypto market. Creditors may have to wait up to 90 days to receive their payouts. Bitcoin and Bitcoin Cash prices have dropped sharply following the repayment news. On July...

Bitcoin, Cryptocurrencies, Front page, News

Continue reading

Justin Sun wants to buy german bitcoin

Justin Sun Eyes German Bitcoin Stash

Written on .

Justin Sun, the founder of Tron, has expressed his willingness to negotiate with the German government to purchase all of their Bitcoin holdings off-market. Sun’s proposal to purchase the remaining BTC from the German government could potentially help mitigate the market impact, although questions remain regarding the funding source for such a significant acquisition. The German government currently holds 40,359 BTC, valued at...

Cryptocurrencies, Front page, News

Continue reading

Cryptocurrency Trading Soars in Argentina

Cryptocurrency Trading Soars in Argentina Amid Economic Uncertainty

Written on .

Cryptocurrency trading volume against the Argentine Peso has grown by 400% this year. The Argentine Peso is now the fastest-growing crypto trading pair in Latin America. Milei’s election and his pro-Bitcoin stance have contributed to the surge in crypto adoption. A new mandatory registry for Virtual Asset Service Providers has been introduced in Argentina. Despite the growth, the Argentine Peso remains the lowest...

Cryptocurrencies, Front page, News

Continue reading

Subscribe to Our Newsletter

Click here       

News

Articles

More

Resources

© Cryptopress. All rights reserved.
Contact

[email protected]

Privacy policy.