KronosSlott
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin
  • Gambling

Subscribe to Updates

Get the latest Crypto news from kronosslott.

What's Hot

White House: Crypto Regulation Drama

January 28, 2023

Why MATIC Price Rally Is Stopping at Nothing, Armed with More Transactions Than Ethereum

January 28, 2023

Trader Predicts This New Play to Earn Crypto Game Could Be the Next Decentraland or The Sandbox

January 28, 2023
Facebook Twitter Instagram
  • Affiliate Disclosure
  • Anti Spam Policy
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram
KronosSlott
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin
  • Gambling
KronosSlott
Home » 🔴Tether Under Attack

đź”´Tether Under Attack

adminBy adminOctober 7, 2022No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
đź”´Tether Under Attack
Share
Facebook Twitter LinkedIn Pinterest Email


Crypto companies are in trouble, the EU tries to bring order to the Wild West of crypto and TikTok’s biggest creator joins forces with a major crypto exchange. These stories and more this week in crypto.

Three Arrows Capital Files for Bankruptcy

Crypto investment firm, Three Arrows Capital, which managed around $10 billion in assets has filed for bankruptcy.  The slump in digital asset prices in recent weeks has exposed a liquidity crisis at the company that is known for its highly leveraged bets. The bankruptcy filing is a move that aims to protect its US assets.

Coordinated Attack on Tether

Tether CTO, Paolo Ardoino, confirmed rumors that the Tether stablecoin has been the subject of a coordinated attack by hedge funds. Genesis Global Trading also revealed that hedge fund clients have used its services to make hundreds of millions of dollars in short trades on Tether. So far though, the stablecoin remains closely pegged to the dollar.

CoinFlex: Bitcoin.com Founder Owes $47M

Coinflex exchange halted customer withdrawals because of liquidity issues stemming from one large account with a negative balance of $47 million that they claim belongs to high-profile bitcoin cash evangelist Roger Ver. Bitcoin.com founder Ver has denied owing anything to the exchange and claimed in a tweet that CoinFlex actually owes him money.

Another Crypto Lender In Trouble

As the contagion continues to spread through the crypto market, Voyager Digital has become the latest crypto lender to suspend withdrawals, trading and deposits. The move comes days after the company issued a default notice to hedge fund, Three Arrows Capital, for its failure to make loan repayments.

EU Attempts to Regulate Digital Assets

European lawmakers have reached an agreement on crypto regulation. Known as Markets in Crypto-Assets, or MiCA, it is the European Union’s first attempt to create a comprehensive regulatory framework for digital assets in the region. According to the EU, the aim is “put order in the Wild West of crypto assets.”

Grayscale Sues SEC

Grayscale, which manages the world’s largest bitcoin fund, said it would sue the U.S. Securities and Exchange Commission after regulators turned down its bid to convert the investment vehicle into an ETF. The SEC rejected Grayscale’s application for a spot bitcoin exchange-traded fund, citing a failure by the investment manager to answer questions about concerns around market manipulation.

Bitcoin Bulls Continue to Buy the Dip

After losing $60 Million in value from his Bitcoin purchases, El Salvador’s president has bought more, spending another $1 million to stack an additional 80 BTC to El Salvador’s existing stash. Furthermore, amid rumors of its impending insolvency, Michael Saylor’s MicroStrategy has also defiantly made another batch of bitcoin purchases; revealing it has bought 480 bitcoins for $10 million since the cryptocurrency market’s intense selloff began in May.

HTC’s New Metaverse Smartphone

Smartphone manufacturer HTC has launched a new phone compatible with its metaverse platform and incorporating crypto and NFT functionality. The Desire 22 Pro will have the Viverse metaverse app and a crypto wallet built into the phone. Users can create virtual avatars and manage crypto assets, including NFTs.

The world’s most-followed TikToker, Khaby Lame joined Binance as a global ambassador. Khaby Lame will be using his signature style to tackle some of the misperceptions around Web3 throughout the partnership. He’ll also partner on exclusive NFT collections with Binance, further enhancing the experience for his fans in a push to increase Web3 awareness and adoption.

That’s what’s happened this week in crypto, see you next week.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
admin
  • Website

Related Posts

Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits – Exchanges Bitcoin News

December 12, 2022

What is a Doji candle pattern and how to trade with it?

December 12, 2022

Bitcoin Price Slides As Markets Brace For Fed Policy Decision And Inflation Data

December 12, 2022

Comments are closed.

Don't Miss

White House: Crypto Regulation Drama

Blockchain January 28, 2023

Join Our Telegram channel to stay up to date on breaking news coverage The White…

Why MATIC Price Rally Is Stopping at Nothing, Armed with More Transactions Than Ethereum

January 28, 2023

Trader Predicts This New Play to Earn Crypto Game Could Be the Next Decentraland or The Sandbox

January 28, 2023

Price Prediction for Casper Ending January Through February 2023

January 28, 2023
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

White House: Crypto Regulation Drama

January 28, 2023

Why MATIC Price Rally Is Stopping at Nothing, Armed with More Transactions Than Ethereum

January 28, 2023

Trader Predicts This New Play to Earn Crypto Game Could Be the Next Decentraland or The Sandbox

January 28, 2023

Price Prediction for Casper Ending January Through February 2023

January 28, 2023

Subscribe to Updates

Get the latest Crypto news from kronosslott.

About Us
About Us

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook Twitter Pinterest YouTube WhatsApp
Categories
  • Altcoin (4)
  • Bitcoin (2,020)
  • Blockchain (773)
  • Ethereum (320)
  • Gambling (2,082)
  • Litecoin (55)
  • NFTs (2)
Our Picks

White House: Crypto Regulation Drama

January 28, 2023

Why MATIC Price Rally Is Stopping at Nothing, Armed with More Transactions Than Ethereum

January 28, 2023

Trader Predicts This New Play to Earn Crypto Game Could Be the Next Decentraland or The Sandbox

January 28, 2023
©2022 –Kronosslott. All Rights Reserved. Kronosslott.com is an independent i-Gaming news site and casino comparison service. Every effort is made to ensure that the bonus offers listed here are accurate and up-to-date. However, we accept no responsibility for inaccuracies or errors. It is your responsibility to confirm the terms of any promotion you choose to accept. Looking to Advertise with us? Kronosslott is always looking for new partnerships. To Inquire please email kronosslott@gmail.com

Type above and press Enter to search. Press Esc to cancel.