Crypto News
FTX Cancels Celsius Deal After $2B Shortfall in Balance Sheet
According to two sources of The Block that have knowledge of the aborted transaction between FTX and Celsius, FTX was interested in a plan to gain control of Celsius but walked away after evaluating the finances of the company. According to one of the sources, Celsius’s financial statement allegedly has a two billion dollar shortfall in its balance sheet.
coinquora.com
Ripple Unlocks One Billion XRP From Escrow, Will It Affect Price?
In line with its monthly token unlock initiative, Ripple’s popular blockchain network has unlocked yet another one billion units of XRP from escrow.
thecryptobasic.com
Hundreds of Bored Ape owners sign up to hire out their NFTs to brands
Hundreds of Bored Ape owners have signed up to a new NFT licensing marketplace that enables hodlers to rent out their Ape’s IP to brands.
cointelegraph.com
Terra's Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%
After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against the U.S. dollar in recent times. During the last seven days, LUNC has risen 96.3% and the once-stable coin UST has increased 472.4% this week.
bitcoin.com
U.S. DoJ Slaps Charges Against Promoters of Baller Ape Club NFT In Rug Pull Scam
On Thursday, June 30, the U.S. Justice Department slapped charges against a person promoting “Baller Ape Club” non-fungible tokens, in what appears to be an alleged rug pull scam. The U.S. DoJ has reportedly named five people involved in crypto fraud schemes which together raised more than $130 million from investors.
coingape.com
$BTC: El Salvador Gleefully Buys 500 More Bitcoins
On Thursday (January 30), the president of El Salvador, which is the first country in the world to give Bitcoin legal tender status, disclosed his country’s latest BTC purchase.
cryptoglobe.com
Worst quarter in 11 years as Bitcoin price and activity plunges
Bitcoin (BTC) has seen its worst quarterly loss in 11 years with price and activity on the blockchain both plunging over the last three months.
cointelegraph.com