Embattled Crypto Lender Celsius Finally Files for Bankruptcy
Cryptocurrency lender Celsius has officially filed for bankruptcy, The Guardian reports.
Matic Leads Crypto Market Rally After US CPI Data Release
The crypto markets on Thursday have staged what appears to be a relief rally, with Matic leading the way after US Consumer Price Index (CPI) data showed that inflation is at 41-year highs.
Hyosung America makes Bitcoin purchasing app available to 175,000 ATMs
Hyosung America has signed a partnership deal with cash-to-crypto provider DigitalMint that enables Bitcoin (BTC) purchasing across the firm’s 175,000 ATMs located in the U.S.
CryptoPunk sells for $2.6M as big NFT brand floor prices increase
Despite a major decline in trading volume across the broader non-fungible token (NFT) market, a single CryptoPunk has sold for a whopping 2,500 ETH which equates to a price tag of just over $2.6 million.
Study: 14% of Saudis Are Crypto Investors, 76% Have Less Than One Year of Experience in Cryptocurrency Investment
About 14% of Saudi residents are either current crypto investors or have traded crypto in the past six months, the latest Kucoin study has found. The study has also found that 76% of investors have less than one year of experience and thus may be in need of relevant crypto education.
Cardano: $ADA Payments Become Available to 7 Million Users Through New Plugin
Payments in Cardano’s native cryptocurrency $ADA are now available to more than 7 million users through a newly launched ADA Pay plugin developed as part of COTI’s Project Catalyst challenge.
EU Regulator Warns About Crypto — Questions Whether Many Will Survive
European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whether many crypto assets will survive.