Deniz Saat

On June 27th, 2022 a Twitter account by the name of @FatManTerra revealed that an insider within CoinFLEX was allowed to borrow $47 million of uncollateralized USDC as a loan. CoinFLEX stated on June 23rd that their platform would be halting all withdrawals due to the current market volatility. Almost

During the market’s recent volatility, a number of companies have experienced liquidity issues because of the sudden downturn in prices across Bitcoin and all other cryptocurrencies.  The latest company to halt withdrawals is CoinFLEX, a derivatives exchange that also offers financial services and crypto yield was founded in 2019

In a tweet from Binance on June 13th, 2022, the company stated that they will be temporarily pausing Bitcoin withdrawals on the BTC network due to “stuck” on-chain transactions. The company explained that only the BTC network withdrawals were having issues and that Bitcoin may be withdrawn to the Ethereum

New York’s State Senate voted to pass bill S6486D which will invoke a two-year moratorium on Bitcoin and cryptocurrency mining operations that use the Proof-of-Work mechanism to validate transactions. The State Senate voted 36-27 in favor of passing the bill into law. The bill will now be sent to

Chipotle Mexican Grill, Inc. recently announced that the majority of their restaurants will now accept payments in Bitcoin and other cryptocurrencies. The company has an established presence in countries like the U.S., U.K., Canada, Germany, and France.  Methods of Payment Chipotle has partnered with Flexa in order to

In light of the recent collapse of both the TerraUSD (UST) stablecoin and Terra coin (LUNA), Blockstream CEO Adam Back points out the confusion being caused by mainstream outlets for publishing headlines about Tether (USDT) losing its peg to the U.S. dollar. In Back’s Twitter thread, he explains

Hoseki is a Proof-of-Funds service that builds infrastructure in order to help investors verify and use their funds in ways that were previously inaccessible. Their app will allow for Proof-of-Funds in order to be considered for mortgages, car loans, personal loans, residency, and credit checks. The company recently announced the

The Casa team announced on May 10th, 2022 that they were able to raise $21 million for their series A funding in order to expand operations while also releasing their new API. The funding is planned to be used for fueling the company’s next phase of growth. Their new