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Crypto Platform Zipmex Files for Bankruptcy
Crypto Platform Zipmex Files for Bankruptcy
News  •  Markets  •  Jul 29, 2022 by Deniz Saat

Singapore-based cryptocurrency exchange Zipmex is the newest casualty from the major decline in Bitcoin and cryptocurrency prices. The exchange said that it had filed for bankruptcy protection in Singapore but the platform services a number of other countries like Thailand, Indonesia, and Australia as well. Zipmex claimed it was attempting

‘Bitcoin Stackchain’ Exceeds $160K in a Single Week
‘Bitcoin Stackchain’ Exceeds $160K in a Single Week
News  •  Bitcoin  •  Jul 26, 2022 by Philipe F

A Bitcoin community-driven meme packed quite the punch as a chain of Bitcoin buys have stacked over $160,000 or approximately 7 BTC within less than seven days in what is called, a “stackchain.” Here is the original tweet from @AriZonanHODL: Bitcoiners from around the world supported the movement as

Babel Finance Loses 8,000 BTC and $280 Million of Customer Funds
Babel Finance Loses 8,000 BTC and $280 Million of Customer Funds

Babel Finance, a crypto financial services firm, recently reported a whopping $280 million liquidation loss, which includes losing 8,000 BTC and a significant quantity of another token, according to a report from The Block.  Once again, a reminder that users can never be fully assured that their Bitcoin is

News  •  Bitcoin  •  Jul 30, 2022
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Babel Finance Loses 8,000 BTC and $280 Million of Customer Funds
Babel Finance Loses 8,000 BTC and $280 Million of Customer Funds

Babel Finance, a crypto financial services firm, recently reported a whopping $280 million liquidation loss, which includes losing 8,000 BTC and a significant quantity of another token, according to a report from The Block.  Once again, a reminder that users can never be fully assured that their Bitcoin is

News  •  Bitcoin  •  Jul 30, 2022
Crypto Platform Zipmex Files for Bankruptcy
Crypto Platform Zipmex Files for Bankruptcy

Singapore-based cryptocurrency exchange Zipmex is the newest casualty from the major decline in Bitcoin and cryptocurrency prices. The exchange said that it had filed for bankruptcy protection in Singapore but the platform services a number of other countries like Thailand, Indonesia, and Australia as well. Zipmex claimed it was attempting

News  •  Markets  •  Jul 29, 2022
‘Bitcoin Stackchain’ Exceeds $160K in a Single Week
‘Bitcoin Stackchain’ Exceeds $160K in a Single Week

A Bitcoin community-driven meme packed quite the punch as a chain of Bitcoin buys have stacked over $160,000 or approximately 7 BTC within less than seven days in what is called, a “stackchain.” Here is the original tweet from @AriZonanHODL: Bitcoiners from around the world supported the movement as

News  •  Bitcoin  •  Jul 26, 2022
Brazil’s Largest Investment Broker Will Offer Bitcoin Trading
Brazil’s Largest Investment Broker Will Offer Bitcoin Trading

XP Inc., Brazil’s largest investment broker by market value, will begin offering Bitcoin trading next month. In a report released by Reuters, the company said it will list Bitcoin on its trading platform, Xtage, by mid-August. According to Lucas Rabechini, the company’s director of financial products, there are

News  •  Bitcoin  •  Jul 26, 2022
New Chipotle Promotion Encourages Customers To Buy the Dip
New Chipotle Promotion Encourages Customers To Buy the Dip

Chipotle is no stranger to promoting their brand through Bitcoin and cryptocurrency. As per this press release, Chipotle has announced today that it will give away more than $200,000 in free Bitcoin and crypto to its users as well as provide promo codes for 1-cent guac and 1-cent Queso

News  •  Bitcoin  •  Jul 25, 2022
Former Coinbase Manager Arrested for Insider Trading
Former Coinbase Manager Arrested for Insider Trading

According to the Department of Justice, Ishan Wahi, former product manager for Coinbase, was detained on Thursday morning because of an insider trading scheme while he was working at Coinbase. The assistant director of the FBI explained that the defendants managed to generate illicit gains of over $1.5 million

News  •  Altcoins  •  Jul 22, 2022
Singapore-based Zipmex Exchange Has Paused Withdrawals
Singapore-based Zipmex Exchange Has Paused Withdrawals

Zipmex becomes yet another cryptocurrency company that is troubled by the current market conditions. Zipmex, a Singapore-based cryptocurrency exchange that operates in Thailand, Indonesia, and Australia, has released an official statement that the company will be pausing withdrawals.  The message below was announced from the Zipmex Twitter account explaining the

News  •  Bitcoin  •  Jul 20, 2022
A Timeline of the Three Arrows Capital Collapse
A Timeline of the Three Arrows Capital Collapse

By now everyone is aware of the Three Arrows Capital (3AC) debacle. The fund somehow managed to fumble away a total of at least $3.5 Billion from 33 lenders.  Court details of the liquidations of the creditors were leaked on July 18th but have been currently taken down.  A

News  •  Bitcoin  •  Jul 19, 2022
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