Dash price prediction: Here’s why DASH is down today
Dash price outlook after SEC lists tokens as securities in complaint against Bittrex. DASH/USD traded nearly 6% lower on Monday, with the 24 hour losses coming after the SEC news.…
Block shares down as Hindenburg takes aim at the crypto company
Hindenburg Research reveals a short position in Block Inc. Block says it’s exploring legal action against the short seller. Wall Street has a consensus overweight rating on Block shares. Shares…
Immutable X partners with Polygon Labs: IMX is down by 12%
Key takeaways Polygon Labs has partnered with Immutable X to launch the Immutable zkEVM. IMX is down by 12% today despite the strategic partnership announced between Polygon Labs and Immutable…
EUL token down 52% after the $200 million Euler protocol exploit
Hackers stole almost $200 million from Euler protocol on Monday. USDC accounted for a majority of the stolen tokens. Euler Labs is currently working to recover the funds. Euler protocol…
New York banking authorities shut down crypto-friendly Signature Bank
Key takeaways Crypto-friendly bank Signature Bank has been shut down by New York Banking authorities. The Federal Reserve said the decision was made to protect the US economy and strengthen…
Ark Invest adds $20.5M Coinbase shares: COIN share price down 7%
Ark Invest purchased 301,347 Coinbase shares on Thursday. Ark had purchased more Coinbase shares on Wednesday. In February Ark purchased $30 million worth of Coinbase shares. Cathie Wood’s Ark Invest…
Silvergate shares tumble after company says it’s shutting down crypto bank
Silvergate shares fell sharply after news the crypto-friendly bank would be winding down operations. The company says it will issue full repayments of all customer deposits. Silvergate has been in…
Crypto hedge fund Galois shuts down following exposure to FTX
Galois has halted all trading after losing $40 million to FTX. The hedge fund has become the latest entity to be negatively affected by FTX’s collapse. The company said it…
What does BUSD shutting down mean for the crypto industry? A deep dive
Key Takeaways The SEC is suing Paxos, the issuer of Binance’s stablecoin, BUSD The stablecoin is to be phased out, with no new tokens minted Over $1 billion has been…
Solana-based crypto lender Everlend Finance shuts down app
Everlend Finance has closed down its lending app. Users have been advised to withdraw their assets. The crypto lender has blamed the current liquidity crunch in the market for the…