Sber to complete its first digital currency transaction
Russian banking giant Sber is ready to close its first digital currency transaction employing the bank’s unique digital asset platform in the near future. In an interview with the state-backed news agency TASS on June 15, Anatoly Popov, deputy chairman of Sber’s executive board, revealed Sber’s plans to conclude such a merger. Following a series […]
FINRA reportedly considers hiring employees terminated from crypto firms
The Financial Industry Regulatory Authority in the United States (FINRA), is apparently planning to increase its workforce by hiring staff who were recently fired from crypto firms. According to a Reuters article on Tuesday, FINRA President and CEO Robert Cook encouraged crypto workers who anticipate being laid off to contact the financial regulator as part […]
Ethereum (ETH) Price Drops 13%, Here’s Why Slip To $1,016 Is Detrimental
Ethereum (ETH) has been under pressure lately as it dropped about 13% in one day to trade at $1064 and is also on the verge of a huge selloff if it plummets further to $1016. As big lenders liquidate positions, the massive selloff will be triggered by the liquidation of Three Arrows Capital. If the […]
Three Arrows Capital Liquidates 15K ETH On Compound As Liquidation Pressure Intensifies
Crypto hedge fund Three Arrows Capital, has been seen liquidating its holding in an effort to settle the debt and prevent the company’s liquidation. In just one hour, a wallet linked to Three Arrows Capital liquidated almost 15k ETH on Compound. Apart from this wallet, Three Arrows Capital has started liquidating its holdings in its […]
USDD De-peg Intensifies As Tron’s TRX plummets 19%
The Tron’s native token, TRX took a hit over the last 24 hours after it plummeted in value, meanwhile, USDD stablecoin de-pegging has also intensified. TRX dropped as much as 19% and is now trading at $0.05, its lowest level in 15 months. In the last 24 hours, the token has also been the worst […]