Zipmex’s token plunged 50% to $0.50 as fresh funding woes were revealed.
The post Zipmex’s token value halves as fresh funding woes revealed appeared first on The Block.
The payment was due on March 23 and was required to fund working capital.
Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.
Variant GPs reveal the details behind their firm’s new incubation program.
The post Variant GPs unveil new Founder Fellowship incubator appeared first on The Block.
Troubled Asian crypto exchange Zipmex is under increasing pressure after its rescue investor V Ventures missed a fourth tranche payment, leaving the company unable to pay certain staff and at risk of liquidation.
The post Zipmex’s rescue investor misses payment, company warns employees of liquidation appeared first on The Block.
The United Arab Emirates expects to complete the first phase of its central bank digital currency strategy over the next 12 to 15 months.
Yields on liquidity pools are paying out as much as 800% annualized as users rush to claim ARB tokens.
Coinbase shares tumbled 16% Thursday, after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.
Some Binance employees and volunteers shared tips on forging bank documents, falsifying addresses or hiding the country of origin to get a Binance debit card, CNBC reported, citing Chinese-language chatroom messages it translated.
Cathie Wood’s Ark funds resume buying Coinbase shares. Across two funds, Ark bought almost $18 million in Coinbase stock.
The post Ark ETFs resume buying Coinbase shares with $18 million purchase appeared first on The Block.
