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DeFi

Eqonex Will Be Closing It's Crypto Exchange After 2 Years
Exchanges
EQONEX to Shut Down Crypto Exchange and Focus on Asset Management and Custody Businesses

EQONEX, a publicly traded blockchain services company, has announced that it will be shutting down its crypto exchange.
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CEO Alex Mashinsky celsius crypto bankruptcy
Altcoins
CEO of Celsius Was Responsible for Crypto Trading Strategy Before Bankruptcy

CEO Alex Mashinsky took control of trading strategy and placed trade orders based on false information.
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Binance News
Binance Red Alarm Platform Flags 50 New Projects, Including Dogecoin Spin-Offs, Pandas, and Dogs

The recently launched BNB Chain’s Red Alert system has identified and flagged 50 new crypto projects as potential scams.
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Regulations
Crypto.com Signs Pre-Registration Undertaking to Operate Under Canada’s OSC

Crypto.com has signed a pre-registration undertaking with the Ontario Securities Commission (OSC) in Canada.

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crypto debit card defi
Cryptopedia
Crypto Debit Cards: What Are They And How Do They Work In DeFi?

Cryptocurrency is bringing forth new innovations to make it acceptable and usable by all.
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Decentralized apps on Polygon
Altcoins
The Number of Decentralized Apps on Polygon Increased by 400%

The number of DApps on the network has topped 37,000.
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coinbase sec staking crypto
Coinbase News
The SEC Opens Probe into Coinbase’s Crypto Yield and Staking Products

Coinbase has seen the Security and Exchange Commission (SEC) open another probe into the exchange’s crypto yield and staking products.
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hotbit freeze withdrawals and customer funds
Exchanges
Crypto Exchange Hotbit Froze Withdrawals and Customer Funds

Authorities are investigating alleged criminal misconduct of a former employee.

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Messari Out To Raise $35m In Financing At $300m Valuation
Crypto Market News
Messari CEO Ryan Selkis Hints at Plan to Raise $35m in Fresh Financing

As Messari reveals that it is hiring $35m worth of developers.

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FTX Pay Integrates With Reddit Community Points
FTX News
Reddit Integrates Community Points with FTX Pay’s Payment and Exchange Infrastructure

Reddit has partnered with the FTX exchange to integrate payments through the FTX Pay app.
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Astar Network and Acala Announce Partnership in a Major Boost to DeFi on Polkadot
Polkadot (DOT)
Astar Network and Acala Announce Partnership in a Major Boost to DeFi on Polkadot

For the first time, two of the biggest parachains will work together to launch the “DeFi Rising” program on Polkadot.
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Crypto Exchange Coinbase Posts $1 Billion Loss In Q2
Coinbase News
Coinbase Posts $1 Billion Dollar Loss in Q2, Trading Volumes Take Major Hit

Coinbase has released its second-quarter revenue reporting a larger-than-expected quarterly loss of $1 billion.

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Crypto Exchange Nuri Files For Insolvency In Germany, Celsius Bankruptcy to Blame
Exchanges
Crypto Exchange Nuri Files for Insolvency in Germany, Celsius Bankruptcy to Blame

Another crypto player goes down due to the market conditions.
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Voyager gets approval to return $270 million to its clients, Wall Street Journal Reports
Regulations
Voyager Gains Approval To Return $270 Million to Clients, Wall Street Journal Reports

Court ruled clients should be given access to the custodial accounts.
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Crypto Startup Radkl Finds New Investors
Crypto Market News
Billionaire Steve Cohen Withdraws Support For Crypto Startup Radkl

At the one-year mark, Radkl has lost key players from upper management.

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Crypto-lender-Vauld-Will-Have-3-month-Immunity-to-Creditors
Crypto Market News
Crypto Lender Vauld Gains 3 Month Immunity To Creditors

Company say this time is needed to develop a restructuring strategy.
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Aave DAO Approves The Launch Of GHO A Collateral Backed Stablecoin
Altcoins
AAVE Approves Proposal To Launch Overcollateralized Stablecoin, GHO

AAVE has announced that its community has given the green light to the proposal to launch GHO.
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Crypto Platform Zipmex Seeks Bankruptcy Protection In Singapore
Exchanges
Crypto Exchange Zipmex Files for Bankruptcy in Singapore, Succumbing to Pressure from Crypto Winter

Zipmex has become the latest firm to fall under the weight of the crypto winter as it files for bankruptcy.
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Again Another Stablecoin Lost It's USD Peg By 91%
Solana (SOL)
Solana DeFi Protocol Suffers Flash Exploit – Nirvana (NIRV) Stablecoin Loses Dollar Peg

Since the Terra stablecoin (UST) imploded, stablecoins have faced a tough time and increased regulatory scrutiny.
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Altcoins
DeFiChain’s DFI Token Starts Trading on Huobi Global

DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, officially
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