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Goldman Sachs Reportedly Raising $2 Billion to Buy Celsius 

Goldman Sachs Reportedly Raising $2 Billion to Buy Celsius 

The world's leading investment bank, Goldman Sachs is reportedly looking to raise $2 billion from investors to buy distressed assets from Celsius which is currently facing a liquidity crisis due to extreme market conditions. In a report by Coindesk on Friday, the...

CoinFLEX latest crypto exchange on withdrawal freeze

CoinFLEX latest crypto exchange on withdrawal freeze

Crypto trading platform CoinFLEX is following in the footsteps of Celsius in halting withdrawals. CoinFLEX revealed the move on Thursday, stating that due to extreme market conditions and the financial risk to the client.

Solana Labs is Building a Web 3 Android Smartphone 

Solana Labs is Building a Web 3 Android Smartphone 

Solana Labs, the company behind the Solana blockchain has unveiled its plans to build a web 3.0-focused Android smartphone called Saga as well as the Solana Mobile Stack software ecosystem for Android. Find out its fascinating features while you read ahead! This...

Tether to Launch Stablecoin Pegged to the British Pounds Sterling

Tether to Launch Stablecoin Pegged to the British Pounds Sterling

Not quite long after releasing a stablecoin pegged to the Mexican Peso, Tether, the company behind the largest stablecoin (USDT) by market cap is set to launch another stablecoin tied to the British Pounds Sterling (GBPT). As per the announcement by the company, the...

Swiss Luxury Watchmaker Hublot Now Accepts Bitcoin as Payments

Swiss Luxury Watchmaker Hublot Now Accepts Bitcoin as Payments

As time passes, cryptocurrency is continuously becoming popular among the world's population, prompting various businesses across the globe to adopt crypto as payments, in fact, the current dip in the crypto market could not even stop its adoption.  In its...

Twitter Board Asks Shareholders to Approve Musk’s $44 Billion Bid

Twitter Board Asks Shareholders to Approve Musk’s $44 Billion Bid

Twitter board on Tuesday has unanimously recommended that the shareholders approve Elon Musk's $44 billion takeovers. In a statement in a document filed with the Securities and Exchange Commission (SEC), the board stated that it “unanimously recommends that you vote...

Iowa fines BlockFi $943K as part of broader US regulatory settlement

Iowa fines BlockFi $943K as part of broader US regulatory settlement

Iowa, a state agency has sent a consent order to BlockFi, a major crypto lending platform, for selling unregistered securities and risking its loan portfolio. BlockFi has stepped out in defense, stating that the settlements would make its products registered since the...

3AC Fund Was Liquidated And Lost Nearly $400 million

3AC Fund Was Liquidated And Lost Nearly $400 million

Setting foot into this week has been an entire collapse of the crypto world as the market continues to plunge, leaving many in fear, however, the week seems to be worse for the Three Arrows Capital as the firm faces potential insolvency after being liquidated by its...

Coinbase Lays Off 18% of its Staff Amidst Economic Downturn

Coinbase Lays Off 18% of its Staff Amidst Economic Downturn

Following Coinbase's Brian Armstrong's consultation with the company's executives and the board regarding the recent market events, and also to stay healthy amidst crypto winter, Coinbase has, however, reached a difficult conclusion by laying off part of its staff. In...

Do Kwon and Terra Lose Appeal to Thwart SEC’s Investigation

Do Kwon and Terra Lose Appeal to Thwart SEC’s Investigation

According to the media report earlier this month, the US Securities and Exchange Commission enforcement attorneys are investigating whether Terra Labs, the company behind the TerraUSD violated the federal investors-protection regulations. The UST stablecoin is...

New York Crypto Regulators Issue Formal Stablecoin Guidance

New York Crypto Regulators Issue Formal Stablecoin Guidance

In order to ensure maximum protection of consumers and financial institutions, the New York financial watchdog on Wednesday has released strict and attestation requirements for licensed stablecoin issuers. The newly released guidance will affect the existing holders...

Apple’s Developers Conference Sparks Rumors of NFT Trading Cards

Apple’s Developers Conference Sparks Rumors of NFT Trading Cards

Apple is hosting the 2022 Worldwide Developers Conference (WWDC) from June 6 to 10, an online event that is expected to involve leading experts and advocates in the tech space. Are you missing this? Become a member of our Paradise VIP family; with our Binance, Kucoin,...

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