Santander: We Have Observed a 61% Increase in Celebrity-linked Crypto Scams

Reading Time: < 1 minute Santander Bank analysts have said that the number of crypto scams associated with famous personalities increased by 61% in January-March.

CoinFLEX Sends a Default Notice to Founder

Reading Time: < 1 minute CoinFLEX has sent founder Roger Ver a default notice because he owes $47 million to the crypto derivatives platform.

American Express Talks About the Future of Crypto Payments

Reading Time: < 1 minute Crypto payments will become a reality in the future, but they are currently not cost effective.

Cryptocurrency Broker Voyager Digital Issues a Default Notice to Three Arrows Capital

Reading Time: < 1 minute Cryptocurrency broker Voyager Digital has issued a default notice to hedge fund Three Arrows Capital (3AC) due to non-payment of a loan.

Voyager Digital Lowers Daily Withdrawal Limit

Reading Time: < 1 minute Crypto broker Voyager Digital has lowered the daily withdrawal limit to $10,000 (from $25,000).

Babel Finance Agrees to Pay Off Part of its Debts

Reading Time: < 1 minute Cryptocurrency financial services provider Babel Finance has reached “preliminary agreements” with major counterparties “on the maturities of certain debts.”

Bancor Protocol Suspends its Protection Feature

Reading Time: < 1 minute The team of DeFi protocol Bancor has recently suspended its Impermanent Loss Protection (ILP) feature due to “hostile market conditions.”

Nexo’s CEO Compares Crypto Crisis with Banking Panic of 1907

Reading Time: < 1 minute Antoni Trenchev, co-founder and CEO of landing platform Nexo, has compared the current cryptocurrency market crash to the banking panic of 1907.

A Hacker Steals $1.2M in Crypto from Landing Project Inverse Finance

Reading Time: < 1 minute Landing protocol Inverse Finance has been hacked. As a result of the hack, the bad actor has stolen about $1.2 million in digital assets.