Texas securities regulator investigates Celsius over withdrawal suspension: Report

The Texas State Securities Board has reportedly opened an investigation into crypto lending platform Celsius Network over its decision to suspend user withdrawals. According to a Thursday report from Reuters, Texas State Securities Board director of enforcement division Joseph Rotunda said the regulator began investigating Celsius on Monday shortly after the platform announced it would be “pausing all withdrawals, swaps […]

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GeckoCon Web3 Conference 2022: The Decentralized Future

Are you excited about web3 and the decentralized future? If yes, then you will be even more excited about the upcoming GeckoCon virtual web3 conference scheduled for 14 and 15 July 2022. Learn from thought leaders and innovators across the blockchain space how web3 will empower the decentralized future, including the Creative Economy, Finance, Governance, Business, and more! There will […]

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Game Over For Celsius Network ! Bankruptcy Seems Imminent

Celsius is presently investigating all possibilities to avoid insolvency, including consulting restructuring attorneys to address its financial issues. This also includes appointing Citigroup to assist with possible financial choices and suspending withdrawals and transfers on the platform. Yet, many crypto professionals and research organizations feel that poor risk management, adverse market circumstances, and the stETH depeg will place Celsius in […]

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Kazakhstan to let crypto exchanges open bank accounts

In addition to its swift advances toward regulating crypto mining, Kazakhstan will launch a pilot project for crypto exchanges in the special economic zone of Astana International Finance Centre.  The Ministry of Digital Development, Innovations and Aerospace Industry of Kazakhstan Republic announced on Thursday a pilot project of cooperation between the crypto exchanges and some of the local banks. The working […]

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71% of high net worth individuals have invested in digital assets: Survey

High net worth individuals (HNWI) have embraced cryptocurrencies and other digital assets, with 71% of wealthy individuals investing in digital assets according to a new survey. Technology consulting company Capgemini released its 2022 World Wealth Report on June 14. It polled 2,973 global HNWIs, with 54% reporting a wealth band ranging from $1 million to $30 million and 46% reporting […]

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