Articles by Varinder Singh
Fender Partners Meta To Launch Music Metaverse "Stratoverse"
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Fender Partners Meta To Launch Music Metaverse "Stratoverse"
News

Fender Partners Meta To Launch Music Metaverse “Stratoverse”

Guitar giant Fender has partnered with Meta to launch the music metaverse, Fender Stratoverse. It is one of the two new virtual worlds Meta launched at the Cannes Lions 2022. The other, MINIverse metaverse was launched in partnership with BMW Group. The Stratoverse is a musical adventure where users can find guitar chords to create

Guitar giant Fender has partnered with Meta to launch the music metaverse, Fender Stratoverse. It is one of the two new virtual worlds Meta launched at the Cannes Lions 2022. The other, MINIverse metaverse was launched in partnership with BMW Group. The Stratoverse is a musical adventure where users can find guitar chords to create

Bitcoin and Ethereum Under Pressure Amid Friday's Options Expiry
Bitcoin News
Bitcoin and Ethereum Under Pressure Amid Friday's Options Expiry
Bitcoin News

Bitcoin and Ethereum Under Pressure Amid Friday’s Options Expiry

Friday’s Bitcoin (BTC) and Ethereum (ETH) options expiry will be one of the biggest quarterly expiry seen in recent times. Around 103,000 Bitcoin contracts with a notional value of $2.1 billion and almost 1.1 million Ethereum contracts with a notional value of 1.2 billion set to expire on June 24. In total, 3.3 billion in

Friday’s Bitcoin (BTC) and Ethereum (ETH) options expiry will be one of the biggest quarterly expiry seen in recent times. Around 103,000 Bitcoin contracts with a notional value of $2.1 billion and almost 1.1 million Ethereum contracts with a notional value of 1.2 billion set to expire on June 24. In total, 3.3 billion in

eBay Acquires NFT Marketplace KnownOrigin
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eBay Acquires NFT Marketplace KnownOrigin
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Breaking: eBay Acquires NFT Marketplace KnownOrigin, Here’s Why

Global e-commerce firm eBay on Wednesday said it has acquired NFT marketplace KnownOrigin for an undisclosed amount. The acquisition will help eBay take an important step in its mission to enter a new era of digital collecting to become the world’s top destination for collectibles. eBay Foray Deeper into NFT With Acquisition of KnownOrigin eBay

Global e-commerce firm eBay on Wednesday said it has acquired NFT marketplace KnownOrigin for an undisclosed amount. The acquisition will help eBay take an important step in its mission to enter a new era of digital collecting to become the world’s top destination for collectibles. eBay Foray Deeper into NFT With Acquisition of KnownOrigin eBay

This Crypto Broker Raises $150 Mln From Top Investors Amid Market Stress
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This Crypto Broker Raises $150 Mln From Top Investors Amid Market Stress
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This Crypto Broker Raised $150 Mln Despite A Market Crash

Crypto broker FalconX has raised $150 million in its latest funding round from top investors despite weak market conditions. The need for a reliable platform for order execution and institutional conviction in digital assets made venture capital firms invest again in FalconX. FalconX has become one of the most valuable platforms for institutional investors, as

Crypto broker FalconX has raised $150 million in its latest funding round from top investors despite weak market conditions. The need for a reliable platform for order execution and institutional conviction in digital assets made venture capital firms invest again in FalconX. FalconX has become one of the most valuable platforms for institutional investors, as

South Korea's SK Square Delays Crypto Token Launch, Here's Why
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South Korea's SK Square Delays Crypto Token Launch, Here's Why
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South Korea’s SK Square Delays Crypto Token Launch, Here’s Why

South Korea-based SK Square, an investment arm of conglomerate SK Group, on Wednesday said it will delay the launch of its crypto token due to volatility and FUD in the crypto market. In fact, SK Square initially planned to release its white paper in the second quarter and launch the SK Coin, a tentative name,

South Korea-based SK Square, an investment arm of conglomerate SK Group, on Wednesday said it will delay the launch of its crypto token due to volatility and FUD in the crypto market. In fact, SK Square initially planned to release its white paper in the second quarter and launch the SK Coin, a tentative name,

Maple Finance Faces Liquidity Issues Amid Contagion Concerns
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Maple Finance Faces Liquidity Issues Amid Contagion Concerns
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Maple Finance Faces Liquidity Crunch From Babel Contagion

Crypto lender Maple Finance is also facing liquidity issues amid the ongoing liquidity crisis in the crypto market. Maple Finance on Wednesday revealed that Babel Finance has a loan of $10 million in the Orthogonal Trading liquidity pool on Maple. In fact, Maple Finance has warned that the lending protocol may face liquidity issues in

Crypto lender Maple Finance is also facing liquidity issues amid the ongoing liquidity crisis in the crypto market. Maple Finance on Wednesday revealed that Babel Finance has a loan of $10 million in the Orthogonal Trading liquidity pool on Maple. In fact, Maple Finance has warned that the lending protocol may face liquidity issues in

Twitter Agrees To Share More Data With Elon Musk
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Twitter Agrees To Share More Data With Elon Musk
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Breaking: Twitter Board Recommends Shareholders Accept Musk Deal

Social media giant Twitter on Tuesday has filed a proxy statement with the SEC asking its shareholders to attend a special meeting on Elon Musk’s $44 billion takeover deal. In the filing, Twitter’s board of directors unanimously recommends its shareholders to vote in favor of the takeover deal. Twitter Board Asks Shareholders to Approve the

Social media giant Twitter on Tuesday has filed a proxy statement with the SEC asking its shareholders to attend a special meeting on Elon Musk’s $44 billion takeover deal. In the filing, Twitter’s board of directors unanimously recommends its shareholders to vote in favor of the takeover deal. Twitter Board Asks Shareholders to Approve the

Vitalik Buterin Refutes S2F Model, PlanB Replies In Defense
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Vitalik Buterin Refutes S2F Model, PlanB Replies In Defense
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Vitalik Buterin Criticizes The Bitcoin Stock-To-Flow Model, Here’s Why

Ethereum’s founder Vitalik Buterin criticized the Stock-to-Flow (S2F) model, claiming that the model gives false predictions about Bitcoin (BTC) price. He thinks financial models that give wrong forecasts are harmful as they make people believe that prices will go up. In response, the creator of the S2F model PlanB argues that some people just look

Ethereum’s founder Vitalik Buterin criticized the Stock-to-Flow (S2F) model, claiming that the model gives false predictions about Bitcoin (BTC) price. He thinks financial models that give wrong forecasts are harmful as they make people believe that prices will go up. In response, the creator of the S2F model PlanB argues that some people just look

Cloudflare Outage Takes Down Half Of The Internet
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Cloudflare Outage Takes Down Half Of The Internet
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Breaking: Cloudflare Outage Takes Down These Crypto Firms

Cloudflare on Tuesday said it is facing services and network issues, causing errors or timeouts on many websites. Moreover, the issue has been identified by the Cloudflare team, and currently implementing a fix to restore the affected services. The affected services include major crypto websites, and other popular shopping, social, and gaming platforms. Some of

Cloudflare on Tuesday said it is facing services and network issues, causing errors or timeouts on many websites. Moreover, the issue has been identified by the Cloudflare team, and currently implementing a fix to restore the affected services. The affected services include major crypto websites, and other popular shopping, social, and gaming platforms. Some of

BAYC Collaborates With Rolling Stone Again For Limited Edition NFTs
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BAYC Collaborates With Rolling Stone Again For Limited Edition NFTs
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BAYC Collaborates With Rolling Stone For Limited Edition NFTs

Bored Ape Yacht Club has announced its second collaboration with Rolling Stone during the Ape Fest 2022. The limited-edition Rolling Stone collectibles will include two 1/1 BAYC and MAYC NFTs, along with physical art prints. The first BAYC x Rolling Stone NFTs and art prints garnered much attention from the NFT community. Both platforms hope

Bored Ape Yacht Club has announced its second collaboration with Rolling Stone during the Ape Fest 2022. The limited-edition Rolling Stone collectibles will include two 1/1 BAYC and MAYC NFTs, along with physical art prints. The first BAYC x Rolling Stone NFTs and art prints garnered much attention from the NFT community. Both platforms hope

Babel Finance Signs Agreements To Ease Some Liquidity Pressure
DeFi News
Babel Finance Signs Agreements To Ease Some Liquidity Pressure
DeFi News

Crypto Unicorn Babel Finance Moves To Solve Liquidity Crisis

Crypto lender Babel Finance on Monday said it has signed preliminary agreements with several counterparties on the repayment period of some debts. The preliminary agreements will help ease the company’s short-term liquidity pressure. Moreover, the firm will continue to seek liquidity support from shareholders and potential investors. Babel Finance Looks to Solve Liquidity Crisis Last

Crypto lender Babel Finance on Monday said it has signed preliminary agreements with several counterparties on the repayment period of some debts. The preliminary agreements will help ease the company’s short-term liquidity pressure. Moreover, the firm will continue to seek liquidity support from shareholders and potential investors. Babel Finance Looks to Solve Liquidity Crisis Last

Tether CTO Defends USDT Reserves Disclosure, Plans To Undergo Full Audit
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Tether CTO Defends USDT Reserves Disclosure, Plans To Undergo Full Audit
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Just-In: Tether Defends USDT Reserves, Plans To Undergo Full Audit

Tether’s CTO Paolo Ardoino on Monday said Tether (USDT) has survived short selling and redemptions amid the crypto market crash. Moreover, Paolo Ardoino believes Tether has always been more transparent about its reserves. Tether reserves are validated quarterly by accounting firm MHA. In fact, Tether is planning to undergo a full audit of its reserves.

Tether’s CTO Paolo Ardoino on Monday said Tether (USDT) has survived short selling and redemptions amid the crypto market crash. Moreover, Paolo Ardoino believes Tether has always been more transparent about its reserves. Tether reserves are validated quarterly by accounting firm MHA. In fact, Tether is planning to undergo a full audit of its reserves.

Bancor Disables Impermanent Loss Protection Until Crypto Market Stabilizes
DeFi News
Bancor Disables Impermanent Loss Protection Until Crypto Market Stabilizes
DeFi News

‘Hostile’ Market Conditions Force Bancor To Disable This Protection

The DeFi protocol Bancor on Monday said it has paused the Impermanent Loss Protection to protect liquidity providers (LPs) amid extreme market conditions. It will be reactivated once the crypto market stabilizes. Moreover, the Bancor DAO has been asked to pause the Impermanent Loss Protection for rewards on its liquidity pools. In order to prevent

The DeFi protocol Bancor on Monday said it has paused the Impermanent Loss Protection to protect liquidity providers (LPs) amid extreme market conditions. It will be reactivated once the crypto market stabilizes. Moreover, the Bancor DAO has been asked to pause the Impermanent Loss Protection for rewards on its liquidity pools. In order to prevent

Bitcoin Bottom
Bitcoin News
Bitcoin Bottom
Bitcoin News

Here’s When Binance CEO “CZ” Thinks Bitcoin Could Bottom Out

At a time when crypto analysts and Bitcoin evangelists are trying to predict a bottom, Binance CEO “CZ” has come up with his opinion on Bitcoin’s bottom. He believes Bitcoin (BTC) bottoms out when there are “bitcoin is dead” headlines. So, historically anyone who bought Bitcoin when there was such a sentiment made the most

At a time when crypto analysts and Bitcoin evangelists are trying to predict a bottom, Binance CEO “CZ” has come up with his opinion on Bitcoin’s bottom. He believes Bitcoin (BTC) bottoms out when there are “bitcoin is dead” headlines. So, historically anyone who bought Bitcoin when there was such a sentiment made the most

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Crypto Analysts Try To Time A Bitcoin Bottom As Prices Collapse

At times when the crypto market is reeling under heavy pressure as several crypto giants face liquidation risks, several crypto analysts believe Bitcoin (BTC) at the current level is the perfect ‘buy-the-dip’ opportunity. The Bitcoin (BTC) price is currently trading below the $20k level, falling to the lowest price of $19,148 on Saturday. Meanwhile, DCG’s

At times when the crypto market is reeling under heavy pressure as several crypto giants face liquidation risks, several crypto analysts believe Bitcoin (BTC) at the current level is the perfect ‘buy-the-dip’ opportunity. The Bitcoin (BTC) price is currently trading below the $20k level, falling to the lowest price of $19,148 on Saturday. Meanwhile, DCG’s

Genesis Trading Liquidates All Positions In A Large Counterparty
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Genesis Trading Liquidates All Positions In A Large Counterparty
News

Genesis Trading May Have Also Liquidated Three Arrows, Here’s Why

Genesis Trading CEO Michael Moro said the company has liquidated positions in a large counterparty that failed to meet a margin call earlier this week. Moro thinks it’s important for any company to provide transparency in such critical times when the market is in FUD. Although Genesis’s CEO didn’t disclose details about the counterparty, he

Genesis Trading CEO Michael Moro said the company has liquidated positions in a large counterparty that failed to meet a margin call earlier this week. Moro thinks it’s important for any company to provide transparency in such critical times when the market is in FUD. Although Genesis’s CEO didn’t disclose details about the counterparty, he

Three Arrows Capital liquidation
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Three Arrows Capital liquidation
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Three Arrows Capital Founders Come Clean On Insolvency Risks

Three Arrows Capital’s co-founders Kyle Davies and Zhu Su in an interview on Friday said the firm is considering asset sales and bailout as the insolvency risk looms. Davies says, after suffering heavy losses from a market-wide selloff in digital assets, the company has hired legal and financial advisers to work on a final solution. Kyle

Three Arrows Capital’s co-founders Kyle Davies and Zhu Su in an interview on Friday said the firm is considering asset sales and bailout as the insolvency risk looms. Davies says, after suffering heavy losses from a market-wide selloff in digital assets, the company has hired legal and financial advisers to work on a final solution. Kyle

FTX FTT
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FTX FTT
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Breaking: Crypto Exchange FTX Buys Its Way Into Canadian Markets

Crypto exchange FTX plans to acquire the Canada-based Bitvo exchange to expand into the Canadian crypto market. Bitvo is one of the few crypto exchanges regulated by all 13 provincial and territorial securities commissions across the country. FTX launching in Canada will further improve its reputation and opportunities in the crypto market, despite the current

Crypto exchange FTX plans to acquire the Canada-based Bitvo exchange to expand into the Canadian crypto market. Bitvo is one of the few crypto exchanges regulated by all 13 provincial and territorial securities commissions across the country. FTX launching in Canada will further improve its reputation and opportunities in the crypto market, despite the current

Three Arrows Capital
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Three Arrows Capital
News

Just-In: Three Arrows Capital Liquidates All Staked Ethereum In A Wallet

Crypto hedge fund Three Arrows Capital liquidated all Staked Ethereum (stETH) holdings in one of its wallets on Friday. The hedge fund on the brink of insolvency has been selling its stETH and Ethereum (ETH) holdings recently to pay back debts and outstanding loans. The consequences of Three Arrows Capital’s liquidation will be severe for

Crypto hedge fund Three Arrows Capital liquidated all Staked Ethereum (stETH) holdings in one of its wallets on Friday. The hedge fund on the brink of insolvency has been selling its stETH and Ethereum (ETH) holdings recently to pay back debts and outstanding loans. The consequences of Three Arrows Capital’s liquidation will be severe for

Binance CEO "CZ" Continues Its Southeast Asia Push With Cambodia
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Binance CEO "CZ" Continues Its Southeast Asia Push With Cambodia
News

Just-In: Binance Plans South Korea Re-entry Amid Global Expansion

The world’s largest crypto exchange Binance plans to re-enter the South Korean market amid its mission to expand in Southeast Asia. Binance’s CEO “CZ” announced his plan to re-enter South Korea in an interview with Korean media at the VivaTech 2022 in France. Binance To Re-Enter the South Korean Crypto Market Binance’s CEO is currently

The world’s largest crypto exchange Binance plans to re-enter the South Korean market amid its mission to expand in Southeast Asia. Binance’s CEO “CZ” announced his plan to re-enter South Korea in an interview with Korean media at the VivaTech 2022 in France. Binance To Re-Enter the South Korean Crypto Market Binance’s CEO is currently