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Bitcoin Bear Market Claims Another Crypto Firm as Zipmex Files for Bankruptcy
Thailand-based cryptocurrency exchange Zipmex is seeking bankruptcy protection against legal action from creditors, according to an update from the company on Wednesday. The company, which froze user withdrawals last week, submitted moratorium applications on July […]
Huobi Bitcoin Exchange’s HUSD Stablecoin Loses Its Dollar Peg
HUSD has become the latest stablecoin to lose its parity with the U.S. dollar, tumbling by as much as 14.7% on Thursday, according to data from CoinMarketCap. Issued by the Hong Kong-based Stable Universal, HUSD […]
Terra Halts Blockchain to Prevent Attacks as LUNA Goes to Zero
With LUNA trading for pennies—down from over $80 a week ago—the validators take extreme measures to protect the network.