Network Financial News

20.07 / 07:41

Blockchain Aave Pocket Network network Aave partners with Pocket Network to access on-chain data from multiple blockchains

Pocket Network has partnered with open source liquidity market and lending platform Aave, which will enable it to utilise Pocket’s distributed network of more than 44,000 nodes to access on-chain data from multiple blockchains. The partnership also benefits developers building Aave-powered dApps, allowing them to access reliable blockchain data from Pocket Network on demand. This agreement was funded through Aave Grants DAO, which approved a Grant for the acquisition of the necessary POKT for Aave’s frontend traffic.

19.07 / 18:31

Blockchain UPS Ethereum Bitcoin network Join Olavivo: A Top-Rated Global Crypto Affiliate Network

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

19.07 / 14:49

Adoption Lightning Network lightning Bitcoin network Busking on Bitcoin: How Lightning Network outperforms Ethereum for tipping

The Canadian band The Carbons got a little more than just a tip during a live performance in Kelowna, British Columbia. When passerby Ben from BTCSessions, a Youtuber and Bitcoin (BTC) educator, saw that the band accepted Bitcoin, he had to send some magic internet money their way.

19.07 / 12:25

Blockchain Ethereum Adoption Polygon network Aave taps Pocket Network to beef up decentralized app development

Aave (AAVE), an open source decentralized finance (DeFi) protocol, is teaming up with decentralized Web3 infrastructure provider Pocket Network to offer developers increased scalability and ease of use when building decentralized applications (DApps) on the Aave Protocol.

18.07 / 10:07

cryptocurrency crypto news network Celsius Network Reveals $1.19 Billion Hole In Crypto Lender's Bankruptcy Protection Filing

Crypto lender Celsius Network reveals $1.19 billion hole in bankruptcy filing

18.07 / 05:17

Celsius network Crypto lender Celsius Network reveals $1.19 bln hole in bankruptcy filing

Celsius Network listed a $1.19 billion deficit on its balance sheet in a bankruptcy court filing on Thursday, a day after the cryptocurrency lender filed for Chapter 11. New Jersey-based Celsius froze withdrawals last month, citing «extreme» market conditions, cutting off access to savings for individual investors and sending tremors through the crypto market. In the filing at the U.S. Bankruptcy Court for Southern District of New York on Thursday, Celsius also said it had $40 million in claims against Singapore-based Three Arrows Capital, a crypto hedge fund that filed for bankruptcy earlier this month.

17.07 / 00:43

UPS Santiment QNT network Where does Quant Network stand amid a 90% price rally and significant accumulation of QNT?

In the last quarter, the bloodbath that hit the cryptocurrency market led the prices of many crypto assets to post declines. Since the beginning of Q3 2022, a lot of these crypto assets have shown signs of recovery. With over a 90% price rally since the beginning of the month, Quant Network’s QNT token has taken the lead. Let’s take a closer look at the token’s performance since the beginning of the quarter.

15.07 / 14:17

Blockchain CEO Assurant Align network Blockchain Network Sustainable blockchain network 5ire secures $100 million Series A

A blockchain ecosystem that integrates sustainability, technology and innovation initiatives to build the 5th industrial revolution, 5ire aims to incentivise practices that align with the UN’s Sustainable Development Goals (SDGs) to move from the 4th to the 5th industrial revolution. Further to this, 5ire supports decentralised autonomous organisations (DAOS) and working groups to hasten the implementation of the SDGs.

15.07 / 12:39

Reuters Digital Platform Southern network $1.19B Deficit Hole Listed on Balance Sheet: Celsius Network

A $1.19 billion deficit was listed on Celsius Network's balance sheet in a court filing on Thursday.

15.07 / 09:19

Blockchain Provident Dreams network Ankr Unveils Its Biggest Upgrade, Ankr Network 2.0, to Truly Decentralize Web3’s Foundational Layer

Disclaimer: The text below is a press release is not part of Cryptonews.com editorial content.

15.07 / 04:33

Blockchain Altcoin update network Celo network back online after almost 24-hour outage

Proof-of-stake-based blockchain Celo has been suffering from an on-and-off network outage lasting 24 hours, though the blockchain appears to be up and running again now.

14.07 / 19:59

business Robinhood Gemini data network Data transfer network Plaid integrates 4 major crypto exchanges

United States data transfer network Plaid has added four major cryptocurrency exchanges to its platform, giving users the ability to connect their digital asset portfolios to other applications more easily.

14.07 / 16:29

Ethereum Provident Tether Bitcoin network Celsius Network files for bankruptcy

The firm, which was valued at $3.25 billion on a $750 million Series B financing round in November, allowed its 1.7 million users to deposit their bitcoin, ethereum and tether and receive weekly interest payments.On announcing bankruptcy proceedings, founder Alex Mashinsky told the Wall Street Journal: “This is the right decision for our community and company. I am confident that when we look back at the history of Celsius, we will see this as a defining moment.”At the time of the filing, the US company had $167m cash on hand to provide liquidity to support certain operations during the restructuring process.

14.07 / 14:55

Blockchain cryptocurrency Money Bitcoin network Cryptocurrency lender Celsius Network files for bankruptcy as crypto winter bites

Cryptocurrency lending platform Celsius Network has filed for bankruptcy, as the fallout from huge drops in prices in the crypto industry continues to hit companies.

14.07 / 10:17

cryptocurrency Southern network Crypto Lender Celsius Network Files For Bankruptcy

Celsius froze withdrawals and transfers last month.

13.07 / 09:51

Blockchain Provident Digital Discover network MLB All-Star and NY Yankee Pitcher Nestor Cortes Releasing Personal NFT Collection On The ReserveBlock RBX Network

Disclaimer: The text below is a press release is not part of Cryptonews.com editorial content.

13.07 / 00:03

markets Blockchain Ethereum network Nervous Network (CKB) price posts double-digit gain after Godwoken layer 2 launch

Positive price movement during bear markets are notoriously hard to come by due to the non-stop FUD of media and lackadaisical interest from crypto investors.

12.07 / 08:57

Blockchain Adoption Consensus Internet of Things network Helium Network Helium network team resolves consensus error after 4-hour outage

The Internet of Things (IoT) blockchain Helium shut down for about 4 hours on July 11 due to validator outages from a software update, causing delayed transaction finality.

11.07 / 11:49

Ethereum ETH network Ethereum [ETH]: Identifying how good or bad Q2 was for the network

In its new report titled “State of Ethereum Report — Q2, 2022,” Bankless reviewed the performance of the Ethereum Network and its ecosystem in the second quarter of 2022. It touched upon the network’s performance under four broad categories – Protocol, Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), and Layer 2.

09.07 / 10:35

cryptocurrency crypto news network Lawsuit Accuses Crypto Lender Celsius Network Of Ponzi Scheme Fraud

Lawsuit accuses troubled crypto lender Celsius Network of fraud

08.07 / 13:25

Twitter Extreme CEO Fallout network Financial Lawsuit: Ex-Employee Accuses Celsius Network of Financial Fraud Involvement

A former investment manager at Celsius Network filed a lawsuit against the popular crypto lending firm on Thursday, claiming that the firm involved itself in market manipulation and failed to create basic accounting controls to safeguard customer deposits.

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