Credit is where the problem lies when exploring the recent Voyager Digital Chapter 11 bankruptcy that has left all customers’ digital assets frozen, with what looks like a high likelihood of catastrophic loss of significant proportions of customer digital assets.
To stop the bleed as a result of customers pulling out/selling assets following recent market decline and general skepticism, Voyager Digital stopped all asset movement in and out of the exchange and filed for Chapter 11 in what Ehrlich claims is:
“to protect assets on the platform, maximize value for all stakeholders, especially customers, and emerge as a stronger company.”
Whether you’ve been on the sidelines about crypto and waited for a dip to get in the market, or a bonafide veteran just looking to increase your stack of sats, you’re probably welcoming a bit of extra crypto during the current market slump. With big gains in 2021 across to board, followed by some current downturns in mid 2022, the talking heads forget that there is still a massive growth in crypto tech via the likes of Web3, Metaverse, NFT and DeFi that won’t stop for a market “crash.” There are many interesting areas in this growing space to invest in. With the recent dip in 2022, crypto investors are granted another record opportunity to invest ahead of the next market upswing. We will explore the top 6 ways to get some free or low-cost crypto this summer before the market recovery.
Currency.com, one of the cutting edge trading platforms bringing crypto to the masses, suffered a massive cyberattack attempt after announcing that it would halt all operations in Russia last week due to the ongoing invasion of Ukraine.
According to the most recent data from Glassnode, the blockchain data and intelligence provider that generates innovative on-chain metrics and tools for digital asset stakeholders, large amounts of Bitcoin have been on the move yet again making March the fourth month in a row with exchanges losing 100,000 BTC.
Singapore has added their voice to the global chorus denouncing Russia’s recent invasion of Ukraine, announcing sweeping economic sanctions that will hit several sectors of Russia’s economy including cryptocurrencies.
As noted by the widely popular crypto analyst Lark Davis, crypto exchange Binance has started to allow users to make direct withdrawals to Layer Two Ethereum Networks. Binance first announced plans to integrate the Arbitrum One Network and simultaneously open deposits for ETH on Arbitrum One Layer 2 back in November of 2021. After the most recent developments, users now have the ability to make withdrawals as well as deposit ETH to their Binance accounts using the Arbitrum One Layer 2 solution.
Polygon (MATIC) announced on its official site that following a community vote goEthereum’s flagship project, Uniswap, now has its V3 contracts live on the layer-two scaling solution with benefits including lower gas fees, faster transactions, and increased users among several others. Support for Polygon has also been integrated with the AMM’s (automated market maker) official interface.
Starting Monday, November 29th 2021 thru Tuesday November 30th 2021, Voyager will offer new customers an additional $15 in Bitcoin on top of their regular $25 Bitcoin sign-up reward, giving $40 total in Bitcoin just for joining the popular and high-reward crypto exchange. This makes their sign-up incentive one of the largest in the industry, and does not even take the 12% interest that customers earn on their crypto into account.
Whether you’re new to crypto this year or a bonafide veteran, you’re probably welcoming a bit of extra crypto as part of your Hanukkah gelt (money) stack this holiday season. With big gains in 2021 across to board, and massive growth in crypto tech via the likes of the Metaverse, NFTs and DeFi, there are many interesting areas in this exciting new space to invest in. With 2021 coming to a record close, and 2022 positioned as another record year for the cryptocurrency industry, we explore the top eight ways to get some free or low-cost crypto this season.
A new partnership between Crypto.com Exchange, one of the fastest growing and most secure crypto trading platforms, and Silvergate, a Federal Reserve member bank and a leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry, was just announced to introduce USD deposits and withdrawals for Crypto.com institutional clients.
Privacy & Cookies
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.