Bear Market
Crypto community wants new Do Kwon interview because it learned ‘nothing’ from first
According to the community, the interview was more of a public relations stunt and a damage control attempt.
Oluwapelumi Adejumo 3 min read
Bear Market News
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Top Bear Market Stories
Bankruptcy
Celsius set to burn $137.2M in 3 months as bankruptcy proceedings continue
Celsius' total liabilities surpass its assets by $2.84 billion and its liquidity is expected to drop to negative $33.92 million by October.
Exchanges
Binance holds the most amount of Bitcoin on exchanges after roles have reversed with Coinbase
The amount of Bitcoin held by Binance and Coinbase has been following a falling trend since the beginning of the year. In May, Binance's Bitcoin holdings started to spike while Coinbase's kept falling.
Latest Bear Market News & Analysis
Bear Market
Siacoin creator Skynet to keep operating despite announced shutdown
Siacoin creator Skynet to keep operating despite the CEO blaming the company’s failure to focus on several things at once, making it difficult to develop one solid product.
Bear Market
Huobi founder Leon Li in talks to sell his shares for up to $3B
Huobi Group's founder Leon Li is reportedly in talks with Tron founder Justin Sun and FTX founder Sam Bankman-Fried to sell his majority stake in the exchange.
Adoption
A World War could trigger ‘an immense spike’ in Bitcoin price, adoption, Covalent CEO says
Ganesh Swami shares his thoughts on a likely scenario for digital assets in the event of world war breaking out.
People
Mark Cuban is getting sued for promoting Voyager Digital
Billionaire Mark Cuban is getting sued by Voyager Digital investors and his basketball team, Dallas Mavericks fans, for promoting Voyager Digital, which went bankrupt in July.
Exchanges
Hotbit exchange suspends all transactions indefinitely
Due to having its assets frozen as a part of an ongoing investigation, crypto trading platform Hotbit announced it suspended all functions. The exchange said the services will go back to normal as soon as the assets are unfrozen.
Bear Market
Germany-based Nuri files for insolvency, CoinFlex kicks off restructuring process
Crypto winter has left Nuri insolvent, while CoinFlex is looking to restructure to deal with its unpaid debt.
More Bear Market News Headlines
Earnings
Coinbase reports $1.10B loss in Q2 as assets on exchange slump
Bankruptcy
Celsius CEO under fire as Committee of Creditors, DFPI implicate him
Mining
Sphere 3D Bitcoin production remains flat in July amid US customs problems, crypto winter
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