13 Jun 202212:20
Project update
Crypto events recap, June 11-13

Crypto events recap, June 11-13

Crypto events recap, June 11-13

Bitcoin Bitcoin plunges below $24K, the lowest level since December 2020. Crypto Market Cap falls below $1T for the first time since early 2021, while bitcoin dominance increased to over 47% over the weekend.

Blockchain Association of Ukraine Plans to digitize "every single piece of art or history" it can to save Ukrainian Cultural ‘DNA’ amid russian invasion (source)

CelsiusPaused withdrawals and transfers, citing market conditions. $320M in crypto was sent from Aave into the FTX exchange for reasons not specified. (source)

Huobi Global Unveiled Ivy Blocks, a $1B DeFi and Web3 blockchain ecosystem investment arm. (source)

Helium Network Announced its model expansion, addressing the demand for unlimited wireless protocols. The expansion will come with the launch of MOBILE. (source)

Binance USIn a class-action lawsuit filed, Binance.US has been accused of misleading investors surrounding the Terra blockchain ecosystem. (source)

TRONTron DAO Reserve deploys $2B to fight short-sellers, buys $50M of Bitcoin and TRX, and deploys $700M to support USDD reserves. (source)

Coinhouse Raised $42.5M in a funding round joined by True Global Ventures 4 Plus Fund among others. (source)

FarfetchAnnounced that it will be accepting cryptocurrency payments later this year. (source)