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)
Celsius
Paused 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 US
In a class-action lawsuit filed, Binance.US has been accused of misleading investors surrounding the Terra blockchain ecosystem. (source)
TRON
Tron 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)
Farfetch
Announced that it will be accepting cryptocurrency payments later this year. (source)