137,000 BTC worth roughly $2.8 billion will soon be released into the market as funds lost to the Mt. The post Will release of $3B Bitcoin from Mt Gox cause market bottom in August? appeared first on CryptoSlate.

Alameda Research, the investment arm of Sam Bankman-Frie’s crypto empire, has sent its first tweet ever, and it is aimed directly at the bankrupt crypto exchange, Voyager Digital. The post Alameda Research happy to repay Voyager loan in its first ever tweet appeared first on CryptoSlate.

On June 15, Paolo Ardoino, CTO of Tether and Bitfinex, disclosed that Tether had liquidated a loan given to Celsius “without loss.” Tether has confirmed the liquidation process and revealed that it “returned the remaining part [of the loan] to Celsius.” Tether also affirmed that it “reconfirmed in writing before the start of the liquidation The post Tether reveals how it returned funds to Celsius following liquidation appeared first on CryptoSlate.

Tesla CEO and Dogecoin superfan Elon Musk has pulled out of his $44 billion deal with Twitter citing concerns over “false and misleading representations.” One of the key concerns was a lack of data available to Musk to analyze the severity of the bot problem on the platform. The post Elon Musk pulls out of Twitter deal amid “false and misleading” information from Twitter appeared first on CryptoSlate.

BlockFi appears to be managing damage control as it sent out an email to users Wednesday evening for investors “looking for reassurance in this crypto bear market.” The email confirmed that BlockFi continues to put risk management first while navigating market volatility. The post BlockFi confirms it holds 50% of client funds in short-term positions with 10% in collateral appeared first on CryptoSlate.