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Home » Archive Jay Zhuang » Page 4

Posts by Jay Zhuang

About The Author

Jay Zhuang

Jay Zhuang is a journalist and artist with a background in digital art curation. He started writing about cryptocurrency in 2020 and began contributing to DAOs in 2021. He can be reached on Twitter.

Celsius Paid Back Entire Loan to Maker, Reclaiming Nearly 22K BTC Collateral

Celsius Paid Back Entire Loan to Maker, Reclaiming Nearly 22K BTC Collateral

Jul 8, 2022 05:48 Jay Zhuang

Celsius has freed up roughly $450M worth of BTC after paying off its over-collateralized loans to Maker.

90% of the Crypto Deleveraging is Already Done, Says Mike Novogratz

90% of the Crypto Deleveraging is Already Done, Says Mike Novogratz

Jul 7, 2022 19:49 Jay Zhuang

Novogratz accused the lack of transparency concerning those failed centralized organizations as responsible for the aggravated market cash.

Sam Bankman-Fried Says FTX Has a ‘Few Billion’ for Additional Bailouts

Sam Bankman-Fried Says FTX Has a ‘Few Billion’ for Additional Bailouts

Jul 7, 2022 07:29 Jay Zhuang

On top of leading firms like BlockFi and Voyager, small-sized companies have also reached out to FTX for help.

More Liquidation Ahead Before the Crypto Market Recovers: Cumberland

More Liquidation Ahead Before the Crypto Market Recovers: Cumberland

Jul 7, 2022 00:58 Jay Zhuang

Cumberland suggests that more badly managed assets need to be liquidated in order to see a fundamental market reversal.

US and South Korea Set to Share Data on the Terra-Luna Meltdown

US and South Korea Set to Share Data on the Terra-Luna Meltdown

Jul 6, 2022 22:02 Jay Zhuang

The latest cross-border partnership will focus on probing crypto and other financial crimes.

CryptoCom CEO Denies Imposing Withdrawal Restrictions

CryptoCom CEO Denies Imposing Withdrawal Restrictions

Jul 6, 2022 06:18 Jay Zhuang

CryptoCom CEO Kris Marszalek remains confident about the future of his company despite a recent 5% headcount reduction hitting his

Chinese Tech Giants Vow Support Additional Regulations on Digital Collectibles

Chinese Tech Giants Vow Support Additional Regulations on Digital Collectibles

Jul 5, 2022 23:06 Jay Zhuang

The new initiative reportedly came in response to the country’s banking, internet finance, and securities associations openly criticizing NFTs.

Indian Exchanges Volumes Slump Further Following Recent Crypto Tax

Indian Exchanges Volumes Slump Further Following Recent Crypto Tax

Jul 5, 2022 06:13 Jay Zhuang

Indian crypto exchanges have undergone tremendous downward pressure since heavy tax on crypto assets came into effect.

Circle CEO Refutes Rumor of USDC Collapse Due to Exposure to Troubled Firms

Circle CEO Refutes Rumor of USDC Collapse Due to Exposure to Troubled Firms

Jul 4, 2022 19:47 Jay Zhuang

The Circle CEO refuted the latest rumor of USDC being on the verge of a financial breakdown, saying the company

Circle Taps New York Community Bank as its Latest Custodian for USDC Reserves

Circle Taps New York Community Bank as its Latest Custodian for USDC Reserves

Jul 3, 2022 22:22 Jay Zhuang

The newly announced partnership marks the first time a community bank acting as custody for a stablecoin's reserves.

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