Altcoins

Creditors of Three Arrows Capital now claim that they're owed more than $2.8 billion — and there are fears this figure could rise substantially in the weeks ahead.

There has been long-running debate as to whether some cryptocurrencies should actually be treated as securities.

CoinMarketCap Alexandria takes a deep dive into the Polygon ecosystem, one of the leading layer-2 ecosystems with over 19,000 DApps.

Also today, Minecraft releases tough new rules banning non-fungible tokens — and Elon Musk isn't the only one selling off Bitcoin.

"I think someone would have to be frankly insane to trust Celsius with their assets at this point," former compliance director Timothy Cradle says.

Celsius also confirmed that it had 300,000 active users with balances of more than $100 at the time it abruptly halted withdrawals.

Confirming the news, the embattled lender says it will "put forward a plan that restores activity across the platform, returns value to customers, and provides choices."

A look at on-chain metrics of some of the top layer-1 smart contract platforms — Ethereum, BNB Smart Chain and Solana.

Uniswap says phishing scams are a problem "far too common in crypto today" — and is urging its community to be careful.

"Strategic acquisitions, investments and product development" are in the pipeline — along with plans to secure the rights to popular intellectual properties.

The amount that affected customers receive back hinges upon Voyager Digital's success in recouping more than $650 million from Three Arrows Capital, which defaulted on loans.

The lawsuit accuses Celsius of leveraging deposits from customers to "manipulate cryptoasset markets" — and further putting funds at risk by failing to introduce "basic accounting controls."

CoinMarketCap data shows the value of Harmony's native token, ONE, has plunged 12% in 24 hours — meaning this altcoin has now fallen out of the top 100 cryptocurrencies by market cap.

The billionaire's posts may have been related to a recent lawsuit that sues him, as well as Tesla and SpaceX, for a whopping $258 billion.

Also today, why Crypto Twitter will be breathing a sigh of relief over Musk's plan to "verify all humans" on the social network.

Connor's joined by CoinMarketCap's head of research Alice Liu to discuss a wild week in crypto.

Although the world's richest man may be attempting to calm the nerves of Twitter employees, it's fair to say that these workers may still have a lot to be worried about.

A new lawsuit alleges Musk contributed to its downfall after calling the altcoin a "hustle" on Saturday Night Live — with this episode airing on the day of the all-time high.