Bybit Becomes Latest Crypto Exchange to Suspend USD Bank Transfers – What’s Going On?

Bybit Becomes Latest Crypto Exchange to Suspend USD Bank Transfers – What’s Going On? Image Source: Capital.com Bybit, one of the largest cryptocurrency exchanges in the world, has announced the suspension of USD deposits via bank transfer due to “service outages from a partner.” “We have temporarily suspended USD deposits via Wire Transfer (including SWIFT) Continue Reading…

Investor Letter Shocker: Multicoin Capital’s Hedge Fund Reports 91.4% Loss in 2022 – Here’s What Happened

Investor Letter Shocker: Multicoin Capital’s Hedge Fund Reports 91.4% Loss in 2022 – Here’s What Happened Source: Multicoin Capital Digital asset investment firm Multicoin Capital lost as much as 91.4% in 2022 as investors rushed for the exits following the catastrophic collapse of FTX. According to a copy of the firm’s annual investor letter, the hedge Continue Reading…