Cryptosphere news for July 6
Crypto winter is in full swing. Many projects feel uncomfortable. Some are forced to declare bankruptcy, others introduce additional commissions. Read detailed cryptosphere news in the CoinShark review.
Voyager Digital has filed for bankruptcy. This happened just a few days after the withdrawal freeze. Chapter 11 bankruptcy provides for a company’s ability to remain in business through reorganization. Clients will receive a refund of their funds in the form of a mixture of Voyager tokens, crypto assets, shares of the newly formed company and profits that will be received after the reorganization.
Bitstamp is introducing a monthly inactivity fee starting August 1st. It will affect a number of inactive users with a balance of less than 200 euros, whose account has been inactive for more than a year. They will need to pay 10 euros per month. To avoid this, monthly account movement should be 25 euros.
CryptoCom’s CEO denies rumors of problems with the company. According to CEO Chris Marszalek, the exchange did not impose any withdrawal restrictions or run additional promotional programs for deposits.
Coinbase conducted a risk review of traditional markets and cryptocurrencies. It turned out that in 2022, digital assets have the same risk profile as commodities such as oil and gas, as well as technology and pharmaceutical stocks. Cesare Fracassi, Chief Economist of the Exchange, announced this in his blog.
WazirX and ZebPay reported an 83% drop in trader activity following the introduction of a tax on income from crypto assets in India. Of the 9.5 thousand respondents, 27% sold half of the cryptocurrencies before April 1, 24% plan to trade on international exchanges, and 29% simply reduced their activity.
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