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Beleaguered Gemini Earn Customers Will Be Made ‘Nearly Whole,’ DCG and Genesis Say About Remuneration Plan
13.9.2023
A filing on Tuesday states that if the assorted creditor groups vote through the proposed deal, then “Gemini Earn users are estimated to recover approximately 95-110% of their claims.”
How senators plan on regulating AI: Law Decoded, Sept. 4–11
11.9.2023
Senators Richard Blumenthal and Josh Hawley's framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions
Coinbase Seeks Expansion in Markets With Clear Crypto Rules Unlike US
9.9.2023
America’s leading cryptocurrency exchange, Coinbase, plans to expand its business in jurisdictions that are adopting clear regulations for the sector. These include markets in Europe, Asia and the Americas as opposed to the United States which, the company says, is enforcing existing rules and...
Coinbase Targets Regulatory Clarity in International Expansion Plan
8.9.2023
Coinbase is looking at "markets that are enacting clear rules" for the crypto industry, with the European Union, U.K., Canada, Brazil, Singapore and Australia its near-term priorities
Nintendo’s Genius Plan To Sell More Switches Depends On Kids Fighting
6.9.2023
The Nintendo Switch has sold an unprecedented 125 million units so far, putting it right behind the Nintendo DS (154 million) and Sony’s PlayStation 2 (over 155 million) on a list of best-selling consoles of all-time. Could the handheld hybrid surpass them and become the best-selling gaming device...
Nintendo’s Genius Plan To Sell More Switches Depends On Kids Fighting
6.9.2023
The Nintendo Switch has sold an unprecedented 125 million units so far, putting it right behind the Nintendo DS (154 million) and Sony’s PlayStation 2 (over 155 million) on a list of best-selling consoles of all-time. Could the handheld hybrid surpass them and become the best-selling gaming device...
Kentucky regulator denies plan for subsidizing crypto mining facility
1.9.2023
A proposed contact with the Kentucky Power Company would have allowed Ebon International to receive a discounted rate for service at its crypto mining facility over a decade
Binance pushes new stablecoin as it confirms plan to cease BUSD support
31.8.2023
Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time
Gemini Opposes Genesis Bankruptcy Plan: 'Woefully Light on Specifics'
30.8.2023
Attorneys for crypto exchange Gemini argued that a proposed resolution for Genesis' bankruptcy doesn't have enough detail or provide any assurances for some if its largest debtors in a new filing Wednesday
Controversial Digital Euro Plan to Be Led by Architect of Landmark MiCA Crypto Law
30.8.2023
The center-right lawmaker previously negotiated the landmark MiCA crypto law for the European Parliament
PEPE Token Heist: Former Team Members Swipe $15 Million in Tokens, Lead Developer Vows to Rebuild and Decentralize
27.8.2023
Approximately 16 trillion PEPE tokens worth $15 million were illicitly transferred to crypto exchanges and sold, according to an announcement from the meme coin’s anonymous lead developer. The theft was allegedly orchestrated by three former team members who accessed the token’s...
Brazil Proposes Plan to Settle Bilateral Trade With Argentina in Chinese Yuan
26.8.2023
The government of Brazil has formally presented a proposal to Argentina to settle bilateral trade transactions in the Chinese yuan. The proposal, which would leverage resources in the Chinese credit swap line, aims to maintain trade between the countries and secure the payment of Brazilian...
Dropbox ditches unlimited storage offering, blaming crypto cloud miners
25.8.2023
The storage platform turned to metered storage after discovering its Advanced plan was being used by some for crypto mining and other resource-intensive tasks
Central African Republic Plan To Tokenize Land And Natural Resources
24.8.2023
The Central African Republic has rolled out plans to tokenize its land and natural assets as the country seeks more adoption around its blockchain projects.
According to the announcement on X (Twitter), the country will expand the utility of its Sango blockchain project to include citizenship...
Cypher announces recovery plan, says it will 'socialize' losses in initial stage
23.8.2023
Cypher announced that losses from the exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches
Dollarization Can Lead to ‘Economic Contraction and Collapse’ of Argentine Economy — Former US Treasury Official
20.8.2023
The U.S. chairperson of the Official Monetary and Financial Institutions Forum (OMFIF) has characterized the Argentinian presidential hopeful’s plan to fully dollarize the economy as “a far too risky gamble.” Mark Sobel said full dollarization without an exit policy “could...
Ethereum Gears Up for ‘Holesky’ Testnet Launch With 1.6 Billion Testnet Ether
19.8.2023
Ethereum developers plan to roll out a new testnet named Holesky, intending to bring 1.6 billion Holesky testnet ether to the network. The core devs of Ethereum highlighted that 1.4 million validators were evaluated for Holesky, with the aim of enhancing the blockchain’s comprehensive...
Celsius Sends Bankruptcy Restructuring Plan To Creditors Vote After Court’s Approval
18.8.2023
Bankrupt crypto lender Celsius is set to hold a vote on a plan to sell its asset to Fahrenheit Group following the approval by a judge as the proceeding winds down.
Celsius will send its creditors ballots to vote on the proposal between Aug 24 and Sept 22 and if approved, creditors could receive...
Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval
18.8.2023
Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings
Blockchain Startup Nova Labs Introduces Affordable $5 Phone Plan – Crypto Adoption on the Rise?
16.8.2023
Blockchain startup Nova Labs has announced the launch of a new phone plan that offers users unlimited text, talk, and data at just $5 per month.
In a Tuesday press release, Nova Labs said that the plan will initially be available only to residents of Miami or those who have received an invitation...