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Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine
6.1.2023
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed...
FTX customers want more info on FTX's plans to sell subsidiaries
6.1.2023
While the Ad Hoc Committee does not want to prevent the sales from occurring, it argued it needs to be involved to ensure that customers' interests are represented
SEC files objection to Binance.US’s plans to acquire Voyager Digital
5.1.2023
The SEC wants to see more information included in the $1.022 billion deal between Binance’s U.S. arm and Voyager Digital before it agrees to the acquisition
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
4.1.2023
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting costs, as the crypto lender has been unable to make...
Valkyrie Reveals Intention to Sponsor Grayscale’s Bitcoin Trust as GBTC Discount to NAV Widens
1.1.2023
Valkyrie Investments, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale’s Bitcoin Trust (GBTC). The company states that it is “uniquely qualified” for the role and plans to facilitate redemptions at net asset value (NAV) through...
Central Bank of Turkey Reports First Payment Transactions on Digital Lira Network
31.12.2022
The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the test network of the digital lira. The monetary authority intends to proceed with more testing in 2023 and plans to invite banks and fintech companies to join the trials. Turkey to Widen...
CFIUS Plans to Review Any Deals Made By Bankrupt Crypto Lender Voyager
30.12.2022
The review could impact the completion, timing and terms of any such deals, CFIUS said
China plans to launch a regulated NFT marketplace
29.12.2022
China has announced its plans to launch the first regulated NFT marketplace in the country. The tentative date for the marketplace launch is January 01, 2023. It will allow users to trade digital items and copyrights related to them. Experts in the country have welcomed the move with a hint that...
FTX Co-Founder Faces ‘No-Nonsense’ Judge Next Week, Report Says SBF ‘Expected to Enter a Plea’ in Fraud Case
28.12.2022
According to court documents, Sam Bankman-Fried (SBF) is set to be arraigned by the federal court in the Southern District of New York (SDNY) on Jan. 3, 2023. The disgraced FTX co-founder plans to enter a plea in his fraud case in front of U.S. judge Lewis Kaplan in Manhattan, according to a report...
Fidelity plans NFT marketplace: Nifty Newsletter, Dec. 21–27
28.12.2022
Investment firm Fidelity recently filed trademarks that showed its intentions to enter the NFT and metaverse space
Fidelity plans NFT marketplace: Nifty Newsletter, Dec. 21–27
28.12.2022
Investment firm Fidelity recently filed trademarks that showed its intentions to enter the NFT and metaverse space
Japan Plans to Allow Local Listing of 'Foreign' Stablecoins: Nikkei
27.12.2022
The Financial Services Agency is seeking feedback on new stablecoin regulations set to take effect in 2023
Here's how Defrost Finance plans to refund users following $12M hack
27.12.2022
The Defrost team will conduct a scan of on-chain data to find out who owned what prior to the attack
Fidelity plans NFT marketplace and financial services in the Metaverse
27.12.2022
Newly filed trademark applications outline a long list of possible avenues for the firm in the Metaverse
Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt
21.12.2022
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000 creditors and its estimated assets are worth between...
Bank of Russia to Test International Crypto Payments With Companies
21.12.2022
The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of its top management has revealed. The testing will be conducted under a special legal regime that’s currently under development. Russia’s Central Bank to Explore Crypto...
Busan city drops global crypto exchanges from its digital exchange plans
20.12.2022
FTX was one of the key exchange partners for Busan city, but its recent collapse made the administration reconsider its plans of onboarding third-party crypto exchanges
Visa dreams up plans so you can auto-pay bills with your crypto wallet
20.12.2022
Auto-payments for bills are commonplace in the traditional banking world and Visa has proposed a way to mimic the service using blockchain tech
Binance US Plans to Acquire Voyager Digital’s Assets for $1 Billion in Bankruptcy Bid
19.12.2022
According to a Binance blog post, Binance US has entered an agreement with Voyager Digital Ltd., in order to acquire its assets. The announcement details that the acquisition “sets a clear path forward for Voyager customers’ funds to be unlocked as soon as possible.” Binance Reveals U.S. Subsidiary...
Marvel Snap Has A Whole Ton Of Plans For 2023
19.12.2022
Marvel Snap may only be two months old, but it has started with a bang. The card-based battler from the mind behind Hearthstone has very quickly become part of the zeitgeist, gathered and enormous army of players, and with it, all the feedback in the universe. In response to all this, developer...