Creditors of Mt. Gox will now have an extra month to register. There has been a one-month extension given to creditors to submit claims after the notification that the deadline has been pushed back from March 10 to April 6. It’s been a month since the original distribution deadline was
March 9, 2023 2 mins read
Despite receiving an offer from asset management NovaWulf Digital Management, insolvent crypto lender Celsius Network said on Wednesday that it was in talks with another possible buyer and would continue to seek more offers. During a hearing in Manhattan’s bankruptcy court, attorney Chris Koenig stated that Celsius is open to
March 9, 2023 1 min read
On Wednesday, Coinbase introduced a new service. That it claims would make Web3 technology more accessible for businesses and individuals by streamlining digital wallets. Wallet as a Service is a suite of programming tools. That enables businesses to incorporate their branded digital wallets into their own applications. As stated, Coinbase’s
March 8, 2023 2 mins read
In a very contentious move, the creators of the “Open Exchange” (OPNX) have raised $25 million without publicly disclosing their contributors. In the meanwhile, defunct cryptocurrency exchange CoinFLEX has announced that a Seychelles court has authorized its reorganization arrangement. Thus, momentarily increasing the value of its token. Kyle Davies contacted
March 8, 2023 2 mins read
Several altcoins were offered as souvenirs to the co-founder of the world’s second-largest blockchain, Ethereum, but he has swapped them recently. The on-chain data portal Lookonchain reports that Vitalik Buterin has converted over $700,000 worth of various altcoins into ETH. He has already made a profit of 1.25 ETH from
March 7, 2023 1 min read
The most recent verdict in the US SEC vs. Ripple litigation may cause XRP prices to surge. On Monday, U.S. District Judge Anastasia Torres released her ruling on the parties’ petition to exclude expert evidence. The ruling from the court indicated that the parties’ application was granted in part and
March 7, 2023 1 min read
On Monday, authorities in Singapore announced that they had opened an investigation into Terraform Labs Pte, the firm co-founded by South Korean national Do Kwon. Terraform Labs is now operational in Singapore, with the number of active projects rising steadily. On March 6, Bloomberg reported that the Singapore Police had
March 6, 2023 2 mins read
According to reports, the tech giant Amazon will debut its NFT marketplace next month, with 15 NFT collections accessible right away. Word on the street is that the “Amazon Digital Marketplace” will officially go live on April 24. The service will initially be available to U.S. users only, but expansion
March 6, 2023 2 mins read
U.S. officials will provide former FTX founder Sam Bankman-Fried with a new phone and a laptop with enhanced security measures. As part of the new bail regulations, the mobile device must be a flip phone or “non-smartphone.” And internet access on the laptop must be restricted to just whitelisted sites.
March 4, 2023 2 mins read
Revolut, a London-based fintech startup that facilitates cryptocurrency trading, witnessed a 33% increase in revenue in 2022, according to the company’s chief financial officer. In spite of the bear market in cryptocurrencies last year and generally poor macroeconomic circumstances, it managed to achieve great outcomes. Revolut’s Chief Financial Officer Mikko
March 4, 2023 1 min read
