Celsius Network LLC, a prominent cryptocurrency lending platform, has successfully emerged from bankruptcy, signaling a triumph for the company and its stakeholders. The completion of the confirmed plan of reorganization, approved by an overwhelming 98% of the Company’s account holders and confirmed by the Bankruptcy Court for the Southern District
Coinbase announced that former UK Chancellor George Osborne would join its board of advisors. Disputes with the U.S SEC and litigation against the cryptocurrency exchange have likely prompted the move. The action by Coinbase further shows that the company is attempting to sidestep U.S regulations as it expands into other
XRP slipped over 5% in the last few hours, violating multiple price floors as bears seized short-term control. The token also fought to hold above the psychologically important $0.51 mark. The breakdown revives downside risks, depending on whether or not crucial support bottles up selling pressure. After spiking briefly on
The Shibarium Layer-2 network has facilitated over 320 million total transactions while aiming to substantially lower Ethereum-imposed fees, limiting adoption. The mounting developer imprint comes as SHIB prices exhibit early signs of bottoming out following an 85% crash since 2022’s heights. The token has lifted 11% off recent swing lows
After briefly trailing behind Ethereum (ETH) and Tron (TRX), Solana (SOL) surpassed them in January to become the top blockchain for stablecoin transactions. Artemis data investigation shows that stablecoin transactions on the Solana blockchain reached a whopping $497 billion in January. In the last two months, there has been a
NFTFN, a decentralised perpetual exchange backed by industry leaders such as Sandeep Nailwal, Anshul Dhir, Ajeet Khurana, Sumit Ghosh, and others, has achieved the distinction of becoming the first company to join the flagship acceleration program of Pivot, a global Web 3.0 startup venture accelerator firm. This recognition highlights NFTFN’s
Indian Finance Minister Nirmala Sitharaman gears up to present the Union Budget on February 1, 2024. Whilst that, the Indian crypto community is holding its breath in anticipation of crucial developments that could shape the future of the burgeoning digital asset landscape in the country. In the wake of the
A prominent U.S.-based cryptocurrency exchange has successfully defended its users’ transaction data privacy amidst the ongoing XRP lawsuit involving Ripple Labs and plaintiff Vladi Zakinov. According to an on-chain investigator known as Mr. Huber, the U.S. court has sided with Kraken’s argument, dismissing the request for the direct transfer of
Ethereum, the second-largest cryptocurrency by market capitalization, showcased a notable recovery yesterday, breaking free from a two-week bearish trend. In the second week of January, ETH reached a 20-month high of $2,710 but dipped to $2,168 eight days ago. Despite the setback, ETH has experienced a 7% surge in the
Cardano (ADA), despite its promising start in 2024, has struggled to sustain the momentum that initially propelled it above the $0.6 price mark during the early days of January. ADA’s price chart on CoinGecko has displayed a rollercoaster ride characterised by significant and abrupt fluctuations that have kept investors on
