The bankruptcy court has approved Celsius Network’s plan to convert all assets held in cryptocurrencies into Bitcoin and Ethereum. Judge Martin Glenn of the Southern District of New York has rendered a fresh judgment in the platform’s bankruptcy proceedings. And the liquidations will soon allow for the release of payment
In anticipation of Base’s mainnet launch, Coinbase affirmed on Wednesday that its Ethereum Layer-2 network had been subjected to extensive security evaluations conducted by researchers. Reports indicate that Coinbase commissioned a six-month internal audit from its protocol security team to thoroughly test the security of Base, built on the OP
While the social crypto sector has only a 0.50% 24-hour change, it boasts an impressive market cap of $1.29 billion. Notably, the sector’s dominance currently stands at 0.11%, with a 24-hour volume of $140.41 million. However, the sector has seen a slight decrease of 3.88% over the past week. Mask
Cardano (ADA) is one of several leading cryptocurrencies whose value has recently plummeted due to the U.S. Securities and Exchange Commission’s (SEC) onslaught on Binance and Coinbase. Cardano’s creator, however, claims that the ADA ecosystem is expanding even if the market is volatile. Cardano’s creator Charles Hoskinson presented data that
DUBLIN–(BUSINESS WIRE)–The “Blockchain Market by Type, Platform, Organization, End User, and Geography – Global Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. The global blockchain market is projected to reach $403.36 billion by 2030, at a CAGR of 67.7% from 2023 to 2030. Blockchain is a shared, immutable
TOKEN2049, Asia’s premier Web3 and crypto conference, has announced its first batch of high-profile title sponsorsand headline speakers for its much-anticipated Singapore return. TOKEN2049 will take place from 13-14 September 2023 at Marina Bay Sands, ahead of the Formula 1 Singapore Grand Prix 2023 race weekend. TOKEN2049 is set to
Crossmint, a tool for NFT creators to accept credit card payments, has announced the launch of a new wallet-as-a-service product. It is an invisible wallet that will focus on NFTs. Moreover, with Crossmint’s latest offering, the future of NFT transactions is about to become more seamless and secure than ever
On June 26th, Robinhood Markets announced that they will be laying off around 7% of its full-time staff. This equates to around 150 people. This change is being implemented as the company attempts to combat declining client engagement. The organization stated: “We’re ensuring operational excellence in how we work together
While Ethereum remains the go-to layer 1 blockchain, the competition for Ethereum layer 2 solutions remains intensified. Here, we have projects like Polygon (MATIC), Arbitrum (ARB), and, of course, Optimism (OP). The Optimism price has surged by over 50% in the past few weeks due to a mix of positive
DeFi investment opportunities are looking a little more palatable today with the news that Soil, creator of a real-world asset-backed loan marketplace, has achieved full compliance with local regulators in its home base of Estonia. Soil is the creator of a unique debt marketplace where traditional companies can seek funding
