The Celsius Network’s bankruptcy filing in the U.S.Court remains a controversial issue in the global cryptocurrency industry as It’s been more than 5 months since its initiation. Now the crypto lender obtained court sanctions to reward bonuses worth up to $2.8 million to their employees in an attempt to prevent
The UK Treasury is reportedly finalizing a framework for the regulation of the cryptocurrency industry. According to The Financial Times, the country’s financial authorities are currently putting the finishing touches on the significant crypto regulation. This includes prohibitions on international businesses selling to the UK, strategies for dealing with business
Jim Cramer, head of CNBC’s Mad Money, cautioned investors that they still had time to liquidate their cryptocurrency holdings. Cramer warned investors to liquidate their cryptocurrency holdings before it’s too late since he anticipates a market collapse in 2023. He continued by saying that it’s never too late to sell
As the entire crypto industry is facing a hectic crisis, crypto adoption in Brazil is booming tremendously. In the past few months, the global crypto market crashed affecting millions of thousands of investors in the community. Surprisingly over 40,000 Brazilian companies are in the record of Federal Revenue Service for
Philcoin has been recently listed on Bitmart, a leading crypto exchange with daily volumes of around $335 Million. Earlier, Philcoin got listed on PancakeSwap, Indacoin, and MEXC. The listing will help Philcoin reach hundreds of countries where 9 million users in over 180 countries can directly buy the cryptocurrency through
DAM Finance, also known as DAM, has evolved in its attempts to create a decentralized omnichain stablecoin solution to safely address the liquidity issues that the larger decentralized finance (DeFi) ecosystem is now experiencing. Also, the DAM Finance team has launched the Moonwalkers v1 testnet as part of ongoing initiatives.
Billionaire Mike Novogratz, one of the cryptocurrency advocates, is now included in the catastrophic collapse scenario. Novogratz pulled off his previous prediction that Bitcoin (BTC) will reach $500,000 in five years, blaming the Federal Reserve interest rate hike. The Galaxy Digitals CEO stated that Bitcoin will reach the $500K level,
The notorious founder of the bankruptcy cryptocurrency exchange FTX, Sam Bankman-Fried, denied committing fraud while admitting significant managerial faults. At the same time, SBF claimed that he was unaware of any wrong transactions that includes funds from FTX and his trading company Alameda Research. Mystery surrounds the disappeared billions, which
SuperOne, a pioneering blockchain gaming company building the world’s first gamified social network, has partnered with Footballco, the biggest media company in the world, to raise awareness and promote SuperOne and with FIFPRO, the global football players union, to license the game content, as well as facilitate value creation for
Pavel Durov, the founder of the messaging app Telegram, revealed on November 30 through his Telegram channel that they are all set to build a collection of crypto tools. It includes non-custodial wallets and decentralized exchanges (DEX). Telegram's next step is to build a set of decentralized tools, including non-custodial
