Celsius Is Hoping for a Bull Market to Repay Customers
During a late Monday bankruptcy hearing, Celsius lawyer Patrick Nash told the judge that all is not lost, as the firm is aims for a reorganization rather than a liquidation....
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Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm
On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the…
Former Ripple CTO Jed McCaleb Sells Remaining XRP
Former Ripple CTO Jed McCaleb has sold the last of his XRP holdings, according to a statement from the company today. McCaleb Empties XRP Wallet Ripple said in a blog...
Tony Hawk Partners With the Sandbox to Open a Skate Park in the Metaverse
Tony Hawk, one of the most popular skateboarders in the world, is planning to build a skateboard park in the metaverse. The initiative, which will be completed in partnership with…
Celsius Unveils Recovery Plans in Bankruptcy Hearing
Celsius Network detailed new recovery plans today during its bankruptcy hearing and in a related court document. Celsius Has Plans for Recovery Celsius representatives appeared in court today for the...
Liquidators Claim “Radio Silence” from 3AC’s Su and Davies
Liquidators are criticizing Three Arrows Capitals lack of communication and fear the hedge funds directors may be planning to liquidate their assets to put them beyond the reach of their...
Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets
During the 12 months, public companies, private companies, exchange-traded funds, and even countries have added bitcoin to their balance sheets. As of July 17, 2022, the aforementioned types of entities…
Yuga Labs Drops Otherside Litepaper — Document Covers the ‘Foundational Principles’ of the Metaverse Platform
Following the introduction of the Otherside metaverse and the apecoin (APE) launch, Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), published the Otherside’s litepaper.…
Report: Equitiesfirst Named as Mystery Debtor to Celsius, $439 Million Owed to Crypto Lender
Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in…
Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia Finds
A majority of the financial pyramids identified in 2022 used cryptocurrencies in one way or another, Russia’s central bank announced in a new report. Amid Western sanctions, Russian scams have…
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