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Court Frees Genesis to Sell GBTC Shares Worth $1.3B to Compensate Clients


Genesis Global obtained bankruptcy court approval on Wednesday to sell its Grayscale Bitcoin Trust (GBTC) shares. The bankrupt crypto lender can now sell its 35m GBTC shares worth over $1.3b as part of efforts to reimburse customers. In a Feb. 14 hearing conducted via Zoom, Judge Sean Lane signed...

100x Meme Coin Sponge Launches V2 – Is $SPONGEV2 The Best Crypto to Buy Now?


Investors are scrambling to take a position in the freshest meme coin on the market – Sponge V2 ($SPONGEV2), the next incarnation of the legendary Sponge ($SPONGE) meme coin. Let’s take a trip down memory lane – Sponge V1 made its debut during the bear market of May 2023, launching as...

Tesla Recalls Millions Of Cars To Patch Mode That Could Kill You


Tesla is recalling and updating almost all of its two million electric cars sold in the United States to place additional limits on their included self-driving assistance mode, Autosteer. Investigations have shown Autosteer can be extremely dangerous, and it’s been blamed for multiple accidents...

‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says


Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according to Philip Lane who believes the bank has...

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