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Celsius's CEL Token May See 20 Cent Value in Recovery Process, Attorney Says
15.2.2023
An attorney for bankrupt crypto lender Celsius said the company might value its CEL token at 20 cents, down significantly from its current market value of 54 cents
Australian Crypto Exchange Digital Surge Set to Come Back Online After Stakeholders Sign Recovery Plan
15.2.2023
Australian cryptocurrency exchange Digital Surge is set to come back online after stakeholders signed the recovery plan on Wednesday
Celsius Seeks to Recover Millions From Mashinsky, Other Former Executives
15.2.2023
The former CEO should repay money he transferred in the run-up to the lender’s July bankruptcy, the document said
Report: Flutterwave CEO in Bid to Recover Millions Stuck in Kenya
14.2.2023
According to reports, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, recently visited Kenya where he sought to convince the country’s monetary authorities to grant the firm access to funds that have been blocked since July 2022. Agboola claimed that his firm...
Gemini to pump $100 million into Genesis for its bankruptcy recovery
7.2.2023
Earn users have seen a fall that no one expected. Their holdings are stuck with withdrawals halted by – now a bankrupt venture – Genesis. Gemini appears to be coming to the rescue of the Earn users by announcing its plan to pump $100 million into Genesis for bankruptcy recovery....
Former Bitcoin Dev Gavin Andresen Revises 2016 Blog Post, Calls Trust in Craig Wright a ‘Mistake’
6.2.2023
During the first week of Feb. 2023, the United Kingdom Court of Appeal overturned a High Court decision from March 2022 in the case of Craig Wright’s Tulip Trading Limited (TTL) vs. 16 cryptocurrency developers. The case will proceed to trial as Wright, who claims to be Satoshi Nakamoto...
Russia Expands Its Crypto Mining Capacity, Report Reveals
5.2.2023
The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from domestic customers have been identified as major...
Celsius Proposes Restructuring to Offer One-Time ‘Meaningful Recovery’ Payout for Most Creditors
24.1.2023
Lawyers for Celsius Network said Tuesday that the bankrupt crypto lender is planning to reinvent itself as a new, publicly traded “recovery corporation” in order to exit the bankruptcy process – something they said could happen in “months.”
Crypto Recovery Specialist Asset Reality Raises $4.91M to Hire Engineers, Expand Ops
24.1.2023
The irreversibility of cryptocurrency transactions presents a unique challenge for recovering stolen assets. The seed funding round was led by Framework Ventures and other investors
SEC Commissioner reminds 'the point of crypto' as market aims recovery
24.1.2023
SEC Commissioner Hester Peirce highlighted that despite a very bad year, there are lessons for the crypto industry to learn
All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision
21.1.2023
Equities, precious metals, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next Federal Open Market Committee (FOMC) meeting, which is 11 days away. On Friday, Federal Reserve governor Christopher Waller said that he favors...
Bitcoin due new 'big rally' as RSI copies 2018 bear market recovery
21.1.2023
There is plenty to be optimistic about when it comes to further BTC price gains, RSI analysis concludes
Fireblocks Enlists Crypto Insurance Firm Coincover for Third-Party Key Recovery Service
19.1.2023
Coincover said Fireblocks customers can rely on fixed processes and a standard service level agreement
Logan Paul unveils CryptoZoo recovery plan: Nifty Newsletter, Jan 11–17
18.1.2023
Professionals working within the NFT space spoke about the NFT gaming trends to watch out for in 2023
FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate
18.1.2023
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with...
Solana Price is Up 87% in a Month - Buy Before Recovery Takes the Price Past $30 Soon?
18.1.2023
The Solana price explosive move since late December has seen investors rush back to the project in the wake of the FTX implosion. Recovery began with a final dip to $8.05, riding on the momentum created by BONK, the first meme token on the Solana blockchain....
Read More: Solana Price is Up 87%...
Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to Launder Funds on Major Exchanges
16.1.2023
On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking syndicate Lazarus Group, moved 41,000 ethereum, worth $63.2 million at current exchange rates....
Logan Paul unveils $1.3M CryptoZoo recovery plan
14.1.2023
As part of the plan, Logan Paul stated that he will commit 1,000 ETH to repay disgruntled investors that want to make an exit via burning their CryptoZOO NFTs
Worldwide Grassroots Projects Can Lead Crypto Recovery
13.1.2023
Crypto is not hurting lower income and marginalized communities, but instead providing them with new tools - through innovative governance models and tokenomics - to regain control from historically oppressive financial systems
Breaking: FTX has recovered over $5B in cash and liquid crypto: Report
11.1.2023
Previous reports suggested that FTX saw losses peak at nearly $9 billion in total liabilities