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Platypus to work on compensation plan after $8.5M attack
18.2.2023
According to the DeFi protocol, different parties are currently involved in the funds' recovery process, including legal enforcement officials
Compute North’s Reorganization Plan Approved by Bankruptcy Judge
16.2.2023
The hosting firm, one of North America’s largest, settled $250 million in secured debt and settled with about 11 companies
Crypto Lender Celsius to Be Acquired by Novawulf, Exiting Chapter 11
16.2.2023
Crypto lender Celsius’ committee of unsecured creditors has chosen the digital asset investment firm Novawulf Digital Management to sponsor the company’s reorganization plan, according to a statement published on Wednesday. The proposed agreement would enable Celsius to exit...
Judge Clears Celsius' Plan to Sell Bitmain Mining Coupons Worth Over $7M
16.2.2023
The crypto lender must sell the vouchers before they expire, to raise funds for the bankruptcy estate
Co-Founder of Privacy-Focused Gnosis Chain Proposes Plan to Reduce Ethereum Dependency for GNO Token
16.2.2023
Gnosis co-founder Martin Köppelmann flagged potential security issues in a proposal discussion on Gnosis’ governance forums
Republicans Plan to Reintroduce Legislation Restricting Crypto in 401(k): Politico
15.2.2023
The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said
Republicans Plan to Reintroduce Legislation to Prevent Crypto Restrictions in 401(k): Politico
15.2.2023
The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said
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 Debtors Release Sale Plan, Choose NovaWulf as Plan Sponsor
15.2.2023
Debtors of bankrupt crypto lender Celsius Network have chosen the NovaWulf sale plan for reorganization as it "provides the best method to distribute the Debtors’ liquid crypto assets and maximize the value of the Debtors’ illiquid assets."
Southeast Asia’s Largest Bank DBS Unveils Plan to Expand Crypto Services in Hong Kong
15.2.2023
DBS, the largest bank in Southeast Asia, has unveiled its plan to expand its crypto services in Hong Kong. “We are planning to apply for a license in Hong Kong so that the bank could sell digital assets to our Hong Kong customers,” said an executive of the bank. DBS Bank to Apply...
Genesis Unveils Proposed Sale Plan With DCG, Bankruptcy Creditors
10.2.2023
Parent company Digital Currency Group would turn its equity in Genesis Global Trading over to a holding company as part of an effort to sell both firms
Celsius‘ motion to extend timeline for restructuring plan faces objection from creditors
9.2.2023
“It is time to allow the Debtors’ customers to propose their own plan for the assets that they were defrauded into investing with Celsius,” said a Withhold account holders’ filing
Nigerian President Barred From Extending Old Naira Banknote Demonetization Deadline
9.2.2023
With just a few days left before the old naira banknotes are demonetized on Feb. 10 as scheduled, a court in Nigeria has blocked the country’s president, Muhammadu Buhari, and the central bank governor, Godwin Emefiele, from further extending the deadline. Opponents of the central...
Crypto mining firms Hut 8 and US Bitcoin plan merger
7.2.2023
The merger, which will create the company 'New Hut', is still subject to court and regulatory approval by U.S. and Canadian authorities
DCG Creditor Pact Revealed With Plan to Sell Genesis Trading Unit as Part of Bankruptcy
6.2.2023
Ethereum Plans ‘Shapella’ Transition on Zhejiang Testnet — Dev Insists ‘Withdrawals are Coming’
6.2.2023
Ethereum core developers plan to activate the “Shapella” transition through the Zhejiang public testnet on Feb. 7, 2023, according to Tim Beiko of the Ethereum Foundation. If successful, Beiko said the Sepolia testnet could follow two days later, followed by the Goerli testnet....
DeFi Lender Alchemix Approves ALCX Token Buyback Plan
6.2.2023
Alchemix will divert a third of its yield-farming revenue into a token buyback program for ALCX in an attempt to bolster its synthetic assets
JPMorgan: 72% of Institutional Traders Surveyed ‘Have No Plans to Trade Crypto’
6.2.2023
A new survey by JPMorgan Chase shows that 72% of institutional traders “have no plans to trade crypto” while 14% plan to trade cryptocurrencies within five years. Institutional traders also expect “recession risk” to have the biggest impact on markets in 2023....
Australia bolsters crypto watchdogs in ''multi-stage' plan to fight scams
3.2.2023
The new measures from the Australian government come as cryptocurrency scams skyrocketed 162% to $221 million in 2022
Bitcoin bulls plan to flip $23K to support by aiming to win this week’s $1B options expiry
1.2.2023
BTC bulls are positioned to win this week’s $1 billion options expiry, but the market's post-FOMC reaction could alter their plans