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Bitgo Launches Storage and Tracking Solution for Bitcoin-Based Ordinal Inscriptions
31.3.2023
On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own inscriptions onto the Bitcoin blockchain....
Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors
30.3.2023
Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover...
FTX lawyers, creditors slam SBF's petition to get legal fees reimbursed
30.3.2023
The creditor's committee and FTX lawyers have raised several arguments in objecting to Bankman Fried’s request. A hearing date is set for April 12
Bitcoin Miners' Revenue From Fees Rises Suggesting the Onset of Major Bull Run
23.3.2023
The two-year Z-score for miner revenue from fees has turned positive after a long time, signaling new waves of adoption. Historically, that has marked beginnings of major bull runs
Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin
23.3.2023
Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair
Chinese Employees Pay Social Insurance Fees, Taxes with Digital Yuan – Is CBDC Adoption on the Rise?
22.3.2023
A growing number of Chinese employees and firms can now use the nation’s Central Bank Digital Currency (CBDC) – the digital yuan – to pay their social insurance premiums and taxes.
Per reports from the Chinese media outlets JS China and NH News, citizens in Lianyungang and other cities in...
Celsius lawyer and advisor fees on track to reach $144M, community responds
21.3.2023
Software developer Cam Crews compiled data showing almost $102 million being filed with the courts and $42 million estimated to be filed eventually
Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees
19.3.2023
According to statistics, there are now more than 500,000 Ordinal inscriptions on the Bitcoin blockchain as the trend continues to gain significant traction. Onchain data also shows that since inscriptions started gaining popularity last month, Bitcoin miners have obtained 98 bitcoins worth $2.66...
SBF legal fees, BTC market cap flips Meta and USDC climbs back to $1: Hodler’s Digest, March 12-18
18.3.2023
Sam Bankman-Fried seeks to use FTX’s corporate insurance, Bitcoin outperforming Wall Street banks in 2023 and USDC repegs after turbulent days
Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees
15.3.2023
FTX's legal counsel requested insurers to advance or reimburse Bankman-Fried's defense costs and fees under the company's directors and officers (D&O) insurance
Lawyers picnic: FTX counsel and advisors rake in $34M in January
8.3.2023
Millions have been invoiced from a host of law firms, investment bankers, consultants and financial advisers in FTX’s bankruptcy case
Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders
7.3.2023
FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that “Grayscale has extracted over $1.3 billion...
Alameda Sues Grayscale and DCG to Allow Redemptions, Reduce Fees
6.3.2023
The bankrupt trading firm is seeking injunctive relief to allow FTX debtors to realize what it claims is more than $250 million in asset value
Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty
5.3.2023
Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set...
Crypto Wallet Giddy Lets Polygon Users Pay Gas Fees in USDC
2.3.2023
Wallet startup Giddy has a new "autogas" feature for easy onboarding into Polygon
Xapo Bank enables faster Bitcoin payments with Lightning Network
2.3.2023
Xapo Bank members will now be able to instantly pay for small purchases of up to $100 at any vendor accepting Lightning payments
DeFi Protocol StaFi Nearly Halves Commission Fees for Staking
1.3.2023
StaFi will now charge a 10% fee on its Liquid staking derivatives products, down from 19%
Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions
28.2.2023
The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided...
Vitalik Buterin says 'more still needs to be done' over high Ethereum txn fees
28.2.2023
"Good user experience is not about the average case, it is about the worst case," wrote the Ethereum co-founder
Btcpay Introduces New Coinjoin Plugin for Enhanced Bitcoin Privacy for Merchants
28.2.2023
On Monday, Wasabi Wallet and the open-source bitcoin payment processor Btcpay announced a new plugin for the Btcpay server. The plugin implements Wasabi’s Wabisabi coinjoin coordination protocol, allowing merchants to benefit from privacy enhancement. By activating the newly launched plugin...