Search
Ripple Labs and Hong Kong’s Fubon Bank Team to Offer Property Equity Access to Locals
31.10.2023
Ripple Labs is working on a pilot program with Hong Kong’s Fubon Bank to offer property equity access to residents. The developer of the XRP cryptocurrency revealed that the collaboration is a part of the e-HKD pilot project. Ripple and Fubon Bank were selected to demonstrate a use case...
OPNX Offers CoinFLEX Creditors 25% Equity and 1 Billion OX Tokens Over 10 Years
31.10.2023
Mark Lamb , a fellow CoinFLEX stakeholder and founder of OPNX, has extended an offer to CoinFLEX creditors that includes 25% equity in OPNX and the distribution of 1 billion OX tokens over a 10-year period. The proposal comes after the bankruptcy of CoinFLEX in 2022, which left many stakeholders...
Crypto Miner Marathon Digital Plans to Raise $750 Million Through Hybrid Equity Offering
27.10.2023
Crypto mining company Marathon Digital has unveiled plans to raise as much as $750 million through a hybrid equity offering. In a recent filing submitted to the US Securities and Exchange Commission, the company said it plans to use the funds generated from this sale to invest in state-of-the-art...
Ethereum Co-Founder, Consensys Sued By Early Employees Over Alleged Equity Promises
20.10.2023
More than two dozen early employees of the blockchain software company Consensys have filed a lawsuit against Ethereum co-founder Joseph Lubin, Consensys, and other parties. The plaintiffs allege Lubin broke contractual promises related to equity compensation made when the employees joined...
Former ConsenSys AG Employees Take Equity Court Case Against Founder Joseph Lubin to U.S.
20.10.2023
The 27 allege Lubin robbed them of equity in the Swiss company by transferring core assets to a U.S. entity
Former ConsenSys Employees Sue CEO Joseph Lubin Over Alleged Equity Dilution
20.10.2023
Former employees of ConsenSys have filed a lawsuit against the company's founder CEO, Joseph Lubin, alleging that he breached a "no-dilution promise" made in 2015.
The lawsuit filed in New York Supreme Court on October 19, claims that Lubin diluted the equity shares of former staff, contrary...
'He broke his word' — Ex-ConsenSys staff sue founder over employee equity deal
20.10.2023
ConsenSys founder Joseph Lubin has been named in a new lawsuit filed in New York by over two dozen former ConsenSys employees
Sam Bankman-Fried considered selling FTX equity to Saudi crown prince, says Caroline Ellison
11.10.2023
Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried's criminal trial, delving into potential investments prior to FTX's bankruptcy
Investment Manager Expects SEC to Approve All Bitcoin ETF Applications in 3-6 Months
7.10.2023
Steven Schoenfeld, former head of International Equity Product Strategy at Barclays Global Investors (now Blackrock), expects the U.S. Securities and Exchange Commission (SEC) to approve all spot bitcoin exchange-traded fund (ETF) applications in three to six months. He also anticipates that...
Crypto Investment Firm Deus X Capital Launches With $1B in Assets
2.10.2023
Deus X Capital, a family office backed investment firm, launched today with Tim Grant as CEO, the company said in a statement
Celsius Creditors Vote in Favor of Crypto Repayment and Equity Distribution Plan
26.9.2023
Creditors in the Celsius bankruptcy case have voted in favor of a comprehensive plan, paving the way for the return of funds and the equitable distribution of assets through the establishment of a new entity.
As per September 25th filing by the bankruptcy firm Stretto, the majority of creditor...
Crude Oil on the Rise: JPMorgan Predicts a Surge to $150 per Barrel Amidst Global ‘Energy Supercycle’
25.9.2023
Christyan Malek, the lead for EMEA energy equity research at JPMorgan, predicts that by 2026, crude oil prices could soar to $150 a barrel. Malek believes a looming energy supercycle could be the driving force pushing crude prices upward. Another significant factor, Malek points out, is...
NFT-Based Firm Remilia Corporation Sues Independent Contractors Accused of Siphoning $1 Million
14.9.2023
Remilia Corporation, a digital art and non-fungible token (NFT)-related business, has filed a lawsuit against three independent contractors whom it accuses of siphoning $1 million from the company. Founder Krishna Okhandiar denied claims the three had at any point “sought equity shares...
Unity Bosses Sold Stock Ahead Of Scummy Dev Fees Announcement
13.9.2023
Yesterday, the cross-platform game engine company Unity announced a controversial new Runtime Fee, which would charge developers per installation for games built with the Unity engine after those games reached a certain threshold. Everyone disliked that, and Unity’s stock prices took a pretty...
FTX Estate Controls $1.1B in Solana and $560M in Bitcoin Amid Bankruptcy Revelations
11.9.2023
The FTX estate, currently overseeing the bankruptcy and restructuring of the once-active crypto exchange, reveals holdings of $1.16 billion in solana (SOL) and $560 million in bitcoin (BTC). 16% of Solana’s Market Cap Is Held by FTX In a recent Monday court filing, a stakeholder update...
Bitcoin Dips Below $25K in a Tumultuous Crypto Market, While Traditional Equities Soar on Tesla’s Rise
11.9.2023
Bitcoin’s (BTC) value dipped under the $25K mark on Monday, a level unseen in 88 days, pushing the global cryptocurrency market cap perilously close to falling below the $1 trillion benchmark. Presently, BTC is hovering just above the $25K mark at 2:00 p.m. Eastern Time on Monday afternoon....
FTX Estate Sues Layerzero Labs for $85M Over Alleged Fraudulent Deals and Asset Withdrawals Amidst Collapse
11.9.2023
The bankrupt estate of cryptocurrency exchange FTX is suing blockchain company Layerzero Labs in an attempt to claw back a $45 million deal and over $40 million in withdrawals made in the days before FTX filed for bankruptcy. The lawsuit alleges that Layerzero exploited FTX’s financial...
Stellar acquires equity from MoneyGram; XLM & ROE shines bright with impressive gains
29.8.2023
The cryptocurrency landscape is known for its rapid developments and unexpected alliances, and one recent move has sent shockwaves through the industry. Stellar Development Foundation (SDF) has made headlines with its strategic decision to acquire equity from MoneyGram. As this partnership unfolds...
Iman Europe and The Agenda chat mental health, music, Web3 and The Homies DAO
23.8.2023
Musician and The Homies DAO founder Iman Europe sat down with The Agenda podcast to discuss how her Web3-based project promotes wellness among music workers
Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future
22.8.2023
In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while...