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Genesis and DCG seek path for the recovery of assets amid liquidity issues
21.12.2022
According to the co-founder of Gemini, Cameron Winklevoss, Houlihan Lokey is working on behalf of the Creditor Committee to resolve the liquidity issues at Genesis
Spain Will Provide 8 Million Euros in Grants to Develop Video Game and Metaverse Experiences
21.12.2022
The Ministry of Culture and Sports of Spain has decided to direct 8 million euros ($8.5 million) toward the development of video games and narrative metaverse experiences. The program, part of the Spanish “Recovery, Transformation, and Resilience Plan” will give grants directed...
Ghanaian Cedi Appreciates by More Than 30% in 4 Days — Currency Recovery Follows IMF Loan Announcement
18.12.2022
Just a few months after it became the world’s worst-performing currency, the Ghanaian cedi’s exchange rate versus the U.S. dollar bounced back from just over 14 units per dollar on Dec. 1, to 8 units for every dollar by Dec. 16, new data has shown. The currency’s resurgence...
Crypto Exchange Zipmex to Seek Creditor Support for Recovery Process: Source
16.12.2022
The goal is to fully reactivate customer withdrawals once creditors have approved the plan in a vote
Coinbase launches new asset recovery tool for ERC-20 tokens
16.12.2022
Coinbase takes the lead in the industry by becoming the first-ever crypto company to begin rolling out a new tool that helps users to recover up to 4,000 unsupported ERC-20 tokens. The move is indeed helpful, as tokens are often sent by mistake. It is difficult to recover those tokens due to their...
Coinbase Introduces Recovery Tool for Lost ERC-20 Tokens: Report
15.12.2022
Users will be able to recover more than 4,000 as-yet unsupported Ethereum-based tokens starting in a few weeks, according to TechCrunch
After Bitcoin & Ethereum Price Recovery New Crypto Coins Set to Pump?
9.12.2022
The Bitcoin price is up over 2% and the ETH price nearly double that - is it time to buy new cryptocurrencies for altcoin season?
The crypto markets still have to contend with PPI data later today then CPI and FOMC next week, but at press time Bitcoin has closed four hour candles just over the...
Ethereum initiates recovery, but sellers still await profit booking
6.12.2022
Despite maintaining a dominant stance in a smart contract and supporting the decentralized application, Ethereum has gained several competitors eyeing for better market position. The latest market value of $154 billion remains a mountain to be breached by low-value projects. Crypto projects...
How to Save Assets After a Metamask Wallet Crash – KeychainX Expert Explains
6.12.2022
What if a Metamask wallet has crashed or become corrupted, and a user is afraid of losing all of their digital assets? To ensure that a lost crypto wallet is recovered successfully, users should read the advice of wallet recovery experts from KeychainX, the trusted service provider that specializes...
Bitcoin price recovery possible after record realized losses and leverage flush out create a healthier market
5.12.2022
On-chain analysis highlights a slow down in selling and improving investor sentiment which could help BTC price recover
First Mover Americas: Binance Increases Recovery Fund, wBTC Loses Its Peg
25.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 25, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown
25.11.2022
Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery fund. Crypto Industry Recovery Initiative Launched...
Binance welcomes Web3 leaders to lead Web3 industry recovery
25.11.2022
The major cryptocurrency exchange, Binance, recently announced a collaboration with Web3 leaders. The integration will place them at the helm of Web3 IRI (Industry Recovery Initiative). IRI will create co-investment opportunities for companies trying to build and support Web3. To help users...
Binance Allocates Another $1B for Its Crypto Recovery Fund
25.11.2022
Other prominent crypto players, including Aptos Labs and Jump Crypto, have also joined Binance's initiative
Binance says its Industry Recovery Initiative has 7 enrollees, 150 applicants
24.11.2022
The initiative was announced Nov. 24 by CEO Chengpang Zhao (CZ) as an effort to “protecting consumers and rebuilding the industry.”
Jump Crypto, Aptos Labs Commit to Binance-Led $1B Recovery Fund
24.11.2022
Several prominent crypto companies including Aptos Labs and Jump Crypto will contribute $50 million to the planned $1 billion Industry Recovery Initiative (IRI)
Binance aims to allocate $1 billion for crypto recovery fund
24.11.2022
Binance CEO Changpeng Zhao is aiming to stockpile $1 billion for an industry recovery fund
Binance Targets $1B Recovery Fund for Distressed Crypto Assets: Bloomberg
24.11.2022
The Binance fund will be open to contributions from other industry players
Bitcoin regains the $16k mark: Will BTC continue the recovery?
23.11.2022
Bitcoin is a leading cryptocurrency that runs on a Proof of Work consensus. After the FTX liquidity crisis, investors started questioning the sustainability of decentralized crypto networks, especially small and mid-caps, because it is not regulated by any central authority. Loss of value means...
Steps to Crypto Recovery: Where ‘We’ Go From Here
22.11.2022
The FTX is a wake-up call for everyone in the industry. And, no, regulation isn't going to save us next time, any more than it would have this time