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BlockFi Administrator Submits Plan in Court to Make Customers Whole
23.7.2024
"This transaction marks a final chapter in the wind-down and is the best possible outcome for customers of BlockFi," said Mohsin Y. Meghji, Plan Administrator of BlockFi Inc
Swan Bitcoin delays IPO plan, announces shutdown of mining unit
22.7.2024
The CEO said that, without revenue from the mining arm, the company expected to halt its plans for a public offering and announced staff cuts
Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit
22.7.2024
IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive
20.7.2024
An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization initiative may inadvertently undermine efforts to contain inflation. The representative expressed concern that the prevailing economic conditions in Zambia are not conducive for the country to proceed...
Li.Fi releases incident report following $11M hack
18.7.2024
The team also announced it was working on a voluntary compensation plan to reimburse 100% of funds to users affected by the exploit
King Charles lays out Labour govt plan for UK, with crypto unmentioned
17.7.2024
During the State Opening of Parliament in May 2022, the UK government led by Conservatives introduced two bills concerning cryptocurrencies
FTX and CFTC agree to $12.7B settlement, subject to court approval
17.7.2024
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors
FTX and CFTC agree to $12.7B settlement, subject to court approval
17.7.2024
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors
Uganda Presents Purchase Plan to Return to the Gold Standard
16.7.2024
Uganda is aiming to return to the gold standard at some extent with a purchase proposal that seeks to amass more gold to back its fiat currency, the Ugandan shilling. The Central Bank of Uganda will purchase gold from artisanal miners to support their activities and reduce raw gold imports. Uganda...
MakerDAO's $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock's BUIDL, Ondo, Superstate
12.7.2024
MakerDAO's competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space
Riot Platforms Proposes Comprehensive Plan to Improve Bitfarms
9.7.2024
Riot Platforms Inc. (Nasdaq: RIOT) has proposed a comprehensive plan to improve Bitfarms Ltd. (Nasdaq: BITF) and has launched a website to detail this strategy. As part of its efforts to acquire Bitfarms, Riot has called for a special shareholders’ meeting to nominate three new directors:...
VanEck, 21Shares Solana ETF Plan Confirmed in Cboe Filing
8.7.2024
The Chicago Board Options Exchange (Cboe) has officially asked the SEC to let asset managers VanEck and 21Shares bring a Solana-based exchange-traded fund (ETF) to the market
Mt. Gox begins repayments in Bitcoin and Bitcoin Cash: Law Decoded
8.7.2024
The Mt. Gox rehabilitation plan, approved in 2021, moves forward with BTC and BCH repayments, and North Carolina’s CBDC ban was vetoed by the governor
Project 2025: A Plan to Reform the US Federal Reserve and End Its ‘Monetary Dysfunction’
7.7.2024
According to “Project 2025,” initiated by the conservative think tank the Heritage Foundation, there is a strategy aimed at implementing conservative policies effectively within the first 180 days of the next U.S. Presidential Administration. An integral part of this plan, aside from...
Analyst: Mt Gox Repayment Event Will Cause 4x the Selling Pressure for BCH Compared to BTC
6.7.2024
Peter Chung, an analyst of Presto Research, has examined the intensity of the selloff that ostensibly will be caused by the repayment of Mt Gox creditors, set to flood the market with close to 142,000 BTC between July and October. According to Chung, BCH will hurt the most with this selloff, given...
Mt Gox Initiates Bitcoin Repayments to Creditors
5.7.2024
The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox has moved significant bitcoin amounts ahead of its planned $9 billion repayment. Bitcoin’s price...
Mt. Gox begins repayments in Bitcoin and Bitcoin Cash
5.7.2024
The collapsed exchange has started debt repayments to creditors via select crypto exchanges, following the Rehabilitation Plan
Dogwifhat on Vegas Sphere team ‘90% confident’ plan will go ahead
4.7.2024
One of the organizers behind the crowdfunding initiative says discussions with the Las Vegas Sphere are progressing and is confident the plan will eventually go ahead
Nintendo Says It Has A Plan To Prevent Scalping: Just Make Loads Of Switch 2s
1.7.2024
A few years on, it’s oddly hard to remember how difficult it was to get hold of the most recent generation of games consoles. On their release in November 2020, both the PlayStation 5 and Xbox Series X were incredibly scarce, thanks to an imperfect storm of covid, global chip shortages, and supply...
Cash or crypto? FTX creditors to vote on how they're paid back
26.6.2024
FTX lawyers stressed that in-kind crypto payouts would clash with bankruptcy laws but several creditors feel shortchanged by the proposed cash repayments plan