
Celsius Proposes Bankruptcy Crypto Token Issuance as Part of Restructuring Plans
Embattled crypto lender Celsius plans to use a new bankruptcy digital currency token to pay off its creditors.
Embattled crypto lender Celsius plans to use a new bankruptcy digital currency token to pay off its creditors.
With over $159 billion quarterly crypto traded volume from more than 108 million verified users, Coinbase has attracted more institutional investors during the 2022 bear market.
The expert will work on delivering the strategic goals of the UK Treasury within its CBDC ambitions, lead the expanding CBDC team, analyze CBDC policy issues, as well as represent and advance the Treasury’s interests in international engagement on CBDC.
After a strong community backlash over very high minting prices and lack of communication, Porsche decided to backpedal its NFT plans.
The firm has now raised more than $105 million in total.
Hackers used a privacy protocol called RAILGUN to try to conceal their transactions.
The successful launch of testnet means Ethereum is still on schedule to deliver the withdrawal features five to eight weeks from now.
Grayscale is now neck deep with the lawsuit and there are many assumptions from members of the public with respect to the potential bottlenecks that the lawsuit might present.
Gemini conducted the first round of layoffs back in June 2022. At that time, the exchange cut 10% of its workforce from around 1,100 employees. A few weeks later, Gemini reduced its staff by another 7%, citing “turbulent market conditions.”
Europol has steepened its grasp on troubled exchange Bitzlato with the seizure of substantial crypto assets.
However, the court has objected to the BlockFi request noting that every penny used to pay employees denies the creditors their right to be reimbursed.
While Bitcoin mining firms face major operational challenges they continue to add more rigs and make slimmer profits from their existing machinery.
Vitalik pointed out that there has been no viable stealth address solution thus far, even though it offers a more functional and comprehensive privacy solution when compared to the now-sanctioned crypto mixer Tornado Cash.
The Cardano outage is not a new occurrence for some of the majority of Layer-1 protocols.
The Binance Charity Scholar Program (BCSP) will also offer Web3 courses allowing students to upskill without having to overcome unnecessary financial barriers.