Crypto news

[PRESS RELEASE – Berlin, March 3 – 2023] The Fold12 project has just announced the release of its Bitcoin blockchain NFT collection, which runs on the Ordinals protocol; meanwhile, Yuga Labs, the company behind the Bored Ape Yacht Club, after being caught stealing their logo, BAYC decided to borrow the idea of an existing NFT collection from the fold12 project. Fold12 launched its first auction on the Bitcoin blockchain and via the Ordinals protocol this week: the...

Does a cryptocurrency fall into the haram or halal category? This is a question many Islamic followers have been trying to figure out as they’re intrigued by crypto, yet they’re worried if it will somehow go against their religious beliefs. Which Assets are Halal? In regions such as Saudi Arabia, cryptocurrency is constantly undergoing tests to see if it is Sharia compliant. Many believe it to be no different than gambling, which goes against Islamic law. There are also...

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The bankrupt cryptocurrency lending firm Celsius announced the reopening of Distributable Assets in certain Custody Accounts. Following the update, some customers took to social media to reveal being able to withdraw funds for the first time since the lender halted its services last June. The development comes a month after the United States Bankruptcy Court for the Southern District of New York authorized Celsius to reopen withdrawals for certain customers with assets held...

Michael Saylor – the former CEO of MicroStrategy – is confident that despite all that’s happened over the past year or so, bitcoin is still a major safe haven for traders and investors. Michael Saylor Still Believes in BTC It’s interesting to see Saylor remain such a bull when it comes to bitcoin given how disastrous some of his BTC bets have been over the past several years. First beginning his bitcoin investments in late 2020, Saylor has continued to add the digital...

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U.S. Bankruptcy Judge Michael Wiles made the comments at a court hearing in New York on March 2. The Voyager Digital restructuring plan would involve the sale of just over $1 billion worth of its assets to Binance.US. However, the SEC has opposed the deal claiming that it violates securities laws. When questioned about the reasoning behind the opposition, SEC attorney William Uptegrove failed to provide a definite answer, according to Reuters. In its typical vague approach,...

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