Crypto news

About four months after commencing voluntary Chapter 11 bankruptcy proceedings, crypto lender Celsius Network is yet to execute the much-talked-about restructuring plan.  The troubled lender has now filed a motion requesting the court’s approval to extend the deadline for the submission of its reorganization plan. Celsius Files for Extension of Exclusivity Period Celsius announced the filing on Thursday via Twitter, stating that the work is complex and requires rigorous...

Two 20-year-olds – Eric Meiggs of Brockton and Declan Harrington of Rockport – have pleaded guilty to engaging in a scheme that stole at least $500,000 in crypto funds from as many as ten different people. They are now set to be sentenced in a Boston federal court. Eric Meiggs and Declan Harrington Plead Guilty Both Meiggs and Harrington were charged in the year 2019 for running a scheme throughout the United States designed to pluck crypto assets from online accounts...

Changpeng Zhao (CZ), CEO of the world’s largest cryptocurrency exchange Binance, has expressed his belief in the ability of the crypto market to heal itself once the full impact of FTX’s implosion is felt. Speaking at a conference in Indonesia, CZ said that more companies would be affected by FTX’s downfall, considering how big the crypto exchange was.  “With FTX going down, we will see cascading effects. Especially for those close to the FTX ecosystem, they will be...

Primer – a global payments platform – has partnered with Coinbase, one of the largest and most popular digital currency exchanges in the world, to allow company clients to accept digital currencies as methods of payment when customers check out. Primer and Coinbase… The Perfect Match? The enablement occurs through Coinbase Commerce, the merchant side of the digital currency platform. Roy Zhang – group product manager of Coinbase Commerce – explained in a recent...

Elon Musk recently said that he had a conversation with Sam Bankman-Fried before the Twitter deal. He also shared some predictions going forward. The world’s richest man recently joined a discussion on Twitter with over 60,000 listeners to talk about the FTX hack and bankruptcy. Musk revealed that he had a conversation with the exchange’s former CEO – Sam Bankman-Fried and that his opinion of him wasn’t the best. … I got a ton of people telling he’s got huge amounts of money...

The past couple of days have been a complete rollercoaster in the cryptocurrency field, and there are no signs of slowing down. Just yesterday, FTX officially filed for voluntary Chapter 11 Bankruptcy proceedings in the US, sending the markets into another meltdown. Bitcoin Plunges Toward $16K Bitcoin’s price can’t catch a break. After attempting a recovery following positive CPI numbers Thursday, the cryptocurrency experienced another meltdown on Friday. BTC plunged from...

The problems with FTX don’t seem to stop. After failing to honor customer withdrawals, revealing a multi-billion hole in its balance sheet, and ultimately declaring bankruptcy, the exchange is suffering another major exploit. Millions of dollars seem to have been drained from FTX addresses. Upwards of $400 million in crypto left the exchange wallets late Friday night with little to no explanations as to why that happened. The company’s General Counsel, Ryne Miller, took to...

Unvorstellbare 44 Milliarden Dollar war dem Space X- und Tesla-Chef Elon Musk die Übernahme des Nachrichtendienstes Twitter wert, dem nun große Veränderungen bevorstehen: Neben einer grundsätzlich neuen Policy der Meinungsfreiheit will der neue CEO auch grosse Pläne zur Monetarisierung, Ökonomisierung und Erweiterung des finanziell instabilen Unternehmens in die Tat umsetzen. So umstritten manche dieser Pläne sein mögen, stellen sie doch eines unter Beweis: Das gewaltige Wachstumspotenzial...

Impressionen Technology Fast 50 Award (2) (c) Deloitte Die croit GmbH ist am gestrigen Abend, dem 10. November 2022, mit dem Deloitte Technology Fast 50 Award ausgezeichnet worden. Mit dem Award prämiert die Beratungs- und Prüfungsgesellschaft Deloitte jedes Jahr die 50 am schnellsten wachsenden Unternehmen der Tech-Branche, basierend auf ihrem prozentualen Umsatzwachstum der vergangenen vier Geschäftsjahre. Das erfolgreiche deutsche Unternehmen...

Jeder, der das Spielen in Online Casinos liebt, ist garantiert schon über das eine oder andere Crypto Casino gestolpert. Gerade mit der wachsenden Beliebtheit der Kryptowährungen haben auch Bitcoin Casinos immer mehr zugenommen. So sind inzwischen auch Crypto Casinos in der Schweiz am Online Gaming Markt prominent vertreten. Um bei den verschiedenen Crypto Casinos das passende Casino zu finden, sollten Sie bei der Auswahl ein paar Punkte beachten. Denn auch hier ist Sicherheit und Seriosität...