Crypto news

Core Scientific, a provider of blockchain computing data centers and software solutions, announced that the United States Bankruptcy Court for the Southern District of Texas has confirmed the Chapter 11 plan of reorganization. With the Bankruptcy Court’s approval, Core Scientific is now set to emerge and re-list on the Nasdaq by the end of January 2024. Exiting Bankruptcy Under the terms of the plan, shareholders, as of the expected record date of January 23, 2024, will be...

The first round of oral arguments between Coinbase and U.S. regulators during their major legal war has come to a close. The result? No immediate rulings – but the judge overseeing the case found herself impressed with Coinbase’s understanding of the issues and technologies at hand. Coinbase VS SEC on Staking Judge Katherine Polk Failla began Wednesday’s hearing by crediting the “DeFi people” for filing a “really fine” amicus brief on behalf of Coinbase months ago, which...

Joseph Bankman and Barbara Fried were always close to their son. A certain amount of interest in the well-being of their son and that of his business dealings is to be expected. However, the FTX estate, now led by bankruptcy specialist CEO John J Ray III, argues that SBF’s parents – particularly his father – had a much bigger presence in the FTX Groups’ dealings than it appears on paper. If the allegations can be proven true, benefits derived from FTX and its former CEO could...

Mutual fund and ETF provider VanEck has announced plans to delist the VanEck Bitcoin (BTC) Strategy ETF from the Chicago Board Options Exchange (CBOE) after January 30. The fund – which trades under the ticker XBTF – is a Bitcoin futures ETF. That means it offers investors Bitcoin price exposure through investing in Bitcoin futures contracts. VanEck Gives Up Futures ETF Per the company’s Wednesday statement, VanEck’s Board of Trustees approved a decision to liquidate the...

An astonishing 49,866 Bitcoins, dormant for 5-7 years, were suddenly on the move on January 16th. At an average unit price of $6,672, these old BTC present an enticing opportunity for buyers, promising a potential profit surge of around 640% upon resale. Notably, this volume wasn’t transferred to any crypto exchanges, as per the latest findings by CryptoQuant. In fact, recent trends show whales discreetly engaging in transactions without leaving noticeable traces. While this...

[PRESS RELEASE – Los Angeles, California, January 17th, 2024] Key Takeaways Focus, the revolutionary new decentralized SocialFi app, raised $20 million in less than 24 hours Focus rivals subscription platforms like OnlyFans and Patreon, a multi-billion-dollar industry The Social Airdrop offers users the chance to earn upwards of $100,000 in $FOCUS tokens Focus is a brand new SocialFi app from DeSo, the team that raised $200M from Coinbase, Sequoia, a16z, Social Capital, and...

Even with significant capital flowing into the recently introduced spot Bitcoin ETFs, the anticipated positive influence on BTC’s price is yet to materialize. Bitcoin experienced a decline of more than 5% following the approvals last week. In contrast, Ethereum recorded an almost 8% rise over the same period despite struggling to sustain the $2,600 level. Data suggest that the price dominance of the world’s largest altcoin continues to surge against Bitcoin. Ethereum’s...

[PRESS RELEASE – Dubai, United Arab Emirates, January 17th, 2024] C1 and Spartan Group Unite Forces to Drive Liquidity, Innovation and Growth. C1 Fund, a $500 million fund dedicated to secondaries in the digital assets space has announced a strategic partnership with the Spartan Group, a prominent Asia-based advisory and asset management firm with an extensive and impressive track record in advising and investing across all verticals in the Web3 sector. C1 Fund has rapidly...

[PRESS RELEASE – DUBAI, UAE, January 17th, 2024] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced its 2024 hackathon program which seeks to accelerate the development of Artificial Intelligence (AI) and other notable sectors in Web3. The ‘Building Smart and Fully-On-Chain Applications’ hackathon not only incentivizes the next wave of AI innovation but also features additional tracks in line with...

Worldline (Euronext: WLN), ein weltweit führender Anbieter von Zahlungsdiensten, und Google gaben heute eine strategische Partnerschaft bekannt, die darauf abzielt, modernste cloudbasierte Technologien von Google Cloud zu nutzen, um die digitale Transformation bei Worldline noch weiter voranzutreiben. Im Rahmen der Partnerschaft wird Google darüber hinaus mit Worldline zusammenarbeiten, um Google Kunden in Europa einfache Online-Zahlungen zu ermöglichen. Zudem werden beide Partner gemeinsam...