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2 years, 1 month ago
BlockFi Emerges from Bankruptcy, Begins Asset Recovery and Repayment
BlockFi, a crypto lender, has announced that it has emerged from bankruptcy and is now ready to recover assets and repay creditors. The company had filed for bankruptcy protection in November 2022 due to the…
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2 years, 1 month agoBlockFi Emerges from Bankruptcy, Plans to Pay Users in Early 2024
BlockFi, a cryptocurrency lending platform, has announced that it has emerged from bankruptcy and will now proceed with its bankruptcy plan. The company will continue to distribute client assets and allow wallet…
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2 years, 1 month agoWorld Bank Issues €100 Million Digital Bond on Euroclear's Blockchain Platform
The World Bank has made history by issuing a 100 million euros ($105 million) digital bond on Euroclear’s blockchain-based securities issuance platform. This move marks the first use of Euroclear’s Digital Sec…
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2 years, 1 month agoRepublican Congressman Tom Emmer Nominated as Speaker of the House, Crypto Advocate Poised for Leadership Role
Republican members of the United States House of Representatives have selected Tom Emmer as their nominee for the next Speaker. This decision comes after previous candidates, Jim Jordan and Steve Scalise, were…
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2 years, 1 month agoEuroclear Launches Digital Securities Issuance Service, Settles $106 Million World Bank Bond
Euroclear, a leading securities settlement house, has launched a digital securities issuance service and successfully settled a 100-million-euro digital bond issued by the World Bank. This marks the first step in…
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2 years, 1 month agoFTX.com Bankruptcy Settlement Offers Non-U.S. Creditors Hope of Recovering 90% of Assets
In a significant bankruptcy settlement, non-U.S. creditors of the defunct FTX.com exchange may recover up to 90 percent of their assets. Legal battles have brought attention to alleged mismanagement of customer…
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2 years, 1 month agoStandard Chartered Bank (Hong Kong) Successfully Completes Offline Payments Trial for e-HKD Digital Currency
Standard Chartered Bank (Hong Kong) has successfully completed an extensive offline payments trial for Hong Kong’s central bank digital currency (CBDC), e-HKD. The trial focused on ensuring inclusiveness, s…
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2 years, 1 month agoRipple Executives Secure Legal Victory as SEC Case Dismissed
In a significant development, Ripple executives Brad Garlinghouse and Chris Larsen have emerged victorious in their legal battle against the U.S. Securities and Exchange Commission (SEC). On Monday, October 23,…
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2 years, 1 month agoMarinade Finance Halts Services for UK Users Amid Regulatory Concerns
Marinade Finance, a leading decentralized finance (DeFi) protocol on the Solana blockchain, has halted its services for users in the United Kingdom due to compliance concerns with the UK Financial Conduct Authority…
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2 years, 1 month agoMarinade Finance Blocks UK Users Amid Compliance Concerns
Marinade Finance, a decentralized finance (DeFi) protocol on the Solana blockchain, has reportedly blocked users from the United Kingdom. The issue was discovered by U.K. customers on October 23rd when they tried…
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2 years, 1 month agoCryptocurrency Funding Fuels Hamas's Attack on Israel
Israel’s “Iron Dome” air defense system has protected the country from air attacks, but recently, Hamas fired over 2,000 rockets into Israel from the Gaza Strip. The financing behind this attack has raised quest…
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2 years, 1 month agoDismissal Order Signed in SEC Case Against Ripple Executives
US District Judge Analisa Torres has dismissed the case against Ripple executives Brad Garlinghouse and Chris Larsen, according to an order signed on October 23, 2023. The dismissal order specifically refers to…
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2 years, 1 month agoCoinbase Denies Imposing $5,000 Weekly Limit on Bitcoin Withdrawals Amidst Social Media Rumors
Crypto exchange Coinbase has denied rumors that it has implemented a $5,000 per week limit on Bitcoin withdrawals. The rumors began after a user claimed on social media that they had encountered this restriction…
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2 years, 1 month agoCryptocurrency Project Safereum Plunges 94% After Alleged Exit Scam
The cryptocurrency project Safereum has left the crypto community in shock after a significant amount of liquidity was drained from the project shortly after a successful $600,000 fundraising campaign. The…
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2 years, 1 month agoBlackRock Expected to Provide Seed Funding for Bitcoin ETF
BlackRock, the world’s largest asset manager, is reportedly planning to provide seed funding for its iShares spot Bitcoin exchange-traded fund (ETF). This funding would involve BlackRock purchasing a certain a…
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2 years, 1 month agoBlackRock's Bitcoin ETF Listed on DTCC, Signaling Potential SEC Approval
The iShares spot Bitcoin exchange-traded fund (ETF) proposed by BlackRock has been listed on the Depository Trust & Clearing Corporation (DTCC), indicating potential approval by the United States Securities and…
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2 years, 1 month agoBlackRock to Sponsor Its Own Bitcoin ETF Launch, Demonstrating Confidence in the Market
Investment manager BlackRock has revealed plans to provide initial funding for its spot Bitcoin exchange-traded fund (ETF), according to recent securities filings. The company’s S-1 amendment details the process o…
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2 years, 1 month agoCrypto-Friendly SEC Commissioner Discusses Growing Interest in Spot Bitcoin ETFs
BlackRock and Fidelity, two major asset managers, have applied for spot Bitcoin exchange-traded funds (ETFs), reflecting the growing interest in these products. SEC Commissioner Hester Peirce, who has been…
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2 years, 1 month agoGrayscale Investments' Bitcoin ETF Application to be Reviewed by SEC Following Court Mandate
The United States Court of Appeal has issued a mandate requiring the Securities and Exchange Commission (SEC) to review Grayscale Investments’ application for a spot Bitcoin exchange-traded fund (ETF). The c…
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2 years, 1 month agoLUNC Ecosystem Undergoes Major Upgrades for Revitalization
The Layer One Joint Task Force (L1JTF) in the Terra Luna Classic (LUNC) community has returned 344 million LUNC tokens to the community pool as part of their efforts to revitalize the protocol. These unused funds…
