Potential buyers are interested in embattled crypto lender Hodlnaut following creditors’ preference for liquidation instead of restructuring. According to new reports, potential buyers are making inqu...
News
Genesis creditors to expect 80% recovery under proposed restructuring plan
A Genesis creditor has revealed the new proposed restructuring plan between Genesis, Digital Currency Group and creditors will see creditors getting back at least 80% of their funds. On Feb. 6, Genes...
Independent FTX Examiner Could Cost Crypto Exchange $100M, Court Told
“We do not have enough money to pay back all of our creditors and the U.S. Trustee … says that we should spend tens or even hundreds of millions of dollars” on a report, said James Bromley of FTX’s la...
Huge BTC whale movement; will BTC cross 30K?
Over 13,000 BTC was transferred from addresses associated with crypto exchanges on February 4th. The transactions suggest BTC may be ready for another bullish rally. However, there’s more to these tra...
Weekly Shiba Inu Burns Look Feeble, But SHIB Burn Rate Jumps 150% Overnight
Yuri Molchan Less than $1,000 worth of Shiba Inu tokens have been excluded from supply in circulation over last seven days Over the last week, the Shiba Inu community managed to remove around 50 milli...
Trader Who Called Exact Bitcoin Bottom Updates Outlook on BTC, Reveals Monster Price Target for Litecoin (LTC)
A crypto analyst who bought Bitcoin at the bottom in November is updating his outlook on the path ahead for the leading cryptocurrency. The pseudonymous analyst, whose alter ego is DonAlt, tells his 4...
Polkadot ($DOT) Leads Development Activity Over Past 30 Days
Polkadot’s development activity has shot up 40% over the past 30 days. Moderate market cap tokens like KSM and SNT have seen a similar rise in their development activity. The market capitalization of ...
DGC liquidates Grayscale subsidiary shares to repay creditors
Digital Currency Group has begun liquidating stakes in crypto subsidiaries to raise funds to repay Genesis creditors. US securities filings seen by Financial Times reveal that DCG is having trouble ba...
Shah Rukh Khan’s ‘Pathaan’ Crosses $100 Million Worldwide
Bollywood movie ‘Pathaan’ continues to rule the box office in India. AFP via Getty Images Shah Rukh Khan’s film, Pathaan, continues to rule the box office as it completed twelve days at th...
Coinbase insider trading case ends with guilty plea
Ishan Wahi, a former product manager at Coinbase, has plead guilty to two counts of conspiracy to commit wire fraud in a case involving insider trading, according to Reuters. Wahi shared information a...
Baidu’s Ernie Bot Powers Hong Kong Rise
China Last Night KraneShares Key News Asian equities were mixed as North Asia (Japan, South Korea, Taiwan, China & Hong Kong) posted gains while South Asia (India, Singapore, Indonesia, Malaysia, ...
Coinbase-Backed DeSo Unveils MegaSwap, a “Stripe for Crypto” product, with Over $5 Million in Volume
Los Angeles, United States, 7th February, 2023, Chainwire DeSo is excited to announce the launch of MegaSwap – a revolutionary, cross-chain smart service that enables users to securely and easily swap...
Leading Web3 Infrastructure Company Chainstack Hires Cloud Infrastructure Guru as CEO
SINGAPORE–(BUSINESS WIRE)–#Web3forAll–Chainstack, the leading suite of services connecting all developers with web3 infrastructure, just made a massive power play and hired Jan-Jaap (JJ) Jager as thei...
Ex-Coinbase Manager files to dismiss SEC claims
Former Coinbase Product Manager Ishan Wahi has urged the court to dismiss insider trading charges against him — claiming that the U.S. Securities Exchange Commission (SEC) lacks the authority to class...
Wells Fargo didn’t act after an L.A. executive was raped by her boss, lawsuit alleges
A former Wells Fargo senior vice president has sued the bank, accusing it of inaction and retaliation after her complaints of sexual misconduct by a higher-ranking employee. (Mark Lennihan / Associate...
Genesis and Gemini Reach Agreement in Principle
Key Takeaways Genesis, Digital Currency Group, and Gemini announced yesterday they had reached an agreement in principle. The restructuring plan involves Genesis Global Trading being brought under Gen...
AI Crypto Tokens Fetch, Singularity Rally More Than 20% Overnight
Amid the largely sideways performance of major cryptocurrencies, AI-related crypto tokens including Fetch (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) have soared in the past day. FET, the...
‘The Last Of Us’ Adds A Million Viewers In Fourth Straight Week Of Increases
The Last of Us HBO The Last of Us continues to be a hit for HBO, the likes of which the streaming service has not seen in quite some time. While House of the Dragon did better baseline numbers thanks ...
ANKR/USD Moves for Recovery Above $0.030
Join Our Telegram channel to stay up to date on breaking news coverage The Ankr price prediction reveals that ANKR begins to form higher as the bears push the coin above the channel. Ankr Price Statis...
U.S. Payrolls And Nonfarm Payrolls Offer Recession Insights
Getty Images Key takeaways The February Jobs Report showed that the U.S. economy added more jobs than projected in the previous month, with payrolls growing by 517,000 compared to an expected 185,000 ...
Can Bitcoin’s Price Skyrocket with Increased On-Chain Activity? Here’s A Closer Look
Bitcoin price enjoyed a decent rally in January after posting a choppy 2022 following high-profile collapses including Terra Luna UST and FTX crypto exchange. Having rejected $24k for the past five da...
Bitcoin miner Stronghold pushes back debt payments on $54.9 million loan
Bitcoin miner Stronghold restructured its $54.9 million loan with WhiteHawk Finance and signed a two-year hosting deal with Foundry. The miner was able to push back any mandatory principal amort...
Here’s the First Support for ETH in Case of a Short-Term Correction (Ethereum Price Analysis)
Ethereum’s uptrend has been halted after reaching the major resistance at $1.7K. The price action seems choppy, while a short-term correction is what many expect. Technical Analysis By Shayan The Dail...
‘Edge of a swamp’: JPMorgan strategist sees ‘one time only sale’ in fixed income as U.S. economy slows
Fixed-income yields “all look good,” and you might want to get some while you still can, according to JPMorgan Chase & Co.’s David Kelly. It’s a “one time only sale,” said Kelly, chief global stra...
Orbeon Protocol (ORBN) Poised for Tremendous Gains as BTC and ETH Recuperate
Advertisement     Last week saw prices of major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), continue their new year advance. Bitcoin (BTC) and Ethere...
$NKLA Stock: Will NKLA Stock Perform Better in this Month?
Nikola (NASDAQ:NKLA) stock noted an increase of 22.33% in one month. However, $NKLA stock can dip more in its coming trading days. Nikola Corp. (NASDAQ:NKLA) is an American manufacturer of battery-ele...
Ripple Gains Support Of XRP Holders In Another Case?
XRP Lawsuit News: Ripple and the defendants involved in the crucial lawsuit slammed by the U.S. SEC seem to be gaining the support of the XRP holders in another legal tussle. As per the latest filling...