The world’s leading crypto exchange has given an ultimatum to the operator of WazirX to withdraw all customer funds stored on Binance’s infrastructure and wallets. This comes as Zanmai has supposedly ...
Tag: Assets
Binance supports Hong Kong’s Virtual Assets Investigation Course (VAIC) to combat cybercrimes – Cryptopolitan
To bolster the Hong Kong Police Force’s (HKPF) efforts against cybercrime, Binance—the world’s foremost blockchain system and infrastructure provider—supported a Virtual Asset Investigation Course (VA...
Celsius Releases Names of Customers Eligible To Receive Most of Their Crypto Assets Back
Eligible customers of bankrupt crypto lending firm Celsius Network will soon be allowed to obtain the funds trapped when the platform paused withdrawals and transfers in June of last year. In a new co...
Sky Mavis’s partnership lets Axie Infinity users borrow against game assets
Users of the popular play-to-earn game Axie Infinity can now stake their in-game assets to earn rewards. Ronin Network, the firm building the Ronin blockchain that Axie is built on, partnered w...
Bankrupt Voyager to Sell $1 Billion in Assets to Binance
Crypto broker Voyager – which was one of many crypto firms to enter bankruptcy proceedings in 2022 – has been given approval by a court to sell some of its assets to Binance (a larger crypto exchange ...
FTX Has Uncovered Several Lost Assets
Representatives of the now fallen crypto exchange FTX say the company has uncovered about $5 billion in new assets which consist of crypto, cash, and liquid investment securities. FTX Has Found About ...
Celsius allows 94% withdrawal of assets for some customers
Celsius, a defunct cryptocurrency lending platform, will begin processing customer withdrawal requests in the next few days. The firm started the day by disseminating a 1,400-page court document on Tw...
‘Categorically false’ — Attorney denies bids for Celsius assets were rejected
The counsel representing Celsius’ official creditor committee has denied assertions that the bids for Celsius’ crypto assets have been rejected. During a Jan. 31 Twitter Space “town hall” following th...
Celsius Upcoming Withdrawals: Are Your Assets at Risk?
Celsius, a bankrupt cryptocurrency lending firm, has issued an official statement regarding the pending withdrawals for eligible users. In a 1,411-page court filing with the US Bankruptcy Court in the...
Peter Schiff knocks crypto assets and sees market implosion
The American economist who gained fame after predicting the 2008 recession has criticized crypto assets calling them ‘fool’s gold’ and insinuating that they are bound to collapse in the future. Americ...
UCC Lawyers Refute Claims Of Leaked Bids for Celsius Crypto Assets
A recent Twitter Space named “town hall” saw lawyers from White & Case LLP, Gregory Pesce, and Aaron Colodny, refute claims that the bids for Celsius’ crypto assets were mostly abandoned. To pro...
Crypto Lender BlockFi Granted Approval to Sell Assets
The bankrupt cryptocurrency lender BlockFi has obtained approval to sell its crypto mining equipment as it tries to repay its creditors. BlockFi has received approval from the United States Bankruptcy...
BlockFi gets court nod to sell crypto mining assets
Bankrupt crypto lender BlockFi has been granted court approval to sell off its crypto mining equipment as part of ongoing efforts to repay its creditors. A court order filed on Jan. 30 in the United S...
BlockFi’s assets auctioning proposal approved
The court permitted the bankrupt cryptocurrency lender BlockFi to auction off its cryptocurrency mining equipment as part of the company’s continuous attempts to repay its debtors. BlockFi aims to max...
Peter Schiff called the 2008 financial crash — now he’s predicting the downfall of crypto, calling it ‘fool’s gold.’ He likes these 3 assets instead
‘Sucker’s rally’: Peter Schiff called the 2008 financial crash — now he’s predicting the downfall of crypto, calling it ‘fool’s gold.’ He likes these 3 assets instead American economist and mone...
BlockFi Got Approval to Set UP Auction of Crypto Mining Assets
Due to the FTX breakout, the crypto lending platform BlockFi filed for chapter 11 bankruptcy protection on November 28, 2022. On Monday, the company got approval from the United States Bankruptcy Cour...
Judge Approves BlockFi Request to Auction Mining Assets
Distressed crypto lender BlockFi can auction mining assets to exploit favorable market conditions, a U.S. bankruptcy judge rules. BlockFi’s assets have courted significant interest given crypto market...
Crypto Assets See Stunning Return of Inflows
Cryptocurrency investment products saw the largest amount of inflows since July last year, as part of a recent comeback for digital assets. Inflows into digital asset investment products amounted to $...
Justin Bons says Dogecoin and Shiba Inu are Among the Most Decentralized Crypto Assets
Justin Bons, Chief Investment Officer at Cyber Capital Europe’s oldest cryptocurrency fund, tweeted that out of the top 50 crypto assets, 32 are decentralized crypto assets on the market Shiba Inu (SH...
Digital assets got government support in 2022
2022 was a disruptive year for crypto, but despite the market and industry turmoil surrounding cryptocurrencies, several forward-thinking countries took steps to embrace digital assets. Whether it is ...
Sam Bankman-Fried’s defense moves to remove restrictions on FTX assets
On Jan. 28, Sam Bankman-Fried’s legal representatives filed paperwork to have a restriction lifted that currently prohibits the former CEO from accessing FTX’s funds. Bankman-Fried’s legal team argue...
Former FTX CEO SBF Urges Court For Access to Crypto Assets
2 hours ago | 2 mins read Exchange News Bankman-Fried resigned as CEO of FTX on November 11th, 2022. Mark Cohen, Bankman-Fried’s attorney wrote a letter to the court on January 28. A surprising develo...
Dogecoin and Shiba Inu Among the Most Decentralized Crypto Assets, Says Cyber Capital’s Top Strategist
A top executive of investment firm Cyber Capital says dog-themed meme tokens Dogecoin (DOGE) and Shiba Inu (SHIB) are among the most decentralized digital assets on the market. Justin Bons, the compan...
SBF assets still being seized over gross mismanagement
The FTX collapse made the entire crypto industry tumble in November after filing for bankruptcy, and it cost Sam Bankman-Fried almost everything he had. Since then, other exchanges associated with FTX...
Binance, Galaxy Digital among secret bidders for Celsius assets
At least five firms placed bids on Celsius Network’s crypto assets, including Binance, Bank To The Future and Galaxy Digital, according to leaked information shared by crypto blogger Tiffany Fong. Fo...
White House Asks for Public Comments on Crypto Assets, Blockchain Technology and Decentralized Finance
The Biden Administration is asking the public how they feel about digital assets and blockchain technology as a means of forming upcoming crypto policies. In a new government document, The White House...