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The United States Department of Justice (DOJ) has filed an appeal against the latest decision in the case for the selling of assets between Voyager Digital and Binance.US. On March 8, the U.S. Trustee for Region 2 made the appeal to the U.S. District Court for the Southern District of
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The regulatory body raised concerns that there is no proof that the transaction complies with US Securities law. A federal bankruptcy judge in the US, Michael Wiles, has given Voyager Digital the go-ahead with its modified restructuring plans, which include Binance.US buying its assets. The crypto exchange emerged as the
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Bankrupt cryptocurrency lender Voyager Digital has won court approval to sell over $1 billion of its assets to Binance US.The approval was granted by United States Bankruptcy Judge Michael Wiles on Mar. 7, which came after four days of arguments presented by Voyager and the U.S. Securities Exchange Commission (SEC).Wiles
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On March 3, 2023, Uniswap Labs, the firm behind the decentralized exchange Uniswap, announced the launch of a limited early-release application through Apple’s Testflight program. The company stated that the limited release was due to Apple not granting approval for the application launch, and the team does not know why. Uniswap
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The voting to approve these vast infrastructure changes began even before Lido’s chosen vetters finished their work. Lido lists seven auditors involved in checking the security of its v2 code, but only one, ChainSecurity, appears to have completed its audit. “The audit scope is huge, 7,5+K lines of code. It’s
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Grayscale Investments CEO Michael Sonnenshein stated he “can’t imagine” why the United States Securities and Exchange Commission (SEC) “wouldn’t want” to protect Grayscale investors and return the true asset value to them, in a recent podcast interview.In an interview with What Bitcoin Did, a popular podcast hosted by Peter McCormack,
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Microsoft is expanding its gaming unit to pacify opposers and prevent the Activision Blizzard takeover from being obstructed. After initially opposing tech giant Microsoft (NASDAQ: MSFT) over acquiring video game company Activision Blizzard (NASDAQ: ATVI), software company Nvidia (NASDAQ: NVDA) has allied with Microsoft to bring Xbox PC games to its
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The Internal Revenue Service has filed a court document seeking permission to enforce a summons for information against Kraken and its subsidiaries. Source
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Embattled crypto miner Core Scientific looks to borrow $70 million from creditor B. Riley to offset a previous loan. Core Scientific recently secured permission from a bankruptcy court to take out a sizable loan from one of its biggest creditors. The Southern District of Texas bankruptcy court ruled that the blockchain
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Digital asset manager Osprey Funds filed suit against Grayscale Investments in Connecticut Superior Court on Jan. 30, alleging violation of the state’s Unfair Trade Practices Act. The suit concerns Grayscale advertising and promotion of the Bitcoin (BTC) exchange-traded fund (ETF) it is seeking to create. Osprey stated in the suit that
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