Cryptocurrency Analysis and News Portal
The United States Securities and Exchange Commission (SEC) has filed a “limited objection” to crypto exchange Binance.US’s proposed $1 billion takeover of bankrupt crypto lender Voyager Digital, citing a lack of “necessary information.”The limited objection was filed on Jan. 4, with the SEC pointing to a lack of detail regarding
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In its filing, the SEC questioned the adequacy of the information in Binance.US’s disclosure statement, specifically details on the ability of the crypto exchange to “consummate a transaction of this magnitude,” as well as how Binance.US intends to secure customer assets and details on how Binance.US would rebalance its cryptocurrency
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Fidelity Investments, a major financial services firm with $10 trillion in assets under administration, has filed several trademark applications for a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services. Fidelity’s Crypto and Metaverse Trademark Applications Fidelity Investments filed three trademark applications with the United States Patent and Trademark
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Investing in the digital currency ecosystem has been considered a major gamble by most multinationals.American multinational financial services giant, Fidelity Investments has filed trademark applications to offer services in the alternate reality that will include the metaverse. As reported by The Block citing the company’s trademark filings, the firm hopes
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Banking giant HSBC has filed trademark applications with the United States Patent and Trademark Office (USPTO) for a wide range of digital currency products and services, including those related to the metaverse and non-fungible tokens (NFTs). HSBC’s Trademark Applications for Crypto-Related Products and Services HSBC has filed two crypto-related trademark applications for
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A few weeks after leaving Mythical Games, the Trio launched their new publishing platform for Blockchain games called the Fenix Games. They also claimed to have raised capital from Cypher and Phoenix Group for their new venture.Crypto gaming unicorn Mythical Games, which is also backed by Andreessen Horowitz, has filed
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On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000 creditors and its estimated assets are worth between $1-10 billion. Core Scientific
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The United States Securities and Exchange Commission (SEC) filed a complaint against Thor Technologies and its cofounder and CEO David Chin in U.S. District Court in San Francisco on Dec. 21. The SEC claimed that Thor’s 2018 initial coin offering (ICO) constituted an unregistered securities sale under the Securities Act
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The embattled former BTC-e operator has spent over 3 months in US custody and wants bail due to his trial delay.Alexander Vinnik, the alleged operator of the defunct Russian crypto exchange BTC-e, has requested bail due to the delay of his trial. The Russian computer expert’s defense team has also
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The company filed for Chapter 11 at Southern District of Texas bankruptcy court. The mines estimated liabilities are between $1 billion- $10 billion million, according to the filing. It has around 1,000-5,000 creditors, with the largest unsecured claim coming from investment bank B. Riley. Source
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