Cryptocurrency Analysis and News Portal
“I propose to take the date of January 1, 2024, to let new entrants have a little more time to ask for their authorization, which is complicated,” as well as offering more time to the Financial Markets Authority to process applications, said Daniel Labaronne, who is holding the pen on
Read More
According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC co-founders Su Zhu and Kyle Davies were subpoenaed over the social
Read More
The proposed restructuring plan would have allowed Hodlnaut directors who were at the helm during its collapse to continue managing the company. Liquidation would "maximize the company's remaining assets available for distribution," one of the creditors, Algorand Foundation, wrote in the filing. Source
Read More
Michigan Senator Debbie Stabenow, chair of the United States Senate Agriculture Committee, has announced that she will be leaving office in 2025.In a Jan. 5 announcement, Stabenow said she would finish the remainder of her 6-year term in the Senate, then “pass[ing] the torch” to other U.S. lawmakers. The senator
Read More
Instead of waiting for a lengthy bankruptcy process, some investors, who have claims on FTX exchange, Celsius Network, BlockFi and Voyager Digital, are looking to pass on their claims to others. Data from crypto claims trading startup Xclaim shows that there are at least hundreds of investors who have been affected
Read More
The co-founder of Gemini, Cameron Winklevoss, shared in an update on Twitter that global investment bank Houlihan Lokey had devised a plan on behalf of the creditor committee to resolve the liquidity issues at Genesis and its parent company Digital Currency Group (DCG). According to Winklevoss, resolving the liquidity issues
Read More
Place/Date: - December 18th, 2022 at 9:37 am UTC · 3 min read Source: Snowfall Protocol The success of many crypto projects has made many investors even more interested in the crypto space. Two trending projects that took over the first quarter
Read More
The goal is to fully reactivate customer withdrawals once creditors have approved the plan in a vote. Source
Read More
New guidance from the state department of Financial Services sets a 90-day advance notice period for state banks wishing to offer crypto-related services. Original Source
Read More
The unwinding of Sam Bankman-Fried’s sprawling empire is proving as unwieldy as the company itself. Original Source
Read More