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Digivault, which is not involved in the liquidation process, is currently winding down operations, according to the person familiar with the matter. Any buyer would get staff, technology and, for a time, an anti-money laundering registration that comes with the business, the person said. Original Source
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Zero-knowledge (ZK)-Rollup tech company StarkWare has officially open sourced its new programming language compiler, Cairo 1.0, which will soon be supported on Ethereum layer-2 scaling solution StarkNet in Q1 2023. The news was announced by StarkWare — the company behind StarkNet — in a Nov. 25 Twitter post. StarkWare’s rollup technology
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The previous Voyager sale saw FTX emerge as the “white knight,” beating out Binance. Original Source
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"NBD does not sell anything, it does not offer services, it does not support products. It just writes code and gives it to the world to do with it as they will," said Andre Neves, co-founder and chief technology officer of ZEBEDEE, in a press release provided to CryptoX. Source
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Cryptocurrency exchanges FTX, Binance and CrossTower are competing to acquire beleaguered crypto lender Voyager Digital’s assets out of bankruptcy, according to insider sources. According to details published by former investment banker and angel investor Simon Dixon, the three exchanges are competing in an auction to acquire Voyager Digital, and have each
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The internet hosting and software development subsidiary of Microsoft, Github, has partially unbanned the Tornado Cash repositories following the recent sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Github’s decision follows the U.S. Treasury updating the public, noting that U.S. persons can copy, view, and
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“We do not see a path for Congress to enact stablecoin legislation this year as the Senate is far behind the House on this issue,” said Jaret Seiberg, an analyst with Cowen, in a Wednesday research note. “If the House votes, it will create a foundation for early action next
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It’s evaluating several possible takeover candidates, some of which are companies operating retail-trading platforms, the person said. Negotiations are in preliminary stages and if acquisition talks fall through, it’s less likely FTX will raise money, according to the person. Original Source
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“Unlike private digital assets, a CBDC issued by the Federal Reserve would be backed by the full faith and credit of the U.S. government, like the dollar bills in our wallets,” said Rep. Maxine Waters, (D-Calif.), the chairwoman of the House Financial Services Committee, in a statement earlier this year.
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