BlockFi files motion to return frozen crypto to wallet users
Crypto lender BlockFi has asked a U.S. Bankruptcy Court for the authority to return the crypto held in BlockFi Wallets to users. Go to Source Powered by WPeMatico
Month: December 2022
Gate.io closer to launching US services after receiving local licenses
Gate US said it obtained licenses to operate in “several” U.S. states along with a money service business license from FinCEN leading up to its local launch. Go to Source Powered by WPeMatico
Visa dreams up plans so you can auto-pay bills with your crypto wallet
Auto-payments for bills are commonplace in the traditional banking world and Visa has proposed a way to mimic the service using blockchain tech. Go to Source Powered by WPeMatico
Indian Government Updates Parliament on Cryptocurrency Bill and Investigations of Crypto Exchanges
The government of India has provided some updates on its cryptocurrency bill and investigations of crypto exchanges in Lok Sabha, the lower house of India’s parliament. “Crypto assets are by definition borderless and require international collaboration to prevent regulatory arbitrage,” said the minister of state in the Ministry of Finance. Indian Government Answers Questions About … Read more
FTX warns it will claw back political donations and contributions
The exchange warned those who received payments from FTX or its former executives that it’s looking to recover funds even if they were donated to charity. Go to Source Powered by WPeMatico
Vitalik Buterin reveals 3 ‘huge’ opportunities for crypto in 2023
There’s still plenty of room for innovation, according to Ethereum’s co-founder Vitalik Buterin. Go to Source Powered by WPeMatico
‘Huge signal and validation’ — Top Activision exec to take Yuga Labs’ helm
Kieran Warwick, co-founder of blockchain role-playing game Illuvium believes Yuga Labs latest hire will be a boon for GameFi. Go to Source Powered by WPeMatico
Elon Musk Promises to Step Down as Head of Twitter — Edward Snowden Throws His Name in the Hat for CEO
Tesla CEO and Twitter chief Elon Musk has promised to step down as head of Twitter. As the billionaire seeks a new CEO to run the social media platform, privacy advocate Edward Snowden threw his name in the hat, stating that he takes payment in bitcoin. “The question is not finding a CEO, the question … Read more
$1.7M of Bitcoin tied to QuadrigaCX reawakens after years of dormancy
The wallets were thought to be inaccessible following the death of the exchange’s founder in 2018, as he had sole responsibility for the wallet’s private keys. Go to Source Powered by WPeMatico
Bank Holdups and Protests Continue to Rise in Lebanon as Depositors Demand Their Own Savings
On Dec. 17, reports detail that residents in Lebanon have been staging sit-ins and protests at banks in order to access their own savings accounts. Since the economic collapse in 2019, Lebanon’s banks froze Lebanese bank accounts, and a number of branches have remained closed indefinitely. The deprivation of wealth has caused a few impoverished … Read more