Celsius Network hires advisers ahead of potential bankruptcy: Report
Restructuring, bankruptcy, buyouts… media outlets are swarming with different reports on the next steps Celsius may take. Go to Source Powered by WPeMatico
business
Auto Added by WPeMatico
FTX may be planning to purchase stake in BlockFi: Report
The reportedly ongoing talks followed BlockFi signing a term sheet with FTX to secure a $250 million revolving credit facility on Tuesday. Go to Source Powered by WPeMatico
White hat hacker attempts to recover ‘millions’ in lost Bitcoin, finds only $105
“We didn’t make money, but we definitely made new friends,” said Lavar Sanders, who originally purchased the Bitcoin in 2016. Go to Source Powered by WPeMatico
Uphold withdraws with Venezuela, citing US sanctions
The platform advised users to withdraw funds quickly, noting it would halt trading for Venezuela-based clients on July 31, with all accounts “fully restricted” beginning Sept. 30. Go to Source Powered by WPeMatico
The community-centered approach to Web3 — Aave founder and CEO
“What if we actually can have ownership on our own presence in social media — our profiles, our social identities?” asked Stani Kulechov. Go to Source Powered by WPeMatico
Institutions are exploring the space — KPMG Canada crypto team
Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the Metaverse. Go to Source Powered by WPeMatico
Chainalysis launches reporting service for businesses targeted in crypto-related cyberattacks
The firm said it was starting a ‘Crypto Incident Response’ hotline to “help bring bad actors to justice and demonstrate that crypto is not the asset class of anonymity and crime.” Go to Source Powered by WPeMatico
FTX US acquires Embed Financial subsidiary for stock trading platform
The FTX Stocks platform has been in beta testing for select U.S. users since May, but the firm reported it would be available to all domestic customers sometime in the summer. Go to Source Powered by WPeMatico
Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts
“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment,” said CFO Jeff Lucas. Go to Source Powered by WPeMatico
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by the CME Bitcoin Futures Index. Go to Source Powered by WPeMatico