Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG
The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs. Go to Source Powered by WPeMatico
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Waves founder announces new stablecoin as USDN depegs
Days after USDN lost its peg with USD, Waves CEO and founder Sasha Ivanov promised that his new stablecoin will be “undepeggable.” Go to Source Powered by WPeMatico
South Korean court freezes $92M in assets related to Terra tokens
The CEO of Terraform Labs’ affiliate firm Kernel Labs reportedly held the largest amount in illegal proceeds from Terra. Go to Source Powered by WPeMatico
Busan city drops global crypto exchanges from its digital exchange plans
FTX was one of the key exchange partners for Busan city, but its recent collapse made the administration reconsider its plans of onboarding third-party crypto exchanges. Go to Source Powered by WPeMatico
Police body cam leaks suspect’s seed phrase during vehicle inspection
A viral video making rounds on Twitter showed two police officers searching a suspect’s car and coming across pieces of paper, one of which contained seed phrases. Go to Source Powered by WPeMatico
Next House committee chair reintroduces bill on crypto innovation
Under the proposed bill, companies could apply for an “enforceable compliance agreement” with offices at federal financial agencies that would allow for a regulatory path forward. Go to Source Powered by WPeMatico
Boris Johnson’s brother steps down as Binance adviser amid concerns over the exchange: Report
Lord Johnson of Marylebone reportedly took up a role on the U.K. advisory board of one of Binance’s subsidiaries in September. Go to Source Powered by WPeMatico
Grayscale CEO highlights 20% GBTC share buyback option if ETF conversion fails
The proposed offer would require both SEC relief and shareholders’ approval. Go to Source Powered by WPeMatico
What is the relationship between blockchain and Web3?
Amidst the Web3 revolution, the importance of blockchain in Web3 lies in offering a universal state layer to build the decentralized Web. Go to Source Powered by WPeMatico
Crypto investment firm CoinShares debuts trading on Nasdaq Stockholm
CoinShares’ stock was previously listed on the Nasdaq First North Growth Market, an alternative stock exchange for small and medium-sized companies. Go to Source Powered by WPeMatico