Celsius Network Ordered to Return Crypto Worth $50M to Custody Users
Martin Glenn, a United States bankruptcy judge, has granted some relief to Celsius Network’s custody account holders by ruling that the embattled firm must return...
Author : Godfrey Benjamin
New Report Shows Industry Stakeholders are Opposing CBDCs
A report from Blockdata on the State of Central Bank Digital Currency (CBDC) in 2022 has revealed reasons why industry stakeholders are holding back on...
Gate.io Commits $100M to Boost the Crypto Industry and Restore Investor Confidence
Gate.io, a crypto trading platform has promised to support the blockchain industry with $100 million to boost the ecosystem and also restore the confidence of...
Celsius Network Granted Extension for its Restructuring Plan
Crypto lender Celsius Network announced on Twitter that it has gotten approval from the court to extend its exclusivity period to submit a Chapter 11...
Goldman Sachs is Looking at Investing in Discount Crypto Businesses
Goldman Sachs Group, Inc., an investment banking firm, said it is aiming to invest funds in crypto businesses following the FTX debacle....
Genesis Owes its Creditors Debt Worth $1.8M
Genesis, a renowned crypto lending and custody service that recently halted consumer withdrawals, has been alleged to owe its debtors more than $1.8 million according...
The State Bank of Pakistan Plans to Start Issuing CBDC by 2025
The State Bank of Pakistan (SBP), the nation’s central bank, declared that it is now putting the finishing touches on a strategy to begin producing...
New York Introduces Legislation to Charge Licensed Crypto Businesses
The New York State Department of Financial Services (DFS), the department responsible for regulating financial services in New York has announced a plan to charge...
Mozilla Firefox Invests Snaps Up Metaverse Startup Active Replica
Mozilla Inc., the parent company of Firefox, a free and open-source web browser, announced that it has fully purchased Active Replica, a software development firm...
Telegram Makes $50M from Selling Usernames on the TON Blockchain
Telegram, a cloud-based instant messaging application that is available worldwide, announced that it had sold usernames worth $50 million in less than a month....
