Genesis Files for Chapter 11 Bankruptcy
Genesis, a cryptocurrency lending company, has filed a petition for bankruptcy protection under Chapter 11 in the Southern District of New York. According to the filing from January 19th, the…
Genesis, a cryptocurrency lending company, has filed a petition for bankruptcy protection under Chapter 11 in the Southern District of New York. According to the filing from January 19th, the…
Improvements have been implemented into China's Central Bank Digital Currency (CBDC), often known as the digital yuan or eCNY. These upgrades have given the digital yuan the ability to participate…
Due to Nexo Capital's failure to register the offer and sale of its Earn Interest Product, the United States Securities and Exchange Commission (SEC) and the North American Securities Administrators…
Moonstone Bank, a rural bank in the state of Washington that was given an estimated $11.5 million investment by Alameda Research, the sister firm of FTX, has announced that it…
In a recent working paper, the Bank for International Settlements (BIS) examined the inner workings of decentralised finance (DeFi) and created the DeFi stack reference (DSR) model to highlight the…
During the third week of January, the price of one Bitcoin (BTC) soared beyond $21,000, reaching a new high point not seen in the cryptocurrency market for four months. This…
The United States Financial Crimes Enforcement Network (FinCEN), which is a division of the Department of the Treasury, has asserted that there is a connection between Binance and the unlawful…
According to recent reports, the cryptocurrency news website CoinDesk is mulling over the possibility of being sold as its parent company, Digital Currency Group (DCG), wants to improve its financial…
National Australia Bank (NAB), one of Australia's "Big 4" banks, is getting ready to launch an Australian dollar-pegged stablecoin on the Ethereum network. This coin will be backed by the…
Following the formation of the cryptocurrency's first red candle on January 18, the two-week winning run that Bitcoin (BTC) had been on has finally come to an end. The previous…