Deniz Saat

According to remarks made by Sean O’Neal of Cleary Gottlieb, who is representing Genesis, a division of Digital Currency Group (DCG), a restructuring agreement has been reached with creditors. The sale of Genesis Global Trading would be one part of this plan to maximize recovery. The agreement will also

The purchase of Burling Bank, an FDIC-insured Illinois state chartered bank, has been announced by LevelField Financial, a U.S. financial firm that provides digital asset services. According to the press release, LevelField will become the first finance entity that manages Bitcoin while being FDIC-insured and fully compliant. The bank

Nostr, a decentralized social networking protocol, is currently available on the Apple App Store via Damus. Nostr saw a surge in popularity after former Twitter CEO Jack Dorsey developed an interest in the technology. He later donated 14 BTC to its creator. Due to the enthusiasm, Damus became the most

The play-and-earn fantasy esports platform Stattrak and top fintech payment processor ZEBEDEE have jointly announced the release of a new product geared for esports fans worldwide.  In well-known titles like Counter-Strike: Global Offensive, League of Legends, Valorant, Rainbow Six Siege, and Dota 2, the product allows users to create their

In an official blog post, the Biden Administration outlines its plan for reducing the risks associated with cryptocurrencies. The roadmap begins by describing the implosion of LUNA and Terra in 2022 along with the industry’s ensuing disastrous contagion that resulted in numerous bankruptcies. The post states that “many everyday

CEO of Strike Jack Mallers announced on Twitter that Strike is now an integrated partner with Clover’s parent company, the payments giant Fiserv. A pilot integration launched by Strike with Clover has since been established, enabling businesses to accept Bitcoin over the Lightning Network. https://twitter.com/jackmallers/status/

Arizona state senator Wendy Rogers (R) has introduced a set of bills that will make Bitcoin legal tender in the state and permit state agencies to accept it. By becoming a recognized legal tender in Arizona, Bitcoin will be able to be used for settling debts, taxes, and other financial

On January 24th, 2023 El Salvador’s president, Nayib Bukele, announced that the country was able to pay off an $800 million bond despite numerous media outlets claiming that it would not be able to make payments because of its “Bitcoin bet.” The payment, which followed a prior transaction, included