Announcement
BlockFi Files for Chapter 11 Bankruptcy
BlockFi Files for Chapter 11 Bankruptcy

Following the collapse of potential acquirer FTX, struggling cryptocurrency lender BlockFi has applied for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey. The company disclosed in the filing that it had more than 100,000 creditors along with liabilities and assets ranging

News  •  Business  •  Nov 28, 2022
Genesis Withdrawal Pause Is Affecting Gemini Lending Program
Genesis Withdrawal Pause Is Affecting Gemini Lending Program

On November 16th, 2022 Tyler and Cameron Winklevoss’ cryptocurrency platform Gemini Trust Co. claimed that customer redemptions for its Earn program are being delayed after its partner, Genesis Global, halted withdrawals on its borrowing platform due to a liquidity shortage. According to a statement from Gemini Earn’s website page,

News  •  Business  •  Nov 16, 2022
SEC Delays Deadline for Decision on ARK 21Shares Spot Bitcoin ETF
SEC Delays Deadline for Decision on ARK 21Shares Spot Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on listing ARK 21Shares’ spot Bitcoin (BTC) exchange-traded fund on the Chicago Board Options Exchange (Cboe BZX). The SEC’s recent announcement was initially submitted on May 13th, 2022 and has extended the window for

News  •  Bitcoin  •  Nov 15, 2022
FTX Files for Bankruptcy While Sam Bankman-Fried Steps Down as CEO
FTX Files for Bankruptcy While Sam Bankman-Fried Steps Down as CEO

According to a tweet from the company, Sam Bankman- Fried’s FTX cryptocurrency exchange has filed for Chapter 11 bankruptcy in the U.S. Bankman-Fried has also resigned as CEO and will assist John J. Ray III with his new role for the exchange. The voluntary proceedings involve Alameda Research,

News  •  Business  •  Nov 11, 2022
Japanese Bank Set to Launch Bitcoin Trading in 2023
Japanese Bank Set to Launch Bitcoin Trading in 2023

According to a report from Blockworks, Laser Digital, the recently established Bitcoin and cryptocurrency division of Nomura, Japan’s largest brokerage and investment bank, aims to increase its staff in order to expand its range of services. A Bitcoin trading platform for institutional clients is expected to go live in

News  •  Bitcoin  •  Nov 09, 2022
BlockFi Files for Chapter 11 Bankruptcy
BlockFi Files for Chapter 11 Bankruptcy

Following the collapse of potential acquirer FTX, struggling cryptocurrency lender BlockFi has applied for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey. The company disclosed in the filing that it had more than 100,000 creditors along with liabilities and assets ranging

News  •  Business  •  Nov 28, 2022
Featured Articles 4 Articles
Business View All
Capital B Expands Bitcoin Holdings and Temporarily Suspends Capital Program With TOBAM
Capital B Expands Bitcoin Holdings and Temporarily Suspends Capital Program With TOBAM

Capital B (ALCPB), backed by Adam Back, bought 6 Bitcoin for €0.6M, raising holdings to 2,818 Bitcoin and a 1,657.7% BTC Yield YTD.

Strategy Purchases 168 Bitcoin Valued at $18.8 Million Amid Market Volatility
Strategy Purchases 168 Bitcoin Valued at $18.8 Million Amid Market Volatility

Strategy purchased 168 Bitcoin for $18.8 million, raising its total holdings to 640,418 Bitcoin worth about $71.1 billion.

Tether Releases Open-Source Wallet Development Kit To Support Global Financial Infrastructure
Tether Releases Open-Source Wallet Development Kit To Support Global Financial Infrastructure

Tether open-sourced its Wallet Development Kit (WDK) for creating self-custodial, multi-chain wallets.

Compass Coffee Becomes First Square Merchant To Accept Bitcoin Payments Directly at Register
Compass Coffee Becomes First Square Merchant To Accept Bitcoin Payments Directly at Register

Compass Coffee became the first Square merchant to accept Bitcoin payments directly at its register using Lightning integration.

Politics View All
Michael Saylor Warns Against “Big Protocol” in Bitcoin Development
Michael Saylor Warns Against “Big Protocol” in Bitcoin Development

Michael Saylor said on the What Bitcoin Did podcast that Bitcoin’s protocol must stay minimal and stable to avoid inflation and disruption.

Philippines Weighs Bitcoin Reserve Bill Targeting 10,000 Bitcoin
Philippines Weighs Bitcoin Reserve Bill Targeting 10,000 Bitcoin

The Philippines is weighing a bill to create a 10,000 Bitcoin reserve held in a trust for 20 years.

Tether Appoints Former White House Crypto Council Head Bo Hines as Strategic Advisor
Tether Appoints Former White House Crypto Council Head Bo Hines as Strategic Advisor

Tether has named former White House Crypto Council head Bo Hines as Strategic Advisor for its U.S. digital assets strategy.

Petition Gains Momentum To Restore Satoshi Nakamoto Statue in Lugano
Petition Gains Momentum To Restore Satoshi Nakamoto Statue in Lugano

Over 1,100 people have signed a petition urging Lugano to restore and protect its vandalized Satoshi Nakamoto statue.

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