Crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in order to protect its U.S. assets. Currently a liquidation is taking place for the company in the British Virgin Islands after a court order from a judge. This occurred after claims that 3AC failed to
Crypto trading and lending firm, Blockfi, announced on July 1st, 2022 a deal with FTX U.S. that would provide the firm with a $400 million revolving credit line that outlines the path to an acquisition. The agreement is now subject to shareholder approvals which would provide FTX an option
According to a press release, the Bitcoin and cryptocurrency world have just witnessed the release of one of the most exclusive Bitcoin cards available. The VIP Bitcoin and crypto credit card, known as “Bitcoinblack” issued by Bitcoinblack and Visa, is going to be available to only 10,000 people where
According to a press release, the Bitcoin and cryptocurrency world have just witnessed the release of one of the most exclusive Bitcoin cards available. The VIP Bitcoin and crypto credit card, known as “Bitcoinblack” issued by Bitcoinblack and Visa, is going to be available to only 10,000 people where
Crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in order to protect its U.S. assets. Currently a liquidation is taking place for the company in the British Virgin Islands after a court order from a judge. This occurred after claims that 3AC failed to
Crypto trading and lending firm, Blockfi, announced on July 1st, 2022 a deal with FTX U.S. that would provide the firm with a $400 million revolving credit line that outlines the path to an acquisition. The agreement is now subject to shareholder approvals which would provide FTX an option
On July 1st, 2022 Voyager announced that the crypto-only brokerage is temporarily suspending trading, deposits, withdrawals, and loyalty rewards for all customers until further notice.
CEO Stephen Ehrlich stated that the decision was made in order to provide Voyager with “more time to continue exploring strategic alternatives with various interested
Electronics conglomerate Samsung reported that the company will begin trial production on their three nanometer (3nm) chips for application-specific integrated circuits (ASICs). ASICs are currently the most efficient way to mine Bitcoin and Samsung’s new chip will help make the process more efficient and faster.
According to the report,
Ernest Urtasun, a member of the E.U. Parliament, took to Twitter on Wednesday to provide a glimpse of upcoming regulations looking to “put an end to the wild west of unregulated crypto.”
The legislation introduces a large number of requirements for both registered entities as well as “unhosted wallets”
A term sheet is currently being finalized between derivatives exchange FTX and digital assets platform BlockFi due to extreme market volatility and mismanagement within the company.
According to CNBC, an FTX spokesperson said the company “would not be commenting on the matter.” BlockFi was also unavailable to comment.
FTX had
On June 28th, 2022 Venture Capitalist Nic Carter announced he was “Excited to be backing” identity-based wallet company, Dynamic.
Dynamic XYZ’s goal is to usher in “the adoption of wallet-based authentication and identity.” The company announced that they raised $7.4 million during a seed round of funding led
