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BlockFi Files for Chapter 11 Bankruptcy
BlockFi Files for Chapter 11 Bankruptcy
News  •  Business  •  Nov 28, 2022 by Deniz Saat

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

Digital Securities Bill Paves Way for Bitcoin Volcano Bonds in El Salvador
Digital Securities Bill Paves Way for Bitcoin Volcano Bonds in El Salvador
News  •  Bitcoin  •  Nov 23, 2022 by Deniz Saat

The launch of El Salvador’s Bitcoin-backed “volcano” bonds was made possible by the submission of a bill authorizing the issuance of digital assets to the nation’s legislative assembly by Minister of the Economy Maria Luisa Hayem Brevé. The innovative project, which was first announced a year ago on

Fidelity Launches Bitcoin Trading for Retail Accounts
Fidelity Launches Bitcoin Trading for Retail Accounts

Fidelity, one of the world’s largest investment management service providers, has officially launched Bitcoin (BTC) trading for retail accounts. The service will allow retail investors to buy and sell BTC. Earlier this month, Fidelity announced a waiting list for digital asset trading accounts. At around the same time, it

News  •  Bitcoin  •  Nov 29, 2022
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Fidelity Launches Bitcoin Trading for Retail Accounts
Fidelity Launches Bitcoin Trading for Retail Accounts

Fidelity, one of the world’s largest investment management service providers, has officially launched Bitcoin (BTC) trading for retail accounts. The service will allow retail investors to buy and sell BTC. Earlier this month, Fidelity announced a waiting list for digital asset trading accounts. At around the same time, it

News  •  Bitcoin  •  Nov 29, 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
Digital Securities Bill Paves Way for Bitcoin Volcano Bonds in El Salvador
Digital Securities Bill Paves Way for Bitcoin Volcano Bonds in El Salvador

The launch of El Salvador’s Bitcoin-backed “volcano” bonds was made possible by the submission of a bill authorizing the issuance of digital assets to the nation’s legislative assembly by Minister of the Economy Maria Luisa Hayem Brevé. The innovative project, which was first announced a year ago on

News  •  Bitcoin  •  Nov 23, 2022
ZEBEDEE and Bitrefill Partner To Establish a Circular Economy
ZEBEDEE and Bitrefill Partner To Establish a Circular Economy

ZEBEDEE’s app will be integrated into Bitrefill’s services, per release. This partnership enables users to spend the Bitcoin they earn from playing games on thousands of gift cards without ever leaving the app, creating a full circular economy within ZEBEDEE. Bitrefill is the largest global provider of gift

News  •  Bitcoin  •  Nov 22, 2022
El Salvador Announces To Buy One Bitcoin Every Day
El Salvador Announces To Buy One Bitcoin Every Day

El Salvador’s president, Nayib Bukele, declared late last night that the nation would be buying one Bitcoin every day beginning today. https://twitter.com/nayibbukele/status/1593113857261965312 El Salvador currently has 2,381 BTC Bitcoin in its treasury, which is worth more than $39 million. When the market is

News  •  Bitcoin  •  Nov 17, 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
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