Bloomberg Reveals Maya’s Plan to Raise $150m Worth of Funds

The target fund-raising aims to help pave the way toward a potential initial public offering for the PLDT Inc.-backed company. The post Bloomberg Reveals Maya’s Plan to Raise $150m Worth of Funds appeared first on BitPinas.

Bitcoin NFTs: A Guide to the New $4.5 Billion BTC Art Market

The year 2023 has started off with much excitement for Bitcoin supporters thanks to a surging price and the ascent of a new type of collectible named Bitcoin Ordinals, of which over 200,000 have already been created. The 2 trends could very well be related, with many experts connecting the dots and calling the arrival […]

Ohio joins the $22.5 million nationwide settlement against Nexo

Digital asset lender Nexo settled with U.S. states and the SEC in January, agreed to fork out $45 million, and ceased offering its interest-earning accounts in the United States. […] Read More… The post Ohio joins the $22.5 million nationwide settlement against Nexo appeared first on CoinGeek.

Best crypto interest rates 2023 – DeFi and CeFi

An overview of several leading DeFi and CeFi crypto lending platforms and who offers the best crypto interest rates.

Court Dismisses Tax Fraud Charges Against Michael Saylor’s MicroStrategy

The Superior Court of the District of Columbia has dismissed a civil complaint against American business intelligence company MicroStrategy, which alleged that the firm helped its co-founder Michael Saylor evade income tax payments. According to a recent filing, Saylor and MicroStrategy filed a motion to dismiss the complaint in October, and the court ruled in […]

Binance Chain registers a 229% surge in this metric- Are investors happy about it?

Binance Chain’s daily transactions recorded a year-to-date growth of 229%. The network’s NFT trading volume declined sharply in February. Binance Chain [BNB] recorded a big jump in its daily transaction volume over the week, rising from 3.5 million to over 5 million at the time of writing. While this amounted to a nearly 47% rise, […]

Cardano’s [ADA] Stablecoin Djed took advantage of the gap left by…

Djed became Cardano’s fourth-biggest project.  The development team was working towards an increase in adoption with the option to borrow and use the stablecoin as collateral. Cardano’s [ADA] stablecoin Djed which launched on 31 January, has surpassed many projects in the ecosystem to become the fourth largest. Created by the blockchain’s development group Input Output […]

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies […]

Silvergate to return $9.85M deposit to BlockFi

Silvergate Bank has been ordered to return $9.85 million to BlockFi as part of the latter firm’s ongoing bankruptcy proceedings, according to a March 3 filing. That court filing says BlockFi and Silvergate entered an agreement in August 2020 where Silvergate acted as a depository institution to handle certain ACH transactions. In November 2021, BlockFi […]

Binance launches anti-scam campaign after Hong Kong pilot run

The new campaign features a withdrawal warning message that attempts to prevent users from sending their crypto to scammers.