Former FTX CEO Sam Bankman-Fried, otherwise known as SBF, will enter a plea on January 3, 2023, regarding the criminal charges filed against him in the aftermath of the FTX collapse. The latest development comes shortly after the former crypto boss was released on bail following his arrest and extradition to the United States. According […]
Celsius Pleads To Extend Deadline For Claims As Legal Fees Soars
The insolvent cryptocurrency lender Celsius Network intends to present a petition that would give users one more month to lodge their claims. The cryptocurrency community has begun to lose patience as they observe how Celsius’ legal costs have continued to mount and are depleting the lender’s inheritance. Celsius declared in a tweet on December 29 […]
Disputed Robinhood shares may be moved to neutral account at BlockFi’s request
The judge overseeing BlockFi’s ongoing bankruptcy case agreed today to review a request that could see 56 million Robinhood shares moved to a neutral location, according to a report from the Wall Street Journal on Dec. 28. The judge has not yet agreed to move the assets to a neutral account. The matter will be […]
More Than $3 Billion Stolen from Crypto Projects in 2022: Forbes
Crypto ecosystem witnessed more than 125 hacks and lost over $3 billion this year
Vulcan Blockchain’s Auto-Rebasing Layer 1 Set for Release Q1 2023
December 28, 2022, Tallinn, Estonia: Vulcan Blockchain has just announced that its’ novel auto-rebasing Layer 1 protocol will launch in Q1 of 2023. The protocol, which has been under development for some time, aims to balance supply side issues affecting market stability. In this vein, the primary key feature of the Vulcan Blockchain is its […]
Sam Bankman-Fried’s $200M Venture Investments With Users’ Funds Has Drawn SEC’s Scrutiny
The post Sam Bankman-Fried’s $200M Venture Investments With Users’ Funds Has Drawn SEC’s Scrutiny appeared first on Coinpedia Fintech News According to reports, of the billions of dollars in client deposits that suddenly vanished from FTX, about two hundred million dollars were utilized by Sam Bankman-Fried “SBF” to support investments in two firms that have […]
CHZ walks a tight rope and here are the likely outcomes as 2022 winds up
CHZ starts flashing bullish signs but one key indicator suggests otherwise. Is there a demand for CHZ and what should we look for before the price pivots? If you have been closely watching Chiliz and its performance, chances are that you might be thinking that it is a good opportunity now. This is because, at […]
Microstrategy Plans To Provide Bitcoin Lightning Solutions
Michael Saylor, the executive chairman of MicroStrategy, has said that the company plans to use the Bitcoin Lightning Network to power software and solutions by the year 2023. Saylor revealed on the 28th of December, in a recent Twitter Space, that the company is investigating software and solutions that make use of the Lightning Network. […]
8 Best Altcoin Cryptocurrencies to Invest in For Next Altcoin Season 2023
Even if the crypto market isn’t doing well right now, yet more new crypto projects that have outperformed the crypto majors in 2023. Investors and […]
Binance (BNB) to build a regulatory framework, Litecoin (LTC) launches MWEB upgrade, Snowfall Protocol (SNW) grows multifold
Cryptocurrency markets are growing rapidly and there are a number of cryptocurrencies that have seen huge price increases in the past few months. One such cryptocurrency is Snowfall Protocol (SNW). But what are the key reasons for its price highs? In this article, we will highlight the current updates with Binance (BNB) and Litecoin (LTC) networks, […]