Celsius’ Bankruptcy Plan Administrator Pays Out Over $2.5B
The distributions were made in liquid cryptocurrency and cash at Jan. 16 prices to roughly two-thirds of all eligible creditors by number and 93% by value.
Financial
Financial
Financial
U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform
The complaint alleges that the duo falsely told investors about one of them creating a “bot” that operated on a crypto asset trading platform.
Financial
Upstart ‘Degenerate’ Crypto-Culture Publication Bets on Print
Newspapers are dead. Can Superbasedd make it with a monthly glossy?
Financial
Ether ETFs Have Bled Money, but That’s Not the Whole Story
BlackRock’s ETHA and other Ethereum funds have collected billions of dollars worth of inflows. Massive outflows from the Grayscale Ethereum Trust (ETHE) have overshadowed that, though.
Financial
U.S. SEC Settles with Abra Over Unregistered Sales of Securities
The securities regulator says Abra sold half a billion dollars in unregistered Abra Earn while also operating without registration as an investment company.
Financial
SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules
The federal regulator sued Kraken in California last year, alleging that the crypto company failed to register with the SEC as a broker, exchange or clearinghouse.
Financial
PayPal’s Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
The payments company’s stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain and DeFi reward programs reignited the token’s growth.
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Tokenized Treasury Funds Pass $2B Market Cap Amid BlackRock’s Explosive Growth
BlackRock’s BUIDL has quickly topped $500 million in market cap.
Financial
‘My Living Nightmare’: Detained Binance Exec’s Wife Begs for His Immediate Release
Tigran Gambaryan’s family says he can no longer walk and has battled multiple bouts of malaria pneumonia.
Financial
Crypto Startup Backed by Likes of Dragonfly Aims to Create Market to Trade Airdrop-Related Points
Rumpel Labs seeking to create efficient secondary markets, going live in mid-September.