Celsius’ Bankruptcy Nears End as Creditors Approve Reorganization Plan
Most of the classes in the bankruptcy claim voted by more than 98% in favor of the reorganization.
Financial
World May Not Be Ready for U.S. Interest Rate at 7%, JPMorgan CEO Says
U.S. rates at 7% could push the U.S. economy into a recession, triggering risk aversion in financial markets.
BEN Token Plunges 30% as Crypto Influencer Ben Armstrong Apparently Arrested
Armstrong has had an apparent fallout with his former business partners, several tweets suggest.
U.S. Shutdown, Assuming It Doesn’t Run Long, Will Slow, Not Cripple Crypto Efforts
Experts suggest that the courts and the SEC will keep rolling if the government is shuttered, but an already sluggish interaction with federal officials may be slowed even further.
Optimism Slumps Most Among Crypto Majors Ahead of $30M Token Unlock
The event will release 3% of the OP token’s circulating supply to investors and contributors.
Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports
Jatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian.
Coinbase Successfully Registers With Spain’s Central Bank
The registration compels the firm to comply with the country’s anti-money laundering standards.
Digital Euro at Least 2 Years Away, ECB’s Lagarde Says
The European Central Bank chief said she wanted to address “conspiracy theories” about CBDCs and government snooping.
Crypto Exchange HTX Lost $8M of Ether Due to a Hack, Justin Sun Says
HTX advisor Justin Sun said the amount stolen equates to two weeks worth of revenue, and the firm has fully covered the losses.
Indian Crypto Investment Platform Mudrex Expands to Italy
Mudrex successfully registered with Italy’s Organismo Agenti e Mediatori (OAM), a mandatory step for crypto firms, on Sept. 1, according to the CEO.