Galaxy Digital had earlier terminated its merger agreement with BitGo citing the platform’s inability to show audited financial statements of 2021. BitGo responded to the Galaxy’s decision to terminate the acquisition by stating that it’s suing Galaxy for its actions,followed by seeking $100 million in damages The deal was earlier...
Zipmex has finally been granted a three month creditor protection from the Singapore court Per a Bloomberg report, the court’s decision will be instrumental in guarding the firm against third-party lawsuits and claims, enabling the exchange to come up with a useful funding plan. Asian cryptocurrency exchange Zipmex was granted...
Barca studios have sold its 24.5% stake to Orpheus Media According to a tweet shared by Socios CEO Alexandre Dreyfus, the following acquisition will help boost web3, and NFT content development. Sharing more details, Dreyfus added that the firm will now be known as Barca Digital and Entertainment. In a...
Crypto exchange Huobi’s founder Leon Li is reportedly in talks with financiers to sell his stake in the firm Potential buyers include Justin Sun of Tron and FTX CEO Sam Bankman-Fried Per a recent Bloomberg report, Huobi founder Leon Li is currently in talks with a bunch of investors to...
DyDX has blocked user accounts linked with Tornado Cash DyDX has joined a growing list of platforms who have been actively blocking user accounts of people who had earlier been in contact with sanctioned Tornado Cash app In an updated blog post, derivatives protocol DyDX has confirmed that it has...
FTX Pay is integrating with Reddit to permit users to unlock new crypto features. The integration will help users purchase ETH via supported Reddit apps to pay for their blockchain gas fees. The newest integration of Reddit with crypto exchange FTX’s payment and exchange infrastructure platform, FTX Pay, will permit...
Binance has ceased the off-chain fund transfer channel between itself and WazirX On-chain transfers will still be available for the users to deposit and withdraw. Leading cryptocurrency exchange Binance has recently decided to remove the off-chain fund transfer channel between itself and the Indian exchange WazirX. Binance Suspends Off-Chain Transfer...
Binance CEO CZ has made a surprising Twitter announcement, stating that the WazirX-Binance transaction was never complete. CZ further added that Binance does not own any equity in Zanmai Labs, the entity that operates WazirX Binance’s CEO Changpeng Zhao has made surprising declarations regarding the Indian crypto exchange WazirX. While...
The US bankruptcy court has granted approval to Voyager Digital to pay back $270 million worth of funds to its customers, WSJ reports The firm had filed for chapter 11 bankruptcy in July which rendered the customers incapable of accessing their stored funds. Per a report published by Wall Street...
Coinbase shares have soared past 35% after the exchange announced its newest partnership with asset management firm BlackRock At press time, Coinbase’s native token is up 17% sitting at $93.18 after touching an ATH of $105 earlier today. Earlier today Coinbase announced its newest partnership with one of the leading...
Celsius network wants to hire its former CFO Rod Bolger at a monthly salary of $92,000 The firm has filed a motion stating that Bolger’s crypto knowledge can help the firm navigate its Chapter 11 bankruptcy proceedings. The troubled crypto lender platform Celsius Network is keeping no stone unturned to...
TPS Capital’s OTC executive Stefan Chu has resigned from the firm. Chu’s resignation has come at a time when TPS is battling accusations that label TPS having a connection with bankrupt firm 3AC Tai Ping Shan, popularly known as TPS capital’s OTC executive Stefan Chu has called it quits amid...
