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...
Summary: Meta’s digital collectible feature for creators and collectors expands its reach. More than 100 countries in Africa, Asia-Pacific, the Middle East, and the Americas will receive access to NFTs on Instagram. Support for Coinbase wallet and Dapper will follow the expansion. Users can connect to Instagram with other wallets...
Summary: BlackRock will provide institutional investors with exposure to crypto investments. The heavyweight asset manager has partnered with crypto exchange Coinbase to make this possible. BlackRock’s Aladdin clients will access such facilities through Coinbase prime as announced. CEO of the asset manager, Larry Fink, hinted at the development back in...
Summary: Revenue from Ethereum mining has surpassed proceeds boasted by Bitcoin miners. Arcane research shows that ETH miners have generated around $11 billion in 2022 so far. Bitcoin miners have managed $10 billion as of press time. Ethereum’s switch to Proof-of-work could ultimately eliminate the role of miners on the...
The Fairfax County Retirement Systems will invest in yield farming schemes. Chief investment officer Katherine Molnar spoke about the strategy in an interview. The regulatory landscape in the U.S. is changing, and with that, more incumbent institutions may warm up to crypto. The Fairfax County Retirement Systems, a pension fund...
A bug in Slope wallets is believed to be behind the recent theft from Solana wallets. Nearly $6 million was stolen from 9,000 addresses. Teams are still continuing their investigation and will publish a full report later. The recent attack on Solana wallets that saw 9,000 addresses drained of nearly...
FTX CEO Sam Bankman-Fried believes Solana is the most underrated token His comments have come at a time when the network is battling an intense hack that resulted in draining $8 million worth of user funds. In an interview with Fortune, FTX exchange CEO Sam Bankman Fried outlined his opinions...
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...
Summary: Early LUNA investor Hashed lost $3 billion in the Terra collapse. The crypto venture capital company confirmed the news on Wednesday. CEO Simon Seojoon Kim told Bloomberg that the VC firm bought some 30 million LUNA tokens in Terra’s early days. The coins were worth over $3.6 billion after...
8000 Solana wallets compromised in a latest malicious hack. As a result of the hack, the token value of Solana SOL has dropped nearly 4% in the last 24 hours. Solana has been the latest victim of a grand malicious attack, resulting in the hacker siphoning nearly $8 million worth...
