FTX’s Bankruptcy Case Generates Staggering Legal Fees FTX, a former leading player in the crypto exchange market, has found itself entangled in a costly bankruptcy case.…
Galaxy Digital Seeks More Crypto Bankruptcy Assets After FTX Deal Galaxy Digital, led by billionaire Mike Novogratz, is looking to sell assets from bankrupt digital asset…
Central Banks Must Prepare for Digitization The governor of the Bank of Korea, Rhee Chang-yong, has raised concerns about the increasing use of stablecoins like USDT…
Norges Bank Advances CBDC Pilot in Fifth Phase Norges Bank is moving forward with its central bank digital currency (CBDC) pilot, entering the fifth phase of…
Core Scientific Delays Bankruptcy Exit Hearing In a surprising turn of events, Core Scientific, a prominent Bitcoin mining company in North America, has decided to postpone…
A Sanctioned Russian Banker Sells $19M Worth of Shares in Crypto Custodian Linked to Ex-U.K. Chancellor A sanctioned Russian banker, Mikhail Klyukin, has recently sold over…
The Central Bank of Brazil Seeks Feedback on VASP Regulation The Central Bank of Brazil is seeking input from market participants and individuals on the regulation…
Celsius Network’s Bankruptcy Proceedings Lead to Partnership with Hut 8 As part of the bankruptcy proceedings of the Celsius Network, Hut 8, a leading North American…
Surging Legal Costs Amidst FTX Bankruptcy Proceedings The cryptocurrency exchange FTX is facing skyrocketing legal fees during its ongoing bankruptcy proceedings. Court filings have revealed that…
