The FTX Debtors File Amended Chapter 11 Plan of Reorganization The FTX Debtors estate, led by CEO John Ray III and the lawyers of Sullivan &…
SafeMoon Files for Bankruptcy After Founder and Executives Are Indicted on Fraud Charges SafeMoon, a blockchain firm, has made the decision to file for Chapter 7…
Update On Ripple’s Support for Central Bank Digital Currencies (CBDCs) Ripple released a comprehensive white paper on December 14, reaffirming its strong support for CBDCs. The…
Bank of China Hong Kong Completes First Digital Yuan-Based Trade The Bank of China Hong Kong, the second largest bank in the region, has made history…
A US bank is ordered to pay millions in fees for illegal practices An American bank, Atlantic Union Bank, has been ordered by the Consumer Financial…
Ripple, a blockchain-based digital payments company, recently released a whitepaper emphasizing its support for central bank digital currencies (CBDCs). The 23-page document provides an overview of…
The Success of Kazakhstan’s Digital Tenge The digital tenge, Kazakhstan’s central bank digital currency (CBDC), has completed a successful pilot project. Plans for 2024 include various…
DeFi Protocol SafeMoon Files for Bankruptcy Amid Fraud Allegations SafeMoon, a decentralized finance (DeFi) protocol, has sought Chapter 7 bankruptcy protection in response to fraud accusations…
Crypto Firm SafeMoon Files for Bankruptcy In a recent development, crypto firm SafeMoon has filed for Chapter 7 bankruptcy, also known as “liquidation bankruptcy.” This move…
