Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval
Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings.Source
Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings.Source
Bitcoin prices fell suddenly late on Thursday amid reports of hundreds of millions in sales, triggering a bloodbath across futures and spot markets.Source
Crypto markets cratered late Thursday with bitcoin (BTC) dropping as low as $25,000 on the crypto exchange Binance.Source
They would join bitcoin futures ETFs that are already approved.Source
A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service.Source
In this week’s issue, we cover Coinbase’s launch of “Base,” a layer-2 network atop Ethereum, along with the crypto community’s reaction to PayPal’s new stablecoin and the brouhaha over Matter Labs’ use of Polygon-crafted open-source software. The Protocol is CoinDesk’s weekly newsletter devoted to blockchain and crypto technology.Source
The exchange expanded its services in Canada earlier this week.Source
A federal judge will let the U.S. Securities and Exchange Commission file a motion that, if granted, would allow it to appeal a ruling that XRP transactions through exchanges didn’t violate securities laws.Source
Payments giant Mastercard has created a forum where crypto industry players can discuss and collaborate on central bank digital currencies, injecting its influential voice into the CBDC conversation as nations around the world consider whether to digitize their money.Source