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Canada Tightens Requirements for Crypto Trading and Prohibits Stablecoins

Stephen Causby Feb 23, 2023 0 Comments

The country’s watchdog issued tighter requirements that crypto asset trading platforms (CTPs) must fulfill when seeking registration in the country.…

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Court Reports Indicate Celsius’s Risky Business Operations

Curtis Dye Feb 23, 2023 0 Comments

In its most recent bankruptcy filing, Celsius, a digital lending platform, was depicted as an enterprise in chaos in a…

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Web3-based Wallet Bitski Launching Mobile-Compatible Version and Browser Extension

Stephen Causby Feb 23, 2023 0 Comments

Web3-based Bitski revamped its offering by introducing a mobile-compatible version to onboard more individuals. Bitski's recent statement revealed plans to…

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US Senators Criticize SEC Over Hostile Approach To Crypto Industry

Bradley Nelson Feb 16, 2023 0 Comments

An excerpt shared by Twitter user @801_XRP from a recent meeting by the US Senate Banking Committee on its hearing…

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Celsius Enters an Acquisition Deal With NovaWulf

Andrew Richard Feb 16, 2023 0 Comments

On Wednesday, bankrupt crypto lending firm Celsius revealed that it had selected digital asset investment company Novawulf to help end…

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Celsius Seeks to Raise Over $14M by Selling BTC Mining Credits and Coupons

Andrew Richard Feb 11, 2023 0 Comments

Celsius, a crypto lender recently declared bankrupt, is looking to raise funds to repay its creditors by selling credits and…

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Crypto Lending Firm SALT Nets $64.4M to Resume Business Operations

Stephen Causby Feb 9, 2023 0 Comments

SALT announced reopening business operations following their suspension after the calamitous FTX collapse in November 2022. The firm announced raising…

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Bitcoin Mining Reaches $24M Revenue As Analysts Project Stabilization For The Industry In 2023

Bradley Nelson Feb 2, 2023 0 Comments

Bitcoin mining has been a volatile industry for the past few years, with many miners needing help to keep up…

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Celsius Accused Of Using New Customers Funds To Settle Past Withdrawals

Jimmy Kelly Jan 31, 2023 0 Comments

Digital asset platform Celsius is facing allegations of using new customer funds to pay for previous withdrawals. An independent examiner's…

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Celsius To Retrieve And Store 20,000 Mining Rigs From Bankrupt Core Scientific

Bradley Nelson Jan 26, 2023 0 Comments

Court has approved the bankrupt Celsius network to retrieve its mining rigs from the Core Scientific hosting platform. It would…

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Celsius Announces Plan to Issue a New Token to Reimburse Creditors

Jimmy Kelly Jan 25, 2023 0 Comments

Insolvent crypto lending platform Celeius, announced today that it will be repaying its creditors by issuing a new token. The…

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Bankrupt Bitcoin Miner BlockFi Selling $160M Mining Rigs

Stephen Causby Jan 24, 2023 0 Comments

The now-bankrupt crypto lender BlockFi has announced the sale of 68000 collateralized Bitcoin mining machines worth $160M. The bidding process…

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Crypto Chaos: Industry Faces Turmoil as Firms Collapse and Losses Mount

Alexander Fyodorov (Ukraine) Jan 19, 2023 0 Comments

The crypto industry is facing several challenges, including the loss of customer trust, lack of proper oversight and regulation, and…

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FTX’s Collapse May Improve Investors’ Trust In Crypto Tech – Nomura Executive

Bradley Nelson Jan 9, 2023 0 Comments

Jez Mohideen, the CEO of Laser Digital, stated the massive influx of traditional financial firms would help to regulate the…

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Celsius Network Founder Sued for Defrauding Investors

Stephen Causby Jan 6, 2023 0 Comments

Alex Mashinsky, the founder of Celsius Network, faces allegations of defrauding the investors of substantial amounts. The charge initiated by…

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Silvergate Restates Faith In Crypto Despite Q4 Withdrawal Drop – Report

Bradley Nelson Jan 5, 2023 0 Comments

As withdrawals spiked following the demise of industry titan FTX, top asset management firm Silvergate Capital Corp reported a steep…