Celsius Wallet's $36 million Ethereum deposit into exchanges amid restructuring reflects ongoing efforts to address financial woes. Despite founder legal issues, a court-approved plan introduces "NewCo" for fund generation. Unstaking activities aim to ensure timely distributions to creditors, emphasizing commitment amid intricate challenges.
Cheng YuanAnimoca Brands in a statement on Thursday said it had around $3.4 billion in assets, including $194 million in cash and stablecoins, and $2.7 billion worth of "off-balance sheet token reserves".
OthersSecurity companies set up the Trust Army — public goods community for Web3 trustworthy that teaches basic security rules to those new to crypto.
BeincryptoEl Salvador officially made Bitcoin legal tender in September 2021; since then, the Latin American country has placed BTC near the center of its economic growth strategy.
CointelegraphIt's unclear at the time of publication whether there will be any recourse for investors in recovering the lost funds.
Cointelegraph
BitcoinistBitcoin price action steadies, but things still look ugly for those with major skin in the game.
CointelegraphSome analysts expect something to happen to Bitcoin in the near future, when all the institutional selling is over and money is pouring into the market.
CointelegraphInflows into bitcoin and ethereum investment products continue to rise as institutional investors re-accumulate.
CointelegraphMore pain for both crypto and stocks on May 6 as traders see no hint of a relief rally coming so far.
Cointelegraph