FTX plans full creditor reimbursement, leveraging crypto market gains for up to 118% repayment. Swift disbursements and asset liquidation demonstrate commitment to stability and accountability, setting a precedent for digital finance recovery.
EdmundBNP Paribas buys 1,030 shares of BlackRock's IBIT, marking institutional interest in Bitcoin ETFs despite past reservations. This signals growing validation for crypto investments amid market shifts.
EdmundIOSCO advises global jurisdictions on regulating DeFi, focusing on identifying responsible individuals and addressing conflicts of interest.
EdmundLondon-based Fnality, a blockchain payments firm, raises $95 million in a funding round led by Goldman Sachs and BNP Paribas. Other participants include DTCC, Euroclear, Nomura, and WisdomTree, as well as banks from Fnality's 2019 funding round. The company tokenizes fiat currency backed by central bank-held cash.
Xu LinA42x Ltd. has embarked on an exciting joint venture with Sharp Corporation, harnessing the authentication and authorisation infrastructure of 'Myna Wallet' to pioneer a cutting-edge user identification system. This exciting partnership leverages Sharp Corporation's AI technology to enable user identity verification (authentication) and authorisation, granting access to specific actions based on user-owned NFTs and other data.
JoyIn addition to the previously reported group of Gemini customers owed $900 million, there are two other groups of Genesis creditors being represented by lawyers.
CoindeskMastercard pushes deeper into crypto with new tool for combating fraud.
OthersHodlnaut is one of the latest companies struggling with insolvency issues. The crypto winter of the year gave a terrible ...
BitcoinistHodlnaut, a cryptocurrency lender and borrower based out of Singapore has recently filed an application for judicial management. This shall ...
BitcoinistThe amount is likely understated as many of 3AC's borrowing details remain confidential.
Cointelegraph