Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan
BlockFi was granted a 48-day extension by a New Jersey bankruptcy judge to submit an exit plan, exploring a potential sale of company assets and restructuring.
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Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report
Despite crypto market turbulence, active contributors across Bitcoin, Ethereum, and Solana’s top projects have increased by an average of 71.6% per year since January 2018, according to a new report.The findings come from an August 2 report sent to Cointelegraph by technology investment firm Telstra Ventures, which found that Solana had the most significant annual increase…

Coinbase and Circle-Backed Stablecoin USD Coin Breaks $1B Market Cap
Launched by the Centre Consortium in October 2018, USD Coin reached a $1 billion market cap in 21 months. 413 Total views 22 Total shares USD Coin (USDC), a stablecoin project founded by Coinbase and Circle, has hit a major milestone in market capitalization.On July 3, 2020, USDC market cap broke the $1 billion threshold…

Block.one secures funding for $10B EOS-based crypto exchange platform
The EOS-based Bullish Global crypto exchange platform is expected to go live later in the year. 2965 Total views 13 Total shares Blockchain software firm Block.one has announced plans to launch a cryptocurrency exchange subsidiary.According to a release published on Tuesday, the platform — dubbed “Bullish Global” — will run on the EOS blockchain.As part…

Bitcoin daily losses near $4K as S&P 500 hits 69th all-time high of 2021
A Christmas party for stocks masks "a massive amount of weakness," one commentator warns, as Bitcoin sentiment votes with its feet. 831 Total views 23 Total shares Bitcoin (BTC) dropped nearly $4,000 on Dec. 28 as the market offered a sharp reminder that the bull run would need to wait. BTC analysts eyes $44,000BTC/USD 1-hour candle…

Cryptocurrency Exchange OKEx Delists XMR, DASH, ZEC, ZEN, SBTC
Cryptocurrency exchange OKEx announced the end of Monero (XMR), DASH, Zcash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) trading as of today, Oct. 10.Per the Oct. 2 announcement, the assets have been delisted today. A previous version of the announcement was published on Sept. 10. That being said, since then the support for privacy coins…

Binance acquires 100% of Indonesian Tokocrypto after initial investment in 2020
This is the third licensed Asian cryptocurrency exchange Binance has bought this year as it expands its global reach; the company had shown signs of struggling. 1221 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTBinance has acquired Indonesian crypto asset trader Tokocrypto, according to local reports on…

Bitpanda secures third MiCA license in home jurisdiction of Austria
Bitpanda secures its third MiCA license, in Austria, expanding its regulatory footprint across the EU as questions emerge over multi-license necessity. 943 Total views 3 Total shares Austrian fintech unicorn Bitpanda has secured its third license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework, further expanding its regulatory footprint across the bloc. Bitpanda

Traders search for bearish signals after Bitcoin futures enter backwardation
An unusual phenomenon called 'backwardation' is taking place in Bitcoin (BTC) futures trading, mainly the June contract, which expires on June 25. The fixed-month contracts usually trade at a slight premium, indicating that sellers request more money to withhold settlement longer. Futures should also trade at a 5% to 15% annualized premium on healthy markets, in…