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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Ether staking is too difficult, community members claim
Some are arguing that it would be healthy to admit that Ether staking is not for everyone yet. 158 Total views 4 Total shares After the Ethereum network’s transition to proof-of-stake (PoS), staking Ether (ETH) now plays a central role in validating blocks and securing the network. However, some community members believe that the staking…
ShapeShift’s New Non-Custodial Exchange Supports Hardware Wallets
Switzerland-based crypto exchange ShapeShift has launched its new non-custodial crypto platform operating across multiple blockchains, the firm announced in a press release shared with Cointelegraph on July 8.The new ShapeShift platform offers an integrated suite for digital asset management, enabling an end-to-end tool for secure storing, buying, selling, trading, and tracking cryptos, the company stated.The…
Dash introduces protocol versioning in update
Getting closer to the testnet. 3327 Total views 19 Total shares The Dash platform will be introducing protocol versioning and other new features in its latest update. Dash announced its fourth update over the weekend. The platform normally releases new functionalities every six weeks, so the next update is expected between October 6 and 20. Dash said…
Fetch.ai (FET) ignores the Bitcoin-led market meltdown by notching a 60% gain
FET price spiked by 60% in an otherwise red market thanks to a growing number of real-world use cases and protocol upgrades. 1754 Total views 32 Total shares The real-world adoption of blockchain technology is a slowly developing process that requires the right use cases and a willing public who are open to new experiences…
Dave Portnoy Says He’ll Be a Crypto Millionaire by September
Davey Day Trader crowned himself the king of Bitcoin. Barstool Sports founder Dave Portnoy, a fresh player in the crypto trading arena, recently estimated that he will receive millions of dollars in upcoming Bitcoin (BTC) trading profits."I'm up 100 grand in Bitcoin — in a week," he said, noting positions in Ethereum and other crypto…
Court stays order in SEC v. Coinbase case pending appeal
Judge Katherine Failla granted Coinbase’s request for an interlocutory appeal, citing different courts’ interpretations of what constituted a security under the SEC’s purview.
Turkish Bank’s Blockchain Platform for Digital Gold Transfers Goes Live
Turkey's Istanbul Clearing, Settlement and Custody Bank (Takasbank) announced that its blockchain-based, physical gold-backed transfer system is now live.Turkish Takasbank launched BiGA Digital Gold to provide banks with a blockchain-based system for the issuance, repayment and transfer of digitized gold, according to an announcement on Dec. 30. The BiGA system — first announced in September 2019…
‘Major catalyst’ needed to send Bitcoin price to a new ATH, says analyst
Dan McDermitt from TheChartGuys says Bitcoin’s growth over the past month has been impressive but a "major catalyst" is needed if BTC is to reach a new all-time high. 1266 Total views 80 Total shares The cryptocurrency market has been on a tear over the last month as Bitcoin price climbed 73% from a low…