US Trustee challenges FTX reorganization plan, citing legal concerns
The objections raised by the US Trustee and the creditor group are likely to play a significant role in the court’s deliberations.
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12 crypto experts’ tips for companies working with tokenized assets
For many consumers, dealing with certain industries — including finance and real estate — is a frustrating experience due to the vast amount of paperwork and red tape that comes with carrying out a transaction. Not surprisingly, the crypto industry has a tech-forward solution: tokenization. By representing real-world assets such as real estate, art, stocks

Signum Digital scores approval to offer security tokens in Hong Kong
Hong Kong’s Security and Futures Commission greenlights Signum Digital to offer security tokens in the city after inviting applications for virtual asset trading licenses. 155 Total views 2 Total shares Own this piece of history Collect this article as an NFTSignum Digital, a joint venture of Coinstreet and Somerley, has announced that it has received…

Riot Blockchain reports 1,540% increase in quarterly revenue from Bitcoin mining
Riot Blockchain netted $19.3 million in income for Q2 following its acquisition of Texas mining facility, Whinstone. 535 Total views 6 Total shares Major publicly-listed Bitcoin mining firm, Riot Blockchain, has reported record revenues for Q2 2021.In its Aug. 23 quarterly financial report, the U.S.-based firm reported $31.5 million in mining-related revenues for the three-month…

Metaplanet adds $67M in Bitcoin following 10-to-1 stock split
Japan-based Metaplanet has expanded its Bitcoin holdings, purchasing 696 BTC for 10.2 billion yen ($67 million), the company announced in an April 1 post on X. The investment lifts Metaplanet’s total Bitcoin stash to 4,046 BTC, valued at over $341 million at the time of writing. Source: Metaplanet Stock split targets investor accessibility The acquisition

Wirex announces multi-currency crypto card with support from Mastercard
Wirex’s new Mastercard-supported card will be linked to 19 crypto and fiat currency accounts in the Wirex app. Wirex — the first cryptocurrency platform to be granted a Mastercard principal membership — will release a new multi-currency card on the heels of the membership.Wirex is a London-based crypto payment processor and is regulated by the…

90% of businesses adopting blockchain technology, data
A new survey from CasperLabs found that despite education gaps, enterprise adoption of blockchain technology in the U.S., U.K. and China is set to increase in the next year. 368 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe crypto and blockchain space has had a turbulent past…

Ethereum price risks losing $4K on ‘rising wedge’ breakout fears
The potential price decline would also mark Ethereum's return to its Ascending Channel support. 2068 Total views 14 Total shares A selloff in Ether (ETH) on Nov. 16 has increased the chances of ETH's price falling below $4,000.ETH plunged 10% to around $4,100 on Tuesday, amid an ongoing market correction led by Bitcoin (BTC). In…

London Stock Exchange CEO Is Certain That Blockchain Can Be Used in Issuing, Settlement
The CEO of the London Stock Exchange (LSE), one of the world’s oldest stock exchanges, believes that blockchain could have a use in issuing securities and settlement. CNBC reported on the CEO Nikhil Rathi’s comments on May 2.Speaking in an interview, Rathi noted that distributed ledger tech (DLT) could potentially play a role in the…