Celsius Wants to Postpone Deadline For Claims As Legal Fees Top $53M

Celsius Network, a bankrupt cryptocurrency lender, intends to file a motion to extend the deadline for users to submit claims by another month. The cryptocurrency community has grown impatient, noting that Celsius’ legal fees have continued to increase and are…

Novogratz’s Galaxy Digital Saves Argo From Bankruptcy With $100M Mining Rig Acquisition

Michael Novogratz’s crypto-focused financial services firm, Galaxy Digital, will purchase Argo’s Helios Bitcoin (BTC) mining facility and provide an additional $35 million loan to assist with restructuring efforts. This was announced in an official press release issued by Argo Blockchain.…

One of largest crypto miner public company files for Bankruptcy

FTX bankruptcy has created a havoc in the crypto space and it’s taking lot of dependencies down with them. Crypto mining companies have faced downhill, particularly if they purchased miners using funds raised during the peak bull run without considering…

Solana takes a massive plunge and rumor says a story

Solana has had a significant decrease in popularity and value following the collapse of FTX and the ongoing bear market. There have been reports on social media about reduced development on Solana, but the Solana team has denied these claims…

The FTX Timeline, a Lesson on Fear and Greed

FTX was once perceived as a juggernaut in the crypto space.  Its founder and CEO, Sam Bankman-Fried, was once touted to be crypto’s white knight in the ongoing bear market. But Sam’s charm and billions all turned to dust after…

Ethereum Creator Vitalik Blogs About Amazing Blockchain Applications

 VitaliK Buterin, co-creator of Ethereum (ETH), shared five things that excite him about the blockchain in a blog post.  He focused on Crypto and ETH applications that addressed real-world needs. Buterin, a Russian-Canadian programmer, published the Ethereum white paper in…

Crypto Twitter Is Bewildered By SBF’s $250M Bail and Return to Riches.

Crypto Twitter appears to be upset with Sam Bankman-Fried’s $250 million bail bond, which allows him to spend Christmas in his parents’ Palo Alto home without paying a single dime. The former FTX CEO arrived in New York from the…

Stablecoin Settlements Could Surpass Visa and All Major Card Networks In 2023

Stablecoins are extremely important in today’s crypto economy, and despite the recent drop in the broader market, stablecoin volumes continue to dominate most exchanges. $7 Trillion In 2022 According to Coin Metrics data, on-chain stablecoin settlements surpassed $7 trillion in…

FTX’s Sam Bankman-Fried Finally Extradited to the US to Face Criminal Charges

A plane carrying Sam Bankman-Fried, the former CEO of FTX, has arrived in the United States from the Bahamas, where he is facing fraud charges related to the collapse of the crypto exchange, which wiped out billions in valuations. Wednesday…

FTX Fallout Affecting Sports Sponsorships

4 Billion people all over the world watched the world cup final on Sunday for the love of the sport The pomp and color made for a great showing as fans screamed their lungs out every time Lionel Messi or…

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