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High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis.
Cryptocurrency bankruptcy lawyers and advisers at major law firms have amassed over $700 million in fees from significant cryptocurrency bankruptcy cases. Recent years have seen severa...
3 months ago
The Ethereum layer-2 solution is leveraging Chainlink for blockchain interoperability and real-world price data.
On May 29, Ethereum layer-2 network Celo announced the integration of Chainlink’s CCIP protocol for cross-chain interoperability. Celo’s executive director, Eric Naka...
3 months ago
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins, showing her commitment to building trust and integrity within the cryptocurrency community.
Pop star and newly-minted crypto star Iggy Azalea announced she will burn her own coins whenever a celebrity coin is identified as a scam (a “rug”). Her strategy is to buil...
3 months ago
AI company Rabbit denied Coffeezillaâs claims that the firm was not forthright about the open-sourcing of its past NFT project.
In this week’s newsletter, read about footballer Cristiano Ronaldo’s latest nonfungible token (NFT) collection and the new StepN Go app, which allows users to earn tokens w...
3 months ago
The government department outlined potential concerns with the NFT market, including terrorist financing, theft, and funding nuclear proliferation.
The United States Treasury Department has released its first-ever finance risk assessment for nonfungible tokens (NFTs) in an attempt to provide regulators with greater insight into potential ri...
3 months ago
Gemini has announced a $2.18-billion distribution to its Earn program users 18 months after it suspended withdrawals.
Crypto exchange Gemini has kicked off the process of reimbursing users of its now-defunct lending program, Earn. According to an announcement, Gemini’s Earn users were ...
3 months ago
The new crypto derivatives product allows investors to speculate on future hashrates and hashprices.
Bitcoin mining firm Luxor Technology Corporation and Bitnomial Inc. have launched a Bitcoin mining derivative product on Bitnomial’s United States derivatives exchange.
3 months ago
PayPalâs PYUSD stablecoin is now available on Solana and Ethereum, offering a chain-agnostic experience for its users.
PayPal has chosen the Solana blockchain to expand its stablecoin, PayPal USD, marking its first move beyond the Ethereum ecosystem. According to an announcement on May 28, PYUSD has be...
3 months ago
The ARK Invest CEO praised the Central American country for being an âoasisâ for Bitcoin and AI adoption.
El Salvador could see its gross domestic product (GDP) increase tenfold over the next five years if it stays with its Bitcoin and artificial intelligence adoption plan under Nayi...
3 months ago
The Thai government has announced a new visa class for remote workers that can be extended for up to 360 days, but details on income and tax liabilities are unclear.
Thailand’s government has announced a new visa class aimed at digital nomads and freelancers that could reportedly allow them to work in the country for nearly a year, but details on possi...
3 months ago
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