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BlockFi, a U.S. cryptocurrency lender, files for Chapter 11 bankruptcy and will fire around 200 employees

The U.S. District of New Jersey has received a Chapter 11 bankruptcy reorganization filing from cryptocurrency lender BlockFi Inc

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Crypto News

Kraken settles charges of Iran sanctions by paying the US Treasury more than US$360,000

The U.S. Treasury Department stated that American cryptocurrency exchange Kraken had agreed to pay more than US$362,000 to resolve allegations that it had.

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Bitcoin News

Top 10 cryptocurrencies decline as BlockFi declares bankruptcy

As U.S.-based cryptocurrency lender Blockfi filed for bankruptcy overnight, causing another victim of this month's collapse of the FTX exchange, Bitcoin and Ether.

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Crypto News

Nigeria wants to distinguish between cryptocurrency and digital assets

According to a Bloomberg report, Nigeria wants to promote the trading of digital assets, but like some Asian nations, it is making a.

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Crypto News

Justin Sun and Vitalik To Invest $2Billion In Wrapped Ethereum Foundation

The quote from Justin Sun, the creator of Tron, that he and Vitalik, the co-founder of Ethereum, will invest $2 billion was retweeted.

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Crypto News

Prosecutors in South Korea warn that Terra-Luna cofounder Daniel Shin may be charged with fraud

In spite of repeated warnings from financial regulators that doing so was illegal, Terraform Labs Pte. cofounder Daniel Shin promoted the now-defunct Terra-Luna.

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Crypto News

According to Changpeng Zhao, Binance’s verification of reserves involves “no negative balances”

Binance's founder and CEO, Changpeng Zhao, stated on Saturday that the exchange's proof of reserves (PoR) have "absolutely no negative balances involved" following.

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Crypto News

An Australian finance company introduces the AUDE stablecoin

The first transaction on Ettle Pty Ltd.'s freshly released AUDE stablecoin, which is tethered to the Australian dollar, has been completed.

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Bitcoin News

Little change in Bitcoin; Dogecoin is leading the group

Following a relatively quiet few days of trading during the Thanksgiving holiday in the United States, Bitcoin was little changed in Monday morning.

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Crypto News

SBF Donated $1 Million to Republicans Prior to FTX Collapse

On October 27, FTX US gave Senate Republican Leader Mitch McConnell a $1 million donation. Over 100 FTX-affiliated businesses, including its US division,.

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