Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit

Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities

Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees

In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in unconfirmed transactions has resulted in a staggering 343% increase in transaction

Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making

A lawyer has explained why the U.S. Wertpapier- und Börsenkommission (SEK) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,“, betonte er. Lawyer

Voyager Digital Provides Update on Reimbursement Plan for Creditors

Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributionswithin the next few weeks.This update comes nine days

Brazil Bans Telegram Temporarily Due to Alleged Lack of Collaboration in Fight Against School Violence

A federal judge in Brazil has ordered the temporary suspension of Telegram in the country and established hefty fines due to the supposed lack of collaboration of the company in a national crusade against school violence. Telegram failed to deliver information

Golden Gate (GGX) Developer Insights and Novel DeFi

PRESSEMITTEILUNG. Golden Gate (GGX) is a novel interchain infrastructure protocol that eliminates Layer 0 communication friction by delivering protocol-agnostic communications and more secure liquidity transfer. Golden Gate mediates interchain communication via the Incentivized Message Delivery Protocol (IMDP), which uses a

Prüfbericht: Die koreanische Zentralbank erhält das Recht, Unternehmen mit virtuellen Vermögenswerten zu untersuchen, nachdem die Finanzaufsicht den Widerstand fallen gelassen hat

The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. Laut einem Bericht, the FSC dropped its opposition to the central bank’s

Gold rutscht aufgrund höherer US-Treasury-Renditen ab, Dollar

Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and

Wirtschaftswissenschaftler und Politikwissenschaftler widerlegen Behauptungen über den Niedergang des US-Dollars trotz Trend der De-Dollarisierungsnachrichten

Dieses Jahr, In einer Welle von Enthüllungen im Zusammenhang mit dem BRICS-Block gab es eine Flut von Nachrichtenberichten und Leitartikeln, in denen ein angeblicher Entdollarisierungstrend diskutiert wurde. In einem aktuellen Artikel, betonte der amerikanische Politikwissenschaftler und Autor Ian Bremmer…