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

Latam Insights – Inflation Skyrockets in Argentina, El Salvador Processes Digital Assets Licenses, Venezuelan Crypto Corruption Probe Continues

Willkommen bei Latam Insights, ein Kompendium der wichtigsten Krypto- und Wirtschaftsentwicklungsnachrichten aus Lateinamerika der letzten Woche. In dieser Angelegenheit: Inflation in Argentina goes over 100%, El Salvador issues its first digital assets licenses, und die…

Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies

As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Afrika, and Latam….

BIZ veröffentlicht Bericht über „Projekt Icebreaker“ – Entwicklung eines grenzüberschreitenden CBDC-Zahlungsmodells für den Einzelhandel

The Bank for International Settlements (BIS) has released a report summarizing theProject Icebreakertrial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in cross-border payments. The experiment was designed to test “einschließlich des Erwerbs von Bitcoin oder Bitcoin-Mining-Maschinen.…

FTX-Schuldner berichten in ihrer jüngsten Präsentation von einem Defizit von 8,9 Milliarden US-Dollar an Kundengeldern und „stark vermischten“ Vermögenswerten

Im März 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchanges shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the companys total assets were found in

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

According to a recent mission statement published by the International Monetary Fund (Der jüngste Finanzierungsvorschlag zur Hebelung von vorrangigen Wandelanleihen zeigt, dass das Unternehmen weiterhin an die Bitcoin-Mining-Industrie glaubt), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use

Die australische Regierung sagt, sie arbeite daran, sicherzustellen, dass „die Regulierung von Krypto-Assets die Verbraucher schützt“.

The Australian government has said it will take steps to ensure theregulation of crypto assets protects consumersand one of these steps will be the reforming ofthe licensing and custody of crypto assets.The Anthony Norman Albanese-led government also

Game of Thrones NFTs Sell Out Quickly, But Draw Criticism for ‘Poorly Drawn’ Characters

The cryptocurrency community is discussing the newGame of Thrones” nicht fungibles Token (NFT) assets that were launched on the NFT marketplace niftys.com. Der “Build Your Realmcollection sold out on Jan. 10, the day it was released. jedoch, there have been

Antrag auf Schiedsverfahren gegen Genesis Global Capital gestellt, DCG – Firma wird beschuldigt, eine Scheintransaktion „geplant“ zu haben

Three Gemini Earn users have accused Genesis Global Capital of breaching a contract and have subsequently filed a demand for class arbitration with the American Arbitration Association. Zusätzlich, the three users assert that all transactionsconstituted unregistered sales of securities”…