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

US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

2023 has been a rollercoaster ride for the U.S. l'industrie banquaire. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a

La valeur verrouillée dans Defi maintient la ligne à 50 milliards de dollars, Après avoir temporairement perdu 8 milliards de dollars à la mi-mars

The total value locked (TVL) dans la finance décentralisée (défi) during the first week of April is about $50 milliard, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as

Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn

BK, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’sHashKey Fintech Investment IIIis dedicated to developing crypto solutions, technologie blockchain, and Web3 concepts….

Defi More Scalable Than Traditional Finance, New Study Says

Despite the market conditions that prevailed in much of 2022, finances décentralisées (défi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak

Signaler: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets

According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting to recover the funds from Genesis, according to FT’s sources. Signaler…

Signaler: Crypto Financial Services Firm Matrixport Seeks $100 Millions de financement

Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 milliard….

L'économie Stablecoin continue de se dégonfler - La capitalisation boursière de l'USDC est réduite $6.7 milliards en 83 Jours

Just over two months or approximately 83 il y a quelques jours, the stablecoin usd coin (USDC) had a market valuation of around $55.52 milliards et depuis lors, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market

Le prince héritier de Dubaï lance une stratégie de métaverse - Augmentation quintuplée des sociétés de blockchain et de métaverse envisagées

Un plan directeur qui vise à voir le nombre de Dubaï’s les entreprises de blockchain et de métaverse se développent à partir de l'actuel 1,000 à 5,000 dans cinq ans, a été lancé récemment par le royaume’s Prince héritier Sheikh Hamdan. Connue sous le nom de stratégie de métaverse de Dubaï,…

Félix augmente son capital $600 Million pour accroître l'exposition Web3

Félix Capital, une société de capital-risque basée à Londres, a soulevé $600 millions lors de sa quatrième levée de fonds, ceci étant son plus grand encore. L'entreprise, qui a investi dans des startups de commerce et d'outillage financier, is planning to use part of the funds raised to