News Explorer — Celsius Plans to Poll Customers on Its Plans: Bloomberg
Bankrupt Celsius Network LLC has received approval from U.S. Bankruptcy Judge Martin Glenn to send ballots to account holders, seeking their input on the company’s plan to restart as a new user-owned entity. The approval is contingent on providing more information about the volatility of the crypto industry and potential challenges for its crypto mining operation. Celsius aims to start repaying creditors by the end of the year.
Source Article
The Block
Celsius Plans to Poll Customers on Its Plans: Bloomberg
Bankrupt Celsius Network LLC has received approval from U.S. Bankruptcy Judge Martin Glenn to send ballots to account ho… Read Summary
Source Article
Decrypt
Crypto Sleuth ZachXBT Avoids Lawsuit After Backing Off Claims Against NFT Trader
The defamation lawsuit brought against ZachXBT by Jeffrey Machi Big Brother Huang has been dropped. ZachXBT made alterat… Read Summary
Source Article
Decrypt
Institutional Investors Continue to Bet Big on XRP Following Ripple’s Partial SEC Win
Institutional investors continue to show interest in cryptocurrencies beyond Bitcoin, with Ripple’s XRP attracting signi… Read Summary
Source Article
Reuters
Sam Bankman-Fried Needs Depression, ADHD Meds in Jail, Say Attorneys
Sam BankmanFried, the founder of bankrupt cryptocurrency exchange FTX, is requesting access to medications for depressio… Read Summary
Source Article
Decrypt
Claude AI Developer Anthropic Raises $100M From South Korean Telco Giant SK
Anthropic, an AI startup, has secured $100 million in funding from SK Telecom (SKT), a leading player in the South Korea… Read Summary
Source Article
Decrypt
Bitcoin Miner Hut 8 Shares Plummet 8% After Disappointing Q2 Revenue Figures
Hut 8, a Toronto-based Bitcoin mining firm, saw an 8% drop in its shares after reporting disappointing Q2 earnings. The… Read Summary
Source Article
Aug 14, 9:48 am
Decrypt
FarmVille Creator Zynga Reveals First Ethereum NFT Game: Sugartown
Zynga, the game publisher known for popular titles like FarmVille and Words With Friends, has announced its first blockc… Read Summary
Source Article
Aug 14, 8:57 am
Decrypt
Coinbase Rolls Out Crypto Services in Canada
Coinbase is expanding its presence in the North American market by launching in Canada. The exchange will offer Canadian… Read Summary
Source Article
Aug 14, 8:08 am
Decrypt
HBAR Surges 16% as FedNow Adds Hedera Project Dropp to ‘Service Provider Showcase’
Dropp, a micropayments platform built on Hedera Hashgraph, has been added to the Federal Reserve’s showcase for its FedN… Read Summary
Source Article
Aug 14, 7:38 am
Decrypt
Bitcoin Frontier Fund Launches Accelerator to Boost Ordinals Adoption
The Bitcoin Frontier Fund, led by Trevor Owens, has launched an accelerator program focused on Ordinals, a Bitcoin-based… Read Summary
Source Article
Aug 14, 7:04 am
Decrypt
Maker Protocol Revenues Hit 2-Year High of $165M as Interest Rates Soar
The supply of DAI stablecoin has reached a 5-month high of 5.35 billion, with users like Justin Sun and OlympusDAO rushi… Read Summary
Source Article
Aug 14, 6:01 am
Decrypt
MetaMask, Banxa Roll Out ‘1-Click’ Crypto Buys With Apple Pay
MetaMask users can now buy Ethereum and other cryptocurrencies using Apple Pay’s 1-click service, thanks to an updated i… Read Summary
Source Article
Aug 14, 3:26 am
The Block
CocaCola Launches Masterpiece NFT Collection on Coinbase’s Ethereum Layer-2 Network
CocaCola has launched its Masterpiece NFT collection on Coinbase’s Ethereum Layer-2 network, featuring classic and moder… Read Summary
Source Article
Aug 14, 3:33 am
Decrypt
Pro-Bitcoin Candidate Javier Milei Wins Top Spot in Argentina’s Primary Election
In Argentina’s primary election, pro-Bitcoin and libertarian candidate Javier Milei secured the top spot with over 30% o… Read Summary
Source Article