Month: September 2023
Celsius Creditors Greenlight Reorganization Plan
Reading time: < 1 minuteThe majority of creditors impacted by the bankruptcy of Celsius have backed the proposed reorganization plan for the crypto lending platform.
Bitcoin Will Not Be Affected by Stronger US Dollar: Expert Says
Reading time: < 1 minuteConcerns about the impact of a stronger US dollar on BTC may not be as significant as previously thought, particularly in the long run.
MicroStrategy Adds 5,445 Bitcoins to Company’s Holdings
Reading time: < 1 minuteBetween August 1 and September 24, MicroStrategy, led by Michael Saylor, bought 5,445 Bitcoins for $147.3 million, at an average cost of $27,053 per Bitcoin.
Mike McGlone: Bitcoin Will Slide to $25K
Reading time: < 1 minuteAccording to Bloomberg Intelligence strategist Mike McGlone, Bitcoin could face increased pressure from the US Federal Reserve until the end of 2023.
Crypto Exchange HTX Loses $8M Due to Hacker Attack
Reading time: < 1 minuteHuobi (formerly known as HTX) was hacked last Sunday, resulting in a loss of approximately 500 ether (ETH), equivalent to around $8 million.
FTX Demands Return of $157.3M from Employees of Hong Kong Division
Reading time: < 1 minuteThe management team of FTX has taken legal action against former employees of its Hong Kong subsidiary, seeking the restitution of $157.3 million that was fraudulently withdrawn.
Hackers Withdraw $200M from Mixin Network
Reading time: < 1 minuteA yet unidentified individual breached the security of cloud service provider Mixin Network and siphoned off around $200 million worth of digital assets on September 23.
Polkadot Plans to Increase Number of Parachains from 100 to 1,000
Reading time: < 1 minuteParity Technologies is planning to increase the number of parachains from 100 to 1000 after updating the “asynchronous collateral.”
Binance Will Stop Stablecoin Transactions in Europe
Reading time: < 1 minuteIn line with the implementation of the European Union’s digital asset legislation (MiCA), Binance has committed to discontinuing the use of stablecoins by June 2024.
Lumerin Plans to Launch a Decentralized Bitcoin Hashpower Marketplace on Arbitrum
Reading time: < 1 minuteThe Lumerin project is planning to launch a decentralized marketplace for Bitcoin mining hashrate, using Arbitrum One network.
