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Bankrupt crypto lender BlockFi has made a significant decision to seek court authorization for the liquidation of its lending business. This move comes after unsuccessful attempts to sell the lending platform to third parties. In a document…

In a surprising turn of events, Changpeng Zhao (CZ), the CEO of Binance, has made a subtle move on Twitter by unfollowing Elon Musk, the CEO of Tesla. While this action may seem insignificant to some, it has ignited a flurry of speculation…

The US Congressional Budget Office (CBO) has recently published a report suggesting a significant risk of the US government failing to meet all its financial obligations. The report states that this could happen as early as June. This…

A U.S. judge has granted permission for bankrupt crypto lender BlockFi to return $297 million to customers with deposits held in its Wallet program. The return of funds does not apply to BlockFi Interest Accounts (BIA) users, as funds in…

New York state officials have proposed amendments to allow residents to settle bail bonds with stablecoins. Assembly Bill 7024 seeks to establish a system for the administration of stablecoins to secure bail. However, the officials did not…

On another memetic day in the world of non-fungible tokens (NFTs), the Milady project got a lot of attention. The Milday NFT collection and its associated token $LADYS experienced a massive surge in value. This increase followed a tweet…

Bittrex Inc., one of the largest crypto exchanges in the U.S., has filed for Chapter 11 bankruptcy protection for its U.S.-based operations. The move comes after the Securities and Exchange Commission (SEC) accused it of operating an…

The crypto market is known for its volatile nature, and the latest victim of this volatility is Pepecoin (PEPE), a trending memecoin that has lost more than half of its value in just four days. PEPE, which saw a meteoric rise in its price…

On May 3, 2023, North Carolina’s House of Representatives passed a bill banning government entities from accepting Central Bank Digital Currencies (CBDCs). The vote, which saw 118 House members in favor and only two abstentions, marked the…

MicroStrategy, a business intelligence company co-founded by Michael Saylor, has been a leading corporate investor in Bitcoin. Since August 2020, the firm has purchased the primary cryptocurrency each quarter, accumulating a total of…