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Bybit join forces with luxury watchmaker03

09 Jun 23

Bybit join forces with luxury watchmaker, Franck Muller, in a co-branding deal

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bybit, the world’s third most visited crypto exchange based in Dubai, has announced a collaboration with Franck Muller, a Swiss luxury watch manufacturer to form a co-branding partnership. Cutting-edge technology meets timeless craftsmanship The partnership aims to showcase the synergy between […]

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30 May 23

US debt ceiling deal cancels 30% bitcoin mining tax

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A tentative deal aimed at averting a US government default on its debts has relieved cryptocurrency miners, particularly bitcoin (BTC) ones. Ohio Representative Warren Davidson has revealed that the proposed agreement includes removing a controversial tax on the energy consumption of […]

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14 Apr 23

Tim Beiko says Shapella upgrade excellent deal for staking

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tim Beiko was a guest on the podcast “Unchained” hosted by Laura Shin, where he highlighted the influence of the Shapella update for ethereum on the decentralization of the network and validator staking. Since validators can now remove their stakes from […]

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02 Apr 23

Celsius submits chapter 11 reorganization plan centered on NovaWulf deal

Celsius Network, the bankrupt cryptocurrency company, filed its chapter 11 reorganization plan in the late hours of March 31, 2023, built around NovaWulf Digital Management, an SEC-registered investment manager. Celsius submits chapter 11 restructuring plan The announcement was made by the Celsius Official Committee of Unsecured Creditors, pointing this as a significant step in the company’s efforts […]

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24 Mar 23

Huobi exchange inks partnership deal with Copper

Huobi and Copper have partnered with Copper to join the ClearLoop Network. The integration will make it possible for the institutional clients of both firms to delegate capital for trading on Huobi while their assets remain under Copper’s secure custody. Huobi, the world’s 13th-largest digital assets trading venue, according to CoinMarketCap, has inked a memorandum […]

03 Feb 23

Core Scientific strikes a deal with NYDIG to see off $38.6 million debt

Amid its current bankruptcy proceedings, crypto miner Core Scientific has agreed with NYDIG to pay down its $38.6 million debt by giving over about 27,403 computers that were used as security. The motion was filed to Southern District U.S. Bankruptcy Court for Texas on Thursday. It aimed to seek the go-ahead from the company, stating that […]

23 Dec 22

Details of $250 million bond deal behind ex-FTX boss release

The troubled founder of FTX, Sam Bankman-Fried, was released from a New York court today after reaching a bond agreement deal worth $250 million. He is currently awaiting trial for charges related to fraud and other criminal offenses. He left the U.S. District Court in Manhattan with his parents after the equity in his family […]

22 Dec 22

Alameda Research’s Caroline Ellison avoids potential 110 sentence with plea deal

Caroline Ellison, former CEO of Alameda Research, could potentially avoid all seven counts of allegations against her in the ongoing FTX investigation through a plea deal with the Office of the United States Attorney for the Southern District of New York. The deal, which was published on December 21, states that Ellison will only be […]