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MCADE03

15 Jun 23

Prime Trust subsidiary files for bankruptcy in the US

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Banq, a subsidiary of the Nevada-based crypto custodian Prime Trust, has filed for bankruptcy in a US bankruptcy court in Nevada, shortly after BitGo signed a letter of intent to purchase Prime Trust’s parent company. Banq files for bankruptcy with $5 […]

14 Jun 23

Binance’s Cyprus unit files for deregistration

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Cyprus branch of the global cryptocurrency exchange, Binance, has submitted an application to withdraw its registration as a crypto asset service provider, according to the country’s securities regulator. According to Reuters, the regulator disclosed this information but did not provide […]

BitClout 2.003

30 May 23

Kellogg’s files for 12 trademarks that may connect to metaverse tech

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Kellogg’s, the U.S. cereal giant, may have taken a step into the world of non-fungible tokens (NFTs) by filing twelve trademarks for its iconic brands. The filings, submitted to the U.S. Patent and Trademark Office (USPTO) on May 24, 2023, may […]

Bluelight – economic strategy2

24 May 23

Ripple defense attorney files motion to withdraw from SEC case

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Kylie Chiseul Kim, a key defense attorney for Ripple Labs in its ongoing litigation against the SEC, has submitted a motion to withdraw from the case due to her departure from the law firm representing Ripple. In a development from the […]

crypto news pen and contract are on the metal table blurry office background dark tones sixties retro futuristic illustratio

09 May 23

Grayscale launches Funds Trust, files for three new crypto ETFs

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a move that underscores its commitment to expanding global asset management capabilities, Grayscale Investments has announced the formation of Grayscale Funds Trust and filing for three new exchange-traded funds. Grayscale Investments, a crypto digital asset manager, has announced the establishment […]

Cosmos vs Polkadot vs Venom02

09 May 23

Bittrex files for bankruptcy in the United States

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange Bittrex filed for Chapter 11 bankruptcy protection after announcing plans to leave the United States. The bankruptcy filing also comes nearly a month after the U.S. Securities and Exchange Commission (SEC) sued the company for violating securities laws. Bittrex […]

crypto news kangaroo australia

08 May 23

Australian blockchain company files for bankruptcy month after layoffs

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Australia-based blockchain company founded in 2015, Everledger, filed for bankruptcy after failing to provide the expected investors’ funds, according to a report by SmartCompany. The blockchain-powered platform was developed to track the origin of luxury items, top-notch wine, diamonds, and […]

Silicon Valley Bank3

17 Mar 23

SVB’s parent firm files for chapter 11 protection

A few days after its former business Silicon Valley Bank was taken over by U.S. authorities, SVB Financial Group said on March 17 that it had filed for a court-supervised restructuring under chapter 11 bankruptcy protection to seek purchasers for its assets. The decision to initiate bankruptcy procedures was made because emergency steps taken to […]

SEC Sparks Interest in Reopening the Ripple Case

21 Dec 22

Ripple, SEC files joint motion asking for more time in pending lawsuit

Per a tweet from James Filan on Tuesday, the Securities and Exchange Commission (SEC) and Ripple have asked for more time to submit their Daubert motions and supporting documentation. They claim that the forthcoming holidays and their lawyers’ busy schedules necessitate more time. An extension request has been filed by the SEC, and Ripple Both […]

BlockFi generic 1

20 Dec 22

BlockFi files motion in US for users to withdraw frozen crypto

Crypto Lending firm BlockFi has filed a motion requesting authorization from a United States bankruptcy court to enable its users to withdraw frozen crypto assets under their custody. BlockFi inching closer to enabling withdrawals In a motion filed on Dec 19 with the U.S. Bankruptcy Court for the District of New Jersey, the lender applied for permission […]

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