TL;DR: Voyager Digital, a bankrupt crypto lending firm, has been cleared by the U.S. Bankruptcy Court to repay approximately $1.33 billion to its creditors. Customers can expect an initial payment...Read More
TL;DR: Gala Games has burned almost 21 billion GALA tokens, valued at over $637 million, from its own reserves to address concerns of a potential token selloff. The burn aims...Read More
TL;DR: Ripple’s defense strategy relies on the ‘fair notice’ argument, claiming a lack of clarity from the SEC on cryptocurrency classification. Recent court rulings have challenged Ripple’s fair notice defense,...Read More
TL:DR Airstack, a web3 developer platform, raises over $7 million in pre-seed funding led by Superscrypt, with Polygon as a prior investor. Airstack offers developers access to cross-chain data through...Read More
TL:DR Coinbase, the US-based crypto exchange, delivers exceptional performance in a “transformational” quarter, surprising Wall Street. Industry experts believe Coinbase is executing its growth strategy effectively, with cost-cutting measures and...Read More
In the ongoing legal battle between Ripple and the SEC, Ripple has achieved a small victory by successfully opposing the SEC’s motion to seal the “Hinman Speech documents.” These internal...Read More
TL;DR: Avenged Sevenfold frontman M. Shadows recognizes the potential of integrating NFTs and crypto into gaming, citing the value of digital goods and their scarcity. He emphasizes that game quality...Read More
TL;DR: The UK House of Commons Treasury Committee suggests regulating crypto trading as gambling, overseen by the Gambling Commission and guided by the Gambling Act 2005. This includes preventing problem...Read More
TL;DR: Ripple acquires Metaco, a digital asset custody company, in a $250 million deal. The acquisition allows Ripple to expand into the institutional crypto custody market and provide tokenization tools...Read More
TL;DR: Bancor is facing a class-action lawsuit alleging deceptive practices and operating as an unregistered security. The lawsuit revolves around Bancor’s impermanent loss protection mechanism (ILP) and centralized operations. Plaintiffs...Read More
