Month: September 2023
Celsius Creditors Greenlight Reorganization Plan
Reading time: < 1 minute The 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 minute Concerns 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 minute Between 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 minute According 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 minute Huobi (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 minute The 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against former employees of its Hong Kong subsidiary, seeking the restitution of $157.3 million that was fraudulently withdrawn.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 minute A 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 minute Parity 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 minute In 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 minute The Lumerin project is planning to launch a decentralized marketplace for Bitcoin mining hashrate, using Arbitrum One network.
