National Bank of Bahrain Launches First Bitcoin Fund
The National Bank of Bahrain has introduced an investment fund that would expose qualified investors to Bitcoin. The first Bitcoin-linked Structured investment in the Gulf Cooperation Council (GCC) has been introduced by the National Bank of Bahrain (NBB) in collaboration with APR Digital. Accredited investors will get access to the flagship cryptocurrency through this fund. […]
Revolut Prevents $14M in Fraudulent Crypto Transfers
Revolut claims to have stopped possible cryptocurrency fraud worth close to $13.5 million in the last three months. According to a press release, the fintech firm Revolut stopped $13.5 million in possibly fraudulent cryptocurrency transfers. Neobank, a financial company based in London, introduced “Revolut X,” a cryptocurrency exchange, early this year. Since then, it has […]
Marathon Digital Sued for Bitcoin Mining Noise in Texas
Residents of Granbury, Texas, are suing Marathon Digital for noise pollution, which they claim is hazardous. Residents of Grabury filed a lawsuit against Marathon Digital Holdings, Inc. in Texas State Court, Hood County. They claimed that the mining giant’s Bitcoin mine was having “serious health and quality of life impacts” on the locals. The worried […]
Infinex Selects Wormhole as Primary Interoperability Solution
Decentralized finance platform Infinex will utilize Wormhole’s interoperability technology to strengthen its multichain application. As per the most recent statement from Infinex, Wormhole’s integration enables Infinex users to make in-app token transfers. Thanks to Wormhole Connect, the DeFi platform will be able to get rid of the obstacles and difficulties that come with having different […]
FTX Approved to Repay Customers Fully by Bankruptcy Judge
A Delaware judge accepted FTX’s bankruptcy plan, which calls for paying consumers back with interest and cash, despite a demand for in-kind payments. The U.S. District of Delaware Bankruptcy Court’s Judge John Dorsey decided to support FTX’s repayment, which could disburse assets valued up to $16 billion. Ninety-eight percent of creditors had their requests for […]