Crypto Project Helium Endorsed By Bill Ackman
The CEO of Pershing Square Capital Management says that the controversial cryptocurrency project Helium can “build intrinsic value over time.” One of TradFi’s better-known investors said on Monday that he has changed his mind and now supports crypto, though his choice of the project may be questionable. Bill Ackman said in a series of tweets […]
AAX Shuts Out Derivatives, Hopes For Normal Return
After suffering a cyberattack, the cryptocurrency exchange in Hong Kong is working toward the goal of raising sufficient funds to enable it to resume operations. The Hong Kong cryptocurrency exchange AAX announced in a statement that it would terminate off derivatives positions as part of its efforts to return to normal after a breach. The […]
Deadline for Celsius Customers to File PoC Approved
Customers of the bankrupt crypto lender have until January 3, 2023, to file proofs of claim if they don’t agree with how Celsius scheduled their claims as filed. In the ongoing bankruptcy proceedings, a U.S. court agreed to Celsius’s request to set a deadline for customers to file proofs of claim. Last week, the U.S. […]