BlockFi gets approval to launch auction for Crypto mining company
BlockFi Inc. was granted permission by the bankruptcy court to hold an auction for the cryptocurrency lender’s mining operation. During a Monday morning video court hearing, BlockFi attorney Francis Petrie stated that the company intends to submit bids as soon as possible to benefit from the current market circumstances. Petrie informed US Bankruptcy Judge Michael […]
Senior US officials urge Congress to strengthen Crypto regulation
The officials ask Congress to intensify its efforts on crypto regulation to prevent the misappropriation of consumers’ assets and the emergence of conflicts of interest. Four high-ranking US government officials working in the White House have issued a call to action to the US Congress, urging it to “step up its efforts” in the area […]
Sorare signs four-year contract with Premier League
The deal means that the football league may purchase shares in Sorare in the future, despite ongoing gambling investigations into the company. After a lengthy negotiation process, blockchain-based fantasy sports game Sorare has announced a new four-year license arrangement with the UK’s Premier League. As part of the agreement, the Premier League received equity warrants […]
FTX to remove Turkish subsidiary from bankruptcy Case
Bankrupt crypto exchange FTX is seeking to remove Turkish units from its bankruptcy case as it does not suppose the Turkish authorities will cooperate after the seizure of local assets in November 2022. FTX crypto exchange in a court filing on Friday said that Turkish authorities are unlikely to abide by orders from American courts […]
Uniswap dev team triumphs in Web3 gaming competition
The finalists Uniswap, Polygon, and security auditors OtterSec faced off in a fiercely contested final, with Uniswap coming victorious. Uniswap won the 0xMonaco: Battle of Titans Web3 dev gaming competition hosted by MatchboxDAO, a Starkware-based on-chain gaming environment. It was a webcast on Twitch and featured teams from web3 firms such as Ledger, Polygon, Uniswap, […]