Ripple Buys Back $285M Stake from Early Investors, Shuns IPO
Ripple, the company behind XRP, has announced a $285 million stake buyback from its early investors and employees as part of a $500 million strategy to restructure its finances and avoid an IPO. Ripple Labs Inc., the company that operates the XRP ledger and provides cross-border payment solutions, has revealed its plans to buy back […]
Celsius Initiates Recovery of Large Pre-Bankruptcy Withdrawals
According to a recent creditor notification, creditors who took over $100,000 out of Celsius within three months of the company’s bankruptcy may need to reimburse some of those monies or face legal repercussions. Celsius’s bankruptcy administrators revealed on January 9 a proposal to notify creditors that anyone who took out more over $100,000 in the […]
Terra and Ark Collaborate on Interchain NFTs and Station v3
Terra (LUNA), a blockchain network that powers stablecoins and decentralized finance (DeFi) applications, has revealed two exciting updates for its community. The first is the launch of interchain non-fungible tokens (NFTs) in collaboration with Ark Protocol, a platform for NFT discovery and curation.The second one is the release of Station v3 Extension, an improved version […]
PlebLab Presents TopBuilder: A Bitcoin and Lightning Hackathon
Join TopBuilder, a three-month hackathon by PlebLab, where you can build and showcase your Bitcoin and Lightning projects, learn from experts, and win prizes. Hurry, the deadline is January 13th! TopBuilder is a hackathon that challenges participants to build projects related to Bitcoin and Lightning, such as wallets, protocols, applications, games, and more. The hackathon […]
X Ditches NFT Support, Following Elon Musk’s Vision
X, the social media platform formerly known as Twitter, has ditched features supporting non-fungible tokens (NFTs). The move follows the vision of its owner, Elon Musk, who prioritizes user experience and platform stability over digital collectibles. X has removed features supporting NFTs, the unique digital assets that have gained popularity in the crypto space. The […]