Mt. Gox Shifts $2.2B in Bitcoin, Intensifying BTC Selling Pressure
For over a decade, about 127,000 Mt. Gox creditors owed more than $9.4 billion in Bitcoin. Mt. Gox recently transferred billions in Bitcoin, with some of it directed toward centralized exchanges, potentially signaling further creditor repayments as the decade-long case nears its end. A wallet linked to the bankrupt exchange moved over $2.19 billion in […]
Swift, UBS, & Chainlink Pilot Tokenized Fund Settlement
Swift, UBS, and Chainlink seek to transform traditional finance by incorporating blockchain into tokenized fund processes. In a significant advancement under the Monetary Authority of Singapore’s (MAS) Project Guardian, Swift, UBS Asset Management, and the blockchain oracle network Chainlink have completed a pilot focused on tokenized fund settlements. This pilot employs Swift’s extensive financial messaging […]
Binance SEC Lawsuit: CZ Seeks Dismissal – What’s Next?
Lawyers for Binance, CZ file a motion to dismiss amendment in SEC lawsuit, citing a failure to recognize that crypto assets are not securities. In a recent move, lawyers representing Binance and its founder, Changpeng Zhao (CZ), have submitted a motion to dismiss the lawsuit filed by the U.S. Securities and Exchange Commission (SEC). This follows the […]
Binance Adds POPCAT & MEW, Will These Solana Meme Coins Rise?
Binance announced adding Solana meme coins POPCAT & MEW to its futures copy trading platform, raising expectations for future pricing. On Tuesday, Binance, a major cryptocurrency exchange, announced the addition of perpetual contracts for meme coins POPCAT and MEW (Cat in a Dogs World) to its futures copy trading platform. This new offering has led […]
Bitget Unveils ‘Pitch n Slay’ Initiative for Women, Offering Up to $100K in Funding
Crypto exchange Bitget recently launched the ‘Pitch n Slay’ initiative to help Web3 women entrepreneurs with up to $100K funding. The prominent crypto exchange Bitget has announced a female-focused initiative to support women entrepreneurs in blockchain. As part of its Blockchain4Her program, Bitget introduced the ‘Pitch n Slay’ competition , allowing women-led startups to win […]