Genesis to return $3B to customers after court approves bankruptcy plan
Genesis Global gets court approval to repay $3 billion to customers. Judge Sean Lane overruled an objection from Genesis parent company Digital Currency Group. DCG argued payments to be in…
Binance’s CEO $1 billion rescue plan fails, NuggetRush and Render keep delivering
Binance fails to implement its crypto market recovery fund, yet BNB forecasts remain bullish. Render’s (RNDR) Stable Diffusion Jobs spur high network activity. NuggetRush (NUGX) is building a community of interested…
Binance’s EUR banking partner announces plan to halts support
Paysafe is Binance’s current EUR banking partner. Paysafe will not provide services to Binance users from 25th September 2023. The announcement comes, weeks after Binance.US announced its banking partners had…
CertiK and zkSync Era plan to compensate Merlin hack victims
Merlin is an Ethereum-based decentralized exchange (DEX) which uses zero-knowledge sync (zkSync). The DEX has lost more than $1.8 million in a liquidity pool hack. The hack took place barely…
Hodlnaut stares at liquidation after creditors reject restructuring plan
Investigations show that Hodlnaut lost about $190 million in the Terra LUNA crash. The lender had proposed a restructuring plan to allow creditors to have a view of the company’s…
Stader Labs Unveils Plan for a decentralized, DeFi-friendly Liquid Staking solution on Ethereum
Singapore, Singapore, 13th December, 2022, Chainwire Stader Labs, a leading multi-chain liquid staking protocol, has announced that it is launching its liquid staking solution, ETHx for Ethereum. This week, Stader…
Circle plan to go public is cancelled. What does it mean for stablecoin market?
Key Takeaways Circle, issuer of USDC, has cancelled a plan to go public in a $9 billion deal Public listing could have presented USDC as the anti-Tether, pushing a fully…
Will MATIC rally higher after Nike announces plan to build its web3 experience on Polygon?
MATIC is up by more than 1% in the last 24 hours as the broader cryptocurrency market continues to recover from last week’s slump. MATIC, the native coin of the…