Speculation about BlackRock launching its own blockchain has also surfaced. Additionally, Binance’s delisting of several altcoins triggered significant market reactions. Bitcoin’s “Fakeout” Following CPI Data Release On August 14, the US Bureau of Labor Statistics (BLS) released July’s Consumer Price Index (CPI) data. The figure was lower than the previous…
Historically, the announcement about Binance listing/delisting altcoins has had a significant impact on their prices. Users Must Take Action Before Binance Delists Altcoins Effective August 26, 2024, at 03:00 UTC, Binance will remove all spot trading pairs for these tokens. The pairs affected include CVP/USDT, EPX/USDT, FOR/BTC, FOR/USDT, LOOM/BTC, LOOM/TRY,…
Ripple executives criticized the U.S. Securities and Exchange Commission’s handling of cases it brings against the crypto industry. The SEC said on Tuesday that it plans to change its complaint against crypto exchange Binance regarding “Third Party Crypto Asset Securities,” specifically SOL, ADA, FIL, ATOM, SAND, MANA, ALGO, AXS and…
BlockFi has confirmed the sale of its FTX claims as the defunct centralized crypto lender’s bankruptcy process nears completion. BlockFi plan administrator and M3 Partners Managing Partner Mohsin Y. Meghji reported the sale to the United States Bankruptcy Court for the District of New Jersey on Monday, according to a…
Defunct centralized crypto lender BlockFi has confirmed it will commence initial crypto distributions via Coinbase in July. The distributions will be processed in batches over the coming months, with eligible clients receiving a notification to their registered email address, BlockFi posted to X on Wednesday. However, “non-U.S. clients are unable…
Centralized lender BlockFi announced that eligible BlockFi clients will be able to access crypto withdrawals via Coinbase after the firm shuts down its web platform. This engagement with Coinbase ensures continuity in crypto withdrawals for those holding BlockFi accounts following the closure of the initial withdrawal window for eligible estate…
Ledn, a crypto lending platform, had its best quarter in Q1 2024, processing more than $690 million in loans, suggesting a renewed interest in centralized lending. The sector suffered significant setbacks following a tumultuous year for centralized crypto lending services in 2022 — a period that saw the bankruptcy of…
What could be more crypto than raising tens of millions of dollars via a “node sale?” In this week’s issue of The Protocol, we explain the blockchain industry’s newest fundraising method, which explicitly leans on its decentralizing impact. Devious technique known as “address poisoning” leads to $68M exploit Top picks…
–> Former NFL great Rob Gronkowski has agreed to pay $1.9 million to settle a Voyager Digital investor suit, according to court documents. In 2021, the winner of multiple Super Bowls signed on to become a Voyager brand ambassador, shareholder, and holder of the Voyager’s VGX token. The crypto lender…
In a historic development, Voyager Digital has reached a crucial settlement with FTX and Alameda, resulting in the release of Voyager from a hefty $450 million repayment obligation. This monumental agreement on April 29th, sanctioned by Judge John Dorsey of the United States Bankruptcy Court for the District of Delaware,…