As the bankruptcy procedures go forward, FTX and the impacted parties have issued subpoenas demanding information and documents from close relatives of the company’s former chief executive officer, Sam Bankman-Fried. A request that was submitted to the United States Bankruptcy Court for the District of Delaware in an effort to get useful information from individuals […]

In its recently published BNB Greenfield white paper, the cryptocurrency exchange Binance stated that it is interested in constructing a blockchain-based Web3 infrastructure. BNB Chain is a blockchain platform that was established by Binance. According to the white paper, it is a decentralised storage infrastructure that is integrated into BNB Chain. This infrastructure grants users […]

His Majesty’s Treasury has finally released a long-awaited consultation document in preparation for the imminent regulation of cryptocurrencies in the United Kingdom. The comprehensive paper, which is 80 pages long, covers a wide variety of subjects, ranging from the challenges posed by algorithmic stablecoins to the concept of nonfungible tokens (NFTs) and initial coin offers […]

There have been rumours circulating that the bids for Celsius’ crypto assets have been turned down, however the attorney who represents the official creditor committee for Celsius has refuted such rumours. Attorneys from White & Case LLP, Gregory Pesce and Aaron Colodny, addressed the so-called “leaked” bids for Celsius’ crypto assets that were shared by […]