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20 Dec 2023, 03:33
Notable news in the last 24 hours (20/12)
BTC: 42,447 USD | ETH: 2,183 USD | Total market cap: 1,549 billion USD
1️⃣ Galaxy Digital seeks to buy more bankrupt companies following its deal with FTX. After successfully assisting FTX in liquidating assets, Galaxy Digital wants to buy more assets from other bankrupt crypto companies. Businesses that have received investment from FTX are also on the target list of the organization. In December 2022, Galaxy Digital won a bid to acquire the GK8 platform from Celsius Network, a bankrupt cryptocurrency lending platform. Recently, Galaxy Digital also announced a partnership with DWS Asset Management to develop ETP products in Europe.
2️⃣ Do Kwon successfully appealed the extradition decision. 1 month ago, Montenegro's Supreme Court approved Do Kwon's extradition to South Korea or the United States for further trial, now the decision has been overturned by a higher jurisdiction court. The cancellation of extradition approval led many to believe that Kwon would not face a fair trial for the crimes that await him in the United States or South Korea.
3️⃣ The EthereumPoW Core team announces its dissolution. Throughout the past year, the EthereumPoW (ETHW) Core team has been working tirelessly to fulfill the commitment made during the initial fork. After exploring and confirming the feasibility of ETHW operating independently without support from the team, they saw that the conditions for the organization's dissolution were ripe, and now was the time for them to fulfill their commitment. The existing servers will be temporarily transferred to OneDao for forward maintenance until a long-term partner is found.
4️⃣ Circle launches Euro Stablecoin on Solana. Stablecoin issuer Circle Internet Financial has added support for the EURC stablecoin on the Solana blockchain. This stablecoin aims to add utility to peer-to-peer transactions and money transfer corridors in Europe and could attract interest from institutions. Circle also said it will soon launch a program that will allow users to deposit savings through stablecoins without going through traditional banking.
Notable news in the last 24 hours (20/12). BTC: 42,447 USD | ETH: 2,183 USD | Total market cap: 1,549 billion USD.
Notable news in the last 24 hours (20/12)
BTC: 42,447 USD | ETH: 2,183 USD | Total market cap: 1,549 billion USD
1️⃣ Galaxy Digital seeks to buy more bankrupt companies following its deal with FTX. After successfully assisting FTX in liquidating assets, Galaxy Digital wants to buy more assets from other bankrupt crypto companies. Businesses that have received investment from FTX are also on the target list of the organization. In December 2022, Galaxy Digital won a bid to acquire the GK8 platform from Celsius Network, a bankrupt cryptocurrency lending platform. Recently, Galaxy Digital also announced a partnership with DWS Asset Management to develop ETP products in Europe.
2️⃣ Do Kwon successfully appealed the extradition decision. 1 month ago, Montenegro's Supreme Court approved Do Kwon's extradition to South Korea or the United States for further trial, now the decision has been overturned by a higher jurisdiction court. The cancellation of extradition approval led many to believe that Kwon would not face a fair trial for the crimes that await him in the United States or South Korea.
3️⃣ The EthereumPoW Core team announces its dissolution. Throughout the past year, the EthereumPoW (ETHW) Core team has been working tirelessly to fulfill the commitment made during the initial fork. After exploring and confirming the feasibility of ETHW operating independently without support from the team, they saw that the conditions for the organization's dissolution were ripe, and now was the time for them to fulfill their commitment. The existing servers will be temporarily transferred to OneDao for forward maintenance until a long-term partner is found.
4️⃣ Circle launches Euro Stablecoin on Solana. Stablecoin issuer Circle Internet Financial has added support for the EURC stablecoin on the Solana blockchain. This stablecoin aims to add utility to peer-to-peer transactions and money transfer corridors in Europe and could attract interest from institutions. Circle also said it will soon launch a program that will allow users to deposit savings through stablecoins without going through traditional banking.