• Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice

    After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted “people familiar with the matter” who said Celsius was hiring restructuring lawyers. At the time, the WSJ said Celsius was looking to hire the bankruptcy and restructuring law firm Akin Gump […]

    13h ago
  • Crypto Reacts To The NFT NYC Conference: The Good

    Sadly, the NFT NYC conference took place at the beginning of what looks like a crypto bear market. The industry was blowing up when the estimated 15.000 attendees bought the tickets, which ranged between $599 and $1999. When June 20th arrived, most of their portfolios were probably down and tending towards disaster. That didn’t stop […]

    13h ago
  • Goldman Sachs wants to buy Celsius assets: Report

    Goldman Sachs is reportedly ready to pounce onto the assets of beleaguered crypto lender Celsius Network, CoinDesk reported on Friday citing sources familiar with the development. Per the report, the banking giant is eyeing $2 billion in funding from investors for a potential purchase of the Celsius assets should it file for bankruptcy. Celsius wobbling […]

    14h ago
  • A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday

    While the price of bitcoin is holding above the $21K per unit range, four bitcoin block rewards mined in 2010 were spent for the first time in over 11 years. The four block rewards were mined between September and October 2010 and the 200 bitcoin worth $4.27 million were transferred to an unknown wallet. 4 […]

    15h ago
  • Swiss Luxury Watchmaker Tag Heuer Announces NFT Feature for Its Smartwatch

    Tag Heuer‘s Android-powered Connected Calibre E4 smartwatch now allows you to use your watch to “display your highly collectible virtual artworks on your wrist with verified proof of ownership.” The TAG Heuer Connected Calibre E4 smartwatch was announced at an event in Paris on February 11: According to a report by WWD that was published […]

    15h ago
  • Philip Dilullo Arrested After Scamming Crypto Mining Company

    Philip Joseph Dilullo – a 41-year-old man from Wilkes-Barre – has been accused of scamming a cryptocurrency company by selling its computation software to a competitor. Philip Is in Trouble In situations like these, we often hear about how cryptocurrency platforms are ultimately fake and wind up cheating or harming individuals. They get scammed or... The post Philip Dilullo Arrested After Scamming Crypto Mining Company appeared first on Live Bitcoin News.

    16h ago
  • Norwegian Government ‘Embracing Public Ethereum’, Says Symfoni Founder and CEO

    On Friday (June 24), Jon Ramvi, founder and CEO of blockchain startup Symfoni, which is sponsored by Etheruem Foundation, said that “the Norwegian Government just announced that they are releasing a solution on public Ethereum.” A Twitter thread posted by Ramvi on June 24 had this to say about this solution (“a cap tables platform […]

    16h ago
  • Binance Co-Founder and CEO Comments on the Current Bitcoin Bear Market

    Over the past few weeks, Changpeng Zhao (“CZ”), Co-Founder and CEO of Binance, has commented on several occasions about the price of Bitcoin, while always making it clear that he is not offering any kind of financial, investment, or trading advice. Here are a few of CZ’s most interesting tweets on this topic (in reverse […]

    17h ago
  • Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M

    While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37% this weekend. Defi TVL Improves, Cross-Chain […]

    17h ago
  • Cardano ($ADA) Founder on Importance of Appropriate Crypto Regulation

    On Thursday (June 23), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, talked about “the importance of appropriate & responsible regulation” for the crypto industry. His comments were made while he was providing testimony and responding to questions from members of the […]

    17h ago