The intersecting worlds of blockchain technology and bankruptcy law are creating unprecedented challenges and opportunities. A recent ruling from the Southern District of New York exemplifies this development as Celsius Network, now in the throes of insolvency proceedings, received judicial approval to serve legal notices using non-fungible tokens (NFTs). In an era where traditional legal
On November 21st, Sui Network confronted a significant setback when its mainnet unexpectedly halted block production, leading to a prolonged two-hour disruption. This incident underscores the vulnerabilities that can arise within burgeoning blockchain systems, particularly as they aspire to compete with established players like Solana. The Sui team, which includes engineers with deep ties to
In a remarkable turn of events, South Korean authorities have successfully retrieved 4.8 Bitcoin (BTC) originally linked to the notorious 2019 hack of Upbit, one of the largest cryptocurrency exchanges in South Korea. This incident was not merely a typical cyber theft; it involved a substantial amount of 342,000 Ethereum (ETH) being pilfered by suspected
As the cryptocurrency landscape evolves, Ethereum (ETH) finds itself at a pivotal juncture. Since hitting a noteworthy high on November 12 at $4,446, the second-largest cryptocurrency by market cap has entered a state of consolidation. In the shadow of Bitcoin’s remarkable ascent, Ethereum’s struggle to regain significant upward momentum has drawn the attention of traders
Samuel Edyme, better known by his nickname HIM-buktu, embodies the essence of modern-day versatility in the digital landscape. As a web3 content writer, journalist, and aspiring trader, Edyme seamlessly navigates the intricate world of cryptocurrencies and blockchain technology. His writing has not only established him as a prominent voice but has also found a home
The crypto market has always been a space that thrives on volatility and patterns, and Bitcoin, the leading digital currency, is no stranger to these characteristics. Recently, Bitcoin’s price action has exhibited a bullish symmetrical triangle pattern, a technical formation that many traders often perceive as a precursor to substantial price movement. This pattern emerges
In a significant move on November 19, Coinbase announced its intention to cease trading Wrapped Bitcoin (WBTC) pairs on its exchange and Prime platforms, effective December 19. This development raises critical questions about the underlying reasons for the decision, as Coinbase has not disclosed the specific criteria that WBTC failed to meet concerning its listing
In recent years, the gaming landscape has undergone a significant transformation, largely fueled by the introduction of play-to-earn (P2E) models. In contrast to traditional gaming paradigms where players invest time and money with no tangible return, P2E games allow players to earn real-world value through their in-game efforts. This shift is not merely a trend;
The rise and fall of Heather Morgan, often recognized by her flamboyant rap persona “Razzlekhan,” serves as a compelling narrative within the tumultuous realm of cryptocurrency crime. Recently sentenced to 18 months in prison for her involvement in laundering proceeds from the infamous Bitfinex hack, Morgan’s story somehow intertwines the eccentricity of her public image
The intersection of cryptocurrency and political power is becoming increasingly significant, especially with the anticipated meeting between Coinbase CEO Brian Armstrong and President-elect Donald Trump. This engagement, facilitated by Trump’s transition team, revolves around potential personnel appointments that could influence the future of cryptocurrency regulation and governance in the United States. This meeting indicates an
