Cryptocurrency traders are exploring ways to legally challenge Celsius’ reorganization plan, arguing that the agreement disproportionately favors some creditors over others, sources familiar with the matter told The Block. They say the existing scheme has resulted in a significant reduction in recovery rates for customers whose loan accounts hold debt on the lender’s assets. Creditors who have borrowed money from Celsius are consulting with “several” lawyers to see if they can appeal the restructuring plan, a source told The Block. According to the same source, the loan’s creditor wants to recover some of the funds it used as collateral on…
Author: Crypto Flexs
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Cryptocurrencies remain at the forefront of finance, characterized by rapid innovation and growth along with volatility and regulatory uncertainty. meantime, BlockDAG is quickly becoming a standout choice among the top 10 cryptocurrencies to invest in in 2024, easily outpacing competitors like Bitcoin, Ethereum, and Binance Coin in terms of innovation and return potential. with tether XRP Claims Offering stability, BlockDAG combines low transaction costs with high-speed processing, attributes that neither Solana nor Cardano can match. The technical white paper highlighted the potential for 30,000x returns, capturing the attention of investors around the world.. BlockDAG (BDAG): The future of high-throughput blockchains…
New York, NY, April 25, 2024, Chainwire Kadena, the only scalable layer 1 proof-of-work blockchain, expands its leadership team with the addition of Annelise Osborne as Kadena’s new Chief Business Officer. With over 20 years of illustrious experience in finance, credit, real estate and digital assets, Annelise will be responsible for developing and leading new business initiatives and partnerships across Web3 and beyond. Annelise’s role as Chief Business Officer at Kadena is not simply a new addition to the team, but a strategic move to further drive Kadena’s growth within the Web3 ecosystem and drive adoption through institutional opportunities. Her…
As Bitcoin (BTC) cools from its recent rally, one widely respected cryptocurrency analyst says the cryptocurrency’s dominance has peaked. Cryptocurrency trader Michaël van de Poppe says The 713,900 followers of social media platform “For me, Bitcoin dominance has peaked and I think there is a strong possibility of a return to altcoins in the future. There is currently a quiet vacuum, but the potential momentum surrounding the ETH ETF (Ethereum Exchange Traded Fund) in May should lead to a breakout.” Source: Michaël van de Poppe/X Financial giants Blackrock and Grayscale are currently awaiting approval from the U.S. Securities and Exchange…
Chinese investors cannot participate in Hong Kong Bitcoin ETF… However, there is a minor loophole in the court: Asia Express, a $6 billion cryptocurrency fraud case.
The DOG token market capitalization has surged past $500 million since its launch just a few days ago, surpassing dozens of top 100 cryptocurrency assets. The post Meme Coin Dog Go To The Moon Surpasses $500 Million Market Cap appeared first on Crypto Briefing.
metal coreUpcoming machine shooting game Ethereum gaming network immutable zkEVMAnnounced collaboration with Mon Protocol related to fellow Immutable game. pixelmonWe plan to integrate in-game quests where players can earn MON token rewards.As part of the collaboration, MetalCore players can complete special quests to earn MON tokens, the native currency used to buy and sell digital in-game assets on Mon Protocol’s mission platform.MetalCore is currently in closed beta and was previously released in public beta. Aiming for May. A representative from MetalCore developer Studio369 could not confirm when MON acquisition missions will be added to the game. The same goes for…
XRP reached $0.42, a ~50% crash from $0.7. This has been redefined as a faulty analysis and now the community is expecting a surge in listed values. It may rise to $1.4 in the future. Long-term integration is nearing its end. When a bull run begins, XRP will rise. The cryptocurrency is now off its lows and trading above $0.50. There is still a 5.08% decline in the last 24 hours. This becomes even more evident when looking at market capitalization compared to 24-hour trading volume, which is a positive sign. The current pattern is said to be a reproduction…
The Solana ecosystem’s memecoin defied the recent bearish downtrend in the cryptocurrency market by generating double-digit gains.
At the company’s Global Internet Economy Conference on Thursday, Stripe revealed its decision to reintroduce support for cryptocurrency payments. In the final keynote, titled The Future of Payments, Stripe President John Collison highlighted the company’s previous cryptocurrency involvement, noting that their experience with cryptocurrencies goes back a long time. Collison cited the company’s initial venture into Bitcoin (BTC) support in 2018, which was discontinued due to lack of utilization. Collison expressed enthusiasm for the reintroduction, saying that while Stripe is happy to bring back cryptocurrency to accept payments, he only wants a much better experience with Circle’s USDC stablecoin. The…