Understanding the Legal Challenges of Crypto Bankruptcies coinedition.com 01 August 2024 14:06, UTC The spate of crypto bankruptcies of major platforms like Celsius, FTX, and BlockFi have brought doubts in the crypto community on the legal uncertainties and financial turmoil coexisting within this highly volatile space. The sudden changes in legal rights and responsibilities…
BingX Introduces BingX Labs to Support Crypto Startups thenewscrypto.com 01 August 2024 14:07, UTC BingX has launched BingX Labs to support digital asset startups with technical and strategic support. Crypto startups in Asia and Africa surged in 2024. The leading cryptocurrency exchange, BingX, has unveiled BingX Labs, its new investment division planned to fuel…
Peru inaugurates first CBDC pilot coingeek.com 01 August 2024 14:14, UTC Peru’s central bank has launched its first central bank digital currency (CBDC) pilot, selecting local telecom operator Viettel Peru as its partner. The Central Reserve Bank of Peru announced the partnership recently but didn’t disclose any details about the pilot. Viettel is the…
ZachXBT alleges Alameda, StarkWare-backed ZKX raised millions, launched token despite shutdown risk theblock.co 01 August 2024 12:45, UTC theblock.co
Crypto Lender Ledn Handed Out $1.16B Worth of Loans in First Half of 2024 coindesk.com 01 August 2024 12:58, UTC Ledn processed over $1.16 billion in digital asset loans in the first half of the year. The bitcoin halving and the launch of ether ETFs in Asia drove increased demand for the company’s services…
Crypto VC Paradigm Invests in MetaDAO as Prediction Markets Boom coindesk.com 01 August 2024 13:00, UTC MetaDAO, a Solana-based governance experiment, raised millions of dollars from venture backers who think prediction markets should decide event outcomes. Paradigm led the funding round for a months-old project that is building governance structures that rely on market…
Thailand Government's Digital Wallet Program Portal Crashes cryptonewsz.com 01 August 2024 14:25, UTC Thailand’s government has launched its much-awaited digital wallet program. The program aims to distribute 10,000 baht ($282) to most of its citizens. However, according to Reuters, the first day of registration revealed major technical hurdles as millions attempted to sign up….
