Celsius Network, a cryptocurrency lending platform, might need to secure a fresh vote from creditors for its planned shift to a Bitcoin mining venture, as a U.S. bankruptcy judge suggested in a recent court session. The crypto lender provided details on Thursday, Nov 30, of its plan to only mine Bitcoin when it emerges from bankruptcy, a scaled-down business that […]

Tipitek is a structural division of Cryptoves LLP with its own high-speed, reliable, and modern cryptocurrency platform. Since its launch, the entire Tipitek ecosystem has been continuously evolving, providing a reliable platform for working in the crypto industry. While there were previous announcements about expanding the range of tools, not all details were previously disclosed. As of today, Tipitek offers […]

Circle, a significant player in the cryptocurrency space, has vehemently rejected accusations of engaging in illicit financing. In a resolute move to clarify its stance, the firm addressed a detailed letter to U.S. Senators Sherrod Brown and Elizabeth Warren, explicitly refuting claims of providing financial services to prominent crypto personality Justin Sun, the TRON Foundation, or Huobi Global (now HTX). […]

Open Exchange Token (OX), the native token of the crypto bankruptcy claims platform OPNX, spiked 50% just 20 minutes after co-founder Su Zhu supposedly posted to X (Twitter) for the first time since his arrest. On Dec. 1, Su posted a simple “gm” — an abbreviation for “good morning” — marking his first X post since Sept. 29, the same […]

Dynamic Yield by Mastercard, a digital personalization and artificial intelligence subsidiary of Mastercard, announced the launch of its Shopping Muse generative AI chatbot assistant for ecommerce on Nov. 30.  The AI system was revealed in a company blog post. According to Dynamic Yield, Shopping Muse is “an advanced generative AI tool that revolutionizes how consumers search for and discover products […]

Overview of Economic Data and Inflation Earlier today, Andrew Hollenhorst, Citi’s Chief U.S. Economist, joined CNBC’s “Squawk on the Street” to provide an analysis of the current economic data and its implications. He discussed the concept of a ‘Goldilocks’ economy, the potential for stickier inflation, and the timeline for achieving target inflation rates. Current Economic Data: A ‘Goldilocks’ Scenario? Hollenhorst […]

The KyberSwap hack has been well known by the entire crypto industry for many days, and the shocking demands of hackers are catching the attention of investors. The hacker behind the $46 million KyberSwap exploit has proposed an unusual deal by seeking complete executive control over the Kyber company. This unprecedented demand has sent shockwaves through the cryptocurrency community, leaving […]

Bankrupt cryptocurrency lending platform Celsius has started withdrawals for select users in a crucial development for the company and its clients amid financial instability and legal issues. According to a filing in the United States Bankruptcy Court for the Southern District of New York, participants in its custody program falling under “Class 6A General Custody Claims” and “Class 6B Withdrawable […]

The suggestion that Hong Kong could make an initial coin offering (ICO) appeared in a list of propositions formulated by the Hong Kong Securities and Futures Professional Association to revitalize Hong Kong’s economy. The document, signed by association president Chen Zhihua, was published on Nov. 29 and included various measures, from routine to bold. The suggestions include the legal recognition […]