Crypto lender BlockFi announced its emergence from insolvency this week, just a few days after FTX announced that it successfully reclaimed approximately $7 billion in assets. FTX debtors, comprising FTX and affiliates, estimate that $8.7 billion has been misappropriated from customers. BlockFi has lent FTX more than $650 million, making …
Read More »
Asset management firm Valkyrie, one of the frontrunners for the first Ethereum ETF (exchange-traded fund) in the United States, has decided to pause its purchase of Ether futures contracts until the US Securities and Exchange Commission approves an Ether futures ETF. This comes barely a day after the asset manager …
Read More »Crypto mining has been a contentious issue in many regions, and New Brunswick, a Canada-based electricity provider, seems no exception. The province’s electric utility, NB Power, imposed a moratorium on providing new service to cryptocurrency mining operations last year, citing concerns about its ability to meet the increasing demands from …
Read More »
Binance, the world’s largest cryptocurrency exchange by trading volume, earlier today, on March 24, temporarily halted spot trading due to a matching engine glitch that disrupted the platform. Bug Detected, Withdrawal And Depositing Halted The CEO of Binance, Changpeng Zhao, popularly known as “CZ,” said they detected a bug during …
Read More »
The agency’s Chairman Axel Lehmann declined to touch upon whether or not it’s going to want help from the federal government sooner or later, he highlighted that the financial institution has no issues because it has good return capital ratios. With the banking business in the US at present experiencing …
Read More »
South India’s second Vande Bharat Express train from Secunderabad to Visakhapatnam is set to start its commercial run from Monday (January 16). Secunderabad-Visakhapatnam Vande Bharat Express is scheduled to be flagged off by Prime Minister Narendra Modi on Sunday. Before the start of the commercial run of Secunderabad-Visakhapatnam Vande …
Read More »
Advertisement Chinese embassies suspended issuing new visas for South Koreans and Japanese on Tuesday in apparent retaliation for COVID-19 testing requirements recently imposed by those countries on travelers from China. The embassies in Tokyo and Seoul announced the suspensions in brief online notices. The Seoul notice, posted on the embassy’s …
Read More »
China has suspended issuing short-term visas for South Korean and Japanese nationals, its embassies in Seoul and Tokyo said on Tuesday, in an apparent retaliation against COVID-19 restrictions imposed on Chinese travellers in the wake of a spike in coronavirus cases in the country. Seoul and Tokyo joined more than …
Read More »
The Supreme Court docket on Friday stopped the execution of the Meghalaya Excessive Court docket order staying the memorandum of understanding (MoU) signed by the chief ministers of Assam and Meghalaya for settling the festering boundary dispute between the 2 states, terming it “unwarranted”. A bench of Chief Justice D …
Read More »
‘Feminine employees are key to each side of the humanitarian response in Afghanistan,’ UN businesses and support teams mentioned. The United Nations has introduced that some “time-critical” programmes in Afghanistan have quickly stopped and warned many different actions will even possible be paused following the Taliban’s ban on female support …
Read More »