Month: February 2023

Interview with Former Chief Financial Officer of Binance, Now CEO of Coins.ph, Wei Zhou – Blockchain News, Opinion, TV and Jobs

Last year former Binance Chief Financial Officer Wei Zhou bought Coins.ph, a mobile wallet and digital currency exchange, from Indonesian technology company Gojek. Coins.ph, also called the Coinbase of Southeast Asia, was founded in 2014 and was one of the earliest crypto wallets and exchanges in the Philippines. It later shifted its focus to providing broader financial services. Zhou had previously left Binance for personal reasons. He had worked there for three years. BCN: How do you feel about governments trying to regulate crypto platforms, which seems to be the…

MATIC Hits 10-Month High as AVAX Extends Recent Gains – Market Updates Bitcoin News

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Polygon rallied to a ten-month high on Thursday, as the token rose for a third straight session. Overall, cryptocurrency markets rebounded from recent losses, with the global market cap up 5.90% at the time of writing. Avalanche also surged, hitting a one-week high. Polygon (MATIC) Polygon (MATIC) surged to a ten-month high earlier in the day, as prices rose for a third consecutive session. MATIC/USD moved to a peak of $1.39 earlier in today’s session, which comes a day after trading at a low of $1.27. As a result of…

Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons

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Debtors for crypto lender Celsius Network have the authority to sell coupons for mining firm Bitmain coupons worth roughly $7.4 million following a ruling from a bankruptcy judge. In a Feb. 16 court filing, United States Bankruptcy Judge Martin Glenn said it was in the “best interests of the Debtors’ estates, their creditors, and other parties” to allow Celsius debtors to sell their Bitmain coupons. The judge’s ruling does not require the debtors to liquidate the holdings in question, but they would need the consent of the committee of unsecured…

Taurus raised $65 million | Blockchain News

The Series B capital round for Taurus, a company that specializes in providing digital asset infrastructure to financial institutions in Europe, was led by Credit Suisse and brought in a total of $65 million. In addition, a number of additional institutional investors, such as Deutsche Bank, Pictet Group, Cedar Mundi Ventures, Arab Bank Switzerland, and Investis, took part in the investment round. The announcement made on February 14 stated that the funds that were raised by Taurus would be used to strengthen its growth strategy in three primary areas: recruiting…

Bitcoin Jumps Past $25K for First Time Since June 2022

The largest cryptocurrency by market cap was recently trading at about $24,750, up more than 8% over the past 24 hours. BTC had been lingering below $22,000 as recently as Tuesday before it begain to surge as investors shrugged off the latest tepid inflation data and a regulatory crackdown on stablecoins. Source

Bitcoin price hits $25K in new 2023 high

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The price of Bitcoin (BTC) has reached a new 2023 high of $25,000. The milestone comes after a surge in Bitcoin’s price over much of January. The last time Bitcoin’s price was around $25,000 was near mid-June 2022 on its way down to between $19,000 and $21,000, where it had hovered for several months, according to data from CoinGecko. The price of BTC has increased double digits over the last 24 hours to reach the $25,000 milestone. The price of BTC however took a big dip in November following the FTX crisis, which…

Blockchain Industry Association GBBC Digital Joins International Securities Regulator IOSCO

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Mt. Gox’s 2 Largest Creditors Pick Payout Option That Won’t Force Bitcoin Sell-Off: Sources

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Creditors have waited nearly a decade to get a portion of their money back after Mt. Gox – one of the first and, at one time, the largest crypto exchange in the world – was hacked in 2014. Hackers made off with 850,000 BTC, a sum valued at $460 million at the time. After the hack, Mt. Gox was left with approximately 142,000 BTC, 143,000 bitcoin cash (BCH), and 69 billion Japanese yen. Original

Siemens Issues World’s First Blockchain Bond

Siemens, a German multinational firm that is a leader in the fields of engineering and technology, is one of the first companies in Germany to issue a digital bond on a public blockchain. Because of this achievement, Siemens is now able to count itself among an exclusive club of enterprises in Germany. It has a value of sixty million euros (or sixty-four million dollars), a maturity date of one year, and a maturity date, all in accordance with Germany’s Electronic Securities Act. According to the announcement that was released on…