The creditors are seeking information regarding the loan agreements between Celsius and Equities First, any transfer of cash or crypto between Celsius and the lender, and also the reason behind Equities First inability to payback the $439 million collateral to Celsius. Source
Celsius was one of the crypto firms to collapse due to the market downturn earlier this year and has been struggling to payback its creditors. The lending firm was looking at a number of ways to payback its debt, including IOU (“I Owe You”) tokens. Source
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier for merchants to integrate their existing points of contact with Circle’s crypto solutions. Circle Reveals New Permissionless Cross-Chain Transfer Protocol at Converge22 This week Circle and a number of other crypto industry heavyweights attended the Converge22 event in San Francisco. During the conference, Circle has made a number of announcements…
CryptoX – Cryptocurrency Analysis and News Portal David Josse led Goldman Sachs’ business intelligence and engineering efforts for the bank’s Marcus product. Source The post Crypto Investment-Product Firm 21.co Hires Former Goldman Alum as CTO appeared first on CryptoX. CryptoX Portal
David Josse led Goldman Sachs’ business intelligence and engineering efforts for the bank’s Marcus product. Source
The AQUA marketplace will highlight featured games and already has partnerships with three titles, including God’s Unchained and Guild of Guardians. New titles will be added every month. AQUA is built on Immutable X, the game-focused layer 2 blockchain, but plans to expand to additional chains where strong games are being built. Source
“Enabling a cheaper, faster and open payment network with some of the biggest financial institutions in the world isn’t fast and easy, but it’s happening. Every company that’s in the business of moving money is interested in superior payments, and we’re in talks with many of them. It doesn’t get any bigger and more exciting than innovating in payments for the betterment of the world,” Mallers said. Source
Cryptocurrency custody firm Anchorage Digital is set to become Aptos Labs’ preferred institutional custodian at their mainnet launch, the firm announced Tuesday. Anchorage, the first federally chartered crypto bank in the U.S., will support the layer 1 blockchain by allowing institutions to build on Aptos, including via non-fungible tokens (NFTs), decentralized finance (DeFi) and social media, as well as other Web3 projects. Source link
Talos is hiring Frank van Zegveld, who joins the firm as head of sales for the Europe, Middle East and Africa region, Matt Houston as client success director and Hillary Conley as business development director, the company told CryptoX in a statement. Source CryptoEuropeExpandFirmHiresTalosTrading CryptoX Portal
In the reorganization creditors would own 65% of CoinFLEX. Meanwhile, existing Ordinary Series A shareholders, including the CoinFLEX founders, would lose their equity stakes. Series B investors are to remain shareholders and can be incentivized with future equity over time in the event they bring value to the business. Source