Industry
Crypto Lender BlockFi Gets Extra Time to File Chapter 11 Exit Plan
On April 19, a New Jersey bankruptcy judge gave digital asset lender BlockFi additional time to file a bankruptcy exit plan.Sherry CantwellSEC's Gensler Called ALGO 'Great Technology' in 2019: SEC Now Treats It as a Security
SEC Chairman Gary Genser Praises Four-Year-Old Video of Smart Contract Platform Algorand, It is being circulated on Twitter after the SEC announced that ALGO is an unregistered security.Barry StidhamCryptocurrency Lender Babel Gets Extended Creditor Protection in Singapore
Troubled cryptocurrency lending firm Babel Finance has more time to repay debts to creditors like Deribit after suspending withdrawals in 2022.Craig GreenKraken Receives Authorization as Irish Virtual Asset Service Provider Ahead of MiCA Vote
Kraken’s Irish subsidiary Payward Europe Solutions, registered in Dublin, was authorized as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland on April 18.Cornell RachelZipmex asks Singapore court for 2-month extension on restructuring plan
Cryptocurrency exchange Zipmex has requested another extension to allow a longer suspension of its debt in Singapore amid the company's liquidity problemsMartha GrizzardSpeaker Prepares to Introduce Stablecoins to U.S. House Financial Services Committee
The U.S. House of Representatives Financial Services Committee will hold a hearing on stablecoin regulation on April 19.Hallie GillUK could have crypto regulations within a year, says senior minister
A U.K. lawmaker has claimed that the U.K. can have digital asset regulation in place within 12 months, saying the country hopes to capitalize on the benefits that blockchain can bring to the private sector and the economy.Jerry McNeillUS Attorneys Demand 7-Year Prison for Enforcer in Crypto Shadow Banking Case
U.S. prosecutors are seeking a lengthy prison sentence for an executive in a five-year-old crypto shadow banking case.Sherry CantwellLondon Stock Exchange Group may provide BTC derivatives clearing services in the fourth quarter
The U.K. could see its first centrally cleared trading venue for digital asset derivatives, thanks to a partnership between the London Stock Exchange Group (LSEG) business and trading startup Global Futures and Options (GFO-X).Barry StidhamSotheby's Reboots Glitch Digital Art Auction, Novice Gamer Finds $49K Worth of NFTs
Sotheby's has made major changes to its latest art sale after receiving feedback from the community about the lack of diversity.Christopher SmithCathie Wood Says Bitcoin, Ethereum 'Like Gold,' But Ray Dalio Is Skeptical
The recent turmoil in the banking industry shows that Bitcoin and ether. It can withstand a shaky economy, outperform other asset classes and perform like gold, says ARK Invest CEO Cathie Wood though one long-term investor is still off the hook.Cornell RachelEthereum's Shapella Hard Fork Executes on Mainnet
The Shapella hard fork has been officially implemented on the ethereum mainnet meaning ethereum validators can finally withdraw their staked ether, from the beacon chain.Martha GrizzardElon Musk reiterates that AI has the potential to destroy civilization
While tech giants around the world are working on the idea of generating artificial intelligence (AI) to help humans in their daily lives, some see a looming risk of the emerging technology going rogue. With this possibility in mind,Wayne IngramZipmex investor reneges on 100% payment, now seeks to cut takeover deal
Zipmex's rescue plan may face some challenges, as investors in the cryptocurrency exchange are now demanding a small portion of its debt, rather than committing to a 100% payment.James DeanGemini files for pre-registration pledge in Canada
On April 12, cryptocurrency exchange Gemini announced it had filed a pre-registration undertaking with the Ontario Securities Commission, which oversees capital markets in Canada’s most populous provinceBarry StidhamAmazon launches new Bedrock AI service to take on Google and OpenAI
Generative AI models like ChatGPT have taken the tech world by storm because of their potential to penetrate the mainstream.Craig GreenCryptocurrency Exchange Bitrue Hacked for $23 Million Due to Hot Wallet Vulnerabilities
Bitrue cryptocurrency exchange suffered a hot wallet attack that allowed attackers to withdraw nearly $23 million worth of various crypto assets.Martha GrizzardCFTC Chairman Says Binance Willfully Violated Rules on Futures, Commodities
Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), recently addressed allegations against Binance, alleging that the embattled cryptocurrency exchange’s leadership knowingly operated outside U.S. laws governing commodity and futures trading.Hallie GillChia Network Says It Filed IPO Registration With SEC After Leadership Shakeup
Chia Network blockchain said on April 14 that it has filed an initial public offering (IPO) proposal with the U.S. Securities and Exchange Commission (SEC).Jerry McNeillWinklevoss Loans $100M to Gemini as Global AI Race Intensifies
The global race to artificial intelligence (AI) has attracted new entrants in the past few days, with Twitter and Alibaba reportedly integrating the technology into their businesses.Sherry Cantwell
