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Weekly overview

The most eco-friendly blockchain networks in 2022

  • Post author:admin
  • Post published:December 23, 2022
  • Post category:Weekly overview

This year saw the realignment of the crypto industry toward greener, more energy-efficient blockchains. 2022 saw the continued advancement of green crypto projects as more industry companies focused on sustainability…

Continue ReadingThe most eco-friendly blockchain networks in 2022

BTC miner Core Scientific gets interim nod for $37.4M bankruptcy loan

  • Post author:admin
  • Post published:December 23, 2022
  • Post category:Weekly overview

The loan would allow Core Scientific to keep its mining and hosting operations afloat while it restructures. A U.S. bankruptcy court has granted Bitcoin (BTC) miner Core Scientific interim approval…

Continue ReadingBTC miner Core Scientific gets interim nod for $37.4M bankruptcy loan

Rating agencies, not regulators, can rebuild trust in crypto after FTX

  • Post author:admin
  • Post published:December 23, 2022
  • Post category:Weekly overview

Private rating agencies could work better and more quickly than regulators when it comes to reviewing businesses in the cryptocurrency industry. The last year has been an eventful one for…

Continue ReadingRating agencies, not regulators, can rebuild trust in crypto after FTX

BNB Chain now has more unique addresses than Ethereum, developer says

  • Post author:admin
  • Post published:December 23, 2022
  • Post category:Weekly overview

Despite this growth, BNB Chain still has far less unique addresses than Bitcoin. Unique addresses on the Build and Build (BNB) Chain have now surpassed Ethereum, according to a Dec.…

Continue ReadingBNB Chain now has more unique addresses than Ethereum, developer says

Marshall Islands legally recognizes DAOs as domestic limited liability companies

  • Post author:admin
  • Post published:December 23, 2022
  • Post category:Weekly overview

The law enables legal entities registered in the country to formally adopt DAO structures and governance tools. The Republic of the Marshall Islands, an independent island state located in the…

Continue ReadingMarshall Islands legally recognizes DAOs as domestic limited liability companies

Crypto exchange Bullish announces termination of SPAC deal, citing SEC practices

  • Post author:admin
  • Post published:December 23, 2022
  • Post category:Weekly overview

Bullish said it had reached a mutual agreement with Far Peak Acquisition to no longer merge in a deal for a listing on the New York Stock Exchange. Bullish, a…

Continue ReadingCrypto exchange Bullish announces termination of SPAC deal, citing SEC practices

FTX creditor committee hires Paul Hastings LLP for bankruptcy proceedings: Report

  • Post author:admin
  • Post published:December 23, 2022
  • Post category:Weekly overview

After evaluating several law firms, FTX's unsecured creditors' committee has chosen a legal adviser. After taking pitches from many law firms, the nine-member committee representing unsecured creditors of the disgraced…

Continue ReadingFTX creditor committee hires Paul Hastings LLP for bankruptcy proceedings: Report
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