SBF Bond Guarantor to be Publicized, UK Crypto Framework and Celsius News: Hodler's Digest, Jan 29 - Feb 4
Top stories this week Guarantors of SBF's $250m bond should be made public, rules judge says
who helped former FTX CEO Sam Bankman-Fried with his $250 million bond could be revealed next month following a recent ruling by U.S. District Judge Lewis Kaplan. Bankman-Fried's legal counsel has until Feb. 7 to challenge the decision. As bankruptcy proceedings continue, for information and documents from close relatives of Bankman-Fried, claiming that not everyone in his inner circle has responded to requests for information. sue bankrupt crypto lender Voyager Digital in a bid to recover $445.8 million in loan repayments made before FTX collapsed.
UK Treasury Releases Crypto Framework Document: Here's What's Insidea long-awaited consultation paper for its upcoming crypto regulation. The document covers a wide range of topics, from algorithmic stablecoins to non-fungible tokens to initial coin offerings. The authority aims to level the playing field between crypto and traditional finance by incorporating digital assets into the UK's Financial Services and Markets Act 2000.
Read also
FeaturesZooko's Triangle: The Human-Readable Paradox at the Heart of Crypto Adoption
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Celsius publishes list of users eligible to withdraw majority of assetsoffered a withdrawal process for users who had funds in its custody in June 2022, when the company ceased withdrawals. Celsius has released an official update on the upcoming withdrawals, providing the list of eligible users to access approximately 94% of qualified custody assets. Users will also receive specific details related to gas and transaction fees associated with upcoming proceedings.
Silvergate faces DOJ investigation into FTX and Alameda dealingsby the United States Department of Justice Fraud Enforcement Unit for its involvement with the bankrupt FTX exchange and its affiliates. Investigators are trying to determine the depth of FTX and Alameda Research's relationship with the California-based bank. According to Silvergate, Alameda opened an account in 2018, before the launch of FTX. Silvergate was heavily impacted by the collapse of FTX last November quarter.
Meta CEO Zuckerberg sticks to Metaverse plans despite $13.7 billion setbackThe company plans to stay committed to its long-term strategy for the metaverse despite the fact that its Reality Labs business suffered operating losses of $13.7 billion in 2022 — the highest annual losses. biggest ever for its metaverse building division. The company's overall fourth quarter revenue was $32.1 billion, beating Wall Street expectations.
At the end of the week, Bitcoin (
who helped former FTX CEO Sam Bankman-Fried with his $250 million bond could be revealed next month following a recent ruling by U.S. District Judge Lewis Kaplan. Bankman-Fried's legal counsel has until Feb. 7 to challenge the decision. As bankruptcy proceedings continue, for information and documents from close relatives of Bankman-Fried, claiming that not everyone in his inner circle has responded to requests for information. sue bankrupt crypto lender Voyager Digital in a bid to recover $445.8 million in loan repayments made before FTX collapsed.
UK Treasury Releases Crypto Framework Document: Here's What's Insidea long-awaited consultation paper for its upcoming crypto regulation. The document covers a wide range of topics, from algorithmic stablecoins to non-fungible tokens to initial coin offerings. The authority aims to level the playing field between crypto and traditional finance by incorporating digital assets into the UK's Financial Services and Markets Act 2000.
Read also
FeaturesZooko's Triangle: The Human-Readable Paradox at the Heart of Crypto Adoption
FeaturesPlay2Earn: How Blockchain Can Foster a Paradigm Shift in Building Gaming Economies
Celsius publishes list of users eligible to withdraw majority of assetsoffered a withdrawal process for users who had funds in its custody in June 2022, when the company ceased withdrawals. Celsius has released an official update on the upcoming withdrawals, providing the list of eligible users to access approximately 94% of qualified custody assets. Users will also receive specific details related to gas and transaction fees associated with upcoming proceedings.
Silvergate faces DOJ investigation into FTX and Alameda dealingsby the United States Department of Justice Fraud Enforcement Unit for its involvement with the bankrupt FTX exchange and its affiliates. Investigators are trying to determine the depth of FTX and Alameda Research's relationship with the California-based bank. According to Silvergate, Alameda opened an account in 2018, before the launch of FTX. Silvergate was heavily impacted by the collapse of FTX last November quarter.
Meta CEO Zuckerberg sticks to Metaverse plans despite $13.7 billion setbackThe company plans to stay committed to its long-term strategy for the metaverse despite the fact that its Reality Labs business suffered operating losses of $13.7 billion in 2022 — the highest annual losses. biggest ever for its metaverse building division. The company's overall fourth quarter revenue was $32.1 billion, beating Wall Street expectations.
At the end of the week, Bitcoin (
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