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Tag: restructure

Binance delisting major trading pairs including APT and AXS pairs

Binance CEO Changpeng Zhao resigns and pleads guilty. Binance delisting of 10 major coins as regulatory response. Binance...

Cardano Founder Hoskinson Speaks Out On Ethereum Insider Revelations

<!-- -->Charles Hoskinson, co-founder of Ethereum and founder of Cardano, responded to the controversial revelations made by former ETH insider...

Former Bithumb chairman faces eight-year prison sentence

Lee Jeong-hoon, former Bithumb Chairman, faces an eight-year prison term. Prosecutors assert Lee misled Kim about joint...

SushiSwap CEO Proposes New Token Model

SushiSwap CEO Jared Grey has initiated a pivotal proposal titled "Deploy new tokenomics for Sushi." This initiative, which seeks to overhaul the platform's existing...

Celsius Network Obtains Approval for Restructuring

Celsius Network has secured the approval of the US bankruptcy court to restructure its business. In the plan, the company has promised to return crypto assets...

Pico Cancels Beat Saber Competitor & Lays Off Developers

Pico cancelled its Beat Saber-style competitor and laid off the developers, casting further doubt on its future in VR.Known as Blitz Rhythm, the title...

Meta Will Reportedly Bring Quest 3 Lite To China Via Tencent

Meta plans to bring a cheaper version of Quest 3 to China via a deal with Tencent, The Wall Street Journal reports.Meta and Tencent's...

Celsius Network Announces Court Approval of Reorganization Plan

Celsius Network recently took to Twitter to announce a major milestone in its bankruptcy journey. In a series of tweets, the company shared the...

Ava Labs Lays Off 12% of Workforce as Bear Market Stretches

Ava Labs, a crypto startup and the leading developer of the Avalanche blockchain has laid off 12% of its workforce amid the persistent...

Geopolitics scramble venture capital’s global ambitions

The China-US rivalry is disrupting venture capitalists’ ability to back startups and the ability of innovative companies to globalize. For fintech startups the situation...

Celsius Winner Proof Group Is in Running to Relaunch FTX, Sources Say

There are many moving parts in the FTX bankruptcy, and a restart would have to deal with various aspects of claims, token lockups and...

OpenSea slashes 50% of its workforce in preparation for 2.0

OpenSea, one of the leading NFT marketplaces in the burgeoning world of blockchain-based digital collectibles, has confirmed significant organizational and operational changes that include...

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