Revault Network acquired by Mati Greenspan’s Quantum Economics

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Twitter partners with eToro to allow users buy crypto, stocks

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KYVE mainnet launch on Pi Day brings decentralized, trustless data lakes on-chain

Blockchain data verification network KYVE successfully launched its mainnet on Pi Day (3/14) at 3:03:14 PM CET on March 14 after two years of development. The decentralized data lake is built using the Cosmos SDK as a Layer 1 blockchain and is designed to provide trustless data solutions for developers, node runners, and data analysts….

DCG responds to Genesis bankruptcy; Bitcoin jumps 4% as contagion fears lessen

Digital Currency Group, the parent company of both Genesis and Grayscale, released a statement on Jan. 20 commenting on the news that Genesis had filed for Chapter 11 bankruptcy. Following the statement’s release, Bitcoin climbed above $21,000 to a year-to-date high of $21,912. The fate of DCG has been assessed as a significant potential catalyst…

DCG’s CoinDesk receives buyout interest; exploring partial or full sale

Cryptocurrency news company Coindesk is seeking a buyer through investment bankers, The Wall Street Journal reported Jan. 18. Coindesk CEO Kevin Worth told the Journal that his company has “received numerous inbound indications of interest” in recent months. Worth did not indicate which companies are interested in buying Coindesk. However, he told the news outlet…

Vauld has until Feb. 28 to figure out a revival plan

Crypto lender Vauld secured an extension from the Singapore High Court on Jan. 17 to finalize its revival plan, Bloomberg reported. Vauld’s creditor protection was set to expire on Jan. 20 and the lender sought to extend the protection until April 21. However, the court granted an extension only until Feb. 28. Vauld halted customer…

Justin Sun says he may spend $1 billion on DCG assets

Justin Sun could spend $1 billion of his funds to buy assets belonging to Digital Currency Group, according to a report from Reuters on Jan. 13. Sun told the media company that he could spend that amount to buy a portion of DCG’s assets “depending on their evaluation of the situation.” Reuters was unable to…

Binance-Voyager deal gets initial court approval despite SEC objections

The U.S. bankruptcy court for the Southern District of New York provided an initial greenlight for the Binance-Voyager deal on Jan. 10, Reuters reported. Judge Michael Wiles approved the disclosure statements that explained the various aspects of the deal. However, Judge Wiles asked the attorneys working on the deal to revise the proposed order before…