A U.S. court has granted a request by cryptocurrency lender Celsius that sets a deadline for customers to file proofs of claim in the ongoing bankruptcy proceedings. According to news this morning, the deadline for Celsius users to file bankruptcy claims is set for January 3 next year, which is the last day creditors can submit claims to Celsius. After this date, creditors who do not file claims may lose their eligibility for claims. .

A U.S. court has granted a request by cryptocurrency lender Celsius that sets a deadline for customers to file proofs of claim in the ongoing bankruptcy proceedings. According to news this morning, the deadline for Celsius users to file bankruptcy claims is set for January 3 next year, which is the last day creditors can submit claims to Celsius. After this date, creditors who do not file claims may lose their eligibility for claims. .

according to the US Patent Network, Sony Corporation has successfully applied for a patent for its "Using Tokens on Distributed Ledgers to Track In-Game Unique Digital Assets" technology, which creates a distributed ledger to track the history of digital assets and store them across devices , a system and method for tracking a digital asset associated with a video game may be provided, the digital asset may be an in-game digital asset, such as an in-game item or character.

according to the US Patent Network, Sony Corporation has successfully applied for a patent for its "Using Tokens on Distributed Ledgers to Track In-Game Unique Digital Assets" technology, which creates a distributed ledger to track the history of digital assets and store them across devices , a system and method for tracking a digital asset associated with a video game may be provided, the digital asset may be an in-game digital asset, such as an in-game item or character.

Cryptocurrency firm Genesis is still trying to raise cash, according to the Wall Street Journal. Genesis has approached crypto exchange Binance for investment and a bid for its lending book, according to people familiar with the matter. Binance decided not to invest due to concerns that some of Genesis' businesses could create conflicts of interest in the future. A Genesis spokesperson said: "The company has no immediate plans to file for bankruptcy and the goal is to resolve the current...

Cryptocurrency firm Genesis is still trying to raise cash, according to the Wall Street Journal. Genesis has approached crypto exchange Binance for investment and a bid for its lending book, according to people familiar with the matter. Binance decided not to invest due to concerns that some of Genesis' businesses could create conflicts of interest in the future. A Genesis spokesperson said: "The company has no immediate plans to file for bankruptcy and the goal is to resolve the current...

Digital asset manager Valkyrie Investments, Inc. has laid off about 30% of its 23 employees, according to Bloomberg. Valkyrie chief executive Leah Wald said the company's management team had conducted a comprehensive assessment of asset growth so far this year and reviewed the role and contribution of each employee, and concluded that layoffs were necessary, but only in sales and marketing roles. . As previously reported, Valkyrie last month liquidated the Balance Sheet Opportunities ETF...

Digital asset manager Valkyrie Investments, Inc. has laid off about 30% of its 23 employees, according to Bloomberg. Valkyrie chief executive Leah Wald said the company's management team had conducted a comprehensive assessment of asset growth so far this year and reviewed the role and contribution of each employee, and concluded that layoffs were necessary, but only in sales and marketing roles. . As previously reported, Valkyrie last month liquidated the Balance Sheet Opportunities ETF...

FTX is seeking up to $10 billion in emergency funding as it nears bankruptcy, according to a quasi-investment term sheet obtained by the Financial Times. There are two schemes provided in the letter of intent for investment, one is traditional investment, which is divided by investment method (equity and conversion, etc.) and scale (greater or less than 2.5 billion US dollars); the other is the so-called overall portfolio investment (all-together set ( AT)), the latter is similar to a crowdfu...

FTX is seeking up to $10 billion in emergency funding as it nears bankruptcy, according to a quasi-investment term sheet obtained by the Financial Times. There are two schemes provided in the letter of intent for investment, one is traditional investment, which is divided by investment method (equity and conversion, etc.) and scale (greater or less than 2.5 billion US dollars); the other is the so-called overall portfolio investment (all-together set ( AT)), the latter is similar to a crowdfu...

According to the Financial Times, Prime Minister Philip Davis of the Bahamas told parliament on Wednesday that the Bahamas could not prevent the collapse of FTX and has not found any "flaws" in the country's cryptocurrency regulation. The Bahamas is not the only country that regulates FTX's global operations, and investigating the FTX debacle is very important to the Bahamas. In his speech, Davis stated that based on the analysis and understanding of the FTX liquidity crisis so far,...

According to the Financial Times, Prime Minister Philip Davis of the Bahamas told parliament on Wednesday that the Bahamas could not prevent the collapse of FTX and has not found any "flaws" in the country's cryptocurrency regulation. The Bahamas is not the only country that regulates FTX's global operations, and investigating the FTX debacle is very important to the Bahamas. In his speech, Davis stated that based on the analysis and understanding of the FTX liquidity crisis so far,...

Hong Kong-based cryptocurrency retail service provider Genesis Block will shut down its over-the-counter trading portal on Dec. 10, Reuters reported. Genesis Block used to operate one of the largest Bitcoin ATM networks in Asia. A Genesis Block executive who previously served as a director of FTX Hong Kong resigned this month, according to a person familiar with the matter. Genesis Block executives declined to comment

Hong Kong-based cryptocurrency retail service provider Genesis Block will shut down its over-the-counter trading portal on Dec. 10, Reuters reported. Genesis Block used to operate one of the largest Bitcoin ATM networks in Asia. A Genesis Block executive who previously served as a director of FTX Hong Kong resigned this month, according to a person familiar with the matter. Genesis Block executives declined to comment

GameFi platform Digital Entertainment Asset Pte. Ltd. (DEA) and Rakuten Group (Rakuten Group) signed a memorandum of understanding on Web3 cooperation. Rakuten Capital, the corporate venture capital arm of Rakuten Group, made a minority investment in DEA by subscribing for share acquisition rights. According to Hiroshi Takasawa, President of Rakuten Capital, through this investment, DEA will carry out a number of Web3 business plans, and will use DEA’s experience in GameFi, Token economy, and...

GameFi platform Digital Entertainment Asset Pte. Ltd. (DEA) and Rakuten Group (Rakuten Group) signed a memorandum of understanding on Web3 cooperation. Rakuten Capital, the corporate venture capital arm of Rakuten Group, made a minority investment in DEA by subscribing for share acquisition rights. According to Hiroshi Takasawa, President of Rakuten Capital, through this investment, DEA will carry out a number of Web3 business plans, and will use DEA’s experience in GameFi, Token economy, and...

After the collapse of Alameda, DeFi protocol Ren Protocol is in danger of not having enough funds to grow. Ren is an Ethereum-based DeFi protocol that can mint encapsulated encrypted assets to bridge to Ethereum and BNB chains. Ren has processed over $13 billion in cross-chain transaction volume since its inception. Alameda has acquired Ren since early 2021 and has provided $700,000 in quarterly funding for Ren's development. The Ren team revealed that the current funds are only enough t...

After the collapse of Alameda, DeFi protocol Ren Protocol is in danger of not having enough funds to grow. Ren is an Ethereum-based DeFi protocol that can mint encapsulated encrypted assets to bridge to Ethereum and BNB chains. Ren has processed over $13 billion in cross-chain transaction volume since its inception. Alameda has acquired Ren since early 2021 and has provided $700,000 in quarterly funding for Ren's development. The Ren team revealed that the current funds are only enough t...

Encrypted KOL Autism Capital tweeted that there are rumors in the market that Genesis, an encrypted trading and lending institution, may have solvency problems. The company will call creditors at 8:00 EST on November 17 to explain the situation. If the news is true, Genesis may dump ETHE and GBTC to repay lenders. According to Coinglass data, the current negative premium of the Grayscale Bitcoin Trust Fund (GBTC) is 37.08%, and the negative premium of the ETH Trust is 34.47%.

Encrypted KOL Autism Capital tweeted that there are rumors in the market that Genesis, an encrypted trading and lending institution, may have solvency problems. The company will call creditors at 8:00 EST on November 17 to explain the situation. If the news is true, Genesis may dump ETHE and GBTC to repay lenders. According to Coinglass data, the current negative premium of the Grayscale Bitcoin Trust Fund (GBTC) is 37.08%, and the negative premium of the ETH Trust is 34.47%.

According to The Block, Binance said it was unable to provide details about FTX as it was being questioned by regulators. A spokesperson for Binance confirmed that regulators in multiple jurisdictions are launching inquiries into Binance’s role in the FTX debacle. The spokesperson claimed that no further details could be provided as the exchange was cooperating with regulators. According to previous news, Binance has sent a five-page certification document to the Treasury Committee of the Bri...

According to The Block, Binance said it was unable to provide details about FTX as it was being questioned by regulators. A spokesperson for Binance confirmed that regulators in multiple jurisdictions are launching inquiries into Binance’s role in the FTX debacle. The spokesperson claimed that no further details could be provided as the exchange was cooperating with regulators. According to previous news, Binance has sent a five-page certification document to the Treasury Committee of the Bri...

Tess Rinearson, the head of Twitter’s cryptocurrency division, has resigned, Bloomberg reported. Meanwhile, senior software engineer Hamdi Allam has also left the unit. According to previous news, Musk has fired many employees who criticized him, and at the same time warned the remaining employees in the email that if they want to keep their jobs, they will have to "work long hours." https://www.bloomberg.com/news/articles/2022-11-18/twitter-s-twtr-crypto-head-and-staff-resign-in-mass-musk-ex...

Tess Rinearson, the head of Twitter’s cryptocurrency division, has resigned, Bloomberg reported. Meanwhile, senior software engineer Hamdi Allam has also left the unit. According to previous news, Musk has fired many employees who criticized him, and at the same time warned the remaining employees in the email that if they want to keep their jobs, they will have to "work long hours." https://www.bloomberg.com/news/articles/2022-11-18/twitter-s-twtr-crypto-head-and-staff-resign-in-mass-musk-ex...