Terraform Labs Reorganization Hearing is Scheduled for September 19
Terraform Labs will face its Chapter 11 bankruptcy reorganization hearing on September 19. The outcome of this hearing will have a significant impact on the company’s future.
Tether Plans to Issue a Stablecoin Pegged to the UAE Dirham
Tether has revealed its intentions to create a stablecoin that will be tied to the United Arab Emirates Dirham (AED).
Mt. Gox Transfers $700M in Bitcoin to a New Wallet Address
Mt. Gox has transferred 13,265 Bitcoin (worth $784 million) to unknown wallets. This is the defunct cryptocurrency exchange’s first major on-chain activity since late July.
State Street Plans to Provide Digital Assets Services
State Street, a global custody bank with $44.3 trillion in assets under management, has chosen Taurus to provide digital asset services.
Nigeria to Introduce a Licensing Regime for Crypto Exchanges
Nigeria’s Securities and Exchange Commission (SEC) plans to license issuers of virtual assets, including cryptocurrencies.
Gate.io to Plans to Launch a $100M Innovation Fund
This fund aims to accelerate Web3 innovation globally by supporting developers and projects, particularly in the United States, Asia, Europe, and the Middle East.
Bitwise Expands to European Market Through New Acquisition
Crypto asset manager Bitwise has acquired London-based ETC Group, a leading issuer of cryptocurrency exchange-traded products (ETPs).
