Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
,
investment news
- crypto consortium Fahrenheit is the winning bidder in the takeover of the insolvent lender Celsius Network, According press release, Consortium, which is supported by bitcoin corporation, Arrington Capital, proof set, steven kokinosAnd Ravi Kaza, will take ownership of Celsius’ institutional loan portfolio, staked crypto assets, bitcoin mining units and other crypto-related investments. Fahrenheit will provide the capital, management team and technology to set up and operate the new public, regulation-compliant company, which will receive Liquid Cryptocurrency, estimated to be valued between $450m and $500m.
legal news
- russian Citizen and co-founder of an allegedly illegal crypto exchange, BTC-AAlexander Vinnik, who is facing We Money-laundering charges are driving a drive to engage in any prisoner exchange between the two countries that could detain Wall Street Journal reporter Ivan Gershkovich, WSJ informed of, Vinnik’s attorneys are attempting to change a protective order in Vinnik’s case to consider him part of a prisoner trade agreement. David Rizk, an assistant federal defender in the Northern District of California, said such negotiations require a strong public campaign to “maximize the possibilities” of an exchange.
- advocate for ftx investors said they finally (again) served ex-basketball star Shaquille O’Neal at the former FTX Arena, which is now Cassia CenterIn Miami, during a playoff basketball game he was commentating on, According To The Wall Street Journal. It follows a new lawsuit alleging that O’Neill solana-based non-fungible token project called astralsWhat the lawsuit called “unregistered securities.”
- Terra / Luna co founder do quon And Chief Financial Officer Han Chang-joon will remain in custody montenegroafter court canceled First accepted request for bail. The High Court claimed that the Basic Court did not adequately assess the value of the defendant’s property. The next hearing has been scheduled for June 16.
exchange news
- bitpanda announced the cooperation of coinbase US exchange to connect with banks Europe Who want to provide digital assets to their customers. Per announcement, in association with bitpanda technology solutionsCoinbase can now “offer its institutional clients outside the United States a fully regulated, flexible and scalable 24/7 trading infrastructure.” It will open a new European investment solution that “reflects Coinbase’s standards in safety and security,” it said. Bitpanda will also add Coinbase to its network of approved liquidity providers.
- bitfinex announced new investments in Chile crypto firm orionxAs both companies look to accelerate efforts to promote financial freedom and inclusion latin america, Said Press release. Bitfinex will gain a significant following in Latin America, it said, indirectly reaching millions of users, where it will support general education programs for local universities. Meanwhile, OrionX will benefit from Bitfinex’s crypto trading expertise and network as well as its product features including crypto trading, staking and lending, among other things.