Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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exchange news
- liquidA Japan-based crypto exchange that is now bankrupt ftx The exchange released a plan to return assets to customers from February next year. To Company statement, FTX Japan is developing systems to enable its customers to withdraw their assets through Liquid Japan. This will involve a three-step process wherein customers will open Liquid Japan accounts by mid-January, followed by balance checks and withdrawals starting in mid-February.
legal news
- Securities Commission of the Bahamas Confirmed It has a net worth of $3.5 billion ftxproperty, which it took over in early November. The regulator said that until the Bahamas Supreme Court directs them to distribute the funds to the customers and creditors of the failed exchange, or until they receive clarity on how to handle the firm’s bankruptcy, the assets will be held by their Will remain in digital wallet.
DeFi News
- COTI NetworkLayer-1 blockchain behind cardano ,ada) is about to come jade The stablecoin has announced that it has updated its network. “MultiDAG 2.0 hard fork event completed successfully and mainnet is now live,” Said Press release. The launch of the MultiDAG 2.0 protocol, it said, “marks the beginning of COTI’s complete transition from a single currency infrastructure to a multi-token network.” COTI also launched the Bridge 2.0 wallet app and Explorer 2.0.
- America’s tech company safemoon announced Release of SafeMoon Token Monetization Innovation (TMI), a patent-pending invention that operates as follows: exchange fees are charged upfront in on-chain native tokens, the entire swap amount to be exchanged while preserving the liquidity pool frees; And the system adopts new smart contracts in interaction with token liquidity pairings within the SafeMoon decentralized exchange (dex) community to meet the transparency of pre-transactions, it said.
investment news
- Tokens.com Corporationis a publicly traded company that invests in web3 Builds businesses involving asset and crypto staking, metaverseand earn to play Gamblingreleased its financial results for the nine months financial year ended 30 September Reported year-end cash balance of $5.8 million and digital assets – cryptocurrency balance of $7.3 million, for a total of $13.1 million; net worth of $20 million; and $678,000 in total revenue for nine months, among other points.
community news
- lanyardbehind the company usdt stablecoin, and the Swiss city of Lugano announced That the 2nd Annual Plan ₿ Forum will be held from Friday, October 20 to Saturday, October 21, 2023. The first wave of tickets are on sale at a discounted rate that runs until January 31, or until they sell out. The press release states that the first Plan ₿ forum attracted approximately 2,000 participants. Additionally, transactions worth CHF 20,000 were processed in Lugano, including over 1,000 transactions bitcoin lightning networkAround 130 USDT transactions and 200 LVGA transactions.
career news
- bitcoin mining company bitfarm Elevated President and Chief Operating Officer Geoffrey Morphy to the position of President and Chief Executive Officer, effective immediately. Said Press release. Emiliano Grodzki has resigned as CEO and will remain a director on the board, while co-founder Nicolas Bonta will move from the position of executive chairman to the role of chairman of the board of directors.
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