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When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method. Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption. Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions. At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike. Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
FTX lawyers to reap millions from the bankruptcy case: Report
FTX’s legal team from Sullivan & Cromwell has 150 people on the bankruptcy case, with thirty partners reportedly charging more...
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Core Scientific files motion to sell over $6M in Bitmain coupons
Some conditions applied to the coupons make them useless for Core Scientific's business, a court filing shows.
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Argo Blockchain accused of misleading investors in class-action lawsuit
After a torrid 2022 that saw it sell off its flagship mining facility, Argo Blockchain’s woes are worsening after a...
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Sam Bankman-Fried seeks to access FTX funds
Sam Bankman-Fried lawyers claim he was not involved in previous unauthorized transactions, and should have access to company assets.
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Silvergate suspends dividends to preserve ‘highly liquid balance sheet’
January has been a rough month for Silvergate, with the dividend halts coming just a few weeks after it announced...
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New Ripple president says her job is to continue to scale amid crypto winter
Veteran Ripple executive and former general manager Monica Long said the company has seen record growth in recent months despite...
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Crypto Biz: A peek into BlockFi’s secret financials (it’s not pretty)
How much exposure does BlockFi have to Sam Bankman-Fried failed enterprises? A lot, according to accidentally leaked financials.
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SEC once again rejects ARK 21Shares Bitcoin ETF listing
Proponents of the fund had argued that a current surveillance sharing agreement with CME would be adequate to protect investors.
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ISDA releases standard definitions for digital asset derivatives
The International Swaps and Derivatives Association is working on two papers to address fundamental legal risks in the crypto markets.
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88x Finance partners with Axelar Network for cross-chain yield aggregator
The startup is one of the projects participating in the Axelar Ecosystem Startup Funding Program.
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C R Y P T O - C U R R E N C Y - N E T W O R K
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CCN team purpose is to provide news ,education and spreading information about digital Currencies to people of the world