BlockFi has reached an agreement in principle with Vrai Nom Investment in its complex bankruptcy proceedings, potentially marking a pivotal moment in the crypto lending firm’s efforts to navigate its financial challenges. BlockFi has been granted an adjournment on related hearings until Dec. 19. As BlockFi emerges from the shadows of its November 2022 bankruptcy The post BlockFi secures key $21M agreement with Vrai Nom amid turbulent bankruptcy appeared first on CryptoSlate.
Last week saw a remarkable influx of capital into digital asset investment products, amounting to $346 million, according to CoinShares’ most recent data. This figure represents the most significant weekly inflow in a consecutive nine-week run and marks a pivotal point last seen during the bull market enthusiasm of late 2021. According to the reported The post Canada and Germany dominate crypto ETP inflows as record $346M added to funds appeared first on CryptoSlate.
Bitcoin miner HIVE has finalized an agreement to acquire a data center facility in Boden, Sweden. This acquisition, part of a property transfer agreement with Turis AB, signals a notable expansion of HIVE’s infrastructure in Europe. The Boden facility, previously integrated into the EU Horizon 2020 project, is expected to enhance HIVE’s bitcoin production capabilities, The post HIVE expands European footprint with strategic Swedish data center acquisition appeared first on CryptoSlate.
The Monetary Authority of Singapore’s (MAS) Project Guardian has been making waves in recent months for its progressive approach to digital assets. For instance, MAS recently launched the world’s first live repurchase transaction using a digitally native bond on a public blockchain. This and countless other innovations mark a significant milestone in its recent digital asset The post Singapore MAS tokenization standards require overhaul to realize innovation potential – Ralf Kubli Interview appeared first on CryptoSlate.
In a move that blends innovation with philanthropy, the American Cancer Society (ACS) has embraced web3 technology by partnering with Gitcoin, a leading figure in open-source funding, according to a statement shared with CryptoSlate. This strategic collaboration signifies a milestone for the ACS as it steps into the decentralized world of web3, leveraging Gitcoin’s expertise The post American Cancer Society leverages Gitcoin for decentralized open-source cancer research funding appeared first on CryptoSlate.