Legal fees skyrocket in high-profile crypto bankruptcies

High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis.

View Details

Small creditors put at risk by latest FTX bankruptcy development

The transfer of the bankruptcy claim from FTX EU to FTXcreditor could have a significant impact on stakeholders.

View Details

Binance Australia halts AUD fiat transfers amid third party provider issues

Binance Australia has halted all Australian Dollar deposits. Users can still buy and sell cryptocurrencies using credit or debit cards. Binance Australia is working towards finding an alternative payments provider. Binance Australia has with immediate effect halted all Australian Dollar deposits for its users, according to a statement the company tweeted on Thursday. The crypto […]

The post Binance Australia halts AUD fiat transfers amid third party provider issues appeared first on CoinJournal.

View Details

Telcoin, Inc.s Digital Asset Depository Charter hearing set for Dec 5th, 2024

Telcoin aims to become the first regulated crypto bank and issuer of stablecoins. Telcoin’s Digital Asset Depository Charter hearing is set for December 5, 2024. Approval of Telcoin Bank’s charter is expected in early 2025 following the hearing. Telcoin, Inc. is set to hold a pivotal hearing for its application to become the first regulated […]

The post Telcoin, Inc.’s Digital Asset Depository Charter hearing set for Dec 5th, 2024 appeared first on CoinJournal.

View Details

SoFi Bank holds $170 million in crypto

SoFi Bank’s second quarter earnings report indicated crypto holdings of $170 million. It includes Bitcoin, Ethereum, Litecoin, Dogecoin and Cardano. San Francisco-based SoFi Bank, which has over 6.2 million customers, has revealed it holds up to $170 million worth of crypto, Trustnodes reported. SoFi Bank holds BTC, ETH, DOGE Per details in the bank’s Q2 […]

The post SoFi Bank holds $170 million in crypto appeared first on CoinJournal.

View Details