Fahrenheit Consortium Wins Bid to Acquire Celsius Network

The deal is yet to be finalized as an initial deposit is expected within the next ten days. It is a good day for the embattled crypto lender Celsius Network as crypto consortium Fahrenheit LLC has won the bid to acquire the insolvent firm whose assets were previously valued at $2 billion. According to a … Read more

21Shares and Cathy Wood’s Ark Investment Renew Bitcoin ETF Bid amid BTC Price Rebound

The new filing comes as cryptocurrencies, and risk assets in general, are in recovery after a bad 2022. Crypto exchange-traded-product issuer 21Shares and investment firm Ark Investment Management are once again trying to get a spot Bitcoin exchange-traded fund (ETF) approved. This comes after the United States Securities and Exchange Commission (SEC) rejected two previous … Read more

Binance to Revive Its Registration Bid in Singapore

Binance is looking to legally expand its global influence and this goal is currently being threatened in countries like the United States. The Binance exchange, the world’s largest digital currency trading platform is set to retry its luck in applying as a payment service provider in Singapore. As reported by Nikkei Asia, the trading platform … Read more