2023-01-05

📬Court Approves Celsius Network’s Ownership of $4.2 Billion in Customer Funds

Daily Digest – January 5th

 

  • SEC Objects to Binance U.S. $1 Billion Acquisition Deal for Voyager Assets

  • Regulator to Seize $465M of Robinhood (HOOD) Shares Tied to FTX Founder

  • Genesis Tells Investors More Time is Needed to Deal with Financial Woes

  • Judge Rules Celsius Network Owns Users’ Funds in Celsius Earn Accounts

  • Hong Kong Proposes Digital Hong Kong Dollar Be Issued as a Stablecoin

Court Approves Celsius Network’s Ownership of $4.2 Billion in Customer Funds

On Dec. 4, the U.S. Bankruptcy Court in the Southern District of New York affirmed Celsius, a troubled crypto lender, as the rightful owner of all crypto assets...

Genesis Unlikely to Meet Gemini’s Deadline as CEO Says It Needs ‘Additional Time’ to Sort Liquidity Issues

Genesis seems unlikely to meet Gemini’s January 8 deadline to solve its liquidity issues and return more than $900 million owed to Gemini Earn lending program users.

Fanatics Sells Its 60% Stake in Sports NFT Firm Candy Digital

Sports apparel and memorabilia firm Fanatics has sold its majority — 60% — in Candy Digital, a sports-focused NFT company, to a group led by Galaxy Digital following a...

This Is Why Shiba Inu (SHIB) Grows 3.9%: Shibarium Beta Network Update

The extremely popular memecoin Shiba Inu (SHIB) is on the way to a game-changing technical upgrade. This was revealed on Shibarium Network’s official...

SEC Opposes Voyager’s Acquisition by Binance.US – Here Are the Reasons

The United States Securities and Exchange Commission has objected to Binance.US’s acquisition of embattled crypto lender Voyager Digital. In a bankruptcy court...

    That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team