Certain members holding high positions within the firm bill an hourly rate exceeding $2,000 for their professional services. Bankrupt crypto brokerage Voyager Digital is obligated to pay $1.1 million to its legal adviser, Kirkland & Ellis, for fees and expenses associated with its involvement in the company’s bankruptcy proceedings in April. According to the available […]

The Swiss National Bank (SNB) said it plans to issue a wholesale central bank digital currency as a pilot via SIX Digital Exchange, a subsidiary of SIX, an operator of infrastructure for the Swiss and Spanish financial centers. SNB chairman Thomas Jordan said while the Central Bank has not ruled out launching retail CBDCs, the […]

In a significant step forward for the development of Zero-Knowledge (ZK) technology, an innovative field pertaining to privacy and security in digital transactions, zkSync has announced the launch of zkStack. Created by Matter Labs, zkSync launched in its current form in March 2023. It is a layer-2 scaling solution for Ethereum, using zk rollups, and […]

The post Institutional Demand Drives Bitcoin Surge; Miners Make Strategic Moves appeared first on Coinpedia Fintech News The Bitcoin (BTC) market maintained its consolidation phase, hovering slightly above the $30.3k mark on Wednesday, as investors eagerly awaited a potential rally. With the cryptocurrency world abuzz with anticipation, the question on everyone’s minds is: Will this […]

The post “Everyone Saying Binance Is Invincible Probably Said The Same About FTX,” States Avorak Team appeared first on Coinpedia Fintech News It’s no secret that the crypto market is highly volatile, and crashes can occur anytime. Whether it’s a stablecoin, a company, or an exchange, any entity within the crypto industry is bound to […]

The post FTX Crypto Exchange Gears Up for a Relaunch – Here’s How and When appeared first on Coinpedia Fintech News In a revival attempt, fallen crypto exchange FTX is making strides to relaunch its international platform. The exchange, previously known for its significant standing in the market, faced a severe blow when a whopping […]

The post The Crypto World Shakes: Fidelity BTC ETF, Rising Interest Rates, and the CONG Token appeared first on Coinpedia Fintech News The cryptocurrency market is currently experiencing a whirlwind of events that have the potential to shape its future. Two prominent players, Fidelity and BlackRock, are seeking approval for Bitcoin Exchange-Traded Funds (ETFs), which […]

Coinspeaker Mythical Games Raises $37M in Series C Funding Round, Eyes Profitability in 2023 Gaming firm Mythical Games has just raised $37 million in a Series C1 funding round. According to the announcement, the firm plans to raise an additional $20 million to $30 million in the coming months to bring the round to a […]

Coinspeaker Bitfinex Launches P2P Trading Platform in Three Latin American Countries Digital asset exchange Bitfinex has launched a new peer-to-peer (P2P) trading platform in Venezuela, Argentina, and Colombia. The platform, called BitfinexP2P, will allow users in these countries to buy and sell Bitcoin (BTC), Ether (ETH), Tether tokens (USDT and EURT), and Tether Gold (XAUT) […]

Coinspeaker Unity (U) Stock Price Jumps Over 15% as Company Announces Its AI Marketplace On Tuesday, June 27, the stock price of Unity Software (NYSE: U) surged by more than 15% as the gaming toolmaker announced a marketplace for artificial intelligence software. This development comes at a time of hot and fresh developments taking place […]