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Article by Steve Kaaru

Nexo announces US exit following SEC settlement
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18 February, 2023

Nexo announces US exit following SEC settlement

Nexo paid $23 million to the SEC for securities violation and a similar amount to state regulators in January; it’s...
NFT marketplace Magic Eden announces layoffs amid Solana’s 85% price dip
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18 February, 2023

NFT marketplace Magic Eden announces layoffs amid Solana’s 85% price dip

Magic Eden has laid off 22 members of its staff as part of a wider company restructuring after Solana’s value...
Hermès wins trademark dispute lawsuit for Metabirkin NFTs
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17 February, 2023

Hermès wins trademark dispute lawsuit for Metabirkin NFTs

Hermès sued an artist who created NFTs of its famous Birkin bag and won $133K in damages, but the ruling...
Bitriver to open 100 MW mining facility following subsidy from Russia
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17 February, 2023

Bitriver to open 100 MW mining facility following subsidy from Russia

Russia is capitalizing on most countries’ anti-mining stance and is directly supporting the construction of a $12.3 million mining facility...
US gov’t, creditors oppose Celsius’ proposed restructuring extension
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14 February, 2023

US gov’t, creditors oppose Celsius’ proposed restructuring extension

The U.S. Trustee, unsecured creditors, and an ad hoc group of borrowers all filed objections against the extension, saying Celsius...
LocalBitcoins: P2P BTC marketplace shutting down, blames ‘very cold crypto-winter’
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13 February, 2023

LocalBitcoins: P2P BTC marketplace shutting down, blames ‘very cold crypto-winter’

LocalBitcoins was one of the pioneers of P2P digital asset trading and introduced many to the industry, but it chose...

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