The U.S. Bankruptcy Court for the Southern District of New York was informed that Celsius's rank-and-file creditors had voted in favor of a plan, but the vote still needs the approval of the Court.
Sony is collaborating with Startale Labs for a pioneering Web3 blockchain venture, which aims to transform the Web3 infrastructure, expressing optimism in surpassing Coinbase's Base in functionality.
Coinbase's Base hit 16 transactions per second earlier in August, a number inferior to what a blockchain could do and not even close to BSV's 128M transactions in a 24-hour period in the same month.
Circle assumes "direct accountability" for USDC following the dissolution of the Centre consortium as a stand-alone entity, with plans to debut the stablecoin to six new blockchains.
Following brc-20, sats.names, and bitmap comes friend.tech, a marketplace that allows users to buy and trade shares with digital currency, successfully onboarding 10,000 users in its August 9 launch.
Coinbase generated revenue of $707.9 million in the three months ending June 30, a 12.5% decline from the same period last year and 8.3% below the first quarter of 2023.