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.
Coinbase narrowly escaped massive losses, thanks to the rising fiat value of major tokens, but this isn't enough to save its revenue from plummeting as Wells notice from the SEC looms.
