Category: Business

Celsius Network hires advisers ahead of potential bankruptcy: Report

Celsius Network hires advisers ahead of potential bankruptcy: Report

Restructuring, bankruptcy, buyouts… media outlets are swarming with different reports on the next steps Celsius may take. 6619 Total views 48 Total shares Crypto lending platform Celsius Network has reportedly onboarded advisers from a management consulting firm in advance of the company possibly facing bankruptcy. According to a Friday report from the Wall Street Journal, […]

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MicroStrategy may explore ‘future yield generation opportunities’ on 95,643 BTC holdings

MicroStrategy may explore ‘future yield generation opportunities’ on 95,643 BTC holdings

As of March 31, MicroStrategy held a total of 129,218 BTC, which the firm reported had a carrying value of roughly $2.9 billion. 3508 Total views 50 Total shares Business intelligence firm MicroStrategy said it will consider opportunities for yield generation on 95,643 “unencumbered” Bitcoin (BTC) held by its subsidiary MacroStrategy. In MicroStrategy’s report for […]

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Atari claims its namesake token is now ‘unlicensed’ as it terminates blockchain joint venture

Atari claims its namesake token is now ‘unlicensed’ as it terminates blockchain joint venture

The company appears to have abruptly terminated the ATRI token partnership, but indicated that it still sees a bright future for blockchain related ventures within the company. 2754 Total views 26 Total shares In a statement published by former video-game giant Atari on Monday, the firm says it has, effective immediately, terminated all license agreements with […]

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Crypto is going mainstream: Here’s how the future founders will build on it

Crypto is going mainstream: Here’s how the future founders will build on it

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Wikimedia community supports proposal to stop foundation from accepting crypto donations

Wikimedia community supports proposal to stop foundation from accepting crypto donations

The arguments in favor included environmental concerns surrounding Bitcoin transactions and “the risk to the movement’s reputation for accepting cryptocurrencies.” 1384 Total views 24 Total shares Requests for comments on a proposal urging the Wikimedia Foundation to stop accepting donations in cryptocurrency have closed, with the majority of users voting in favor. According to a […]

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