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Dropbox drops unlimited storage plans, citing abuse by crypto miners
Cloud storage provider Dropbox has announced a it would discontinue its “unlimited” storage policy offered under its Dropbox Advanced plan and will replace it with a metered model to better manage the unexpectedly high usage patterns. дальше »
2023-8-26 01:10 | |
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Ripple’s Master Plan: Turning the XRP Ledger into the Leading RWA Tokenization Network?
A recent article published on Ripple’s website highlights the accelerating trend of tokenizing real-world assets like stocks, bonds, and commodities on blockchains. This process of representing assets as digital tokens unlocks liquidity, enhances efficiency, and enables 24/7 trading. дальше »
2023-8-25 18:43 | |
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Dropbox cancels unlimited storage due to crypto mining concerns
Dropbox is transitioning from its once-unlimited Advanced storage plan to metered offerings, driven by rising misuse, including cryptocurrency mining activities. In response to the increasing misuse of its Advanced storage policy, particularly for cryptocurrency mining, Dropbox is shifting from its… дальше »
2023-8-25 18:33 | |
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Dropbox Ditches Unlimited Storage, And Crypto Mining Is One Of The Culprits
Dropbox has announced the discontinuation of its unlimited storage plan due to the increasing misuse of the service by users engaged in resource-intensive activities such as cryptocurrency mining. With the surge in popularity of cryptocurrencies like Bitcoin and Ethereum, the demand for computational resources has led to an unintended consequence for services offering unlimited storage. […] дальше »
2023-8-25 12:54 | |
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Is the US’s Ultimate Plan to Ban Crypto?
The U. S. government is currently walking a tightrope when it comes to cryptocurrency regulations. As the digital currency landscape evolves, so too does the regulatory approach, leading to a series of challenges and debates about the future of crypto in the country. дальше »
2023-8-24 15:00 | |
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Logan Paul Faces Wrath of Community Over Unsettled $1,500,000 CryptoZoo Compensation
In a whirlwind of controversy, Logan Paul’s involvement with the crypto NFT project ‘CryptoZoo’ has been under intense scrutiny. Earlier this year, Paul announced a plan to compensate investors with a staggering $1. дальше »
2023-8-23 17:35 | |
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Biden’s New SAVE Student Loan Plan Could Be a Second-Wave Boon for Crypto
President Biden has introduced the SAVE plan, aiming to reduce student loan repayments, potentially freeing up capital for investments, including in cryptocurrencies. The post Biden’s New SAVE Student Loan Plan Could Be a Second-Wave Boon for Crypto appeared first on BeInCrypto. дальше »
2023-8-23 09:25 | |
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South Korean City Announces Plan To Seize Crypto Assets Of Local Tax Evaders
The government of Cheongju City, located in the central region of South Korea, is looking to confiscate virtual assets such as Bitcoin from tax evaders. According to a local media report on August 22, the city authorities sought cooperation from seven crypto exchanges, including Upbit and Bithumb, to punish these delinquents. These exchanges have been […] дальше »
2023-8-23 01:00 | |
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Facebook Thailand Operations In Jeopardy Due To Claims Of Crypto Scams, Deceptive Ads
To take action against crypto scams, Thailand is on the brink of unleashing a dramatic move against tech titan Facebook. The Ministry of Digital Economy and Society (MDES) has unveiled a formidable plan to obtain a court-issued shutdown order against Facebook, unless the social media giant takes swift action to quell the surge of fraudulent […] дальше »
2023-8-22 20:00 | |
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Oman launches $350M crypto mining center: Report
The mining facility comes as part of a plan to accelerate the digitalization of Oman’s economy, which is mainly dependent on oil exports. дальше »
2023-8-22 11:11 | |
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Celsius set to vote on asset sale plan after court approves disclosures
Celsius Network is set to vote on its plan to offload assets to the Fahrenheit consortium after securing court approval for its disclosure statement and voting plan on Aug. 17. The court approval highlights the climax of Celsius’ year-long journey from bankruptcy, navigating through tumultuous crypto market shifts and the arrest of its former CEO, […] The post Celsius set to vote on asset sale plan after court approves disclosures appeared first on CryptoSlate. дальше »
2023-8-21 03:35 | |
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Celsius Creditors Could Recoup Up To 85% Of Holdings If New Proposal Is Approved
Amid the Celsius bankruptcy, permission has been granted to the company by a US bankruptcy judge to consider creditor approval for its bankruptcy plan. Creditors are to vote on Celsius’s plans to sell assets to the Fahrenheit consortium after a judge approved disclosures on Thursday, and creditors are expected to recoup up to 85% of […] дальше »
2023-8-19 23:00 | |
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Terra Luna Classic community proposes better governance amid revival plans
The Terra Luna Classic community has proposed an inclusive plan as the blockchain platform relaunch plans. Happy Catty Crypto and Strathcole have suggested a united vision, eyeing a better network for all participants. дальше »
2023-8-18 18:54 | |
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Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval
Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings. дальше »
2023-8-18 10:13 | |
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Sichuan Province to Bolster Chinese Economy With New Metaverse Initiative
Sichuan province announces its new metaverse plan to promote economic growth in the Yangtze River Delta region. The post Sichuan Province to Bolster Chinese Economy With New Metaverse Initiative appeared first on BeInCrypto. дальше »
2023-8-18 19:15 | |
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BlockFi’s bankruptcy moves forward with creditor vote
BlockFi announces the start of its Chapter 11 solicitation period, allowing creditors to vote on the bankruptcy plan. Blockfi has announced via Twitter that the solicitation period for creditors under Chapter 11 has begun. During this time, the creditors can… дальше »
2023-8-16 16:09 | |
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Bankrupt Crypto Lender Celsius Turns To Customer Vote Following Court Approval
Celsius Network, the bankrupt cryptocurrency lender, has received court approval for its restructuring plan as it works to emerge from bankruptcy. The plan, which allows Celsius to restructure its debts and continue operating, received a United States bankruptcy judge’s permission to commence creditor votes. дальше »
2023-8-16 14:00 | |
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Blockchain powered Helium Mobile launches $5 unlimited decentralized data plan
The telecommunication world is witnessing a fundamental shift with the launch of Helium Mobile’s decentralized $5 unlimited mobile plan, one of the first of its kind, in Miami. As reported by the company, this move is seen as a strategic step towards realizing Helium’s vision of a future where connectivity is affordable and accessible to […] The post Blockchain powered Helium Mobile launches $5 unlimited decentralized data plan appeared first on CryptoSlate. дальше »
2023-8-16 10:27 | |
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Dubai unveils specialized commercial licenses to attract AI & Web3 enterprises
Dubai continues with its plan to build a leading cluster of tech firms in the Middle East & North Africa. Meanwhile, the Dubai AI & Web 3. 0 Campus has introduced specialized commercial certificates for web3 and artificial intelligence enterprises at a 90% subsidy. дальше »
2023-8-15 12:15 | |
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Las Vegas-based crypto custodian Prime Trust files for bankruptcy
In June, the Nevada regulator announced its plan to take over the firm, alleging Prime Trust was nearly insolvent. The firm will continue to function as "debtors-in-possession" under the jurisThe post Las Vegas-based crypto custodian Prime Trust files for bankruptcy appeared first on AMBCrypto. дальше »
2023-8-15 12:00 | |
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Celsius customers to vote on settlement plan with Fahrenheit after judge gives okay
The settlement was reached in July and, if the customers agree, it will go before the court for approval in October.
дальше »2023-8-15 00:57 | |
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Bankrupt Celsius Network Reveals Plan To Shut Down App, Here’s Why
When Celsius launched back in 2017, many saw the company as one that had the potential to disrupt the industry with its crypto lending platform. Six years on, Celsius’ chapter in the crypto world seems to be ending, as recent developments will suggest. дальше »
2023-8-13 01:00 | |
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FTX Fires Back at Creditors 'Willing to Gamble Estate Assets on Higher Returns'
The committee of unsecured creditors criticized the bankrupt estate's reorganization plan submitted to court in July. дальше »
2023-8-10 15:08 | |
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MakerDAO Debates New EDSR Optimization Plan As MKR Bears Retain Market Control
MakerDAO has been in the headlines recently following a boost in the maximum Dai Savings Rate (DSR) from 3. 19% to 8% on Sunday, August 6. This temporary increment termed the Enhanced Dai Savings Rate (EDSR), was designed to encourage more Dai (Maker’s stablecoin) holders to deposit their tokens on the Maker protocol and earn interest. дальше »
2023-8-10 00:00 | |
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Bitmain, Anchorage Digital eye equity stake in Core Scientific comeback from bankruptcy
Core Scientific, one of North America’s largest crypto mining companies, recently filed an updated restructuring plan in its Chapter 11 bankruptcy case. The comprehensive plan involves major crypto-native companies Anchorage Digital and Bitmain taking equity stakes in Core Scientific. дальше »
2023-8-9 18:30 | |
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FTX founder to face charges over illegal campaign finance scheme
US authorities are preparing to charge FTX founder Sam Bankman-Fried with an illegal campaign finance scheme, per court documents filed on Aug. 8. In a twist to the legal case, the prosecutors plan to file a superseding indictment for the… дальше »
2023-8-9 16:30 | |
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XRP, SOL Lead Crypto Market Bounce; RLB and UNIBOT Surge on Bullish Sentiment
Trading volumes for rollbit tokens grew 500% on a revamped token buy-and-burn plan. дальше »
2023-8-9 12:41 | |
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Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan
The world's largest machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings. дальше »
2023-8-8 17:02 | |
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Bitstamp seeks new funds to go global
Bitstamp is working on its new plan to go global. In June, the company started working with Galaxy Digital Holdings to seek funding. According to Bloomberg, the crypto exchange plans to use the funding proceeds to become global by expanding… дальше »
2023-8-8 16:47 | |
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Michael Saylor’s Plan to Sell Additional Equity for Bitcoin Investment Proves Ultra Bullish For BTC
Late Tuesday, software developer MicroStrategy filed a prospectus supplement stating intentions to sell up to $750 million worth of stock with the intention to buy more Bitcoin, among other things. дальше »
2023-8-7 00:46 | |
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Elon Musk Shuts Down Speculations Of An X Coin, Says Platform Will Not Launch A Token
Elon Musk has shut down rumors that his X platform plan to launch an X token as part of the X ecosystem as certain media outlets had reported about $X and $TWITTER tokens giving the impression that they were linked to the social media giant. дальше »
2023-8-5 18:00 | |
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Binance’s Cryptic Algo Stablecoin Plan: Business Analyst Deciphers The Move
Binance CEO Changpeng Zhao’s recent comment about his intention to introduce an algorithmic stablecoin into the crypto market has sparked significant discourse. A key contribution to this ongoing conversation comes from Adam Cochran, an esteemed fintech executive and business analyst. дальше »
2023-8-4 17:00 | |
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Crypto Lender BlockFi Receives Conditional Approval For Bankruptcy Plan
In a recent development, popular cryptocurrency lender BlockFi has announced that a US court has conditionally approved its bankruptcy plan and ordered that everyone entitled to vote should vote to accept the plan. дальше »
2023-8-3 22:00 | |
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BlockFi conditionally approved $1B recovery plan sets stage for repayment, larger recoveries
Bankrupt crypto lender BlockFi announced that it had received conditional approval for its disclosure statement from the United States Bankruptcy Court of New Jersey, according to an Aug. 2 press statement jointly issued with its Official Committee of Unsecured Creditors. дальше »
2023-8-3 15:45 | |
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U.S. debt ceiling hike: A gateway to exponential borrowing
Quick Take After the U. S. government’s decision to suspend the debt limit till 2025, the national debt has swelled to a staggering $32. 6 trillion from nearly $32 trillion in June. With the Treasury’s new plan to borrow an additional $1. дальше »
2023-8-2 07:00 | |
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FTX reorganization plan announced, FTT rallies
The fallen cryptocurrency exchange FTX and its Unsecured Creditors Committee (UCC) announced its plan to reorganize and launch a new project called FTX 2.0. On May 23, the exchange revealed its initial plan to relaunch the project with its new… дальше »
2023-8-1 15:40 | |
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FTT Token Surges 17% After FTX Confirms Rumors Of Relaunch
Bankrupt crypto exchange FTX has submitted a proposal that may result in the relaunch of its international arm FTX. com. On August 1, the company’s bankruptcy administrators confirmed rumors of a relaunch by filing a draft plan of reorganization in which it proposes the kick-off of a “rebooted” offshore exchange exclusive to non-US users only. дальше »
2023-8-1 15:08 | |
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FTX To Eliminate FTT Token, Suggests Creditors Be Paid In Cash
In a recent development, the bankrupt FTX crypto exchange has announced a draft creditor-repayment plan as part of its ongoing bankruptcy restructuring procedure. The freshly revamped exchange intends on clearing out its digital token FTT while settling customer claims in cash. дальше »
2023-8-1 15:00 | |
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FTT holders left hanging in proposed FTX restart plan
Bankrupt FTX has submitted a proposal to restart its international exchange if it can get the offshore customers to agree, according to a July 31 court filing. FTX restart plan According to the filing, FTX classified its creditors into different categories, including one that called its international users the “dotcom customers. дальше »
2023-8-1 13:10 | |
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FTX Plans to Restart Crypto Exchange for International Customers
Proposed re-organization plan provides a pathway for a specific class of debtors to pool assets to create a new, offshore exchange. дальше »
2023-8-1 06:39 | |
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