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According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake. Source link
In today’s world of investing, Bitcoin has caught the attention of many with its potential for high returns. But for those interested in owning Bitcoin directly, it can be a bit of a headache. Setting up crypto wallets, dealing with unfamiliar exchanges, and worrying about cybersecurity can all be daunting. Enter the Bitcoin Exchange-Traded Fund (ETF). Bitcoin ETFs offer a simpler way to invest in Bitcoin without actually owning it yourself. Instead of dealing with all the technical stuff, you can buy and sell shares of the ETF through your regular brokerage account, just like you would with any other…
We are pleased to share a significant development from Trigo Blockchain: the introduction of our comprehensive TRG tokenomics strategy. This strategic initiative represents a pivotal step forward in our commitment to establishing a robust and sustainable decentralized finance (DeFi) ecosystem. Total Token Supply Breakdown: As part of our dedication to transparency and community engagement, we have meticulously divided the total token supply of TRG. This breakdown enhances our ability to adapt to evolving market dynamics while empowering stakeholders to actively participate in our ecosystem’s governance and growth. Multifaceted Utility: The segmented token supply structure grants TRG token holders access to…
Your Gateway to Global Crypto Management In a groundbreaking development for the world of cryptocurrency, RIGO WALLET has officially launched its cutting-edge crypto management platform worldwide. This momentous occasion comes after months of meticulous planning and tireless effort, marking a significant leap forward in the accessibility and usability of digital asset management. RIGO WALLET, far from being just another crypto wallet, represents a comprehensive solution designed to simplify and streamline every aspect of managing digital assets. With its array of features including multi-chain support, compatibility with various cryptocurrencies, and seamless exchange functionalities, RIGO WALLET stands as a beacon of convenience…
For the past decade, the abbreviations AML and KYC have become an inextricable part of our lives. To help law enforcement track illegal funds, an increasingly constraining set of anti-money-laundering measures is being implemented across the globe. For the past two decades, it has involved extensive know-your-customer obligations for financial institutions, forced to check their clients’ identities, backgrounds, and the nature of their activities. This system, based on surveillance and the presumption of guilt, has helped the global financial system to efficiently fight criminals by cutting off their money flows. Or has it really? Real-life numbers tell a different story.…
On March 14, 2024, El Salvador’s president-elect, Nayib Bukele, unveiled a historic bold maneuver that echoed across the Bitcoin world: El Salvador confirmed the transfer of a substantial portion of its Bitcoin holdings into cold storage, securely kept within a vault in its national borders. This strategic decision marks a pivotal juncture in El Salvador’s Bitcoin journey since the introduction of the Bitcoin Law, which has drawn both admiration and skepticism worldwide. Amidst a cacophony of critiques ranging from allegations of human rights violations to inadequate modern infrastructure, El Salvador has stood committed, weathering storms of disapproval from traditional finance…
For anyone with substantial bitcoin holdings, a custody structure that includes a single point of failure should be seen as unacceptable. If a wallet has a single component that—when lost or stolen—can lead to a permanent loss of funds, then it’s simply too dangerous to consider. Nobody wants to keep significant wealth teetering on the edge of catastrophe. Individual bitcoin holders have numerous tools available that can help reduce the risk of loss or theft. In a previous article, we covered some of these tools, highlighting modifications commonly applied to singlesig wallets. However, we also explained why these approaches fall…
RIGO WALLET offers more than just transactions; it’s a holistic crypto managementsolution evolving to meet your needs. Our forthcoming integration enableseffortless cryptocurrency swaps at the best market rates, reaffirming ourCommitment to user satisfaction and Innovation in the crypto wallet space. Withstate-of-the-art encryption and authentication protocols, your assets are secure.Transition to RIGO WALLET today for a Seamless, Secure, and future-proof cryptoexperience. Join us in redefining decentralized finance. Benefits of RIGO WALLET Mobile: How to create RIGO Wallet ? Step 1How to Download the App: Open Google Play Store.Search for “Rigo Wallet.”Tap “Install” and wait for the app to download. Step 2How…
Today, more than 25 leading Bitcoin organizations joined forces under the banner of the ‘Bitcoin Deserves an Emoji’ movement. Spearheaded by Nexo, this global initiative is dedicated to securing an official Bitcoin emoji for digital keyboards everywhere, signaling a monumental step toward recognizing Bitcoin’s multifaceted role in society as a revolutionary technology, a form of money, and a cultural phenomenon. “Bitcoin’s journey reflects a remarkable blend of innovation and community,” stated Kosta Kantchev, Co-founder & Executive Chairman of Nexo. “It’s time its significance is recognized universally, starting with a symbol we all understand – an emoji. Join us in making history.”…
The London Stock Exchange (LSE) released a “crypto ETN admission factsheet” showcasing its decision to accept applications for Bitcoin exchange-traded notes (ETNs). The move comes as part of the LSE’s efforts to expand its offerings and provide investors with exposure to bitcoin. JUST IN: 🇬🇧 London Stock Exchange to start accepting #Bitcoin exchange traded note applications pic.twitter.com/h2XmzXqz2f — Bitcoin Magazine (@BitcoinMagazine) March 11, 2024 Bitcoin exchange-traded notes are financial instruments that track the price of Bitcoin and are traded on traditional stock exchanges. By allowing the listing of Bitcoin ETNs, the LSE would be providing investors with an opportunity to gain exposure…