XRP community awaits Clawback proposal on XRPL, offering stability but raising autonomy concerns. Market impact uncertain; technical analysis signals mixed reactions. Post-implementation reaction crucial for XRP's future.
Xu LinXRP Ledger validators approve Clawback for reversible transactions and back an upcoming AMM trading platform upgrade.
EdmundThe XRP Ledger's Clawback feature garners significant support, promising enhanced control and security for token issuers and paving the way for broader CBDC and stablecoin adoption.
MiyukiFTX's legal battle against the parents of Sam Bankman-Fried, its former CEO, intensifies as they seek dismissal of the lawsuit. The defense emphasizes that the claims are based on familial ties and challenges the assertion of a fiduciary relationship. The ongoing dispute involves attempts by FTX to claw back millions, including a $16.4 million villa, amid denial and defense by Bankman and Fried.
EdmundCelsius announced Wednesday that it has selected Novawulf Digital Management, a digital asset investment firm, to help bring its high-profile bankruptcy case to a close.
decryptEligible Celsius users will be able to withdraw 94% of their assets from the platform after updating their KYC and other account information.
CryptoSlateA court-appointed independent examiner said Alex Mashinsky profited over $60 million from his sales of Celsius tokens.
CryptoSlateUnder intense pressure, Celsius, an experimental cryptocurrency lender, cracked under heavy pressure and was forced to file for bankruptcy in July.
BitcoinistCrypto lender Celsius Network, one of the biggest in the world, has filed for Chapter 11 bankruptcy protection, joining a ...
Bitcoinist"Our front office teams [...] think and act like risk managers to ensure that we are not exposed in any significant way to market swings," said Celius chief financial officer Rod Bolger.
Cointelegraph