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Mirror Trading International Liquidators Spent More Than $6 million on Lawyers and Investigators

Mirror Trading International Liquidators Spent More Than  million on Lawyers and InvestigatorsLiquidators of the now defunct bitcoin trading platform, Mirror Trading International have so far used approximately $4.2 million on expenses such as lawyers’ or consultants’ fees. Between Jan. 23, 2023, and the date of their appointment, liquidators claimed to have recovered approximately $770,000 which belonged to MTI. Liquidators’ Fees Liquidators of the collapsed bitcoin Ponzi […]

Yuga Labs restructures again, EU touts metaverse health benefits: Nifty Newsletter

Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days

Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 DaysSix days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of the crypto economy’s $67.71 billion in global trade volume over […]

Yuga Labs restructures again, EU touts metaverse health benefits: Nifty Newsletter

Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022

Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022On December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer protocol the Lightning Network (LN). According to Chainalysis, firms like exchanges and virtual asset service providers (VASPs) can leverage the company’s Know-Your-Transaction (KYT) real-time transaction monitoring software in order to access compliant bitcoin deposits and withdrawals from […]

Yuga Labs restructures again, EU touts metaverse health benefits: Nifty Newsletter

Blockchain Surveillance Firm Chainalysis Raises $100 Million, Company’s Valuation Now $4.2 Billion

Blockchain Surveillance Firm Chainalysis Raises 0 Million, Company’s Valuation Now .2 BillionThe blockchain intelligence and surveillance firm Chainalysis announced the company has raised $100 million in Series E funding from investors such as Coatue, Benchmark, Accel, Addition, Dragoneer, Sequoia Heritage, and SVB Capital. The financing brings the company’s valuation to $4.2 billion and it aims to expand its resources and deepen data to cover more cryptocurrencies […]

Yuga Labs restructures again, EU touts metaverse health benefits: Nifty Newsletter