New York Judge Approves Celsius’s Request to Serve Legal Notices Through NFT Airdrops

A Southern District of New York Bankruptcy Judge has approved Celsius Network’s request to serve legal notices via non-fungible token (NFT) airdrops. Celsius, currently undergoing insolvency proceedings, seeks to recover funds from allegedly fraudulent transfers to unidentified digital wallets. Alternative Solution Following its bankruptcy, the company sued to void the...

Coinshift Launches csUSDL, Announces Strategic Partnerships

[PRESS RELEASE – Abu Dhabi, UAE, November 21st, 2024] Coinshift, a prominent name in onchain treasury management, has launched csUSDL: a liquid lending token (LLT) designed to optimize reward opportunities, security, and transparency for both individual and institutional investors. The announcement follows the release of the new Coinshift Business, which...

Sui Network Suffers Outage Due to Bug in Transaction Scheduling Logic

Sui Network suffered a major disruption on November 21st after failing to produce blocks on its mainnet, which effectively brought the blockchain to a standstill. Following a two-hour downtime, the network resumed operations, once again processing transactions. Sui Network Restored After Downtime According to the official announcement by the team...

Growing Whale Activity Sent Bitcoin Above $98K but Can BTC Reach $100K?

Bitcoin skyrocketed above $98,000 on Thursday, hitting a new peak as its market cap neared $2 trillion. Investor optimism surrounding Donald Trump’s presidential win has sparked speculation that his leadership could lead to crypto-friendly policies, which has contributed to the surge. As a result, the leading cryptocurrency has gained over...

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