Storj Labs Files Chapter 11 to Restructure Legacy Debt
Storj Labs said that it voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Northern District of West Virginia. The company described
Latest news from: Nicholet R.
Nicholet R.
Passionate writer and blockchain enthusiast, she covers the latest developments in the cryptocurrency world with clarity and depth. At Crypto Economy, she focuses on delivering accurate, engaging, and accessible content for readers eager to stay informed about Bitcoin, DeFi, NFTs, and the constantly evolving crypto ecosystem.
XRPL Commons Unveils New Grants Initiative to Power XRP Ledger Development
TL;DR XRPL Commons launched three grant tracks supporting open-source contributors, early-stage teams, and established projects integrating with the XRP Ledger ecosystem and infrastructure. Glow has funded
LMAX Weighs $5 Billion IPO as Morgan Stanley and KBW Advise on Strategic Options
TL;DR LMAX is working with Morgan Stanley and KBW on strategic options including a sale, SPAC merger, or IPO, with Nasdaq reportedly preferred. The company could
Chainlink’s CCIP Surges Past $7B in Q2
TL;DR Chainlink’s CCIP attracted more than $7 billion in migrated token value during Q2, while quarterly volume reached $4.90 billion, rising 353% year over year. Kraken,
Hyperliquid Sees RWAs Surge to More Than Half of Weekly Trading Volume
TL;DR Hyperliquid’s tokenized RWA contracts generated $25.1 billion from July 13 to July 19, representing 52% of the platform’s $48.2 billion weekly trading volume. RWA holders
Bitcoin Mining Pool Poolin Files for Chapter 11 and Moves to Sell $52M in West Texas Mining Sites
TL;DR Poolin and two U.S. affiliates filed for Chapter 11 after West Texas operations stopped, listing liabilities of $100 million to $500 million. A $52 million
BPI Plans Stablecoin Pilot to Power Cross-Border Payments for Filipino Freelancers
TL;DR BPI is preparing a stablecoin settlement pilot with Meridian for Filipino freelancers, virtual assistants, and remote workers receiving overseas income through BPI accounts. Stablecoins would
India Orders Takedown of Dorsey’s Bitcoin-Linked Bitchat
Jack Dorsey said that India ordered GitHub to remove repositories tied to Bitchat, his open-source messaging application. The notice shared on X targeted three repositories and
BitMEX Shutdown Announcement Overshadowed by Lawsuit Claiming Abusive Trading Practices
TL;DR BitMEX faces a proposed class action from BKX Services and David Namdar, who allege combined losses of 622.66 BTC worth about $40.7 million. The complaint
Brazil Tokenizes Dairy Cows for $19,600 B3 Loan
CNN Brasil reported that Brazil completed its first formal credit operation using tokenized dairy cows as collateral in a transaction registered with B3. Structured by Target
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