business

BlockFi opts to liquidate its lending business

0xMain
May 16, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied New Jersey-based bankrupt crypto lender BlockFi is looking to liquidate rather than sell its cryptocurrency lending platform after concluding that a sale might not benefit creditors. BlockFi, in a...

MonkeDAO to acquire rights to Solana Monkey Business NFT for $2m

0xMain
April 14, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MonkeDAO, a decentralized autonomous organization (DAO) on the Solana blockchain, has revealed plans to acquire the rights to the popular non-fungible token (NFT) collection Solana Monkey Business (SMB). SMB...

Uniswap v3 business source license expires, developers free to fork

0xMain
April 2, 2023

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The Business Source License (BSL) for the Uniswap v3 protocol expired on April 1. Developers can now fork it, protocol documentation shows. The decentralized finance (DeFi) industry has eagerly awaited this expiration as it would allow developers to deploy their decentralized exchanges (DEX)...

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OKX plans to wind down business in Canada

0xMain
March 20, 2023

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Crypto exchange OKX emailed consumers in Canada that the company would no longer offer services or enable users to establish new accounts in the country. The rules will apply from March 24, 2023. The exchange cited new regulations as the reason for the shift. Withdrawals...

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SEC subpoena targets Robinhood’s crypto business

0xMain
February 28, 2023

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Financial services company Robinhood Markets received a subpoena from the U.S. Securities and Exchange Commission (SEC) regarding the company’s crypto custody services and supported cryptocurrency assets on its platform. In a form 10-k filing with the SEC, Robinhood revealed that the company received...

FTX given the green light to sell four key business units

0xMain
January 13, 2023

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A Delaware bankruptcy Judge, John Dorsey, has allowed FTX to sell four business units. The sale includes LedgerX and three other business units as the company seeks to reimburse its creditors. In a ruling made on Jan. 13, the judge authorized FTX to...