Month: August 2024

Terraform Labs is scheduled to face a critical Chapter 11 bankruptcy reorganization hearing on September 19, which will determine the company’s future following its financial instability and legal challenges since the collapse of its Terra ecosystem in 2022.
The post Terraform Labs Bankruptcy Hearing Set for September 19 appeared first on Cryptonews. …

PIP Labs, the developer of Story Protocol, raises $80 million in Series B funding round led by a16z to advance its blockchain platform for protecting and monetizing creators’ intellectual property.
The post A16z Backs PIP Labs with $80M Investment, Valuing at $2.25B appeared first on Cryptonews. …

A trader called TT4S5 just struck gold with $SUNDOG, and obscure meme coin that helped them turn a $1,690 initial investment into a huge bag worth $20.6 million.
The post $1.69K to $20 Million in Just 6 Days – Meet the Trader Who Struck Gold with $SUNDOG appeared first on Cryptonews. …

MtGox has repaid over 19,000 creditors with Bitcoin and Bitcoin Cash as part of its ongoing rehabilitation process, marking a significant milestone in the recovery efforts following the exchange’s collapse in 2014.
The post MtGox Repayments Continue: 19,000 Creditors Receive Bitcoin and BCH appeared first on Cryptonews. …