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NY judge pushes back hearing for Aave’s bid to unfreeze $71M in ETH

A New York judge has postponed a hearing regarding Aave's request to unfreeze $71 million worth of Ethereum (ETH) that is currently held by the bankrupt crypto firm Celsius Network. The hearing, originally scheduled for this week, has been rescheduled for a later date, although the specific timing has not been disclosed. Aave's proposal aims to recover the funds to support its liquidity and lending operations. Celsius has been undergoing bankruptcy proceedings, complicating the situation for creditors and stakeholders. The delay adds uncertainty to the resolution of Aave's bid and the overall recovery process for Celsius.

Read the full article: Coin Telegraph

Bitcoin firm Nakamoto records net loss in Q1 despite sixfold revenue growth

Nakamoto, a Bitcoin-focused firm, reported a net loss in the first quarter despite experiencing a sixfold increase in revenue. The company's revenue surged due to heightened trading activity and increased demand for Bitcoin-related services. However, rising operational costs and investments in technology contributed to the overall loss. The

Trump’s White House weighs 250 pardons to celebrate America's 250th birthday

The Trump administration is considering granting 250 pardons as part of the celebration for America's 250th birthday. This initiative aims to highlight the power of presidential clemency and could include a diverse range of individuals, from high-profile figures to lesser-known cases. The potential pardons are part of a

Claude helps recover $395,000 in bitcoin trapped on a computer for years

Claude, a cryptocurrency recovery service, successfully retrieved $395,000 worth of bitcoin that had been trapped on a computer for several years. The recovery process involved using specialized tools and techniques to access the digital assets stored on the device. The owner had lost access to their wallet due to

Bitcoin investors yanked $635 million from spot ETFs in a day. Here's what it means for price

Bitcoin investors withdrew $635 million from spot exchange-traded funds (ETFs) in a single day, marking a significant shift in market sentiment. This large outflow raises concerns about potential downward pressure on Bitcoin's price, as it indicates a lack of confidence among investors. Analysts suggest that the withdrawals could

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Bitcoin firm Nakamoto records net loss in Q1 despite sixfold revenue growth

Trump’s White House weighs 250 pardons to celebrate America's 250th birthday

Claude helps recover $395,000 in bitcoin trapped on a computer for years

Bitcoin investors yanked $635 million from spot ETFs in a day. Here's what it means for price