QuadrigaCX Judge Approves $1.6 Million in Expenses for EY, Law Firms

A Canadian judge approved more than $1.6 million in fees for firms that are seeking to recover funds from the now-defunct Canadian crypto exchange QuadrigaCX. Nova Scotia Supreme Court Judge Darlene Jamieson ruled Wednesday that all activities undertaken and fees incurred by Ernst & Young (EY), Stikeman Elliot (EY’s legal counsel), Kirkland & Ellis (EY’s […]

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Crypto Markets See Second Day of Green, Bitcoin Above $9,700

Wednesday, July 31 — crypto markets are seeing widespread green, with Bitcoin (BTC) breaking back above $9,700 and many large market cap altcoins seeing solid gains of between 3 and 9% on the day. Market visualization. Source: Coin360 Despite trading in a lower price range since dropping back to a four-figure price point in a […]

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Does Tesla Know Something About China It Isn’t Telling Us?

It’s always a good idea to read over the 10-Q and 10-K SEC filings of public companies. Occasionally, you may catch something in those filings that weren’t discussed in the quarterly earnings report, or mentioned during the conference call. Sometimes, a little change in the language used can tip you off that the company may […]

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Philippines’ UnionBank Launches Stablecoin, Conducts the Country’s First Bank Blockchain Transaction

The Philipines’ UnionBank has issued its own stablecoin, PHX, according to Filipino media PhilStar Global. With the issuance, the bank also conducted the first blockchain-based transaction by a Filipino bank.  The PHX stablecoin is pegged to the Philipino peso and backed by UnionBank reserves. “PHX is a stable store of value, medium of exchange and […]

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