🪙 Crypto and Blockchain News (November 23, 2023):
1️⃣ CoinDesk: The court has released former CEO of the cryptocurrency exchange Binance, Changpeng Zhao (CZ), on bail of $175 million. The verdict is scheduled to be announced on February 23, 2024. In addition to the bail, #cz must place $15 million in the trust account of the law firm Davis Wright Tremaine; they will be confiscated in case of a violation of release conditions. He also needs two guarantors who will contribute $250,000 and $100,000. 📈 A significant industry event underscoring the importance of adhering to legal norms.
2️⃣ The Block: Creditors of the bankrupt #bitcoin exchange Mt.Gox will begin receiving payments by the end of the year, according to letters received from the liquidator. Creditors can check the repayment status through the claims filing system. 💸
3️⃣ Privy: #blockchain tools-focused startup Privy has closed a Series A funding round at $18 million, led by Paradigm. 🚀
4️⃣ CoinGecko: CoinGecko, the aggregator, has acquired the provider of non-fungible token data, Zash, for an undisclosed amount. 🔄 It is expected to benefit users and enhance competitiveness.
5️⃣ RADA: On November 22, the Verkhovna Rada of #ukraine passed a law on the issuance of a digital postage stamp in the second reading and overall. The document now awaits the signature of President Volodymyr Zelensky. 📬 The introduction of a digital postage stamp is a crucial step in the digital space. We anticipate support from the president, strengthening innovative initiatives in the country.
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