Celsius will soon begin a second distribution of funds to creditors, according to a court filing on Nov. 27. A total of $127 million will be given out in bitcoin (BTC) or USD to creditors in five classes including retail borrower deposit claims, general earn claims, withhold claims, unsecured loan claims, and general unsecured claims. […]

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Marc Hochstein, CoinDesk’s deputy editor-in-chief for features, opinion and standards. IN THIS ISSUE: Ethereum’s blob mob Staking on Starknet Avalanche’s big upgrade L2 teams beam over Beam Chain Sui suffers a brief outage Bitcoin bridged, trustlessly This article […]

Ethereum co-founder Vitalik Buterin donated 320 ether — worth over $1 million — to crypto think tank Coin Center on Tuesday night, according to blockchain data. Buterin’s donation came mere hours after a U.S. appeals court overturned U.S. sanctions against embattled crypto mixing service Tornado Cash, ruling that Tornado Cash’s smart contracts “are not the […]

Japanese messaging app giant Line plans to give its 196 million active users the ability to use decentralized apps (dapps) such as games and utilities. The social network, which is mainly used in Japan, Taiwan, Thailand and Indonesia, will debut with 30 dapps in its portal by the end of January and plans for a […]