July 3, 2024
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Crypto

Binance-backed Magic Square IDO Platform To Empower Retail Investor Access

  • May 18, 2024

some of the major developments in the world of crypto  Magic Square, backed by Binance Labs, announced the launch of its new Initial DEX Offering (IDO) platform. Magic Square Chief Operating Officer Michael Landsberger says the new crowdfunding platform will be based on a decentralized exchange (DEX), and with limited funds, he hopes Web3 investors

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Crypto

Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down

  • May 18, 2024

By Dietrich Knauth NEW YORK (Reuters) – Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group, with no recovery from the bankruptcy. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 liquidation plan

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