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Celsius recovery plan proposed amid community-led short-squeeze attempt

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BnkToTheFuture co-founder Simon Dixon has proposed a recovery plan similar to the solution offered to Bitfinex after its Bitcoin hack in August 2016 – allowing customers to be compensated for their losses through tokens tied to the platform’s recovery.

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Coin Market

US bids to seize Bankman-Fried’s crypto allegedly used in China bribes

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Prosecutors petitioned a New York federal court to seize crypto they alleged is linked to bribes paid to Chinese officials by Sam Bankman-Fried.

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Ethereum researcher unveils ‘time machine’ for even smarter, smart contracts

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Similar to how Gmail allows users to unsend an email, STXN’s new time machine feature will allow crypto users to revert Ethereum transactions.

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Crypto use more common among the underbanked, says FDIC report

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Last year, underbanked households more commonly used crypto than those with no banking access whatsoever, according to an FDIC survey.

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