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Binance Plans to Swap 750 Million of Token Pairs to Ensure Liquidity

Binance said in a tweet yesterday that it would swap 750 million tether-tron token pairs for tether-ether in an attempt to maintain the stablecoin's liquidity, Reuters reported. The move comes amid

Jury Finds Electric Utility PacifiCorp Liable in Devastating Oregon Wildfires

A jury in Oregon has found electric utility PacifiCorp responsible for causing devastating fires during Labor Day 2020 in a civil lawsuit, the Associated Press reported. The jury returned its decision

Hotel Owners Start to Write Off San Francisco as Business Nosedives

San Francisco’s once thriving hotel market is suffering its worst stretch in at least 15 years, pummeled by the same forces that have emptied out the city’s office towers and closed many retail stores

Bankruptcy Judge Rejects 3M Effort to Resolve Earplug Lawsuits in Bankruptcy

A U.S. bankruptcy judge on Friday dismissed the bankruptcy of 3M subsidiary Aearo Technologies, rejecting an effort to resolve nearly 260,000 lawsuits alleging that 3M military earplugs caused hearing

Largest Life Plan Community in Illinois Files for Chapter 11 Bankruptcy

One of the nation’s largest senior living communities has initiated chapter 11 bankruptcy proceedings, citing the negative impact of the COVID-19 pandemic, SeniorHousingNews.com reported. The

Georgia Slot Machine Company Enters Bankruptcy to Cut $500 Million Debt

Georgia-based slot machine operator Lucky Bucks filed for bankruptcy Friday, saying that it had reached a deal to cut $500 million in debt and turn over the company's equity to its lenders, Reuters

Judge in FTX Bankruptcy Rejects Media Challenge, Says Customer Names Can Remain Secret

The names of individual customers of collapsed cryptocurrency exchange FTX Trading can be permanently shielded from public disclosure, a Delaware bankruptcy judge ruled Friday, the Associated Press

Binance.US Halts Dollar Deposits, Robinhood Delists Tokens After SEC Crackdown

The U.S. affiliate of Binance said that it was halting dollar deposits, while trading platform Robinhood Markets said it was delisting some crypto tokens, after the U.S. securities regulator stepped

Crypto Weekend Slump Compounds Jitters of Investors Already on Edge

A sharp weekend selloff in crypto led by a slump in smaller digital tokens set off a fresh wave of anxiety among investors, following a week in which a crackdown by the U.S. Securities and Exchange

Lordstown Motors to Sue Foxconn Over Stalled $47 Million Investment

Lordstown Motors Corp. intends to sue backer Foxconn Technology Group as the companies remain at odds over a stalled investment in the EV startup, Bloomberg News reported. Foxconn, best known for