Crypto lending firm Celsius, which went bankrupt last year, is suing liquid staking platform StakeHound, accusing it of failing to return $150 million worth of ETH, MATIC, DOT and other tokens. According to court documents, Celsius commissioned StakeHound to pledge 60,000 ETH, 40 million MATIC, and 66,000 DOT in 2021. According to a court document filed with the U.S. Bankruptcy Court for the Southern District of New York, StakeHound filed an arbitration agreement against Celsius in Switzerland after Celsius went bankrupt. Said that 35,000 keys related to Celsius ETH were lost and was relieved of the obligation to return these tokens.

Blockchain company Ripple announced Friday that it has appointed Warren Jenson, former chief financial officer of market research firm Nielsen, to its board of directors. Jenson previously worked at Amazon, Delta Air Lines, NBC, Electronic Arts. Ripple's board of directors also includes former U.S. Treasury Secretary Rosie Rios, former JPMorgan Chase Chief Regulatory Affairs Officer Sandie O'Connor, and Albright Stonebridge Group Managing Director Michael Warren. According to previous news, Ripple announced that it has acquired Metaco, a Swiss cryptocurrency custody provider, for $250 million. The acquisition will help Ripple achieve service diversification and global expansion plans amid tightening U.S. regulations.

The cryptocurrency exchange BTCEX announced the launch of a Web3 innovation fund with a start-up capital of 20 million US dollars. While supporting the MOVE ecological project, it will also invest in other potential Web3 projects that can solve real-world problems (such as projects under the Aptos and Sui ecosystems). BTCEX Innovation The fund will also provide key service support such as currency listing, liquidity, Launchpad, and pledge for cooperative projects.

Cryptocurrency investment firm Hashkey Group plans to raise between US$100 million and US$200 million at a valuation of more than US$1 billion, using Hong Kong's digital asset push to lure potential investors. It is reported that Hashkey currently operates one of only two licensed digital currency exchanges in Hong Kong.

Blockchain analysis company Nansen issued a document stating that after Lido Finance sends an ETH withdrawal request, the user will receive an NFT. Once the withdrawal request is accepted, the NFT image will be updated and the withdrawal applicant will be notified. NFT acts as a withdrawal certificate (receipt).

Pakistan’s Minister of State for Finance Aisha Ghaus Pasha revealed at a meeting of the Senate’s Standing Committee on Finance and Revenue that the State Bank of Pakistan (SBP) and the Ministry of Information Technology have started working on banning cryptocurrencies, which will never be legalized in Pakistan. Pakistani authorities intend to ban online services related to cryptocurrencies.

London, UK-based digital bank Revolut has launched an international payments-focused business account for customers in Australia, and is in the process of applying for an Australian banking license.

U.S. Bankruptcy Judge Michael Wiles approved Voyager Digital's proposed liquidation plan at a court hearing in Manhattan, allowing the company to return approximately $1.33 billion in crypto assets to customers, or 35% of total customer deposits, and end the bankruptcy under U.S. bankruptcy law. reorganization carried out. Voyager filed for Chapter 11 bankruptcy last July amid volatility in the crypto market and the default on a large loan to crypto hedge fund Three Arrows Capital (3AC). Following its bankruptcy, Voyager attempted to sell its assets to FTX for $1.42 billion, but the deal failed as FTX went bankrupt last November. Last month, Voyager said it would self-liquidate its assets and shut down the business after Binance US backed out of a deal to acquire Voyager assets for $1 billion. Asset recovery for Voyager customers is largely dependent on the outcome of the lawsuit with FTX. FTX is seeking to recover a $445.8 million loan repayment to Voyager prior to its bankruptcy. If Voyager prevails in the FTX lawsuit, customers would have expected a recovery rate of 63.74 percent, according to court documents. Voyager plans to repay customers using the same type of cryptocurrency that is in the customer's account. For cryptocurrencies that Voyager does not support, as well as Voyager's proprietary VGX token, Voyager will use the stablecoin USDC to repay customers.

China Academy of Information and Communications Technology officially released a trusted computing power service platform based on "Spark Chain Network" at the 2023 World Telecommunication and Information Society Day Conference "Blockchain Innovation and Development Seminar". The platform strives to be based on "Spark Chain Network" This national trust infrastructure realizes credible, secure, and private scheduling of computing power and data. In order to solve the efficient deployment of large-scale and diversified computing power, it provides distributed, credible, efficient, and green technical solutions to support the construction of the national east-to-west computing project and the national computing power network.