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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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Nvidia buys Hugging Face for $12.9B in push into AI software

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Nvidia agreed to buy Hugging Face for $12.93 billion, gaining a platform used by more than 18 million developers to share and deploy AI models.

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VARA, Securitize sign MoU for tokenization innovation in Dubai

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VARA and Securitize signed an MoU to foster more tokenization innovation in Dubai and explore how tokenized financial innovation should be regulated in the region.

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Pencil Finance completes $1M onchain lending cycle for 6.6K students in Southeast Asia

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Pencil Finance said that its first-of-a-kind loan offered financing to 6,600 students in Southeast Asia who were underserved by traditional lenders.

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