Storj Files Chapter 11, Floats Equity Path for Token Holders
The decentralized storage firm says its network keeps running and its parent, Inveniam, backs the reorganization, as STORJ falls about 18% in 24 hours.
Storj Labs, the company behind the decentralized cloud storage network Storj, filed for voluntary Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Northern District of West Virginia, Case No. 5:26-bk-00512, the company said in a blog post. Storj said the filing is meant to... Read the full story at The Defiant
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Pentagon reclassifies casualties from renewed Iran hostilities, reducing official death toll
Reclassification of casualties may obscure the true human cost of conflict, potentially affecting public perception and policy decisions. The post Pentagon reclassifies casualties from renewed Iran hostilities, reducing official death toll appeared first on Crypto Briefing.
Liquid Staking Giant Lido Moves 8 Million ETH Onto New Validators to Ease Ethereum Network Load
Lido has activated the largest upgrade to its Core Protocol since Lido V2, and it starts by moving more than 8 million ETH onto Ethereum’s newer validator design, the company explained on Monday, in a note shared with Bitcoin.com News. That stake, worth roughly $16.5 billion, is
Macquarie warns of oil surplus risk from potential US-Iran deal
A US-Iran deal could reshape global oil dynamics, potentially lowering prices and influencing geopolitical and economic strategies worldwide. The post Macquarie warns of oil surplus risk from potential US-Iran deal appeared first on Crypto Briefing.
China warns US to drop AI sanction threats, calls it 'AI hegemony'
China’s Ministry of Commerce has told the United States to stop threatening to impose sanctions on Chinese artificial intelligence companies. The ministry has warned that it will take “all necessary measures” to defend its interests if Washington acts against them. Why did the U.