The Cardano Foundation on Wednesday released its first Financial Insights report detailing spending in 2023 on operations, education and adoption. The foundation allocated $19.22 million in those three areas and another $4.55 million for central operating costs. As of December 31, 2023, the total assets of the Cardano Foundation are $478.24 million, of which 82.5% are held in ADA, 10.1% in BTC, and the remainder in USD liquidity.
Celsius bankruptcy administrators said in its first payment status report that more than $2.53 billion has been distributed to about 251,000 creditors. The payments were made in liquid cryptocurrency and cash at Jan. 16 prices. Administrators said in court papers filed Monday that they cover about two-thirds of all eligible creditors of cryptocurrency lenders, or about 93 percent of eligible value. Another 121,000 eligible creditors have an average share of about $1,500, but have yet to successf...