Bankruptcy judge approves FTX’s reorganization plan
Roughly two years after the crypto exchange collapsed and many of its executives faced criminal charges, the Oct. 7 court decision was a step forward for reimbursing FTX users.
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Ether price breakout to $1,750 sees Ethereum network fees hit all-time high
It's not just the Ether price itself setting records on Friday — users are having to pay more than ever to send transactions and some exchanges can't cope. 1406 Total views 13 Total shares Largest altcoin Ether (ETH) built on its recent all-time highs on Feb. 5 to climb ever closer to $2,000.ETH/USD 1-hour candle…
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South African National Blockchain Alliance Holds Online Launch
The South African National Blockchain Alliance carried out an online livestream launch while the country is in the midst of a 21-day lockdown to curb the spread of the coronavirus pandemic. The organization was due to be launched at the beginning of April in Johannesburg but had to be taken online as South Africa and…
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Institutional FOMO? CME Bitcoin Futures Open Interest Soars to $841M
Today the open interest on Chicago Mercantile Exchange Bitcoin (BTC) futures reached a new all-time high at $841 million. Although this can't be deemed bullish on a standalone basis, it does signal that professional investors' interest in Bitcoin continues to grow at an immense rate. CME Bitcoin futures open interest in USD terms. Source: SkewFutures premium provides…
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Bitcoin eyes $28K push as traders demand CPI day BTC price volatility
Bitcoin (BTC) tracked $27,500 on May 10 as markets geared up for what should be a positive United States inflation print.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCPI set for months of declineData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it lingered in a narrow trading range ahead of the April Consumer Price Index…
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German Central Bank: Cryptos Are Not a Threat to Financial Stability
Central Bank of Germany representative Burkhard Balz said that cryptocurrencies do not pose a threat to financial stability during a talk at the European Parliament reported a post published on the institution’s website on July 9.Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank, stated that “crypto-tokens currently do not pose a risk…
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Binance fined $2.25M by India’s financial intelligence unit
India’s financial watchdog issued charges against Binance after reviewing written and oral submissions from the Binance Director and available company records.
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Yat Siu X account breach likely part of a string of recent hacks: ZachXBT
The X account of Animoca Brands co-founder Yat Siu was hacked to promote a bogus token in what appears to be latest in a string of similar hacks in the past month.
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Opensea phishing scandal reveals a security need across the NFT landscape
Despite the ongoing volatility plaguing the digital asset sector, one niche that has undoubtedly continued to flourish is the nonfungible token (NFT) market. This is made evident by the fact that a growing number of mainstream mover and shakers including the likes of Coca-Cola, Adidas, the New York Stock Exchange (NYSE) and McDonalds, among many…