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.
Related Posts
Celsius bankruptcy victims get proof-of-claim deadline from US court
The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company. 120 Total views 1 Total shares The ongoing case of the Celsius bankruptcy continues as the United States Bankruptcy Court in the southern district of New York State…
Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco
Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence. 629 Total views 9 Total shares The fall of major crypto ecosystems — such as FTX and Terra (LUNA) — this year highlighted the importance of transparency around the true…
Yearn’s merger with SushiSwap will be the most comprehensive to date
YFI token holders will vote on some aspects of the integration. 967 Total views 16 Total shares The flurry of Yearn.finance (YFI) “mergers” continues as the project announces the tightest DeFi integration yet, this time with SushiSwap (SUSHI), the decentralized exchange that began its life as a Uniswap fork.Announced by Yearn founder Andre Cronje on…
Sam Bankman-Fried enters not guilty plea for all counts in federal court
The former FTX CEO faces eight criminal counts in the United States which could result in 115 years in jail should he be convicted. 155 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTFormer FTX chief executive officer Sam Bankman-Fried has pled not guilty to all charges he’s facing…
Germany’s Second-Largest Stock Exchange and SolarisBank Partner to Launch Crypto Exchange
SolarisBank and Stuttgart Exchange Group are jointly developing infrastructure for a cryptocurrency exchange, Cointelegraph Germany reports Dec. 12.The Stuttgart Exchange, founded in 1860, is the second-largest stock exchange in Germany and the ninth-largest in Europe. SolarisBank, on the other hand, is a German fintech company established in 2015 that holds a banking license and offers…
Bitcoin open interest mimics Q4 2020 as new report ‘cautiously optimistic’ on BTC rally
An allusion to the start of this year’s bullish progress comes as $40,000 refuses to go quietly as resistance. 766 Total views 108 Total shares Bitcoin (BTC) futures open interest is mimicking the start of the BTC price bull run, data shows.As BTC/USD hovered near $40,000 on Thursda, a fresh bullish report from Stack Funds…
EU AI rules stifle innovation, Meta and Spotify CEOs warn
Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.
Bitcoin Price Trend Reversal in Progress? Key $7.6K Level Unlocked
On Sunday Bitcoin (BTC) price revved up to rally from $7,115 to $7,642, providing a 7% gain and an unexpectedly strong weekly close, which now has some analysts suggesting that a trend reversal is in the making. Cryptocurrency market daily overview. Source: Coin360The strong upside move brought the price above the $7,400 and $7,600 resistance, meaning…