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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Dutch Tech Firm Develops PoC of Autonomous Smart Electricity Grid Using IOTA
Dutch technology company ElaadNL has developed a Proof of Concept (PoC) for a smart power grid for electric vehicles using internet of things (IoT)-focused IOTA Tangle technology, according to the company’s announcement on Feb. 14.Per the announcement, the PoC shows the ability of smart grids to not only consume power, but also generate it and…

Binance vs. CFTC: Latest court battle could alter crypto landscape in US
Regulatory trouble is nothing new for Binance, and on many occasions, in the past, it has managed to overcome or bypass such roadblocks and eventually work with regulators. However, when it comes to the United States, the exchange has found itself in the cross-hairs of multiple agencies.A number of United States financial regulators have ongoing investigations…

Blockchain-aided voting trials to begin in India
Blockchain technology could provide the security needed to expand national voting beyond provincial borders. 1738 Total views 15 Total shares Trials of blockchain-aided voting in India that would enable voters to post ballots from outside their home provinces are to begin soon.Chief Election Commissioner Sunil Arora said that research using the cutting-edge technology had already…

Stablecoin market escaping US regulatory oversight: Chainalysis
Stablecoin activity has been increasingly occurring through entities that aren’t licensed in the United States, according to Chainalysis. 162 Total views 1 Total shares The United States government may be losing regulatory oversight of the stablecoin market, according to a new report by blockchain research firm Chainalysis.Stablecoin activity has been increasingly occurring through entities that

Burdensome but not a threat: How new EU law can affect stablecoins
The year 2022 saw not only drastic dips in leading cryptocurrencies and financial markets in general but also major legislative frameworks for crypto in prominent jurisdictions. And while the “crypto bill,” co-sponsored by United States senators Cynthia Lummis and Kirsten Gillibrand, still has a long way to go, its European counterpart, the Markets in Crypto-Assets…

US court gives Three Arrows nod to increase its FTX claim to $1.53B
A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion. Chief Judge John Dorsey rejected FTX’s debtors’ argument that the amended proof of claim (POC) from 3AC liquidators was untimely and an unjust attempt

Ark Invest CEO sees potential crypto rebound amid whiffs of a Fed pivot
The crypto and innovative tech investment firm is confident that inflation will fall and the Fed will pivot in 2023. 457 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe chief executive from crypto and tech investment firm Ark Invest believes crypto assets will see a huge turnaround…

‘We should do whatever we can’ to legalize Bitcoin, says libertarian Ron Paul
The former congressman from Texas believes the government is “watching very closely” to see what happens with crypto. 624 Total views 4 Total shares Former presidential candidate and congressman Ron Paul has been more outspoken about government oversight concerning Bitcoin and other cryptocurrencies in the last week, calling on people to “be vigilant.”In an episode…