Bankruptcy judge signs off on $450M FTX-Voyager settlement
According to the terms of the deal, FTX will “relinquish any and all rights” to $450 million Voyager Digital has claimed from the crypto exchange.
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Bitcoin price steady as $10B asset manager scoops up 10,000 BTC
Bitcoin (BTC) is winning the battle of the safe havens as another corporate buy-in sees $115 million enter its books.Asset management giant Stone Ridge confirmed that it made the significant purchase via its spin-off New York Digital Investment Group or NYDIG, which now has over $1 billion in assets under management.Economist: Fed must print $5…
Bitcoin Futures: Institutional Long Positions Value Doubled in October
One class of investors has more than doubled the value of the long positions it holds in Bitcoin (BTC) futures contracts this month. Institutions settle in for the long termAccording to fresh data from analyst Skew Markets on Oct. 22, the value of institutional investors’ long positions went from below 500 BTC ($4.11 million) on Oct.…
‘The Enron of Europe’ — What We Know So Far About the Wirecard Scandal
Australian YouTuber Dagogo Altraide posted a new video to his 2.5M subscribers detailing the fall of FinTech company Wirecard. A new video takes viewers through German financial technology company Wirecard’s journey from being one of the top businesses in the world to one who’s shares plummeted by more than 98% before filing for insolvency. In an…
Tron Officially Releases Sidechain Scaling Solution Sun Network
Blockchain-based decentralized application platform (DApps) Tron (TRX) has announced the release of a sidechain scaling solution, the Sun Network, in a blog post published on Aug. 11.Tron has released the V1.0 code for the Sun Network, which is a scaling solution designed to enhance and ensure a supposedly unlimited scaling capacity of the Tron mainnet.…
Japan: Self-Regulatory Group of Crypto Exchanges Set to Tighten Rules on Online Digital Asset Storage
The self-regulatory Japan Virtual Currency Exchange Association (JVCEA) plans to stricten its customer asset management measures. The Japan Times outlet reported this news Sunday, September 30, citing “informed sources.”JVCEA is a self-regulatory group of some of the largest licensed exchange operators in Japan, established in April of this year. Now, the organization is reportedly planning…
One Crypto Youtuber’s Banning Nightmare Still Not Over
Though YouTube has restored many banned crypto channels, CryptosRus remains sidelined with little information. While many other accounts have seen reinstatement shortly following their bans in recent days, YouTube has still not brought the CrytptosRus channel back to life. It has now been three weeks since the channel creator's original petition for reinstatement. "My channel is…
Nirvana bassist Krist Novoselic led failed shareholder proposal asking Microsoft to study AI safety
“Proposal 13” asked Microsoft to consider the potential for shareholder harm if its AI products created legal issues for the company over the long term. Krist Novoselic, co-founder and bass guitarist for the seminal rock band Nirvana, recently led a shareholder proposal presentation urging Microsoft to reevaluate its approach to generative artificial intelligence (AI).Called Shareholder
Vitalik reveals a new phase in the Ethereum roadmap: ‘The Scourge’
The remaining milestones of the Ethereum roadmap consist of The Surge, The Scourge, The Verge, The Purge and The Splurge. 1214 Total views 19 Total shares Ethereum co-founder Vitalik Buterin has added a new stage to the Ethereum technical roadmap, one that aims to improve censorship resistance and decentralization of the Ethereum network.The Ethereum network’s…