Cash or crypto? FTX creditors to vote on how they're paid back
FTX lawyers stressed that in-kind crypto payouts would clash with bankruptcy laws but several creditors feel shortchanged by the proposed cash repayments plan.
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Bitcoin Nears $11,000 Mark While Altcoins See Mixed Results
Sunday, Aug. 4 — Bitcoin (BTC) has continued to gain momentum today, with its price nearing the $11,000 mark. The top 20 cryptos by market capitalization are seeing mixed results on the day, with most gains and losses around or under 2%.Market visualization from Coin360Bitcoin has seen a major bullish move this week, up 15%…
Libra Hearing Fails to Assuage Senior Lawmakers’ Concerns
Following testimony before the United States House of Representatives Financial Services Committee earlier today, lawmakers are still concerned about the possible launch of the Libra stablecoin.On Oct. 23, legislators heard statements from Facebook CEO Mark Zuckerberg and posed questions covering a variety of topics from Libra to Facebook's data policies and reaction to possible foreign influences on…
Bank of China’s New Infographic Shows Why Bitcoin Price Is Going Up
The Chinese central bank released on its website an infographic illustrating what is Bitcoin (BTC), how it works and why it’s valuable on July 26.A brief story: from Bitcoin to LibraThe infographic illustrates the story of Bitcoin, starting with the publication of its whitepaper in 2008, the mining of the first 50 BTC in 2009,…
ETH users stake 28.9% of supply, signal ‘long-term’ confidence
Onchain data provider IntoTheBlock shared that 28.9% of all Ether had now been staked.
Dead Coins and Wallets: The Treasures of Atlantis or Zombie Uprising?
The initial coin offering crypto buzz hit all-time high popularity in 2017 when there were 875 projects, a significant jump from 29 in the previous year. 2018 picked up on the trend, introducing a further 1,253 projects. To date, there have been a staggering 5,683 ICO projects with 2,318 of them being cryptocurrencies. Of the…
Celsius Users Can Now Buy Tether Gold via Debit and Credit Cards
Celsius users can now purchase Tether Gold via credit and debit cards with a minimum purchase amount of $50. 1853 Total views 51 Total shares Celsius Network is expanding its partnership with fiat-to-crypto payments provider, Simplex, by enabling its users to buy more crypto with credit and debit cards.Celsius, a major crypto lending startup, now…
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…
Is ShibaSwap safe? DeFi Safety review gives it a score of just 3%
There are concerns over ShibaSwap's transparency and security. 1555 Total views 6 Total shares Despite the immediate success of dog-themed decentralized exchange ShibaSwap, there are warnings the DEX’s liquidity providers are throwing capital into an opaque protocol of questionable security.Building on the popularity of their Dogecoin fork, Shiba Inu (SHIB), amid the Elon-Musk stoked dog-token…