Crypto.com sponsors golf tournament with prize of $10M in CRO token

In a revised Chapter 11 plan of reorganization, FTX debtors state that crypto claims by customers will be assessed using a conversion table, with valuation based on the petition date. The debtors of the now-defunct cryptocurrency exchange FTX have filed the amended Chapter 11 plan of reorganization which indicates the value of customer asset claims

The Cardano network is in the watershed phase of its network development and upgrades. The ongoing phase of the protocol’s roadmap is the Goguen phase, bringing smart contracts to the network. This is the third phase of the roadmap after Byron and Shelley. The Goguen phase was split into three stages, Allegra, Mary and Alonzo.The…

The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets.

The trustee for the rehabilitation proceedings of defunct cryptocurrency exchange Mt. Gox reportedly sold large amounts of Bitcoin (BTC) and Bitcoin Cash (BCH) on trading platform BitPoint. Cointelegraph Japan reported on the development on Feb. 5, citing leaked data.An unidentified party reportedly sourced information from the legal proceedings involving Mt. Gox at the Tokyo District…

FTX indicated that although the Blockfolio brand is being retired, this would not affect the services offered to users. The Blockfolio brand is no more: One of the first genuine product brands in the cryptocurrency space, the mobile app that started life as a portfolio tracker — and later morphed into a trading app under…

The strength of the cryptocurrency market is spreading appears to be spreading to privacy-focused coins. The calm price action of Bitcoin (BTC) often sets up an intense period for altcoins to rally, where several groups of coins can start becoming bullish. One of those segments is the privacy coin segment. For example, Monero (XMR) rallied by…

A senior United States federal official has argued that Facebook’s Libra highlights the need for the Federal Reserve (Fed) to act urgently and launch its own real-time payments system.In a letter addressed to the Federal Reserve’s Board of Governors on Nov. 7, Rohit Chopra —  a commissioner at the United States Federal Trade Commission —…

Blockchain-based streaming service Sator has developed a decentralized app that will enable users to earn NFTs, tokens and “other rewards” by watching TV and playing games.While details are sparse on the exact amount of rewards users can receive, according to the website, NFTs awarded will be directly tied to amount of shows watched, and time…

The nature of cryptocurrency fraud is shifting away from exchange hacks, and toward Ponzi-style frauds, pyramid schemes and exit scams. A massive 533% rise in the value of such crimes means that as misappropriated funds are laundered, the traditional banking system is increasingly exposed to risk under upcoming Financial Action Task Force (FATF) rules. That’s…