Customers protest exchange bankruptcy plan: ‘We never gave FTX our coins!’
A committee representing the interests of FTX customers is pushing back against a proposed bankruptcy plan, claiming that it violates their property rights.
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Forbes Releases List of Billion Dollar Companies Using Blockchain
Financial news outlet Forbes has released a list of “Blockchain’s Billion Dollar Babies,” or companies implementing blockchain technology that have minimum revenues or valuations of $1 billion, on April 16.The list includes companies in the cryptocurrency and blockchain development spaces, in addition to traditional financial firms like banks and clearing houses, food companies, supply chain…
Kalshi election betting contracts multiply after court win
The prediction marketplace has certified more than a dozen political event contracts since prevailing in a court battle in September.
US Dep. of Energy Grants $200,000 to Blockchain Company to Secure Grid
The United States Department of Energy (DOE), is granting nearly $200,000 to blockchain company TFA Labs to help protect the national power grid.Blockchain to improve grid reliability and resilienceOn July 12, the U.S. Department of Energy awarded the funds. The overall objectives of the grant proposed to design a system to improve grid reliability and…
Bitcoin may hit $120K in 2023, says trader as BTC price gains 25% in a week
Optimism is flowing around Bitcoin price potential, but warnings also point to intense correlation with stocks. 944 Total views 13 Total shares Bitcoin (BTC) touched $24,000 at the July 20 Wall Street open as the good times kept rolling for crypto markets.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBTC price rally "all macro driven"Data from Cointelegraph…
Huobi Global welcomes Vincent Lau as new managing director
Vincent Lau, formerly of Bitfinex and OKEx, has joined Huobi Global as its new managing director. 2428 Total views 14 Total shares Huobi Global, one of the largest cryptocurrency exchanges by trade volume, has announced the appointment of blockchain industry veteran, Vincent Lau, as the company’s new managing director.Lau previously worked as an executive at…
New Zealand Bank ASB Invests in Local Blockchain Trade Platform
New Zealand’s Auckland Saving Bank (ASB) has invested in local blockchain startup TradeWindow. The funding, reported Aug. 13, should expedite the launch of the company’s Distributed Ledger Technology (DLT) trade platform.Applying blockchain to the global supply chainTradeWindow CEO, AJ Smith, believes that this link-up represents one of the first times a New Zealand bank has…
House Committee passes bill to ‘preserve U.S. leadership’ in blockchain
The pro-crypto bill is one of many before Congress that aims to promote the country’s deployment and use of blockchain technology. 62 Total views 2 Total shares A United States House Committee has unanimously passed a pro-blockchain bill, which would task the U.S. commerce secretary to promote blockchain deployment and thus potentially increase the country's
Tether authorizes $1B USDT to “replenish” Tron network
Blockchain trackers flag $1 billion “authorised but not issued” USDT mint at Tether’s Treasury, CTO Paolo Ardoino clarifies holdings will be used for ongoing TRON issuance requests and chain swaps. 110 Total views 3 Total shares Accounts monitoring blockchains for major mints, trades and token transfers have flagged a $1 billion authorization of USDT in Tether’s