FTX adviser AlixPartners boosts crypto tracing with Chainalysis

FTX strongly criticized the UCC's pursuit of asset control, as it recommended that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasuries. FTX debtors led by chief restructuring officer John J. Ray III have expressed disapproval of traders and market makers within the Official Committee of Unsecured Creditors (UCC) who are aiming to…

Cryptocurrency exchange Gemini announced support for Bitcoin Cash (BCH) custody and trading today with a post on its official Medium blog, Dec. 8. Gemini, which is based in the United States, was founded in 2015 by the Winklevoss brothers.The exchange pointed out that, at the moment, it will “only be providing support for the Bitcoin…

Bitcoin (BTC) advocates are warning of money losing all sense of value as the United States weighs yet another giant stimulus package.The U.S. would spend $400 billion on new stimulus measures to pay every adult $2,000 a month pocket under a new government plan.Bitcoin 1-day price chart. Source: Coin360Congressmen: $2K handouts “not just one time”In…

The new Bitcoin grants program could invite more innovation for Bitcoin-native DeFi, or BTCFi.

In August of 2019, both the United States and Thailand announced their plans to test blockchain applications for tracking and managing shipments. The U.S. Customs and Border Protection (CBP) is planning to test a blockchain application against their current system to determine how distributed ledger technology (DLT) can improve its existing processes. Thailand, on the…

Bitcoin price (BTC) has been in a sidewards range for several weeks now, with some people on team bear calling for fresh lows in the region of $3,000 while the bulls have been calling for astronomical all-time highs soon. One thing that is apparent in the market, is that you have to take it one…

Amber Group secured a $200 million investment which has resulted in a 3x increase in its valuation since last summer. 271 Total views 4 Total shares Crypto finance service provider Amber has landed a valuation of $3 billion following a funding round led by Singaporean state-owned investment firm Temasek Holdings. Amber Group was able to raise…

Lugui Tillier is the sales manager for Lumx Studios, one of the top cryptocurrency firms in Rio de Janeiro — a city with a burgeoning crypto industry. But for Tillier — who holds dual citizenship between Belgium and Brazil — cryptocurrency is more than a job. It was a passion sparked by a friend, and it