FTX creditors object to bankruptcy reorganization plan
The group of creditors, led by Sunil Kavuri, cited several concerns, including forced taxation, which would compromise creditors’ best interests.
Related Posts


Bitcoin Will Hit $340K if BTC Price Repeats 2016 Halving Cycle Pattern
Bitcoin (BTC) needs to hit $340,000 just to match its performance from its last halving cycle, data shows.In a Twitter series on Aug. 20, popular statistics resource ChartsBTC noted that Bitcoin still has huge room for growth at current levels of $11,700.Halving multiples give up to $1.6 million BTC priceComparing lows, highs and halving prices…

Former US Gov’t Official, Capital One Exec Joins Payments Startup C Labs
Cryptocurrency payment startup C Labs has hired former United States government official Jai Ramaswamy to oversee the company’s compliance strategy.On Nov. 26, Coindesk reported that Ramaswamy had joined C Labs, the company responsible for Celo, which is an open platform that makes financial tools accessible to anyone with a mobile phone.Ramaswamy’s credentialsAlso a former managing…

Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K
Bitcoin price is still in a rut, trading near $33,000 and trapped in a downtrend that just seems to get worse with the passing of each day. As the price slumps, analysts have consulted with several technical and on-chain metrics to explain the price collapse, but none of these have picked up on the exact…

Low Ether Volatility: No Trader Interest or Calm Before the ETH Storm?
Media magnate Steve Forbes recently criticized cryptocurrencies for their volatility, saying that one day they can be a steak, and the next day they can turn into dog food. Price fluctuations have accompanied the digital currency market since its inception and have been an important reason for the interest of traders in cryptocurrency.But it seems…

Competitors want to ‘kill Tether,’ most altcoins ‘won’t make it’ in 2025: Finance Redefined
Tether’s competitors are exerting increasingly more pressure to push the world’s largest stablecoin issuer out of the crypto market, including political pressure aimed at reducing the firm’s leading market share. In the wider crypto markets, analysts are suggesting that most cryptocurrencies won’t see a widespread “altcoin season” rally in 2025, and only select tokens with

There’s more to NFTs than just PFPs — 5 ways nonfungible tokens will transform society
The nonfungible token (NFT) sector has undergone a surge in popularity over the past year and a half as projects like Bored Ape Yacht Club and CryptoPunks captured the attention of the general public. While the idea of fetching a six-figure payday for the latest trending digital art piece has been a major factor in the…

McDonald’s Instagram hackers make $700K shilling Grimace memecoin
Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace.

Class Action Complaint Filed Against Patrick Byrne and Overstock.com
A new complaint filed in Utah accuses Overstock.com, former CEO Patrick Byrne and former CFO Greg Iverson of securities fraud.The complaintFiled on Friday, Sept. 27, the complaint requests a trial by jury, alleging that Byrne designed Overstock.com’s digital asset-based dividend as a means of punishing short sellers, which other outlets have alleged previously. On the…