FTX to begin distributing $1.2B to creditors after Trump inauguration

Colony, an early Ethereum project aimed at building decentralized governance tooling, announced today that it is preparing for a relaunch that’s been five years, multiple missteps, and a few half-starts in the making.If successful, however, the new app could be a boon for the dozens of decentralized finance (DeFi) protocols currently struggling with the clumsy…

A recent survey by cryptocurrency data aggregator, CryptoCompare, shows that centralized exchange operators do not see the emergence of decentralized trading venues like Uniswap as a threat despite growing volume and activity in the DeFi space. In its September exchange review, CryptoCompare asked 26 of the leading venues in the space how likely it was for…

Weak stocks and fresh worries over Evergrande fail to keep Bitcoin down for long as $67,000 all-time highs reappear on the horizon. 204 Total views 17 Total shares Bitcoin (BTC) passed $66,000 again on Oct. 21 after a fresh macro turbulence sparked a retest of previous all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEvergrande fails…

Goldman Sachs reportedly traded digitized treasury bonds for JPM Coin on JPMorgan Chase's Onyx blockchain platform. 382 Total views 1 Total shares After six months of eyeing JPMorgan Chase’s custom blockchain service for repo markets, Goldman Sachs has started trading on the platform. Mathew McDermott, global head of digital assets for Goldman Sachs’ global markets division,…

CoinShares’ weekly report showed another large outflow from digital asset products, with much of the selloff concentrated in Bitcoin funds. 300 Total views 2 Total shares Institutional managers continued to take profits on their cryptocurrency holdings, with funds dedicated to Bitcoin (BTC) registering their sixth consecutive weekly outflows, according to CoinShares. Outflows from digital asset investment…

Enterprise Ethereum is beginning to show its impact as some of the largest companies in the world start to leverage the Ethereum network to solve complex business challenges. For example, tech giant Microsoft and Big Four firm Ernst & Young announced the expansion of Microsoft’s blockchain-based solution to extend to gaming rights and royalties management.Paul…

Over the past year, there’s been no shortage of scientists, tech CEOs, billionaires and lawmakers sounding the alarm over artificial intelligence — and now, even the Pope wants to talk about it too. In a hefty 3,412-word letter dated Dec. 8, Pope Francis — the head of the Catholic Church — warned of the potential

Blockstack PBC filed its annual report with the Securities and Exchange Commission, or SEC, as part of its regulatory obligations resulting from project’s the initial coin offering, or ICO.The SEC report was published on April 29. It details some of the high profile deals made by Blockstack throughout the year, as well as a general…