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

The attorney general’s office filed a lawsuit against Genesis in October 2023 for allegedly defrauding investors through the Gemini Earn program.

The governor of Colorado, Jared Polis, announced in February that the state government plans to allow residents to pay taxes in cryptocurrencies as early as the summer of 2022. To some experts, the move is both legitimizing for the crypto asset class and was expected to come in due time. In an interview, Polis said crypto…

Nonfungible token (NFT) memes have brought mainstream attention to the world of NFTs and digital art, helping to expand the market and increase its legitimacy. The high prices paid for some NFT memes have demonstrated the value of online culture and the emotional connection that people can have to internet memes. NFT memes have also…

The head of the body in charge of overseeing U.S. banks named cryptocurrency and decentralized finance (DeFi) activity among factors contributing to disintermediation of the banking system. 738 Total views 1 Total shares On Wednesday, speaking at a meeting of the Exchequer Club — which is a group of senior economic and financial policy professionals…

Elon Musk is a streamer? The social media website X, formerly known as Twitter, hosted its first gaming stream — a 50-minute-long Diablo 4 gameplay — on October 6. The stream, which has over 42 million views at the time of writing, involved X owner Elon Musk playing Blizzard Entertainment’s latest title and answering questions

Binance has unveiled a series of new products and features relating to stablecoins — with the world’s largest cryptocurrency exchange describing these digital assets as “an efficient fiat gateway into crypto.”Stablecoins are often pegged with a fiat currency, meaning one unit can equate directly to 1 euro or $1. With new coins emerging all the…

Bitcoin is poised to post its worst-performing quarter since the start of the 2018 bear trend.The current quarter is also on track to be the second-worst on record for BTC ine almost eight years since the start of 2014.According to crypto data aggregator, Skew, Bitcoin is currently down nearly 46% for the quarter, the weakest…

A $1 million price tag for BTC within the next ten years is "pretty reasonable," Jesse Powell tells Bloomberg. 2746 Total views 18 Total shares Bitcoin (BTC) will be worth "infinity" and humanity will soon give up pricing it in U.S. dollars, says the CEO of cryptocurrency exchange Kraken.Speaking to Bloomberg on March 4, Jesse…

North Korea’s internet use saw a 300% surge over the past three years, as the country’s regime has continued to rely on cryptocurrencies for various activities.Exploitation of crypto and blockchain technology is among the primary tactics for the country to generate revenue as well as transfer and use illicitly obtained funds, a new study says.Titled…