FTX’s Bahamas arm to repay first creditor group starting on Feb. 18

Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations. 630 Total views 6 Total shares USD Coin (USDC) issuer Circle Internet Financial is launching a fully-reserved stablecoin pegged to the euro, signaling to the market that demand for crypto foreign exchange services remains high despite recent industry turmoil. Euro…

While the cryptocurrency industry is mostly centered around technology and data, the people who inhabit our sector are not without their creativity. This is seen not only in the various solutions and inventions they create, but also in their artistic (and often humorous) works.Over the years, folks of the crypto space have crafted songs based…

Rune Christensen stated that Solana’s codebase should be the foundation of MakerDAO’s upcoming blockchain, as he highlighted that it’s optimized for building “highly efficient blockchains.” 230 Total views 1 Total shares MakerDAO co-founder Rune Christensen has submitted a proposal to build the decentralized finance project’s upcoming native chain off of a fork of Solana’s codebase

Sunday, Jan. 13 — all the top 20 cryptocurrencies are seeing slight to moderate losses in the 24 hours to press time. Bitcoin’s (BTC) price has fallen below $3,600 again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is down over 2 percent on the day, trading at around $3,568. Looking at its weekly…

The total crypto market capitalization has jumped from about $198 billion on April 22 to over $263 billion on April 30. This 32% rally in roughly eight days shows that investor sentiment is bullish. While this is a positive sign, the problem is that most people expect a repeat of the previous bull run. But…

A well-known cryptographer has poured cold water on fresh fears that recent advances in quantum computing could endanger Bitcoin (BTC) security. Bitcoin versus Google’s “quantum supremacy”In a Twitter discussion on Sept. 24, ex-Bitcoin Core developer Peter Todd led the criticism, which followed claims from Google it had achieved “quantum supremacy.”In a paper seen by the Financial…

Genesis previously reportedly said that the $175 million settlement was “fair and equitable,” while FTX creditors wanted to contest it. 258 Total views 22 Total shares A New York bankruptcy judge has approved a settlement between bankrupt cryptocurrency firms FTX and Genesis Global Trading (GGC), allowing FTX-affiliated Alameda Research to get $175 million from GGC.The

The United States Securities and Exchange Commission ordered crypto firm BitClave to return $25.5 million to investors. 5051 Total views 85 Total shares The United States Securities and Exchange Commission (SEC) has ordered cryptocurrency firm BitClave to return $25.5 million to investors.In a May 28 announcement, the SEC announced charges against the California-based cryptocurrency startup. The…

Investors who participated in the FLiK initial coin offering, or ICO, in 2017 have opposed entertainer Kevin Hart’s bid to have the $7 million lawsuit dismissed.The 25 investors claim that they collectively lost more than $2 million as a result of Hart, rapper ‘T.I.’, and FLiK executive, Ryan Felton, touting unregistered securities for an ICO…