FTX’s payment plan is now effective — When will users see their funds?
According to the plan, certain FTX users claiming less than $50,000 could expect to see their funds returned within 60 days.
Related Posts


Bitwise Bitcoin ETF to absorb $120M Osprey Bitcoin Trust
Subject to closing conditions, the agreement will see Bitwise’s Bitcoin ETF scoop up all the Bitcoin from the Osprey Bitcoin Trust.

US SEC Report Notes Trading Suspensions, Actions Against Crypto Firms in 2019
The United States Securities and Exchange Commission (SEC) suspended securities trading of 271 issuers this year, including some digital assets. The SEC released its annual report for the fiscal year of 2019 on Nov. 6, in which the regulator also noted that the number of suspensions is only slightly lower than last year’s 280.31 court-ordered…

Study: Over 74% of Bitcoin Mining is Powered by Renewable Energy
Cryptocurrency investment products and research firm CoinShares estimates that 74.1% of bitcoin (BTC) mining is powered by renewable energy in its bi-annual mining report published on June 5.The report also claims that “at current prices, the average miner is highly profitable, with even older gear and high-cost producers currently able to make positive ROI.” The…

Chinese Communist Party official pleads guilty to helping Bitcoin miners
Xiao Yi, Communist Party Secretary of the City of Fuzhou, financially aided Bitcoin miners between 2017 and 2021. 215 Total views 6 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAccording to a report published by state-owned daily news program Xinwen Lianbo on Dec. 29, Xiao Yi, former Communist Party Secretary of…

‘Gold is dangerous’: Why Jim Cramer will invest 1% of net worth in Bitcoin
Recently, Jim Cramer, the host of CNBC’s Mad Money, says he might invest 1% of his net worth in Bitcoin (BTC). The famed investor drew comparisons between BTC and gold and cited the importance of hedging against inflation.During a podcast with Anthony Pompliano, Cramer said he would “take a shot at that with 1%.”Since the…

3 reasons why Bitcoin price has not been able to rally back above $40K
Bitcoin bulls appear to be back, but a strengthening U.S. dollar, a new wave of COVID-19 infections and low trading volumes threaten the current recovery. 285 Total views 2 Total shares The ongoing story for the past couple of months in the cryptocurrency market has been confusion on whether Bitcoin (BTC) is destined for another…

Germany’s Second-Largest Stock Exchange and SolarisBank Partner to Launch Crypto Exchange
SolarisBank and Stuttgart Exchange Group are jointly developing infrastructure for a cryptocurrency exchange, Cointelegraph Germany reports Dec. 12.The Stuttgart Exchange, founded in 1860, is the second-largest stock exchange in Germany and the ninth-largest in Europe. SolarisBank, on the other hand, is a German fintech company established in 2015 that holds a banking license and offers…

Ethereum vs. Bitcoin: Do or die as Ether price drops to a critical level against BTC
It's been all about Bitcoin (BTC) in recent months with altcoins suffering as a result and BTC dominance reaching a new local high of 67.5% over the past few days.However, a reversal typically occurs once altcoins start to show such major weakness and altcoin traders are in depression. The leading indicator for such a U-turn…