No, FTX distribution payments do not begin on September 30
According to the FTX bankruptcy estate, total claims from injured parties top $11 billion, as a court hearing to confirm the plan looms.
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DeFi at the crossroads of the trucking industry to ensure efficient payments
The trucking industry is one of the most important sectors in the world. According to recent statistics, the global freight trucking market was worth over $2.7 trillion in 2021. In addition, it’s been found that millions of commercial driver’s license holders are employed by trucking companies within the United States, a market that is responsible…
Mastercard launches new crypto fraud protection tool
Mastercard’s new product allows banks to find and prevent fraud on crypto merchant platforms within its network. 307 Total views 23 Total shares The financial service provider Mastercard launched a new crypto service related to risk management on Oct. 3. Mastercard’s new service, Crypto Secure, is aimed to help banks find and prevent fraud on…
Blockchain’s Main Strengths Are Transparency and Instantaneity: HSBC Exec
Transparency and instantaneity are the main strengths of blockchain technology, an HSBC executive claimed in an interview with French business and tech journal L'Usine Digitale, Feb. 4.Béatrice Collot, Head of Global Trade and Receivable Finance at multinational banking giant HSBC, described the role of emerging technologies, such as artificial intelligence (AI), the Internet of Things…
Former head of TikTok gaming leaves Web2 to build core Web3 protocol
Jason Fung said he hopes to solve interoperability problems with Metaverse development through his new company Meta0. 299 Total views 13 Total shares Cointelegraph had the opportunity to chat with Jason Fung, former head of gaming at TikTok, about his new company Meta0, why he decided to make the leap into Web3 and what he…
SEC rejects application for Fidelity’s Wise Origin Bitcoin Trust spot ETF
The regulatory body said any rule change in favor of approving the ETF would not be aimed at preventing “fraudulent and manipulative acts and practices” nor would it necessarily “protect investors and the public interest.” 168 Total views 41 Total shares The United States Securities and Exchange Commission has disapproved asset manager Fidelity’s Wise Origin…
Ledger wallet company passes official security audit
The process was meant to ensure that customer information is handled properly by the company. 914 Total views 13 Total shares Ledger, a crypto company providing a number of hardware wallet solutions, has obtained a successful System and Organization Controls, or SOC, Type 1 test. Friedman LLP, a New York-based accounting firm, ran the SOC 2…
Roaring Kitty swipes 6.6% of Chewy Inc, clarifies he is ‘Not a Cat’
Keith Gill, known for his role in the GameStop saga, surprises the market with a significant stake in Chewy, Inc.
Blockchain Used by Budweiser Owner InBev to Help African Farmers
AB InBev, the company behind the Budweiser brand, is helping local African farmers to prove their income using blockchain, Yahoo Finance reports on Jan. 21. A blockchain-based system developed in partnership with BanQu tracks all the local suppliers of AB InBev, replacing the paper trail.AB InBev is a multinational conglomerate born out of the merger…