US Trustee challenges FTX reorganization plan, citing legal concerns

The trio launched Holepunch with a vision to bestow control over data while breaking technology monopolies, among others. 266 Total views 6 Total shares Staying true to the “bear market is for building” motto, crypto exchange Bitfinex along with Tether (USDT) and Hypercore announced the launch of a fully encrypted platform, Holepunch, for building peer-to-peer…

Leading cryptocurrency mining application specific integrated circuit (ASIC) producer Bitmain announced the intention to grant a partial refund to the customers that bought its AntMiner S17+ and T17+ before the price cuts.A post published by Bitmain on April 14 announced that customers who purchased AntMiner S17+ and T17+ machines from mid-February to the end of…

Securities processor Deutsche WertpapierService Bank (dwpbank) will provide its affiliates seamless integration with their current offerings, with more digital assets to come. 1539 Total views 11 Total shares Own this piece of history Collect this article as an NFTDeutsche WertpapierService Bank (dwpbank), which offers securities processing to around 1,200 banks in Germany, is creating a…

German regulator federal financial supervisory authority (BaFin) issued a warning against Bulgarian cryptocurrency broker 5 Capital on Nov. 11.The regulator has barred 5 Capital from operating in the country since the firm illegally offered Contracts for Difference (CFDs) designed to expose clients to the price movements of cryptocurrencies.Operating without licenseThe regulator found that the company…

"We deeply regret any inconvenience this might cause and we remain grateful for your unwavering support and understanding," the exchange wrote. 614 Total views 1 Total shares KuCoin's Bitcoin (BTC) and Litecoin (LTC) mining pools will be suspended from 16:00:00 on Aug. 15, 2023 (UTC) until further notice. The exchange said the decision was "in line…

Cryptocurrency owners are “generally more educated than the average,” according to a new study by the Bank for International Settlements. 207 Total views 1 Total shares The Bank for International Settlements (BIS), a global financial institution owned by some of the world’s biggest central banks, is trying to dispel the theory that cryptocurrency ownership is…

The Senate Committee on Banking, Housing and Urban Affairs heard from several expert witnesses with knowledge of stablecoins who urged lawmakers to establish a clear regulatory framework but could not seem to agree on where lines would be drawn.In a Tuesday hearing on “Stablecoins: How do They Work, How Are They Used, and What Are…