US Trustee challenges FTX reorganization plan, citing legal concerns

The sold amount accounts for 9% of all Coinbase shares bought by ARK Invest so far this year, and about 23% of COIN acquired in March. 163 Total views 4 Total shares Own this piece of history Collect this article as an NFTCathie Wood’s investment management firm ARK Invest is moving to take profits from…

505 out of 700 employees reportedly signed a letter stating that the board has undermined the company’s mission by firing Altman. 139 Total views 41 Total shares OpenAI staff are reportedly not happy about their board of directors firing founder Sam Altman. According to a social media post from tech podcaster Kara Swisher, employees sent

Invesco’s spot Bitcoin ETN joins 25 other similar products on Deutsche Boerse’s digital exchange, Xetra. 481 Total views 23 Total shares Soon after dropping a filing for a Bitcoin (BTC) futures exchange-traded fund (ETF) in the United States, asset manager Invesco is launching a spot BTC exchange-traded note (ETN) in Europe.On Nov. 29, German stock…

Cryptocurrency asset management company BlockFi announced that its interest-bearing accounts now support the gemini dollar (GUSD) in a post published on May 29.Per the announcement, GUSD deposits will see a yearly yield of 6.2%, paid in the stablecoin in question. BlockFi notes that it also offers GUSD as a U.S. dollar funding option and as…

The court has reportedly given the U.S. SEC until Sept. 3 to respond to Ripple’s motion to compel the authority to provide data on SEC employees’ XRP holdings. 417 Total views 4 Total shares Ripple has filed a motion to compel the United States Securities and Exchange Commission, or SEC, to disclose its internal cryptocurrency…

This week’s Crypto Biz explores several regulatory developments targeting crypto firms, including charges against Uniswap, a delay in a decision on an eco Bitcoin ETF, and a potential challenge to FTX’s repayment plan.

Bitcoin Strategist at Kraken, Pierre Rochard, explains why Bitcoin is the perfect asset against uncertainty despite its high volatility. 1354 Total views 39 Total shares Bitcoin Strategist at Kraken Pierre Rochard believes Bitcoin to be the perfect hedge against uncertainty, despite its high volatility. In an interview with Cointelegraph, Rochard pointed out the dichotomy of uncertainty…

1. What is a noncustodial exchange? A noncustodial exchange (NCE) is a service that facilitates the trade of different cryptocurrencies without ever holding user funds.  On the surface, noncustodial exchanges don’t seem different from decentralized exchanges. This is because both these of types of exchanges don’t hold user funds (fiat or cryptocurrency). This is the…