US trustee challenges FTX reorganization plan, citing legal concerns

Call it counterintuitive, but blockchain could be considered less transparent now than the stock market. How so? Blockchains are apparently open, and anyone can see which token went where, after all. Well, yes and no. Blockchain is a forest, and a forest is the best place in the world to hide a leaf. We know…

Crypto users have continued to send funds to the apparent honeypot scam, even with many warnings they won’t be able to transfer any of it.

The founder of Morgan Creek Capital explains how the Federal Reserve is destroying your purchasing power and why it could get a lot worse. 283 Total views 2 Total shares Inflation is front-page news again after the Labor Department revealed this week that the United States consumer price index soared to 8.5% year-over-year in March…

Chinese Bitcoin mining giant Bitmain’s co-founders Jihan Wu and Micree Zhan Ketuan will quit their posts as co-CEOs but still steer the company’s important decisions. Hong Kong-based English-language news outlet South China Morning Post reported the news Jan. 10.Referencing anonymous “people familiar with the matter,” the publication said Bitmain’s director of product engineering Wang Haichao…

Billionaire Bill Ackman has called upon the city authorities to ensure that more innovators don’t migrate because of the regulatory hurdles. 64 Total views 11 Total shares Billionaire investor Bill Ackman has called upon New York City mayor to look into the crypto regulatory clampdowns associated with BitLicense.A New Yorker shared his aghast on Twitter…

A physical bitcoin (BTC) is selling on eBay for $99,000, a listing on July 1 shows.The seller claims the “collector’s must have” is a Casascius brass token that was created in 2011.According to the listing, the physical coin is loaded with one BTC that has not been redeemed, and all of the seals remain intact.Payment can be made…

While apes rejoiced at the sight of DeFi bags in Cuban's addresses, he might be preparing for a bearish future. 4684 Total views 17 Total shares Shortly after a limited edition non-fungible token release, entrepreneur and Dallas Mavericks owner Mark Cuban has called into question the valuations in the NFT space, as well as those…