US trustee challenges FTX reorganization plan, citing legal concerns

Peer-to-peer Bitcoin trade in Sub-Saharan Africa has rallied, surpassing the previous combined volume record posted at the heights of 2017’s rally. Crypto investors in Sub-Saharan Africa appear to be accumulating ahead of Bitcoin’s (BTC) halving next week.According to data published by Useful Tulips, surging African demand has driven record peer-to-peer (P2P) Bitcoin trading volume across…

Republican leadership has blamed the Biden administration for not having a "sense of urgency" on stablecoins, while the Democratic response suggested "impatience" by lawmakers. 382 Total views 5 Total shares United States House Financial Services Committee chair Patrick McHenry has pointed a finger at the Biden administration for the lack of bipartisan agreement on a…

In today’s evolving business world, industry leaders across the globe are turning to blockchain technology to revolutionize their respective industries. Although blockchain is still a relatively new concept, a growing number of companies are now investing in it. Blockchain has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency and…

One month has passed since the 2020 Bitcoin (BTC) miner reward halving, and a lot has happened for the predominant cryptocurrency since then. From changes in investor and trader behavior to an exponential growth in institutional interest, the halving seems to have marked the start of a new reality for all Bitcoin market participants.Although the…

Earlier this year, during during the annual Queen’s Speech in the United Kingdom, Prince Charles informed the Parliament about two bills. One of them — the Economic Crime and Corporate Transparency Bill — would expand the government's powers to seize and recover crypto assets.Meanwhile, the United States Internal Revenue Service (IRS) seized more than $3…

Dogecoin has surged almost 20% this week, possibly due to a viral TikTok challenge that encourages users to get rich should the coin's price hit $1. 2438 Total views 49 Total shares Crypto asset Dogecoin (DOGE) has leapt 18% in 24 hours and almost 20% over the past week. The price action is happening against…

China’s Zhejiang province has processed nearly $6 billion via a blockchain medical billing platform using Ant Financial’s blockchain technology, Chinese publication QNSB reports on Nov. 18. Successfully piloted in 2018, the blockchain-enabled platform allows citizens to make doctor’s appointments, get prescriptions as well as pay, record and store their medical bills online.At a local blockchain…

Captain Kirk seems unconvinced that the Australian computer scientist Craig Wright is the inventor of Bitcoin (BTC).William Shatner, the Canadian actor that played Captain Kirk in the original Star Trek series, suggested that Wright is not behind the pseudonym Satoshi Nakamoto — the seminal cryptocurrency’s creator. In a tweet on Feb. 11, Shatner said:“Ask yourself…