US trustee challenges FTX reorganization plan, citing legal concerns

1. Can withdrawing funds ever be an issue? There is always a risk of this — and even big exchanges aren’t immune. As a case in point, take a look at Bitfinex. At the time of writing, according to CoinMarketCap, it was the 25th-largest crypto exchange by trade volume. But, despite its popularity, disgruntled users have…

Over 30 advocacy groups have appeared as signatories on a request that Congress and regulators implement an official moratorium on Libra development, as per the letter published on July 2.The letter was also addressed to Facebook, with Mark Zuckerberg himself cc’d, and asked that the social media giant wait until Congress and regulators have scrutinized…

Bitcoin (BTC) may be struggling to hit $10,000, but its progress is right on track, new stock-to-flow data confirms.Adding a new update to his model on July 1, stock-to-flow model creator PlanB showed that Bitcoin is behaving exactly as its bullish history demands.Bitcoin adds second “red dot”The BTC S2F Cross Asset Model (S2FX) uses color-coded…

New research from CrossTower argues institutional buyers will hold BTC prices above $50,000. 447 Total views 7 Total shares In a report shared with Cointelegraph, institutional crypto trading platform CrossTower asserts that large investors will not let Bitcoin (BTC) fall back below $50,000.According to the report, addresses holding over 1,000 BTC rose to record highs in January…

While three American citizens brought in the case, the lawsuit alleges that “millions” of people could be eligible for damages. 229 Total views 19 Total shares Own this piece of history Collect this article as an NFTJust five days after Binance and its CEO Changpeng ‘CZ’ Zhao got sued by the United States Commodity Futures…

Ether (ETH) bulls seem excited by the recent $4,870 all-time high that was hit on Nov. 10. While it was a new high in U.S. dollar terms, ETH is still 51% below June 2017’s price in Bitcoin (BTC) terms. But it’s entirely possible that the 0.155 BTC level reached in the previous cycle reflected the…

The attorneys for Ishan and Nikhil Wahi wanting the case thrown out arguing the SEC was “wrong” when charging the pair. 224 Total views 9 Total shares Own this piece of history Collect this article as an NFTA former product manager at cryptocurrency exchange Coinbase has moved to dismiss charges of alleged insider trading, with…

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Coinbase is rapidly expanding its product offerings this month as some select users can now access DeFi and other Dapps on Ethereum through the Coinbase app. 329 Total views 27 Total shares America’s largest crypto exchange Coinbase has rolled out Web3 app functionality including a hot wallet and browser for a limited set of its…