US trustee challenges FTX reorganization plan, citing legal concerns

Bitpay wins Company of the Year Award from market research company. 1283 Total views 29 Total shares Digital asset transaction platform, Bitpay, has won the Frost & Sullivan Company of the Year Award in the alternative payments category."Bitpay is a true industry leader, delivering best practices in growth, innovation, and leadership," David Frigstad, Frost & Sullivan's…

Blockchain firm HashCash plans to create a federated and sovereign digital identity architecture to be used in banking processes. Blockchain firm HashCash Consultants claims that banks are "chief arbiters" of people's identities, and need blockchain technology to do it better.According to an Aug. 11 announcement, “accurate identification of an individual is central to banking activities…

Nearly $1 billion worth of Bitcoin (BTC) futures contracts were liquidated on Jan. 13, a day after the big shakeout. The continuous loop of liquidations is causing extreme volatility and large price swings in the cryptocurrency market.Total Bitcoin liquidations. Source: Bybt.comWhat are futures liquidations, and why are so many Bitcoin positions being liquidated?In the Bitcoin…

Bitcoin (BTC) faces sharp volatility as the new week begins with BTC price action focusing on $42,000 — can it endure?The largest cryptocurrency, fresh from weekend gains that topped 10%, is still keeping traders guessing over its next move.While a trip to $40,000 was well anticipated, the question now is whether or not the latest

Following the theft and repayment of $900,000 in Bitcoin (BTC), Shapeshift is now pursuing damages in court against its former senior software engineer, Azamat Mukhiddinov. "There was significant time lost and legal costs associated with the clean-up," Shapeshift's chief legal officer, Veronica McGregor, told Cointelegraph, noting that customer funds were safe throughout the ordeal. "ShapeShift is non-custodial,…

The Terraform Labs co-founder had been awaiting extradition to either the United States or South Korea after being arrested and charged in Montenegro. 424 Total views 1 Total shares Terraform Labs co-founder Do Kwon will reportedly be extradited to the United States rather than South Korea to face criminal charges.According to a Dec. 7 Wall

Luno exchange agreed not to post their Bitcoin ads in their current form again and promised to ensure that future ads would carry a proper risk warning. 2036 Total views 4 Total shares A major advertising industry organization in the United Kingdom has ruled on an ad campaign telling people “it’s time to buy” Bitcoin…

Altcoins have continued to boom while Bitcoin (BTC) has effectively traded sideways. I closed the majority of my position in VeChain (VET) for a quick 60% profit and nailed my exit on Stellar Lumens (XLM) almost exactly at the top. I am once again long on Bitcoin from $8,375 and have stopped out in profit…

Billionaire tech CEO Elon Musk is certainly very hands-on with his work, but not like that, apparently.