US trustee challenges FTX reorganization plan, citing legal concerns

Patrick Byrne’s exit from Overstock has nothing to do with the allegedly ongoing regulatory investigation, the firm’s interim CEO said.No requests since December 2018Overstock’s interim CEO Jonathan Johnson claimed that the alleged probe by the United States Securities and Exchange Commission (SEC) appears to be “almost dormant” to date as the authority has not asked…

YouTube’s updated community guidelines include new disclosure requirements for AI-generated content, its new standards for “sensitive topics,” and the removal of deep fakes. 316 Total views 1 Total shares YouTube, the video streaming social platform, released new community guidelines relating to the disclosure of artificial intelligence (AI) used in content. The platform published a blog on

Konstantin Ignatov is probably breathing a sigh of relief today. Konstantin Ignatov, co-founder of major cryptocurrency exit scam, OneCoin, initially faced up to 90 years in jail after pleading guilty in November 2019. Now, however, it seems that Ignotov is no longer one of the key defendants in legal actions brought by victims of the…

Bitcoin (BTC) "may be primed" for a quantum leap in its development thanks to inflation this year, a Bloomberg analyst has claimed.In a tweet on March 17, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, released a fresh bullish take on Bitcoin's future under current macro conditions.Gold beating Bitcoin "unlikely" this yearWell known for his…

While there are many upsides to Bitcoin’s bullish price momentum, its impact on the coin’s denomination as a currency unit may not be one of them.As a Quartz article published on August 1 notes, with Bitcoin (BTC) currently circling $9,950, retail buyers are faced with the prospect of forking out a figure such as 0.0009950…

MATIC is now the 17th-biggest cryptocurrency by market cap as an exchange listing sees it reject the bearish mood afflicting major tokens. 1388 Total views 11 Total shares Ethereum infrastructure development platform Polygon’s MATIC token hit new all-time highs on May 18 to become the best-performing cryptocurrency on the day.MATIC/USD 1-hour candle chart (Coinbase). Source:…

More than $1 billion worth of Ether has been withdrawn from centralized exchanges within a 24-hour period. It's the second time this year and the price went vertical last time. 6668 Total views 30 Total shares More than $1 billion worth of Ether has been removed from centralized exchanges in 24 hours, leading to speculation…

Bitcoin (BTC) dipped below $8,500 on Jan. 23 as traders’ expectations of a slow downtrend from recent highs appeared to slowly come true.Cryptocurrency market daily overview. Source: Coin360BTC returns to $8,400sData from Coin360 and Cointelegraph Markets showed BTC/USD reach lows of $8,480 overnight on Wednesday. At press time, Bitcoin hovered at around $8,505.The former level…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi was dominated by exploits and hacks, with three DeFi platforms losing nearly $39 million. Alphapo’s hot wallets were exploited for over $32 million,…