US trustee challenges FTX reorganization plan, citing legal concerns

Bitcoin (BTC) returned to $9,300 on Nov. 1 after a period of downward pressure gave away to fresh positive sentiment. Cryptocurrency market daily overview. Source: Coin360Bitcoin shows firm $9K supportData from Coin360 put the largest cryptocurrency at around $9,200 as of press time Friday, with 24-hour performance seeing it dip as low as $9,060.Bitcoin seven-day price…

“When it rains, it pours” is an old saying finding new relevance in the cryptocurrency markets on May 9 as traders face another day of pain and the current price decline brings Bitcoin (BTC) to its lowest level in 2022. Data from Cointelegraph Markets Pro and TradingView shows that the BTC selloff on May 9 intensified…

Chinese crypto exchange Huobi plans to launch its blockchain-powered smartphone Acute Angle in Southeast Asia next week.Official launch is coming next weekHuobi’s new blockchain phone was already available to some users in China, but the actual launch is scheduled for next week as part of the sixth Huobi Prime launch, according to a Finance Magnates…

Bitcoin mining stocks usually follow BTC’s price because it directly influences the company's earnings. These stocks were beaten down heavily in the last quarter of 2022, especially in the month of December. The downturn after FTX's collapse worsened with the bankruptcy filings of the largest U.S.-based Bitcoin mining company, Core Scientific.During this time, other mining…

The Ethereum network witnessed the deployment of its London upgrade on the Ropsten testnet on June 24. This upgrade consists of the highly anticipated Ethereum Improvement Proposal (EIP) 1559. Following the launch on the Ropsten testnet, the London upgrade will be deployed on Ethereum’s Goerli, Rinkeby and Kovan testnets at weekly intervals. This is one of…

With more than $1.4 trillion in assets under management, Franklin Templeton is one of the world’s largest independent asset managers. 692 Total views 11 Total shares Franklin Templeton is the latest investment company to go on a cryptocurrency hiring spree by posting fresh job applications seeking crypto professionals.The American asset manager is looking for two…

Colony, an early Ethereum project aimed at building decentralized governance tooling, announced today that it is preparing for a relaunch that’s been five years, multiple missteps, and a few half-starts in the making.If successful, however, the new app could be a boon for the dozens of decentralized finance (DeFi) protocols currently struggling with the clumsy…

The plan to expand its workforce comes just months after it mutually called off its plans to go public via a SPAC merger. 205 Total views 5 Total shares Own this piece of history Collect this article as an NFTUSD Coin (USDC) issuer Circle plans to increase its workforce by 15–25% in 2023 amid a…

Active decentralized finance (DeFi) users woke up yesterday to yet another “airdrop” of governance tokens, this time courtesy of self-described “multi-service platform” Stake DAO — but, due to the unique distribution method and some bugs in the rollout, eligible users might want to claim their tokens sooner rather than later. In an introductory post to the…