US trustee challenges FTX reorganization plan, citing legal concerns

The United States Chamber of Digital Commerce has taken aboard cryptocurrency exchange ErisX.Per a press release shared with Cointelegraph on July 18, ErisX has become a member of the Chamber of Digital Commerce, an advocacy group that promotes the digital asset and blockchain industry. ErisX thus joined other heavyweights of the industry such as Fidelity Investments,…

Sitharaman said crypto was a “threat as well as an opportunity” while confirming that the G20 members are working toward this vision of establishing a global crypto framework. 374 Total views 8 Total shares Under India's G20 presidency, active discussions around establishing a global framework for cryptocurrencies are underway, India’s minister of finance Nirmala Sitharaman

Mark Cuban said he didn’t focus on the price speculation around cryptocurrencies like Bitcoin and Dogecoin, comparing it to “gamesmanship” akin to that of stocks. 381 Total views 23 Total shares Comedian and former Daily Show host Jon Stewart said Dallas Mavericks owner and billionaire Mark Cuban broke down the intricacies of the crypto space…

Bitcoin (BTC) is leading the cryptocurrency markets lower and the matter is being exacerbated by Silvergate Banks' ongoing issues. This week the cryptocurrency-focused bank said that it needed additional time to file its annual 10-K report and warned that it may not be able to operate for another 12 months. Reacting to this news, several cryptocurrency…

Alex Mashinsky reportedly made the announcement at a Sept. 8 meeting, at which Celsius discussed possible scenarios for its future after filing for bankruptcy in July. 213 Total views 19 Total shares Crypto lending platform Celsius, currently in the middle of bankruptcy proceedings, reportedly plans to rebuild around crypto custody services.According to a Tuesday report…

Lawyers representing the former Alameda Research CEO have requested time served and supervised release — an outcome that appeared more likely after a filing by US Attorneys.

The three co-founders have been ordered to pay hefty fines for what the CFTC calls their involvement in serious violations of regulations and the Commodity Exchange Act. 153 Total views 18 Total shares The U.S. District Court for the Southern District of New York has ordered a total of $30 million civil monetary penalties from…

Tuesday, Oct. 22 — Crypto markets are mostly showing red candlesticks, while Bitcoin (BTC) fails to impress with a sudden drop below the $8,100 price point.Cryptocurrency market daily overview. Source: Coin360Bitcoin was trading above the $8,200 price mark for the better part of the day, but has dipped below $8,100 in recent hours. The world’s…