Was Warren Buffett right? 5 Things to know in Bitcoin this week
Bitcoin sees a giant $30,000 crash in a week while Ethereum retreats 40% and Berkshire Hathaway’s Apple sale takes on new meaning as stocks dive worldwide.
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FTX has a plan, but creditors are not impressed: Law Decoded
A body representing FTX customers said it is “extremely disappointed” by the company’s reorganization plan. 117 Total views 2 Total shares FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for it to become operational as an offshore entity. However, a body…

Trump’s Proposed Budget Snubs Blockchain, Crypto in Crosshairs of Security Service
Earlier this week, the word “cryptocurrency” made it to the text of one of the United States government’s most consequential strategic documents: the Trump administration’s budget proposal for the 2021 fiscal year. However, the budget does little to enhance blockchain-powered innovation, as it included no additional taxpayer dollars in funding.The premise for mentioning digital currencies was,…

US trustee challenges FTX reorganization plan, citing legal concerns
The objections raised by the US trustee and the creditor group are likely to play a significant role in the court’s deliberations.

Mastercard partners with crypto payment firm MoonPay for Web3 services
MoonPay has announced a partnership with Mastercard, targeting Web3-based experiential marketing or new ways to connect with Mastercard’s consumers. 317 Total views 49 Total shares Global payment giant Mastercard continues exploring cryptocurrency benefits through a new collaboration with crypto payment platform MoonPay.MoonPay officially announced on Oct. 25 a partnership with Mastercard aiming to jointly explore

$10,000 Bull Trap? Why Bitcoin Price Is Now Likely to Pull Back
Bitcoin (BTC) price was once again sideways last week with price action between bulls and bears proving to be equal. But scenarios look likely for Bitcoin as we approach the month of May comes to a close?Let's take a look at what's happening with the largest cryptocurrency by market capitalization, BTC. Daily crypto market performance. Source:…

Crypto market cap recovers $76B, altcoins rally after Bitcoin hits $34K
Bitcoin’s quick recovery to $34,800 ignited a rally in altcoins, boosting the total crypto market capitalization by $76 billion. 292 Total views 1 Total shares Cryptocurrency traders received a reprieve from bearish market conditions on June 23 as Bitcoin’s (BTC) brief recovery to $34,880 triggered a rally in altcoins and hope that a wider market…

Malta’s ‘blockchain island’ strategy falters as banks refuse to play ball
Malta’s plan to become a"‘blockchain island" appears to have stalled, with few retail banks indicating a willingness to work with crypto firms. 1075 Total views 8 Total shares Malta’s Finance and Employment Minister, Clyde Caruana, has revealed that the nation’s plan to become a “blockchain island” is floundering due to the unwillingness of local banks…

DeepDAO secures $3M for expansion even as DAO treasuries halve in one month
Data analytics website, DeepDAO, has secured $3 million from notable investors to expand its data suite for tracking decentralized autonomous organizations. 2815 Total views 4 Total shares DeepDAO, a website aggregating data on decentralized autonomous organizations (DAOs), has raised $3 million for future expansion in a round led by venture capital firms Hypersphere and DFG.An…