Key Takeaways FTX’s Chapter 11 reorganization plan was approved by a US bankruptcy court on Monday. FTX creditors will receive 119% of approved claims in cash following court approval. Share this article FTX’s native token, […]
Courts in the United States have frozen the financial assets of former Celsius CEO Alex Mashinsky. Former FTX CEO Sam Bankman-Fried’s appeal of his bail revocation has been deemed “meritless” by prosecutors in the case […]
Share this article In an effort to strengthen investor protection in the digital asset space, Thailand’s Securities and Exchange Commission (SEC) has rolled out a fresh set of directives for firms offering digital asset services, […]
Bernstein analyst says Grayscale ruling was a game changer. Gautam Chhugani expects Bitcoin to materially benefit from it. The world’s largest cryptocurrency is still lingering around $26,000. The recent ruling in favour of Grayscale and […]
The US dollar index jumped to the highest level in five months. The rally happened as the US economic growth continued. Cryptocurrencies like Litecoin have an inverse relationship with the USD. Litecoin price remained under […]
The crypto betting platform Stake faces allegations of a staggering $41 million security exploit. Known for its high-profile endorsement deal with Canadian rapper Drake, Stake is now at the epicenter of a multimillion-dollar hack. Crypto […]
Share this article DeFi protocol Arcadia Finance fell victim to a code exploit, leading to a significant loss of approximately $455,000. Blockchain security firm PeckShield was the first to detect and reveal the breach, attributing […]
SEC delayed its decision this week on applications for a Bitcoin ETF. Former SEC chair Jay Clayton talked Bitcoin ETF with CNBC on Friday. The world’s largest cryptocurrency is down 18% versus its YTD high. […]
Cryptocurrencies had a mixed week after Grayscale scored a major victory against the Securities and Exchange Commission (SEC). That verdict led to a major rebound of most cryptocurrencies like Bitcoin and Litecoin. The gains were […]
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