FTX creditor claims breach the 50c mark as buyers see light at the end of the tunnel

The market is warming to FTX claims, with one claim going for between 52 and 53 cents on the dollar at auction on Friday.

FTX creditor claims breach the 50c mark as buyers see light at the end of the tunnel

The market for FTX creditor claims has been heating up, with some claims now reportedly selling for more than 50 cents on the dollar, according to Thomas Braziel, partner at 117 Partners —...

11 months ago

Worldcoin to pay orb operators in WLD rather than USDC

Worldcoin Foundation Shifts Payment Method for Orb Operators to WLD Tokens, Updates Circulating Supply, and Extends Loan Agreements

Worldcoin to pay orb operators in WLD rather than USDC

The Worldcoin Foundation will soon pay orb operators, who scan people into the Worldcoin network, in WLD tokens rather than USDC stablecoins. The foundation expects to complete the transition by...

11 months ago

Rise in Number of French Stores Accepting Bitcoin

French Stores Rush to Adopt BTC, Crypto in 2023

Rise in Number of French Stores Accepting Bitcoin

A growing number of French stores are accepting Bitcoin as a form of payment – ranging from large shopping malls to traditional restaurants. The fast-growing group now includes B...

11 months ago

California 'BitLicense' Bill Signed by Gov. Newsom

The Digital Financial Assets Law will take effect on July 1, 2025.

California 'BitLicense' Bill Signed by Gov. Newsom

California Governor Gavin Newsom signed a crypto licensing bill on Friday, set to take effect in July 2025. Considered California's answer to New York's "BitLice...

11 months ago

Bitcoin ATM Scams On The Rise, Leaving Victims Defrauded of Thousands of Dollars

Bitcoin (BTC) ATM scams are becoming increasingly prevalent, resulting in unsuspecting users losing substantial sums of money.

Bitcoin ATM Scams On The Rise, Leaving Victims Defrauded of Thousands of Dollars

In a recent such incident, Jim Meduri of San Jose received a phone call from an individual posing as his son, who claimed that he had been involved in a car accident, ...

11 months ago

Top crypto firms named in $1bn fraud lawsuit

US prosecutors have accused three high-profile cryptocurrency firms of defrauding investors of more than $1bn.

Top crypto firms named in $1bn fraud lawsuit

New York Attorney General Letitia James said Gemini, a crypto exchange, had lied to customers about the risks of an investment account it offered, which paid high interest rates on crypto. ...

11 months ago

Bitdeer Announces New US$2,000,000 Share Repurchase Program

Bitdeer new stock buyback program

Bitdeer Announces New US$2,000,000 Share Repurchase Program

SINGAPORE, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (“Bitdeer” or the “Company”) (NASDAQ: BTDR), a world-leading technology company for the cryptocurr...

11 months ago

Insomnia Labs partners with web3 firms for brand loyalty shift

Insomnia Labs has partnered with several companies to incorporate web3 elements into brand loyalty.

Insomnia Labs partners with web3 firms for brand loyalty shift

New York-based technology firm Insomnia Labs on Oct. 18 announced a partnership with several web3 companies, including Co:Create, Smart Token Labs, Cookie3, and Crossmint, to launch a brand loya...

11 months ago

Quantstamp Unveils DeFi Protection Program: Safeguarding Against Losses

Quantstamp, a global Web3 security leader, is proud to introduce DeFi Protection, an innovative security solution designed to reimburse users in the unfortunate event of DeFi losses.

Quantstamp Unveils DeFi Protection Program: Safeguarding Against Losses

Decentralized finance (DeFi) hacks have been a persistent issue and a significant obstacle to mainstream adoption. As reported by Forbes, hackers have exploited DeFi protocols nearly 500 times, ...

11 months ago

SEC drops all charges against Ripple’s CEO Garlinghouse and co-founder Larsen

The XRP token rose over 6% on the day after the SEC dismissed the charges against Ripple’s top executives.

SEC drops all charges against Ripple’s CEO Garlinghouse and co-founder Larsen

The U.S. Securities and Exchange Commission (SEC) has dropped all charges against Ripple Labs  Chief Executive Officer Brad Garlinghouse and Executive Chairman Chris Larsen, according to an...

11 months ago

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