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FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy.
A body representing FTX customers said it is “extremely disappointed” by the exchange’s draft bankruptcy exit plan and claims it was ignored by FTX’s restructuring team.
1 year ago
Lawyers for Sam Bankman-Fried claim that his alleged sharing of Caroline Ellison's diary with the New York Times does not amount to witness tampering.
Lawyers for Sam Bankman-Fried have denied that he attempted to intimidate witnesses in his criminal trial by talking to New York Times reporters and argued there is no reason to jail him. ...
1 year ago
The Open Ordinals Institute aims to bolster the protocol’s future development as Ordinals inscriptions hit a milestone of 21 million.
A non-profit organization dedicated to growing the development of nonfungible tokens (NFTs) on Bitcoin has been launched by the team behind the Bitcoin Ordinals protocol. Th...
1 year ago
Binance declined to comment on the issue when Cointelegraph reached out to confirm the report.
Binance has declined to comment on a media report that its CEO Changpeng Zhao almost shuttered the crypto trading platform’s arm in the United States in an effort to protect its ...
1 year ago
MicroStrategy plans to sell up to $750 million of stock, possibly to acquire BTC. The price of bitcoin rose following the announcement.
MicroStrategy, the software developer that’s amassed a giant bitcoin (BTC) stash in recent years, may raise up to $750 million by selling more stock and plans to use the proceeds to buy mo...
1 year ago
Solana Volumes Spikes
The cryptocurrency market has changed the traditional financial system and has managed to attract even institutional players. Due to its decentralized nature, it offers secure and fast transacti...
1 year ago
The United States tax collector will require taxpayers to count staking rewards as gross income at the time they gain “dominion" over the tokens.
United States crypto investors must report crypto staking rewards as gross income in the year it was received, according to a new ruling from the country’s top tax authority. On ...
1 year ago
Renowned investor, Cathie Wood, has made a bold prediction that has sent shockwaves through the financial world.
Renowned investor, Cathie Wood, has made a bold prediction that has sent shockwaves through the financial world. She believes that Bitcoin (BTC) could reach a staggering $1.5 million in val...
1 year ago
According to Novogratz, the most significant event to have occurred in Bitcoin this year was Larry Fink, chief executive officer of BlackRock Inc, said bloomberg in its news report.
As Bitcoin surges after a year of scandals and losses in the cryptocurrency business, Mike Novogratz, the CEO of Galaxy Investment Partners, stated that one man in particular offers him reason t...
1 year ago
Terraform Labs argued that there was no contract in the sale of UST to retail investors.
A federal judge denied Terraform Labs' motion to dismiss an SEC lawsuit. A federal judge denied stablecoin issuer Terraform Labs' motion to dismiss a lawsuit from the U.S. Secu...
1 year ago
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