A disclosure statement is an official, court-approved document outlining the debtor’s assets and liabilities.

Bankrupt Crypto Lender BlockFi Inches Closer to Refunding Clients

BlockFi’s reorganization continues to inch forward as the firm announced that its disclosure statement was conditionally approved by the U.S. bankruptcy court in New Jersey. &ldq...

1 year ago

Asset Managers Seek SEC Approval for Ethereum Futures ETFs in the US

Six Asset Managers File Fresh SEC Applications to Launch Ethereum Futures ETFs in the US

Six prominent asset managers have filed fresh applications to the US securities and exchange commission (SEC), for the approval of Ethereum (ETH) futures exchange-traded funds (ETFs). The filing...

1 year ago

Breaking: US Department of Justice Considering Fraud Charges Against Binance Crypto Exchange

The US Department of Justice (DoJ) is mulling whether to press fraud charges against Binance, as per a Semafor report. However, as per the report, the DoJ is worried that if it in...

1 year ago

Worldcoin gives people digital coins in exchange for a scan of their eyeballs

Worldcoin suspended in Kenya as thousands queue for free money

The Kenyan government has ordered cryptocurrency project Worldcoin to stop signing up new users, citing data privacy concerns. Worldcoin, founded by US tech entreprene...

1 year ago

Terraform Labs argued that there was no contract in the sale of UST to retail investors.

Judge Rejects Ripple Ruling Precedent in Denying Terraform Labs' Motion to Dismiss SEC Lawsuit

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

Proposed re-organization plan provides a pathway for a specific class of debtors to pool assets to create a new, offshore exchange.

FTX Plans to Restart Crypto Exchange for International Customers

The bankruptcy administrators have filed a proposed plan that would see a possible restart of FTX.com. The re-booted exchange would only be available t...

1 year ago

Bitcoin holds above $29,300

Crypto Price Today: Bitcoin holds above $29,300; Tron, Shiba Inu fall up to 4%

The cryptocurrency markets were trading mixed in Monday's trade. Bitcoin and BNB were trading with gains, while Ethereum, Tron, Dogecoin, and Polkadot were trading with cuts. ...

1 year ago

Ripple's New Partnership

Ripple's New Partnership to Help Enhance Payments Globally, XRP Price to Target New ATH, SHIB Surpasses 4,490 Other Coins: Crypto News Digest by U.Today

Ripple's new partnership to help enhance payments globally, white paper published On Saturday, July 29, Ripple fintech giant posted about its recent partnership with Faster Payments Council,...

1 year ago

Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges.

Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges

Australia’s Bendigo Bank has become the fourth major bank in the country to announce blocks for “high-risk crypto payments,” citing the need to protect customers from investmen...

1 year ago

Bitcoin

Bitcoin Teases $29.5K, Ether Drops as 'Accumulator Season' Begins

Bitcoin (BTC) moved through the east Asia afternoon trading day just shy of $29,500, sitting comfortably at $29,404, as the CoinDesk Indicies bitcoin trend indicator put the ...

1 year ago