Bitcoin
FTX Creditor Claims Going for 13 Cents on the Dollar on Bankruptcy Marketplace Xclaim
Claims trading platform Xclaim says it has doubled its pool of claims buyers due to interest in FTX. Source link
Bitcoin
Bitcoin
Solana-Based Bonk Inu NFTs Surge Tenfold After Mint, But Listing Attracts Criticism
That move attracted brickbats from the Bonk Inu community, including its developers. “BONK is meant to be open source for everyone to build upon. We are disappointed to see an exchange limit trading using OCP,” […]
Bitcoin
BlockFi Creditors Battle to Keep Their Details Secret
Andrew Vara, a U.S. Department of Justice official responsible for bankruptcy cases, argued in a separate Tuesday filing to the New Jersey bankruptcy court that “disclosure is a basic premise of bankruptcy law,” needed to […]
Bitcoin
Bitcoin CME Futures Draw Premium for the First Time Since FTX's Collapse
While futures have flipped into premium, the “term structure” remains in backwardation, signaling caution among institutions. Source link
Bitcoin
Behind the Scenes on Indonesia’s New Official Crypto Exchange
Crypto exchange Coinbase has said it is planning to reduce its headcount by around 950 employees as part of a restructuring which it expects to be complete by the end of Q2 2023. Pacific Street […]
Bitcoin
Bitcoin Whales Go On 20,000 BTC Buying Spree
Bitcoin whales have now started accumulating BTC once more. This comes at a time when the crypto market is seeing struggling prices marked with low momentum. Now, with these large investors picking up the pace […]
Bitcoin
DCG’s Barry Silbert Talks About Genesis in Letter to Shareholders
In his letter Tuesday, Silbert said DCG has borrowed from Genesis Capital, but “these loans were always structured on an arm’s length basis and were priced at prevailing market interest rates.” Silbert said DCG has […]
Bitcoin
Bipartisan Group of US Senators Calls for Independent Examiner to Investigate FTX
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Bitcoin
Analysts ‘Encouraged’ by Coinbase Layoffs as They Show Company Is Being Financially Disciplined
Meanwhile, asset manager Needham, which expects COIN to trade at $73 by the end of the year and kept the stock at a buy rating, wrote in a note Tuesday that the company’s headcount reductions […]
Bitcoin
Crypto.com Delists Tether’s USDT Stablecoin for Canadian Users
The move comes after the Canadian Securities Administrators committed to stronger oversight over crypto exchanges following FTX’s collapse. Source link