FTX Legal Fees Amount to $1.3 Million Per Day, Creditors Concerned


Source: Adobe Bankrupt digital asset exchange, FTX has paid hundreds of millions in legal fees in a few months sparking reactions as creditors seek to recover their losses. Court filings show that over $118 million were billed on the exchange between August and October for professional legal fees...

Bitcoin Development Platform Tap Protocol Secures $4.2 Million in Funding


Source: trac.network Bitcoin Ordinals-based development platform Tap Protocol has raised over $4 million in an oversubscribed round, promising more “big” news to come. “We are happy to announce our successful fund raise of $4.2m which was oversubscribed by $13m+,”...

Bonk Price Prediction as BONK Falls 33% From Peak – Time to Sell?


The Bonk price has dived by 11% in the past 24 hours, with the coin’s drop to $0.00001918 also representing a 33% decline from its record high of $0.00003416. BONK set this ATH on Friday, meaning that it potentially retains some of the wider momentum that carried it to this peak, even if...

Report: Worldcoin Set to Resume Kenyan Operations in Early 2024


Worldcoin, the iris biometric crypto project, has reportedly reached an agreement with Kenyan authorities which allows it to resume operations in the African country. Worldcoin representatives are said to be “working directly with regulators to meet Kenya’s requirements.” Worldcoin...

Rupee’s rise slows: Fed cautious on cutting rates


The Indian Rupee was at ₹83.55 on November 22, 2023. It has now climbed to ₹83.02. While the strength is less than what it should be, it still signals that the currency could be getting stronger, potentially gaining more traction in the days to come. However, experts are hesitant about writing...

Blockstream CEO Adam Back: Bitcoin ETFs Could Propel Price to $100,000


Image Source: LinkedIn Blockstream CEO Adam Back believes 2024 could mark a period of resurgence for Bitcoin (BTC), propelling the leading cryptocurrency towards $100,000.  In a recent interview, the renowned cryptographer and the pioneer of the proof-of-work algorithm used in Bitcoin’s...

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