FTX Reaches Settlement With IRS on $24 Billion Tax Claim
4.6.2024
Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within 60 days after the company’s restructuring plan is approved. Additionally, the U.S. tax authority will receive a $685 million lower priority...
Elon Musk sets record straight on Nvidia AI chip shipments
4.6.2024
The billionaire industrialist clarified that the south extension of Tesla's Giga Factory in Texas would soon be complete, allowing for more AI infrastructure
VC Billionaire Chamath Palihapitiya Explains the $500,000 Bitcoin Case: Countries Will Become Dual Currency
4.6.2024
Chamath Palihapitiya, the founder and CEO of Social Capital, a venture capital firm, has explained how bitcoin could reach $500,000 or even higher price levels in the coming months. During a podcast, Chamath clarified that considering the price performance in the previous halving cycles, bitcoin...
Zimbabwe central bank ironing out wrinkles in new currency
4.6.2024
The new currency, an outgrowth of the government’s gold-backed token, is performing well economically but receiving mixed public reviews
SEC to Shutter Office Behind Failed DEBT Box Crypto Lawsuit
4.6.2024
The Securities and Exchange Commission's Salt Lake City office – notorious in the crypto world for its failed fraud lawsuit against DEBT Box – will shut down after seeing "significant attrition" among its staff, some of whom were pushed out over the case
Edward Snowden on NYSE Trading Halts: ‘Bitcoin Fixes This’
4.6.2024
On Monday, the New York Stock Exchange (NYSE) encountered a series of unexpected trading halts affecting stocks such as Chipotle and Berkshire Hathaway. Berkshire shares plummeted 99.7%, while Chipotle’s stock fell 66%. In response to the event, renowned whistleblower Edward Snowden took...
Consensus 2024: Reacting to Trump verdict during crypto conference
4.6.2024
Digital asset regulation and policy were at the center of discussion for many panels at the crypto event when news of Donald Trump’s 34 felony convictions broke
Ether Price Poised for Supply 'Shock' as ETFs May Attract $4B Inflows in Five Months, K33 Research Says
4.6.2024
ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said
Ethereum ETF excitement? ETH futures tell a different story
4.6.2024
ETH futures reflect pessimism with crypto regulation and potential delay in the spot ETF launch
BODEN Token Up Over 10%, TREMP Gains 5% After Kraken Lists Solana PoliFi Duo
4.6.2024
BODEN appears to be the winner as first exchange open to U.S. residents lists the election-themed tokens
Shibarium dev issues warning on fake TREAT token
4.6.2024
A notable Shibarium team member stressed that while the token cannot be taken down from exchanges, traders should exercise best practices
Bitcoin ETFs Resume Inflow Winning Streak; BlackRock's IBIT Crosses $20B in AUM
4.6.2024
The U.S.-based spot bitcoin ETFs yesterday made it 15-consecutive sessions of net inflows, with the latest rush of money combing with a rally in the price of {{BTC}} to send BlackRock's iShares Bitcoin Fund (IBIT) to more than $20 billion in assets under management for the first time