FTX Bankruptcy Judge Denies US Trustee’s Request for Independent Examiner
16.2.2023
The judge presiding over the FTX bankruptcy case has denied the U.S. Trustee’s request to appoint an independent examiner for the ongoing proceedings. The decision comes after judge John Dorsey postponed the ruling last week, citing concerns that the examiner could cost creditors tens...
Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance
15.2.2023
Auros Global has missed its payments on decentralized finance loans since November, citing funds frozen on the collapsed crypto exchange FTX
Tether USDT Gains $1 Billion as Paxos Burns Over $1.8B of Binance USD Stablecoins
15.2.2023
The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny
US Prosecutors Ask Judge to 'Prohibit' Bankman-Fried From Using Phones, Internet
15.2.2023
Federal prosecutors asked a judge to modify the terms of FTX founder Sam Bankman-Fried's release on bond to ban him from using cell phones or the internet except under very specific conditions
The SEC shook Kraken down for $30M, but it doesn't mean they had a case
15.2.2023
Kraken agreed to a settlement with the SEC, but that didn’t change the law. Staking does not constitute a security
Blur Escalates Royalty Battle With OpenSea, Recommends Blocking Platform
15.2.2023
The zero-fee marketplace published a blog post on Wednesday explaining how creators can earn full royalties on its platform, suggesting that they block sales on competitor OpenSea
US lawmakers reintroduce bill to removing roadblocks for crypto investments in retirement accounts
15.2.2023
Four Republican senators have signed on to a bill aimed at barring the U.S. Department of Labor from investigating individuals “using brokerage windows to invest in cryptocurrency”
State of Crypto: Interpreting the Paxos-Binance Tea Leaves
15.2.2023
Remember how the U.S. Securities and Exchange Commission’s declaration of war against crypto staking was big news for like two days? This week we’re looking at the other big news from last week: Paxos and the Binance USD stablecoin it issues. The SEC has apparently alleged the sale of BUSD violates...
FDIC warns CEX.IO and its reviewers to remove potentially false claims about insurance
15.2.2023
The U.S. federal agency found a claim about deposit insurance in the fine print on the exchange’s website and on websites that reviewed it
Bitcoin Ordinal Inscriptions Surge Past 100,000 Mark, Spurring Development of Supporting Infrastructure
15.2.2023
According to the latest statistics, more than 100,000 ordinal inscriptions have been added to the Bitcoin blockchain since the start of the trend. Amid the growing popularity, people have launched supporting marketplaces and tools that allow individuals to inscribe without a full node....
Abu Dhabi to back the growth of Web3 startups with $2B
15.2.2023
The initiative promises to provide Web3 startups with access to corporate, government, and investment partners in both global markets and the UAE
Bitcoin Price Prediction as BTC Spikes Up Above $22,000 – Here's Where It's Headed Now
15.2.2023
Bitcoin, the world's largest cryptocurrency by market capitalization, has recently surpassed the $22,000 price level, which has reignited discussions about the digital asset's future prospects.
While Bitcoin has witnessed several price surges in the past, this recent uptick has come amidst...