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FTX Creditors File Motion to Block Crypto Valuation with Low 2022 Prices


Source: Adobe / Александр Поташев A group of FTX creditors have filed a motion seeking to stop plans of the collapsed exchange from valuing their cryptocurrency assets based on 2022 prices. FTX Creditors...

South Korean Crypto-related KOSDAQ Stocks Soar on Bitcoin ETF News


Source: mirsad/Adobe South Korean crypto-related KOSDAQ stocks “soared” on the news of the US Securities and Exchange Commission (SEC)’s approval of 11 Bitcoin spot ETFs. No South Korean crypto firm has yet floated on the Korean Exchange. However, several listed companies have...

Um, GameShark May Have (But Probably Didn't) Leak Switch 2's Release Date


In a new press release from audio electronics company Altec Lansing, it was revealed that GameShark is returning, sort of via an artificial intelligence-powered successor called “AI Shark” You don’t care about that. Instead, the big news out of this press release is that it might have leaked...

EBA Discusses Proposed Guidelines for Stablecoin Issuers


Source: AdobeStock / rarrarorro European banking regulators have urged stablecoin issuers and other stakeholders to dialogue with regulators ahead of proposed stablecoin rules under the Markets in Crypto Assets (MICA) regulation. EBA Calls for Synergy Between Stakeholders and Regulators...

Bethesda’s Indiana Jones Game May Finally Have A Name


Twitter sleuth Kurakasis believes they’ve figured out the name of Bethesda’s upcoming Indiana Jones video game. And, well, it’s right up there with howlers like “Kingdom of the Crystal Skull” and “Dial of Destiny.” According to a bunch of URLs recently registered by the rightsholder Lucasfilm,...

Cryptocurrency and Taxes: A Guide for the 2023-2024 US Tax Season


Source: AdobeStock / Nuthawut If one thing in life is certain, it’s that we all have to pay taxes. Therefore, it’s important for cryptocurrency holders and investors to understand everything involved when it comes to crypto and taxes. This is becoming even more critical as digital assets gain...

Top NFT News Today – 11 January, 2024


Source: AdobeStock / Passakorn Non-fungible tokens (NFTs) are making (yet another) comeback. Over the last 24 hours, the NFT sales volume went up more than 30% to $50.5 million, according to CryptoSlam. That said, transactions have seen a small drop of less than 0.5%, recording 313,887 at the time...

US Spot Bitcoin ETFs Set to Make Historic Debut Tomorrow


The long-awaited U.S. spot bitcoin exchange-traded funds (ETFs) will finally commence trading. The Securities and Exchange Commission (SEC) approved 11 spot bitcoin ETFs on Wednesday to be listed and traded on the NYSE Arca exchange, the Nasdaq stock exchange, and the Cboe BZX Exchange. The three...

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