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Bankrupt Voyager, FTX Strike Deal to Resolve Claims Against Each Other
11.4.2024
FTX would entirely release the $445 million to Voyager, which would help reimburse creditors.
The post Bankrupt Voyager, FTX Strike Deal to Resolve Claims Against Each Other appeared first on Cryptonews
Committee on Banking, Housing, and Urban Affairs hears claims of stablecoin abuse
10.4.2024
Wally Adeyemo, the US Treasury Deputy Secretary, has released an official statement on how stablecoins are being used to avoid established security safeguards. The statement was issued before a hearing with the Senate Banking, Housing, and Urban Affairs Committee. It references various terrorist...
Immediate Infinity Review – Scam or Legitimate Crypto Trading Platform
9.4.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Showing strong words such as “unleash tactics that distinguish the victors from the vanquished”, Immediate Infinity likens the prospect of crypto trading to a battlefield. Since...
Filecoin Liquid Staking Platform STFIL Claims Team Members Under Investigation by Chinese Police
9.4.2024
Tokens on the platform were moved to an "unknown, external address" last week while its team members were under detention
SEC Commissioner Hester Peirce Calls Out SAB 121, Claims Agency is “Scaring People Off”
2.4.2024
SEC Commissioner Hester Peirce criticized her own agency and its controversial staff accounting bulletin, SAB 121, during Tuesday remarks at the Practicing Law Institute’s 2024 SEC Speaks event. Peirce's dissidence marks the latest dissatisfaction with the SEC's leadership, with the federal agency...
Bitcoin “Inflation Hedge” Argument Is a Fairy Tale Used By Speculators: Andrew Sorkin
2.4.2024
CNBC's Andrew Sorkin doesn't believe nearly as manner people use Bitcoin as an inflation hedge as its boosters claims.
The post Bitcoin “Inflation Hedge” Argument Is a Fairy Tale Used By Speculators: Andrew Sorkin appeared first on Cryptonews
Silver Left Behind as Gold Claims the Spotlight With Record Price Spike to $2,233 per Ounce
30.3.2024
This week, the value of gold soared to an unprecedented peak, hitting $2,233 per troy ounce as of March 29. In contrast, silver has not exhibited the same level of brilliance, with its value standing at $24.97 per troy ounce, a significant 91% decline from its all-time high of $47.91 on March...
Former FTX Executives and Promoters To Pay $1.35 Million in Lawsuit Settlement Deal
29.3.2024
Former executives and promoters of crypto exchange FTX have agreed to settle a class action following founder Sam Bankman-Fried's sentencing Thursday, court documents filed yesterday show. Former head of engineering for FTX, Nishad Singh, Alameda Research CEO, Caroline Ellison, chief technological...
Bitcoin Price Prediction as Bulls Reclaim $70,000 Level – Where’s the Next BTC Target?
29.3.2024
Amid a market cap surge to $1 trillion, Bitcoin claims $70,750, bolstered by U.S. ETF inflows and Kiyosaki's bullish $100,000 forecast.
The post Bitcoin Price Prediction as Bulls Reclaim $70,000 Level – Where’s the Next BTC Target? appeared first on Cryptonews
Avalanche claims that Web3 Gaming Sucks, but there’s more to it
26.3.2024
Avalanche had a bold tagline when it appeared at the Game Developers Conference. It specifically said, Web3 Gaming Sucks. While it sounds terrible to have such a tagline at the top of the counter, the move surprisingly did well for Ava Labs. It managed to catch the attention of those who were...
Senator Elizabeth Warren Criticizes Crypto, Claims It Threatens U.S. Security and “Helps Terrorists
25.3.2024
Senator Elizabeth Warren (D-MA) criticized North Korea’s crypto usage and the rise of crypto “pig butchering” scams at a Thursday hearing of the Senate of Armed Services, claiming that cryptocurrency as a whole poses “a threat to our national security.” Warren has long been openly anti-crypto...
FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
25.3.2024
Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has significantly appreciated, with buyers now prepared to offer...
FTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors
23.3.2024
John J. Ray III, the chief executive officer of FTX Trading Ltd., has issued a strong rebuttal against former CEO Sam Bankman-Fried’s assertions regarding the company’s financial state and the impact on its creditors. FTX Chief Restructuring Officer and CEO Debunks Bankman-Fried’s FTX Solvency...
Long-Term Bitcoin Holders Are Beginning To Sell, “Bull Market Has Definitely Begun” Pompliano Claims
18.3.2024
Investor and entrepreneur Anthony Pompliano claims Bitcoin's bull market has "definitely begun" as long-term holders of the token have begun to sell-off the cryptocurrency.
The post Long-Term Bitcoin Holders Are Beginning To Sell, “Bull Market Has Definitely Begun” Pompliano Claims...
FTX Claims Holder Attestor Takes Creditor to Court Over Alleged 'Seller’s Remorse'
18.3.2024
London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims skyrocketed
Crypto Drama: Remilia Founder Claims Hacking Amid Ether and NFT Transfers
18.3.2024
Remilia founder has ostensibly fallen victim to a hacking incident involving the unauthorized transfer of substantial amounts of Ether and non-fungible tokens (NFTs).
The post Crypto Drama: Remilia Founder Claims Hacking Amid Ether and NFT Transfers appeared first on Cryptonews
Unraveling the Mystery: Qatar’s Role in the $3.3 Billion Bitcoin Investment Rumors
15.3.2024
Rumors are spreading like wildfire across the crypto grapevine that the state of Qatar could be making a huge, possibly multibillion-dollar huge, Bitcoin (BTC) bet soon. At least one article claims the Middle Eastern nation may have already made the leap and purchased 50,000 BTC in a series...
Breaking: Court Verdict Shatters Craig Wright’s Claims – Not Bitcoin’s Creator, Satoshi Nakamoto
14.3.2024
UK Judge James Mellor has rejected Craig Wright's claims of being Satoshi Nakamoto, the elusive creator of Bitcoin, in a recent verdict.
The post Breaking: Court Verdict Shatters Craig Wright’s Claims – Not Bitcoin’s Creator, Satoshi Nakamoto appeared first on Cryptonews
COPA Aims to Dismiss Craig Wright’s Satoshi Claim in Landmark Trial
13.3.2024
The Crypto Open Patent Alliance (COPA) feels like it’s on the verge of winning its landmark case against Australian computer scientist Craig Wright, a man who claims to be the inventor of Bitcoin. The UK trial moved onto the final round yesterday. Now the parties are delivering their closing...
Craig Wright ‘Committed Perjury’ in U.K. Trial Over Satoshi Claims, COPA Says
12.3.2024
The Crypto Open Patent Alliance said it will ask U.K. prosecutors to consider pursuing Wright for “perjury” over his defense of forgery allegations