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FTX Estate to Begin Repaying Main Creditors $11.4B in Cash by May 2025


The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion liquidity pool amassed since its 2022 downfall, Bloomberg revealed this week. Bankrupt FTX Creditors to Receive Payouts Having sought Chapter 11 protection...

Ripple Expands Africa Footprint With Chipper Cash Partnership


Ripple has partnered with Nigerian fintech startup Chipper Cash to facilitate cross-border payments into Africa using Ripple Payments. Crypto Payments Key to Low Cross-Border Fees U.S.-based digital asset infrastructure provider Ripple has partnered with Nigerian fintech startup Chipper Cash...

Ripple, Chipper Cash partner for faster and cheaper African remittances


Ripple has partnered with African payment infrastructure provider Chipper Cash to support crypto-enabled cross-border payments.According to a March 27 announcement, Chipper Cash will use Ripple Payments for its cross-border transactions as part of the deal. The companies said the partnership...

Robinhood offers to Uber cash to customers and have AI give trading advice


Trading platform Robinhood Markets plans to offer a service that delivers cash to its customers alongside an artificial intelligence research assistant that offers trading advice.The company said in a March 27 blog post that its online banking arm, Robinhood Banking, will offer savings accounts...

Crypto urges Congress to change DOJ rule used against Tornado Cash devs


A coalition of crypto firms has urged Congress to press the Department of Justice to amend an “unprecedented and overly expansive” interpretation of laws that were used to charge the developers of the crypto mixer Tornado Cash.A March 26 letter signed by 34 crypto companies and advocate...

Corbin Fraser Sets Record Straight on Bitcoin Cash’s Origin


Bitcoin.com CEO Corbin Fraser revisits Bitcoin Cash’s origin story, the divisions that followed, and how that led him and many others to EVM and DeFi. Big Blocks, Forks, and Internal Drama: The Origin Story of Bitcoin Cash Corbin Fraser, CEO of Bitcoin.com, recently addressed a common misconception...

US Treasury argues no need for final court judgment in Tornado Cash case


The US Treasury Department says there is no need for a final court judgment in a lawsuit over its sanctioning of Tornado Cash after dropping the crypto mixer from the sanctions list.In August 2022, Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash after alleging...

US Treasury argues no need for final court judgment in Tornado Cash case


The US Treasury Department says there is no need for a final court judgment in a lawsuit over its sanctioning of Tornado Cash after dropping the crypto mixer from the sanctions list.In August 2022, Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash after alleging...

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