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Former FTX CEO Sam Bankman-Fried and Debtors Reach Settlement in Embed Proceeding
26.12.2023
Image by Александр Поташев, Adobe Stock The bankrupt crypto exchange FTX and its debtors have reached a settlement agreement with founder Samuel Bankman-Fried and others to address certain claims related to the acquisition of the stock trading platform Embed. In a December 22 filing with the United...
FTX Files Reorganization Plan to End Bankruptcy
18.12.2023
Asset values for creditor claims will be calculated at prices on the day FTX filed for bankruptcy in November 2022, the plan says
FTX’s Revised Reorganization Plan Addresses Cryptocurrency Claims Valuation
17.12.2023
Source: Adobe / Ascannio The debtors of now-defunct cryptocurrency exchange FTX have submitted an amended Chapter 11 plan of reorganization, suggesting that customer asset claims should be valued retroactively to the date of the exchange’s collapse in November last year. In a recent...
Iris Energy to Ramp Up Capacity in 2024 Following $22M Spend on Bitmain Rigs
16.12.2023
Source: AdobeStock / Photocreo Bednarek Renewable Bitcoin mining company Iris Energy has revealed the acquisition of 1.6 EH/s of Bitmain T21 miners, increasing its self-mining capacity to 10 EH/s. In a press release on December 15, the company disclosed plans to acquire 8,380 new-generation...
Court Approves FTX Estate’s Sale of $870M in Grayscale and Bitwise Shares Amid Surging Claim Transfers
30.11.2023
The Delaware District’s U.S. Bankruptcy Court has greenlit the FTX estate’s disposal of trust assets. This sanction, issued on November 29, 2023, paves the way for the beleaguered crypto exchange to offload investments in several funds, including Grayscale and Bitwise stakes....
Blackrock Officially Submits Ethereum ETF Proposal to US Securities Regulator
16.11.2023
Blackrock, the world’s largest asset manager, has taken a significant step by officially filing its Ethereum Trust S-1 form with the U.S. Securities and Exchange Commission (SEC). This move is to introduce a spot ethereum exchange-traded fund (ETF) on Nasdaq. This development comes on...
XRP Price Prediction as Delaware refers Fake BlackRock XRP Trust Filing to Department of Justice – Will XRP Crash Soon?
15.11.2023
The XRP price has dipped by 1.5% in the past 24 hours, although the altcoin has regained 1% in the past hour, as it looks to recover from the market impact of the recent fake XRP trust filing. At $0.638708, XRP has also fallen by 8% in the past week, a loss which reduces its […]
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Delaware State DOJ Might Investigate the BlackRock Hoax XRP ETF Filing
15.11.2023
Source: Pixabay Delaware authorities have referred the false Blackrock Ripple (XRP) exchange-traded fund (ETF) case to the State’s Department of Justice (DOJ). A fake XRP ETF was submitted Monday under the name of a BlackRock managing director, appearing on the corporation’s website. Dubbed...
Delaware authorities refer fake BlackRock XRP trust filing to state's Justice Department
14.11.2023
State authorities may be investigating the fake registration for a BlackRock “iShares XRP Trust” following a referral from Delaware's Division of Corporations
Fake BlackRock XRP Filing Referred to Delaware Department of Justice
14.11.2023
Delaware's Department of Justice may be investigating the fake filing made for an apparent XRP exchange-traded fund
Delaware, We Need to Talk
14.11.2023
Some sectors of the crypto industry were excited (and/or confused) by an apparent BlackRock XRP Trust filing in the state of Delaware, suggesting the massive asset manager may try to launch an XRP exchange-traded fund (ETF) after applying to launch bitcoin and ether ETFs. But, this filing...
XRP Price Briefly Rallies After Fake BlackRock ETF Filing
14.11.2023
Source: Adobe XRP price witnessed a brief surge in its price following a fake business registration for a BlackRock XRP trust. The deceptive filing, still accessible on Delaware’s Division of Corporations website, mimics legitimate registrations made by the renowned asset management giant....
XRP jumps then dumps on faked BlackRock XRP trust filing
13.11.2023
XRP’s price surge was short-lived and has almost returned to its original price
Blackrock Files to Launch Ethereum Trust ETF on Nasdaq, Eyes Spot Crypto Market Entry
10.11.2023
In a significant development for cryptocurrency investment vehicles, Blackrock Inc., through its subsidiary Ishares Delaware Trust Sponsor LLC, has filed a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to list shares of the Ishares Ethereum Trust on the Nasdaq. Blackrock Dives...
Ethereum price hits 6-month high amid BlackRock spot ETF buzz, but where’s the retail demand?
10.11.2023
ETH price finally polevaulted the $2,000 resistance, but will retail demand and network use support the current bullish momentum?
Blackrock Registers Ishares Ethereum Trust With Delaware’s Division of Corporations
9.11.2023
Blackrock may be taking steps toward obtaining approval from the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF) in the near future. This comes on the heels of the company’s application for an Ishares Ethereum Trust with the Delaware Division...
BlackRock iShares Ethereum Trust registered in Delaware
9.11.2023
The new corporate entity could signal an upcoming SEC filing
ETH Soars Above $2K as BlackRock iShares Ethereum Trust Registered as Corporate Entity in Delaware
9.11.2023
BlackRock declined to comment on the filing
Breaking: BlackRock Registers iShares Ethereum Trust in Delaware – Is a Spot ETH ETF Coming?
9.11.2023
Ethereum Logo Shooting Higher on a Rocket / Source: Adobe The price of Ether (ETH), the cryptocurrency that powers the Ethereum blockchain, is shooting higher on Thursday in wake of the news that US asset management giant BlackRock just registered the iShares Ethereum Trust in Delaware. BlackRock...
FTX Seeks Bankruptcy Court Approval to Sell $744 Million Worth of Trust Assets, Including Grayscale and Bitwise Funds
6.11.2023
Bankrupt cryptocurrency exchange FTX and its debtors have sought approval from the bankruptcy court of Delaware to sell select trust assets, including funds from Grayscale and Bitwise, with an estimated value of $744 million. The proposed sale would be facilitated through an investment...