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FTX plan promises 118% cash payout to nearly all creditors


FTX, the collapsed virtual currency exchange platform, promises to repay 98% of its creditors, with the amount owed improved by 118% within two months after getting the nod from the court. During the meeting on Tuesday, a revised plan was presented, which raises the prospects of financial recovery...

FTX Creditors Set for Cash Windfall Beyond 100% of Claims


A new reorganization plan filed Tuesday night proposes that nearly all FTX account holders will be repaid in full for their claims. They may even receive additional cash on top of that amount. The post FTX Creditors Set for Cash Windfall Beyond 100% of Claims appeared first on Cryptonews

Fans Are Getting A New Batman: Arkham Game After All, But It's In VR


Batman: Arkham Shadow is a new entry in the beloved comic book metroidvania beat ‘em up series, though it’s not what many players were probably hoping for. It’s being made in VR and will be exclusive to the Meta Quest 3 headset. It’s scheduled to release in late 2024. Read more

Web3 in the Middle East: Do All Roads Lead to Riyadh?


With a young population, enormous government funding and the hope of favorable regulation, expectations are high that Saudi Arabia will become a hub for crypto in the Middle East. But will the hype match reality?

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