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FTX Reaches Settlement With IRS on $24 Billion Tax Claim


Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within 60 days after the company’s restructuring plan is approved. Additionally, the U.S. tax authority will receive a $685 million lower priority...

Hedgey Finance Suffers Dual Exploits, Losing $44.7 Million in Funds


Hedgey Finance exploits have rocked the DeFi platform, resulting in a $44.7 million loss. Hackers targeted the Token Claim Contract across Ethereum and Arbitrum networks, utilizing flash loans to drain funds. Explore the aftermath, ongoing investigations, and the platform's response to these...

Final Fantasy XIV Players Claim Xbox Is Banning Them For Recruiting Teammates


Final Fantasy XIV is on Xbox now, and the MMORPG’s transition to the system has been rough, to say the least. On top of adding a new currency and requiring users to subscribe to Xbox Game Pass to play, the community is reporting bans on an Xbox system level for using the game’s long-used vernacular...

COPA Aims to Dismiss Craig Wright’s Satoshi Claim in Landmark Trial


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...

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