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FTX Estate Proposes Recovery Plan With 90% Asset Return Expected 

19.10.2023
The now-defunct FTX crypto exchange announced a proposed settlement plan this week that aims to resolve disputes over customer assets lost when the company filed for bankruptcy in November 2022. FTX Debtors Chart Path to Redress: 90% Asset Recovery Proposed in Bankruptcy Plan The FTX debtors’...

Today in Crypto: Swiss Company Puts Excess Energy into Bitcoin Mining, Helix Reveals Pre-Launch Futures, TradFi Regulated Credit Union Unveils Crypto Portal, Wirex Introduces Dual-Mode Card

18.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Swiss Company Puts Excess Energy into Bitcoin Mining, Helix Reveals Pre-Launch Futures, TradFi Regulated...

FTC Warns Consumers Crypto Deposits Are Not FDIC Insured

17.10.2023
The U.S. Federal Trade Commission (FTC) has warned consumers that crypto deposits are not insured by the Federal Deposit Insurance Corporation (FDIC). “That money isn’t FDIC insured or protected if the crypto company goes under,” the agency cautioned. “If something happens,...

Evergrande’s Economic Tremors Trigger Bank Run in Northern China

17.10.2023
Several reports say that the major Chinese real estate developer Evergrande’s downfall triggered a bank run in northern China last week. The bank run began after rumors spread that the financial institution, Bank of Cangzhou, allegedly loaned billions to the struggling company. This...

Bethesda Exec Pete Hines Leaving Company After 24 Years

16.10.2023
Bethesda publishing head Pete Hines is retiring from the Starfield developer after 24 years, he announced on Twitter (or X) on October 16. Hines’ decision comes only a few days after Microsoft, which owns Bethesda Game Studios, was rubber-stamped to complete its $69 billion Activision Blizzard...

Pokémon Has A Reseller Problem, And It’s Only Getting Worse

16.10.2023
On September 28, the Van Gogh Museum in Amsterdam opened its doors with an exciting new display inside. That day, visitors would delight in new, featured artwork based on Vincent Van Gogh’s iconic paintings, but with a Pokémon twist. Or at least, that was the idea. However, rather than fans happily...

Ferrari Starts Accepting Crypto Payments for Luxury Sports Cars

15.10.2023
Ferrari has reportedly begun accepting payment in cryptocurrency. The Italian luxury sports car manufacturer cited requests from both the market and dealers as the primary motivation for this decision. “This will help us connect to people who are not necessarily our clients but might afford...

Blockfi CEO Blames FTX and Alameda Collapse for Firm’s Bankruptcy

14.10.2023
Blockfi CEO Zac Prince testified Friday that the downfall of FTX contributed to his company’s bankruptcy. Prince appeared as a government witness in the fraud trial of former FTX boss Sam Bankman-Fried (SBF). Blockfi’s Prince: Loans Wouldn’t Be Approved Knowing Alameda Used...

Fluent Finance Partners With UAE to Develop Deposit Token Tech

14.10.2023
Fluent Finance, a US-based startup that aims to bridge banking and Web3, has announced that it will partner with the Ministry of Economy of the United Arab Emirates (UAE) to develop deposit token-based tech. The company, which takes advantage of the Nextgen FDI growth program, will open operations...

CFTC Sues Former CEO of Crypto Lender Voyager for Fraud

14.10.2023
The U.S. Commodity Futures Trading Commission (CFTC) charged the former CEO of bankrupt cryptocurrency lender Voyager Digital with fraud. The regulator accused Stephen Ehrlich and the company of luring investors with promises of high-yield returns while breaking derivatives rules. Ehrlich was also...

The 9 Best Pokémon TCG YouTubers To Follow

13.10.2023
Anyone surprised by what manages to become popular on YouTube clearly hasn’t been paying attention. From magnet fishing for trash, to trampolining off high platforms, there’s a channel with over a million subscribers for everything. So it shouldn’t shock anyone that when it comes to watching other...

River Report: Bitcoin’s Lightning Network Grew by 1,212% in 2 Years

13.10.2023
A recent report published by River, a Bitcoin technology and financial services company, has revealed that the Lightning Network, a scaling layer for Bitcoin, has grown by 1,212% in two years. River’s estimation comes from examining operators of nodes comprising 52% of the public capacity...

Brazil Committee Recommends Indicting Binance Officials, CZ

12.10.2023
A congressional committee in Brazil has concluded that four Binance officials, among them company CEO Changpeng Zhao (CZ), should be indicted. The suggestion follows a probe targeting crypto platforms suspected of operating pyramid schemes and can potentially affect the global crypto company’s...

Hardware Wallet Firm Trezor Rolls Out New Safe 3 Model, Metal Seed Backup 

12.10.2023
Trezor, a leading hardware wallet manufacturing company, unveiled three new products on Thursday aimed at both novice and experienced cryptocurrency users who want to securely self-custody their digital assets. The Prague-based firm launched the Trezor Safe 3, the firm’s latest generation hardware...

Detective Pikachu Returns: The Kotaku Review

10.10.2023
Detective Pikachu Returns, the new Switch adventure from Nintendo, is not great at a lot of things. It’s incredibly simple for an adventure game, only looks about as good as the original 3DS game did seven years ago, and even when it has its own take on things, a lot of its big twists have been...

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