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FTX Creditors to Receive Over $5B in Second Payout Starting May 30


The FTX Recovery Trust explained on Thursday that it will distribute more than $5 billion to creditors starting May 30, 2025, as part of its court-approved Chapter 11 bankruptcy reorganization plan. Distribution Date Set for FTX’s $5B Creditor Repayment The distribution, the second under FTX’s...

Judge Denies Ripple–SEC Motion Over XRP, Leaving Case in Legal Limbo


A federal judge has blocked the SEC and Ripple’s joint settlement agreement in the case over XRP, escalating the legal drama and rattling momentum across the crypto landscape. Ripple-SEC Settlement Blocked as Court Denies Motion to Alter Final Judgment Judge Analisa Torres of the U.S. District...

Crypto for Advisors: Stablecoins Explained


Stablecoins — a tokenized representation of money on-chain that’s taking over traditional financial rails and underpinning crypto trades. Read about where they started and where they are going

Is the XRP price rally over for now?


Key takeaways:XRP forms a double top and rising wedge, signaling short-term downside risk toward $1.94.NUPL indicates traders are in denial, resembling past pre-crash phases.Long-term charts still point to bullish targets between $3.69 and $17.XRP (XRP) has rebounded by more than 50% over a month...

Coinbase’s x402: Crypto payments over HTTP for AI and APIs


What is HTTP 402, and why does it matter? The web was not really built with payments in mind, especially not for autonomous agents or machines. But with the rise of AI and decentralized finance (DeFi), the need for seamless, native digital payments has never...

SEC Begins Proceedings on Blackrock Bitcoin ETF Over In-Kind Creation Model


The SEC has launched proceedings to assess Nasdaq’s proposed rule change that would allow in-kind creations and redemptions for Blackrock’s Bitcoin ETF. SEC Reviews Nasdaq’s In-Kind Rule Change for Blackrock Bitcoin ETF The U.S. Securities and Exchange Commission (SEC) issued an order on May 13...

Alarm bells ring in US over OpenAI’s crypto project World


World Network, the digital identity and crypto project of Sam Altman’s OpenAI, has alarmed privacy activists ahead of its United States launch, with observers concerned over its data collection and protection practices.World “is the opposite of privacy. It’s a trap,” said...

Alarm bells ring in US over OpenAI’s crypto project World


World Network, the digital identity and crypto project of Sam Altman’s OpenAI, has alarmed privacy activists ahead of its United States launch, with observers concerned over its data collection and protection practices.World “is the opposite of privacy. It’s a trap,” said...

Ex-Cred execs plead guilty to wire fraud over $150M crypto collapse


Two former executives of the bankrupt crypto lending service Cred have pleaded guilty to wire fraud connected to the company’s collapse.Former Cred CEO Daniel Schatt and chief financial officer Joseph Podulka admitted to wire fraud as part of a plea deal with prosecutors, according to a...

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