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FTX creditors object to bankruptcy reorganization plan
7.6.2024
The group of creditors, led by Sunil Kavuri, cited several concerns, including forced taxation, which would compromise creditors’ best interests
FTX Reaches Settlement With IRS on $24 Billion Tax Claim
4.6.2024
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...
Wisconsin Pension Plan Likely to Invest Much More in Bitcoin ETF, Marquette Professor Says
3.6.2024
The first quarter addition of two spot bitcoin exchange-traded funds (ETFs) to the portfolio of Wisconsin's pension plan was likely just the beginning for that U.S. state’s investments into crypto, said David Krause, a professor of finance at Milwaukee-based Marquette University
Iggy Azalea’s anti-scam plan and crypto losses from hacks decline by 12%: Finance Redefined
31.5.2024
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins
Alex Labs rolls out post-exploit recovery plan
30.5.2024
Alex Labs has revealed a recovery roadmap and enhanced security measures post-exploit aimed at rebuilding community trust and resuming operations
Iggy Azalea's anti-scam plan: Burn her own coins
30.5.2024
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins, showing her commitment to building trust and integrity within the cryptocurrency community
Genesis Returns $2.2B in Crypto Assets to Lending Program Participants
30.5.2024
Defunct crypto lender Genesis distributed $2.18b worth of crypto to 232,000 users enrolled in Gemini Earn, an interest-accruing lending program. The distribution followed a New York bankruptcy judge approving the Chapter 11 plan last week.
The post Genesis Returns $2.2B in Crypto Assets to Lending...
El Salvador’s Bitcoin and AI Adoption Plans Could 10x GDP by 2029
29.5.2024
ARK Invest CEO Cathie Wood believes El Salvador’s Bitcoin and AI adoption plan could see its GDP tenfold in the next 5 years.
The post El Salvador’s Bitcoin and AI Adoption Plans Could 10x GDP by 2029 appeared first on Cryptonews
Ethereum Core Developers Plan to Launch Pectra Upgrade by Q1 2025
27.5.2024
Ethereum's highly anticipated Pectra upgrade will be released by the end of Q1 2025, following the successful deployment of the Dencun upgrade in March 2024.
The post Ethereum Core Developers Plan to Launch Pectra Upgrade by Q1 2025 appeared first on Cryptonews
Microsoft kašle na klima a svůj zelený plán, radši bude vydělávat na AI
23.5.2024
Uhlíkové emise Microsoftu vzrostly o 29 % ve srovnání s rokem 2020 •Za nárůst může především stavba datacenter a výroba hardwaru
•Jsou potřeba pro rozvoj AI, v němž firma nehodlá polevit
The Studio Behind 2024's Biggest Hit Doesn't Plan On Selling Out Anytime Soon
22.5.2024
When 2024 started, Helldivers 2 was barely a blip on most people’s game release radars. It quickly became the biggest hit of the year so far, turning into both a sales juggernaut and a cultural phenomenon. And in an era of hyper consolidation, it made Arrowhead Studios an obvious target...
Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End
21.5.2024
Brazil's central bank unveiled a multi-phase plan to regulate crypto and virtual asset service providers on Monday. It aims to finalize the regulatory proposals by the end of this year.
The post Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End appeared first...
Genesis Set to Return $3B Customer Assets in Finalized Bankruptcy Liquidation Plan
20.5.2024
Bankruptcy claims began trading at 35% of account balance value when they were initially listed on claim trading marketplace Xclaim
Failed Crypto Lender Genesis to Disburse $3B to Creditors in Bankruptcy Case
20.5.2024
Judge Sean Lane greenlit Genesis Global's Chapter 11 plan on Friday, allowing the defunct crypto lender to repay creditors roughly $3b in crypto and cash.
The post Failed Crypto Lender Genesis to Disburse $3B to Creditors in Bankruptcy Case appeared first on Cryptonews
Makerdao Reveals Ambitious Endgame Plans With 2 New Stablecoins
19.5.2024
Makerdao, a leading decentralized finance (defi) protocol, has revealed new concepts to its Endgame plan, introducing two new stablecoins: newstable and puredai. This strategic initiative aims to replace the existing DAI stablecoin and bolster the Makerdao ecosystem. Maker’s Endgame Plan...
Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers
18.5.2024
Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection from its equity owner, Digital Currency Group...
Genesis Global secures court approval for $3B payout
18.5.2024
According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake
US Senators Propose $32 Billion Investment Plan to Boost AI and Tech Growth
16.5.2024
Four senators from different political parties are calling on Congress to act decisively and boldly on May 15 in order to ensure American leadership in the field of artificial intelligence (AI).
The post US Senators Propose $32 Billion Investment Plan to Boost AI and Tech Growth appeared first...
Boosting AI: Senators propose $32B investment plan for US tech growth
16.5.2024
After months of meetings with industry experts and AI critics, four U.S. senators published what they say is a comprehensive roadmap for maintaining U.S. leadership in AI development
Swiss leaders plan to enforce global crypto reporting framework
16.5.2024
Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework (CARF) to improve transparency