Saturday, December 9, 2023
The successful resolution of Genesis’ bankruptcy has broader implications for the cryptocurrency industry. An organized liquidation that results in reasonable recoveries from creditors could help restore some of the lost confidence. Cryptocurrency lender...
FTX debtors have resolved claims that clients have made that their assets are property and should be given preference over unsecured creditors. The court's approval would make creditors of FTX.com and FTX US eligible for 90%...
Another witness who testified against Sam Bankman-Fried was Nishad Singh. He recounted his panicky encounters with the boss. Testimony continues this week in Manhattan court in the case of former FTX CEO Sam...
Tether reveals it blocked 32 wallet addresses linked to terrorist groups in Israel and Ukraine. To date, the USDT issuer has frozen more than $800 million worldwide. Binance collaborated with Israeli authorities to freeze accounts linked...
According to the World Economic Forum, by 2028, only 9% of all transactions will be made with physical money. Since 2017, the use of cash has decreased by approximately 15% each year, mostly due to sociological...
Money transfer firm MoneyGram announced the launch of a non-custodial crypto wallet for cross-border remittances. The money transfer firm, MoneyGram, announced the launch of its own crypto wallet to improve its business efficiency....
Former wealthy cryptocurrency donor FTX had donated several million dollars to the prestigious Stanford University. Asked by the bankrupt stock exchange's lawyers, Stanford announces that it will reimburse. Lawyers for FTX debtors are...
Musk will reportedly build a stock and cryptocurrency trading platform within its walls. Elon Musk, the South African billionaire behind successful companies like Tesla and SpaceX, has big plans for Twitter, which he...
Gemini has filed an explosive legal claim against Digital Currency Group (DCG) and its CEO, Barry Silbert. The Winklevoss twins exchange accuses DCG and Silbert of fraud and deceit, as well as of misleading creditors. Cameron...
To buy Coca Cola using bitcoins, customers must scan a QR code through the Sylo Smart Wallet. A total of 2,000 Coca Cola vending machines accept bitcoin as a payment method in Australia and New...