Mt. Gox moves 2,500 Bitcoin as price approaches $89,000

The ongoing Mt. Gox Bitcoin transfers highlight potential market volatility and uncertainty as creditors await full compensation. The post Mt. Gox moves 2,500 Bitcoin as price approaches $89,000 appeared first on Crypto Briefing. дальше »

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Bitget Token Tumbles 52% on 'Market Sluggishness,' Exchange Says, While Promising Compensation

Crypto exchange Bitget promised to compensate holders of its native Bitget Token (BGB) for losses suffered during a slump of as much as 52% on Monday. дальше »

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BitGet suggests ‘sluggish market,’ Asian holidays caused BGB 56% drop, promises compensation for loses

Bitget exchange’s native BGB token plunged from $1. 15 to $0. 5344 on Oct. 7 before partially recovering, causing concern among traders. The sudden volatility lasted about ten minutes, prompting Bitget to announce a compensation plan for affected users. дальше »

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Bitget pledges compensation for BGB holders following 50% price drop

Bitget has pledged to fully compensate users for losses after its native token BGB briefly crashed by 50%. Crypto exchange Bitget announced plans to fully compensate users impacted by a sudden 50% price drop in its native token, Bitget Token… дальше »

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FTX сreditors reveal compensation details: What’s wrong with it?

Users were confused by the news that FTX clients would receive between 10% and 25% of the value of the deposited crypto assets. Why did this happen? Sunil Kavuri, one of the creditors, recently said several other changes are also… дальше »

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US, Canadian investors to get full compensation in GSB Group settlement

The German group is accused of running a multilevel marketing scheme that took in hundreds of millions of dollars in supposed crypto and metaverse investments. дальше »

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Proof of Workforce and Careers In Government Partner to Integrate Bitcoin into Public Sector Jobs

Proof of Workforce Foundation and Careers In Government have teamed up to integrate Bitcoin into public sector employment practices, revolutionizing compensation and financial literacy. дальше »

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XRP Ledger Developer Levels Grave Charges Against Ripple

XRP Ledger developer Marvin Sunday, alias @MarvinSunday4 on X, is leveling serious accusations against RippleX and Ripple for allegedly failing to provide financial compensation due to participants of the XRPL Ambassadorship program, which officially concluded on December 20, 2023. дальше »

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Women in Crypto Earn More Than Men

Pantera Capital’s compensation survey finds that, based on median base salaries, women earn 15% more than men. One possible explanation: they often have more experience than their male counterparts. дальше »

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Fantom secures $2.18m in compensation from Multichain Foundation

A Singaporean high court has ruled that the cross-chain router protocol Multichain Foundation owes compensation to the Fantom Foundation, a layer-1 platform, for losses incurred in a 2023 hack. The ruling from Judicial Commissioner Mohamed Faizal makes way for the… дальше »

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Mt. Gox announced the start of payments. What awaits the crypto market?

The trustee of the Mt.Gox exchange, which went bankrupt in 2014, announced plans to begin paying compensation in Bitcoin, Bitcoin Cash, and cash in early July. The decision was made after the preparatory process, including providing technical support, complying with… дальше »

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FTX Seeks Customer Consensus: Multi-Billion Dollar Compensation Plan Goes To Vote

FTX, the failed crypto exchange, will seek customer approval for its Chapter 11 plan to compensate victims and resolve government penalties stemming from the platform’s fraudulent collapse in November 2022. дальше »

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DMM Bitcoin announces compensation strategy for hack victims

DMM Bitcoin to use loans and capital raise to repay customers after $305M in bitcoin was stolen in a recent security breach. The post DMM Bitcoin announces compensation strategy for hack victims appeared first on Crypto Briefing. дальше »

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Bybit restructures executive team following $26M airdrop fiasco

Bybit confirmed internal role changes for several executives following a botched airdrop that affected 320,000 users and led to a $26 million compensation payout. дальше »

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Bybit Confirms Executive Shake Up After Notcoin Deposit Delays

Cryptocurrency exchange Bybit has confirmed reports that several executives have "changed roles" after a botched notcoin (NOT) launch resulted in $23 million in compensation being sent to 320,000 users. дальше »

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Asia Cryptocurrency Commission enables secure trading relationships

The Asia Cryptocurrency Commission (ACC) fosters secure and transparent relationships between brokers and investors through certification, dispute resolution, and compensation services. #sponsored дальше »

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FTX Announces Full Customer Reimbursements, But The Real Winners May Surprise You

In a surprising turn of events, bankrupt cryptocurrency exchange FTX recently announced a new repayment plan to reimburse creditors and customers in full. The plan also includes a substantial compensation offer to account for the time value of their investments. дальше »

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FTX creditors seek repayments at current market rates

FTX's new compensation plan faces opposition as creditors demand repayments based on current asset values, not bankruptcy figures. The post FTX creditors seek repayments at current market rates appeared first on Crypto Briefing. дальше »

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FTT Surges 50% On FTX Creditors’ Claims Settlement And Billions In Compensation: How High Can It Rise?

In a significant development, defunct cryptocurrency exchange FTX has unveiled a reorganization plan to reimburse almost all of its customers.   The announcement has sparked a substantial surge in the exchange’s native token, FTT, which recorded an uptrend of 52% over the past seven days, reaching a monthly high of $2. дальше »

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Bankrupt Crypto Exchange FTX Lines Up $16 Billion To Repay Creditors

Bankrupt cryptocurrency exchange, FTX has unveiled a new repayment plan aimed at reimbursing creditors and customers in full and offering billions in the form of compensation for the time value of their investment. дальше »

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FTX proposes ‘billions in compensation,’ but not everyone’s happy

FTX’s latest proposal could repay creditors as much as $16.3 billion, but some argue the plan still falls short of being fair.

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ParaSwap Hack Updates: DAO Approves Recovery Fund for Victims

ParaSwap DAO approves compensation for hack victims using treasury funds.

The post ParaSwap Hack Updates: DAO Approves Recovery Fund for Victims appeared first on BeInCrypto.

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Enforcing NFT Royalties: OpenSea’s Integration Of The ERC-721C Standard

Discover how the ERC-721C token standard solves the problem of creator compensation in the NFT market. Find out how it works on OpenSea. The post Enforcing NFT Royalties: OpenSea’s Integration Of The ERC-721C Standard appeared first on NFT News Today. дальше »

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Compensation in the crypto industry falls short in latest report

While cryptocurrencies are a burgeoning sector, with billions invested in thousands of coins, data is hard to come by for the crypto industry itself and the people who run it. For that reason, Dragonfly Capital, an investment firm dedicated solely to cryptocurrencies, have written the Dragonfly Crypto Compensation Report. Purpose of the report The report […] дальше »

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Terra Classic validator finalizes compensation package for Terraport hack victims

Terra Classic validator TerraCVita confirmed they have completed the compensation package for Terraport hack victims. The team plans to repay users who suffered from the April 2023 security hack, which led to losses amounting to $4 million. дальше »

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Binance Succumbs To Regulatory Scrutiny, Pulls Out Of Nigeria In Major Setback

Binance, the world’s largest cryptocurrency exchange, has suspended all Nigerian naira (NGN) services due to mounting regulatory scrutiny in the country.   The decision came as the Nigerian government accused Binance of manipulating foreign exchange rates and demanded significant compensation. дальше »

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SocialFi is the antidote to social media’s advertising problem | Opinion

The promise of decentralized social media is clear—more control for creators, better compensation models, and stronger digital communities. дальше »

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tea protocol launches 250k Grant for Open-Source Developers

San Juan, Puerto Rico, February 9th, 2024, Chainwire tea is shaking up the digital world by addressing the long-standing issue of inadequate compensation for open-source developers. Solving this issue is more urgent than ever, which is why we have decided to deploy $250K in grants ahead of the launch of the protocol. дальше »

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Tune.FM’s Web3 Music Ambitions Fueled by $20 Million LDA Capital Funding

Tune.FM announces a $20 million investment to revolutionize music streaming with its Web3 platform, offering artist compensation and new streaming models. The post Tune.FM’s Web3 Music Ambitions Fueled by $20 Million LDA Capital Funding appeared first on NFT News Today. дальше »

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Cross-chain protocol Orbit Chain attacked on New Year's Eve

Orbit Bridge saw losses worth $81.5 million in stablecoins and cryptos. Orbit Chain team announced compensation for users. The New Year's Eve doled tears rather than cheers to the users of tThe post Cross-chain protocol Orbit Chain attacked on New Year's Eve appeared first on AMBCrypto. дальше »

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XRP Price Eyes $12.6 Million Dump Amid Mt. Gox Drama

As 20 million XRP tokens, valued at $12.6 million, are transferred to major exchange, mysterious sender's activity coincides with Mt. Gox compensation news дальше »

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Supporting the Creator Economy: The Sandbox’s Move for NFT Royalties

Discover The Sandbox's innovative NFT royalties system that empowers creators with passive income and fair compensation for their digital works. The post Supporting the Creator Economy: The Sandbox’s Move for NFT Royalties appeared first on NFT News Today. дальше »

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New UniBot contract exploited, UNIBOT token crashes

UniBot, a popular Telegram bot used for Uniswap trading, was exploited. UNIBOT token price plummets. User compensation has been promised. UniBot, a popular Telegram bot used for sniping trades on Uniswap, has fallen victim to a significant exploit, causing a sharp decline in the value of the UNIBOT token. дальше »

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Binance collaborates with Royal Thai Police to seize $277M from scammers

Over 3,000 victims of the alleged crypto scammers have come forward to the authorities to file for compensation claims.

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Crypto Payments Not A Preferred Choice, According To This Survey

Crypto compensation in the digital asset industry is undergoing a major transformation, as revealed by a comprehensive survey conducted by crypto fund Pantera Capital. The report paints a picture of a predominantly remote workforce, with a staggering 87% of digital asset professionals opting for remote roles. дальше »

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CoinEx Users to Be Fully Compensated After Hot Wallets Compromised

CoinEx exchange grapples with security breach, promising full compensation of affected users дальше »

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Logan Paul Faces Wrath of Community Over Unsettled $1,500,000 CryptoZoo Compensation

In a whirlwind of controversy, Logan Paul’s involvement with the crypto NFT project ‘CryptoZoo’ has been under intense scrutiny. Earlier this year, Paul announced a plan to compensate investors with a staggering $1. дальше »

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OpenSea Drops Royalty Fees, Yuga Labs Responds by Blocking Trades

OpenSea halts creator royalty fees, leading Yuga Labs to block newer NFT trades on the platform. The decision sparks debate on fair compensation in the NFT world. The post OpenSea Drops Royalty Fees, Yuga Labs Responds by Blocking Trades appeared first on NFT News Today. дальше »

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Your rights in the metaverse: The benefits and challenges of collaborating in the digital age

Collective creativity and shared ownership of content in the metaverse raise considerations regarding fair use, credit and compensation for creative contributions. дальше »

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Google and Universal Music Team up to Address AI Artist Compensation: Report

Google is reportedly teaming up with Universal Music Group to help artists earn money from content used in AI music. The post Google and Universal Music Team up to Address AI Artist Compensation: Report appeared first on BeInCrypto. дальше »

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Bankrupt Voyager Digital’s Creditors Racks Up $5.1M in Legal Fees

The creditors of the bankrupt crypto firm, Voyager Digital, face a $5.1 million bill. The New York law firm McDermott Will & Emery is seeking compensation for legal services provided... дальше »

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Voyager Creditors Billed $5.1M for March-May by Law Firm

Latest bill brings total compensation bills to $16.4 million for bankruptcy and restructuring firm. дальше »

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Hashflow promises total compensation to users amid $600k exploit

Crypto trading platform Hashflow has announced its commitment to reimbursing users impacted by an exploit that led to the loss of more than $600,000 in digital assets from the platform. дальше »

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Temasek Executives behind FTX Stake See Compensation Reduced

Coinspeaker Temasek Executives behind FTX Stake See Compensation Reduced According to Temasek, despite the absence of any misconduct, both its senior management team and investment body assumed collective accountability and accepted a reduction in their compensation. дальше »

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Temasek reduces compensation for staff responsible for botched FTX investment

Singapore-based investment firm, Temasek Holdings, has cut down the compensation of its executives responsible for the failed investment in the now-bankrupt crypto exchange, FTX. Temasek disappointed in failed FTX investment  Lim Boon Heng, the chairman of Temasek Holdings, said the firm would… дальше »

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Temasek slashes compensation for execs responsible for its $275M FTX investment

While “no misconduct” was determined by Temasek’s internal review, staff involved with the FTX investment will see a dent in their pay package. дальше »

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EU Investment Firms Should Clearly State Crypto Is Unregulated, Watchdog Says

Companies that market crypto alongside traditional securities might mislead consumers about access to fair advice and compensation, the European Securities and Markets Authority worries. дальше »

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Core Scientific challenges Celsius Network’s $4.7m compensation claim

Core Scientific, a bankrupt Bitcoin miner, is protesting against the payment of $4.7 million in executive compensation filed by crypto lending platform Celsius Network. дальше »

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Genesis Lawyers to Answer $3.9 Billion FTX Clawback Amid DCG Default 

A recent FTX clawback demand has placed additional pressure on Genesis bankruptcy lawyers as other companies await a compensation plan . The post Genesis Lawyers to Answer $3.9 Billion FTX Clawback Amid DCG Default  appeared first on BeInCrypto. дальше »

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CertiK offers Merlin DEX rogue developers 20% white hat bounty

Smart contract auditor CertiK has offered Merlin DEX rogue developers a white hat bounty of 20%. According to an April 26 statement, the blockchain security firm was exploring a community compensation plan to cover the roughly $2 million stolen. дальше »

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