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Crypto exchange FTX can now sell its $3.4 billion crypto holdings
The US court approved FTX's plan to sell its crypto holdings The exchange has $1. 6 billion worth of SOL and $560 million worth of BTC Defunct crypto exchange - FTX - plans to sell crypto holThe post Crypto exchange FTX can now sell its $3. дальше »
2023-9-14 00:00 | |
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DCG And Gemini Ink A Plan: Users To Receive All Their Crypto?
Per a report from TheBlock, Digital Currency Group (DCG) reached an agreement with crypto exchange Gemini. The two parties have been negotiating for months after the collapse of crypto lender Genesis, a DCG subsidiary, and the Gemini Earn program. дальше »
2023-9-14 21:00 | |
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Digital Currency Group’s recovery plan claims to fully compensate Gemini Earn users
It has been proposed that Gemini Earn users might recover up to 110% of their claims against the now-bankrupt cryptocurrency lender, Genesis, according to a newly proposed creditor agreement plan filed by Digital Currency Group (DCG) on Sept. дальше »
2023-9-13 18:40 | |
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Beleaguered Gemini Earn Customers Will Be Made ‘Nearly Whole,’ DCG and Genesis Say About Remuneration Plan
A filing on Tuesday states that if the assorted creditor groups vote through the proposed deal, then “Gemini Earn users are estimated to recover approximately 95-110% of their claims.” дальше »
2023-9-13 15:07 | |
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Bankrupt FTX reveals $100M weekly crypto liquidation plan in court filing
FTX submitted a revised order to the bankruptcy court early on Sept. 13 outlining proposed guidelines for selling and transferring its substantial digital asset holdings as part of its ongoing Chapter 11 proceedings. дальше »
2023-9-13 10:39 | |
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Maker’s Endgame Set to Revolutionize DeFi Protocols
With DeFi facing existential threats, the protocols are fighting back. MakerDAO has a plan to keep DeFi permissionless; the first phase of “Endgame” begins in early 2024. дальше »
2023-9-13 08:00 | |
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FTX court filing reveals $7B in assets as firm aims to complete bankruptcy process by second quarter 2024
FTX is eyeing the completion of its bankruptcy process for the second quarter of next year, according to its Sept. 11 court filings. As per the filing, the firm is currently involved with ongoing negotiations and mediation with stakeholders over the coming months to resolve open plan issues involving its bankruptcy plans. дальше »
2023-9-11 19:50 | |
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Maple Finance Nearly Imploded, but Sid Powell Wants to Bring Back Its Billion Dollar-Plus Glory
Last year’s crypto crash wiped out Maple Finance’s TVL as borrowers crumbled and lenders fled. In an interview with CoinDesk, the protocol’s co-founder and CEO lays out his plan for growth in an era of heightened risk management. дальше »
2023-9-12 17:07 | |
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Why the crypto market should brace for another downward pressure
FTX's plan was subject to court approval which might happen on 13 September. SOL could be one of the biggest victims in the event of a sell-off. The crypto market has been abuzz with optimisThe post Why the crypto market should brace for another downward pressure appeared first on AMBCrypto. дальше »
2023-9-11 00:30 | |
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MakerDAO Explores Tokenized T-Bills With $100 Million Allocation Plan
Steakhouse, a decentralized autonomous organization (DAO)-focused financial advisory firm, in collaboration with Phoenix Labs, a research and development company, has put forth a proposal urging the MakerDAO community to consider allocating up to $100 million from its reserves for investment in tokenized US Treasury Bill (T-Bill) products. дальше »
2023-9-9 02:00 | |
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Circle rolls out USDC stablecoin on Base and OP Mainnet
The Boston-based stablecoin issuer previously unveiled a plan to roll out USDC on six blockchain networks, including Polygon PoS. Users of Base, a Coinbase-incubated decentralized network, can now access native USDC and USDC liquidity on the layer-2 blockchain. This means… дальше »
2023-9-6 19:58 | |
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Solana's role in MakerDAO's NewChain sparks controversy
Solana is being considered as MakerDAO's Endgame plan nears completion SOL has trended positively for three consecutive days Solana was chosen by MakerDAO as the preferred blockchain for theThe post Solana's role in MakerDAO's NewChain sparks controversy appeared first on AMBCrypto. дальше »
2023-9-5 03:30 | |
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The UK releases key ambitions for global AI summit
The officials in the U.K. released their priorities for the upcoming global AI summit, during which they plan to focus on risk and policy. дальше »
2023-9-5 16:36 | |
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London Stock Exchange to pioneer blockchain-based trading venue for traditional assets
The London Stock Exchange (LSE) Group is developing a blockchain-based trading venue for traditional financial assets, the Financial Times reported on Sept. 4. LSE’s head of capital markets, Murray Roos, revealed that the company decided to move forward with its plan after a year of diligent exploration and has appointed Julia Hoggett to lead the […] The post London Stock Exchange to pioneer blockchain-based trading venue for traditional assets appeared first on CryptoSlate. дальше »
2023-9-4 14:00 | |
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What X’s (Twitter) Daring Expansion Could Mean For Dogecoin
Elon Musk’s X (formerly Twitter) has been going through an interesting phase since the billionaire took over and crypto enthusiasts can’t help but hope that Dogecoin is in the grand plan of things. This is because the social media platform has undergone some daring changes so far, so speculations that Dogecoin could fit into all […] дальше »
2023-9-2 02:00 | |
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Ripple (XRP) Comeback Plan: Bulls Aim for 85% Price Rise on This Resistance Break
The XRP price trend will be considered bearish if a weekly close below $0.55 occurs. The post Ripple (XRP) Comeback Plan: Bulls Aim for 85% Price Rise on This Resistance Break appeared first on BeInCrypto. дальше »
2023-9-2 19:00 | |
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Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’
Crypto exchange Gemini rejected the proposed settlement deal between bankrupt crypto platform FTX and Genesis, according to an Aug. 31 court filing. Gemini posited that the proposed settlement between the failed firms is an attempt to manipulate the voting process for the bankruptcy plan, further describing it as a “sweetheart pre-plan deal” designed to benefit […] The post Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’ appeared first on CryptoSlate. дальше »
2023-9-1 14:01 | |
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Gemini filed an opposition to Genesis’s bankruptcy plan
Gemini, a crypto exchange led by the Winklevoss twins, opposed the bankruptcy plan by Genesis and Digital Currency Group (DCG). Gemini‘s lawyers explained that the bankruptcy plan lacks enough details and guarantees for some of the largest debtors. The Gemini’s filing stated… дальше »
2023-8-31 16:31 | |
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Bitcoin Mining Firm’s Tire Burning Plan Gets Flak From Environmental Groups
A Bitcoin mining company has come under fire for seeking approval to utilize tire-derived fuel to power its crypto mining operations in Nesquehoning, Pennsylvania. The contentious decision has set environmental advocacy groups and the company on opposing fronts, highlighting the ongoing tension between technological advancements and sustainability efforts. дальше »
2023-8-31 13:30 | |
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Gemini Raises Concerns About Genesis Bankruptcy Plan
Gemini has disputed Digital Currency Group's proposed bankruptcy plan for crypto lender Genesis, claiming it lacks clarity, crucial information, and creditor support. The post Gemini Raises Concerns About Genesis Bankruptcy Plan appeared first on BeInCrypto. дальше »
2023-8-31 11:02 | |
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Gemini Opposes Genesis Bankruptcy Plan: 'Woefully Light on Specifics'
Attorneys for crypto exchange Gemini argued that a proposed resolution for Genesis' bankruptcy doesn't have enough detail or provide any assurances for some if its largest debtors in a new filing Wednesday. дальше »
2023-8-31 00:43 | |
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Australian regulator ASIC to ramp up focus on digital scam
ASIC, Australia’s financial watchdog, has announced a new four-year plan prioritizing consumer protection against digital scams, including cryptocurrency-related frauds. ASIC, the Australian Securities and Investments Commission, has unveiled a new four-year strategy aimed at shielding consumers and businesses from digital… дальше »
2023-8-30 18:31 | |
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DCG reaches ‘agreement in principle’ with Genesis creditors, debtors
The estimated U.S. dollar equivalent recoveries could amount to 70%–90% for Genesis creditors, should the amended plan be carried out. дальше »
2023-8-29 11:22 | |
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Digital Currency Group to pay $1.4B as agreement made with Genesis for up to 90% of funds
Genesis Global and affiliates have reached a deal in principle on a bankruptcy reorganization plan supported by creditors, according to a court filing Tuesday. The cryptocurrency lender aims to emerge from Chapter 11 protection after entering mediation in May to resolve disputes over a reorganization plan. дальше »
2023-8-29 10:28 | |
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Crypto bull run: Traders share their plans for the ‘tornado’ to come
Millions of new crypto investors could be experiencing their very first bull run soon, and those who’ve been through it have shared how they plan to tackle it. дальше »
2023-8-29 02:26 | |
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FTX’s Sam Bankman-Fried Ditches Plan To Be Jailed Only On Weekends, Here’s What He Wants
Disgraced FTX founder Sam Bankman-Fried (SBF) and his lawyers had requested that he be released on weekdays. However, following the rejection of that request, SBF’s lawyers have once again written to the court, making a different request this time around. дальше »
2023-8-29 19:00 | |
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Spain’s central bank expects digital euro to enhance financial services
The deputy governor of the Spanish national central bank, Margarita Delgado, has spoken about the future of the digital euro and how private payment solutions will interact with it. Speaking in line with the recently proposed digital euro legislative plan,… дальше »
2023-8-28 16:51 | |
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Dropbox drops unlimited storage plans, citing abuse by crypto miners
Cloud storage provider Dropbox has announced a it would discontinue its “unlimited” storage policy offered under its Dropbox Advanced plan and will replace it with a metered model to better manage the unexpectedly high usage patterns. дальше »
2023-8-26 01:10 | |
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Ripple’s Master Plan: Turning the XRP Ledger into the Leading RWA Tokenization Network?
A recent article published on Ripple’s website highlights the accelerating trend of tokenizing real-world assets like stocks, bonds, and commodities on blockchains. This process of representing assets as digital tokens unlocks liquidity, enhances efficiency, and enables 24/7 trading. дальше »
2023-8-25 18:43 | |
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Dropbox cancels unlimited storage due to crypto mining concerns
Dropbox is transitioning from its once-unlimited Advanced storage plan to metered offerings, driven by rising misuse, including cryptocurrency mining activities. In response to the increasing misuse of its Advanced storage policy, particularly for cryptocurrency mining, Dropbox is shifting from its… дальше »
2023-8-25 18:33 | |
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Dropbox Ditches Unlimited Storage, And Crypto Mining Is One Of The Culprits
Dropbox has announced the discontinuation of its unlimited storage plan due to the increasing misuse of the service by users engaged in resource-intensive activities such as cryptocurrency mining. With the surge in popularity of cryptocurrencies like Bitcoin and Ethereum, the demand for computational resources has led to an unintended consequence for services offering unlimited storage. […] дальше »
2023-8-25 12:54 | |
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Is the US’s Ultimate Plan to Ban Crypto?
The U. S. government is currently walking a tightrope when it comes to cryptocurrency regulations. As the digital currency landscape evolves, so too does the regulatory approach, leading to a series of challenges and debates about the future of crypto in the country. дальше »
2023-8-24 15:00 | |
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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 »
2023-8-23 17:35 | |
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Biden’s New SAVE Student Loan Plan Could Be a Second-Wave Boon for Crypto
President Biden has introduced the SAVE plan, aiming to reduce student loan repayments, potentially freeing up capital for investments, including in cryptocurrencies. The post Biden’s New SAVE Student Loan Plan Could Be a Second-Wave Boon for Crypto appeared first on BeInCrypto. дальше »
2023-8-23 09:25 | |
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South Korean City Announces Plan To Seize Crypto Assets Of Local Tax Evaders
The government of Cheongju City, located in the central region of South Korea, is looking to confiscate virtual assets such as Bitcoin from tax evaders. According to a local media report on August 22, the city authorities sought cooperation from seven crypto exchanges, including Upbit and Bithumb, to punish these delinquents. These exchanges have been […] дальше »
2023-8-23 01:00 | |
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