FTX lawyers: Examiner could cost $100M and ‘provide no benefit’
FTX lawyers, joint provisional liquidators of FTX.US and the Bahamas and a committee of creditors have all opposed the appointment...
Month: January 2023
Bitcoin Price Showing Signs Of Weakness- Is Now A Good Time To Jump In
The cryptocurrency market experienced sharp falls recently, with Bitcoin (BTC) dropping more than 1% in the last 24 hours and...
Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims
Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was...
Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork
While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking...
ViaBTC Capital and CoinEx Release the 2022 Crypto Annual Report: Review of Nine Sectors and Forecast of Crypto Trend in 2023
In January 2023, ViaBTC Capital and CoinEx jointly released the 2022 Crypto Annual Report to offer data analysis and insights...
FTX creditor list shows airlines, charities and tech firms caught in collapse
The over 100-page long document lists every entity FTX owes money to, inclusive of Big Tech players to local businesses...
Moonbirds creator Kevin Rose loses $1.1M+ in NFTs after 1 wrong move
Among the nonfungible tokens (NFTs) stolen from the PROOF co-founder were 25 Chromie Squiggles and one Autoglyph NFT. Kevin Rose,...
Circle denies blaming SEC for shuttered $9B plan to go public
A Jan. 25 report from the Financial Times which was widely shared characterized Circle as having "blamed" the SEC for...
Crypto lawyers to be in demand as regulatory pressure reaches boiling point
Commercial lawyers with a solid knowledge of blockchain and crypto tech will be in particularly high demand. Crypto-versed lawyers will...
Elon Musk’s Tesla held onto its Bitcoin in Q4 despite market turbulence
The EV maker continued to hold its estimated 9,720 Bitcoin, only losing $34 million on its investment due to price...
Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals
The defunct crypto lender Celsius is exploring the possibility of creating a debt token to repay creditors. The plan would...
Twitter Users Spot Crypto Scam Tweet on Verified Robinhood Account, Company Removes Post
According to multiple sources, the Twitter account of Robinhood was allegedly hacked on Wednesday, Jan. 25, 2023. The account posted...
Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens
Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest...
White House science office calls for comments on its digital asset research agenda
The office's request for information is the latest piece in the massive research agenda in President Biden’s executive order on...
Ireland’s Central Bank Governor calls for ban on crypto ads targeting young adults: Report
Gabriel Makhlouf reportedly said there was an “uncomfortable” level of crypto advertisements targeting young adults. Gabriel Makhlouf, the governor of...
