FTX customers could get $9B shortfall claim payout by mid-2024
A proposed settlement could see creditors receive a shortfall claim of $8.9 billion for FTX.com…
Trending Crypto news
Lido on Solana wind down ‘deemed a necessity’ after low fees, says staking firm
Unsustainable financials and low fees generated by Lido on Solana were two of the main…
NYC mayor releases plans for responsible AI usage in local government
The administration for the mayor of New York City has released a plan for creating…
Former FTX engineering director faces up to 75 years in prison following guilty plea
Nishad Singh’s testimony was seemingly part of the prosecutors’ strategy to establish Sam Bankman-Fried as…
SBF and Caroline Ellison conspired to keep Bitcoin under $20K, but did it work?
SBF, Caroline Ellision, Alameda and FTX may have conspired to keep Bitcoin price below $20,000,…
SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide
The SEC sets examination priorities based on feedback from examiners and input from investors and…
The explosive revelations of Caroline Ellison: Law Decoded
SBF’s former girlfriend admits to fraud during her time as CEO of Alameda Research. Last…
Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena
The order was unclear as to the nature of the documents under subpoena, but stated…
SEC Chair Gary Gensler warns impending AI-wrought financial crisis ‘nearly unavoidable’
Gensler reportedly fears Big Tech’s stranglehold on AI technologies homogenizing the financial market. United States…
ZK-focused Manta Pacific opts out of OP Stack for Polygon CDK
Manta Pacific’s ZK-application-focused network will integrate with the Polygon ecosystem through the Chain Development Kit…
Binance halts onboarding of new UK users
The move comes after the Financial Conduct Authority imposed restrictions on its U.K. partner REBS….
Nishad Singh testifies on Sam Bankman-Fried’s ‘excessive’ investments through Alameda
The former FTX engineering director reportedly testified that SBF would “unilaterally spend Alameda’s money” and…
What is Reed’s law, and why does it matter in the crypto space?
Reed’s Law highlights exponential growth from diverse communities, crucial in crypto for innovation, DeFi and…
Tether freezes $873K USDT linked to terrorist activity in Ukraine, Israel
The stablecoin issuer freezes addresses containing $873,000 USDT linked to illicit activity in Israel and…
Token adoption grows as real-world assets move on-chain
From real estate and digital art to government bonds, tokenizing real-world assets is no longer…