FTX has been granted court approval to sell its cryptocurrency assets to repay customers in U.S. dollars. The decision, made Wednesday (Sept. 13) by U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware, aims to minimize risks associated with price volatility in the crypto markets, Reuters reported Wednesday....
Crypto lender Exactly Protocol has suffered a hack, reportedly resulting in the loss of as much as $12 million. The decentralized credit market, which operates on the Optimism network, was targeted by a bridge exploit, CoinDesk reported Friday (Aug. 18), citing information from blockchain security firm De.Fi. The hacker utilized...
Bitcoin, the world’s most valuable cryptocurrency, experienced a significant drop below $26,000 on Thursday, marking its lowest level since June. This decline was part of a broader crypto market slump triggered by news that Elon Musk’s SpaceX had written down the value of its Bitcoin...
Crypto trading has leveled off in the first days of the new year. Both bitcoin and ether have remained within a narrow band in recent weeks, according to a Wednesday (Jan. 4) Wall Street Journal report. From late Tuesday (Jan. 3) to Wednesday, bitcoin inched...
September 25, 2023
The Securities and Exchange Commission (SEC) has reportedly expressed reservations regarding Coinbase Global’s proposed involvement in Celsius Network’s plan to emerge from bankruptcy. The SEC, which previously charged Coinbase with operating as an unregistered securities exchange, broker and clearing house, has raised concerns about the agreements between Celsius and Coinbase, stating that they go beyond the scope of a distribution […]
September 13, 2023
FTX has been granted court approval to sell its cryptocurrency assets to repay customers in U.S. dollars. The decision, made Wednesday (Sept. 13) by U.S. Bankruptcy Judge John Dorsey in...
August 18, 2023
Crypto lender Exactly Protocol has suffered a hack, reportedly resulting in the loss of as much as $12 million. The decentralized credit market, which operates on the Optimism network, was targeted by...
August 18, 2023
Bitcoin, the world’s most valuable cryptocurrency, experienced a significant drop below $26,000 on Thursday, marking its lowest level since June. This decline was part of a broader crypto market slump...
