FTX, the cryptocurrency exchange previously led by Sam Bankman-Fried, is set to start repaying its main creditors by the end of May, according to Bloomberg’s coverage of court proceedings in Delaware this week. The company has amassed $11.4 billion in…
Bitcoin mining company MARA Holdings (MARA) is initiating a new $2 billion stock offering to purchase more bitcoin, continuing its strategy of acquiring BTC in the open market through capital raise while adhering to its “Hodl” approach. As per a…
Terraform Labs, the company responsible for the failed Luna token and TerraUSD stablecoin, is set to launch a portal on March 31 for investors to file claims for losses related to the company’s collapse and subsequent bankruptcy. Managed by claims…
There has been a significant decline in cryptocurrency prices in the past few hours, with bitcoin (BTC) down by approximately 3% over the last 24 hours. Major altcoins like XRP, BNB, and SOL have also seen a decrease between 4%…
Baanx, a provider of cryptocurrency debit card solutions for platforms like MetaMask and 1inch, has unveiled a rewards wallet that combines on-chain finance with traditional loyalty benefits and discounts. This innovative wallet utilizes technology from Circle, the company behind the…
CoreWeave (CRWV) saw its shares open at $39 per share on Nasdaq during its debut on Friday afternoon, slightly below the closing price of its initial public offering on Thursday evening. The cloud computing company sold approximately 37.5 million shares…
Former CEO of crypto exchange BitMEX, Arthur Hayes, along with his co-founders Samuel Reed and Benjamin Delo, as well as senior employee Greg Dwyer and BitMEX’s operating entity, HDR Global Trading, have been granted a pardon by U.S. President Donald…
Hopes for the crypto recovery to continue vanished on Friday, as a market-wide rout erased virtually all gains from earlier this week. Bitcoin (BTC), hovering just below $88,000 a day ago, tumbled to $83,800 recently and is down 3.8% over…
This is the first article in a series deep diving into individual covenant proposals that have reached a point of maturity meriting an in-depth breakdown. CHECKTEMPLATEVERIFY (CTV), put forward by Jeremy Rubin with BIP 119, is the most mature and…
The Federal Deposit Insurance Corp. is changing its policy regarding banks engaging in crypto activities. Previously, banks were required to obtain prior approval before participating in crypto-related ventures. This requirement, established in 2022, effectively cut off institutions from the digital…
