FTX Trading Ltd and its affiliated debtors have announced that they are nearing the completion of key steps to implement their court-approved Chapter 11 reorganization plan. Once finalized, the plan will allow the company to […]
A Southern District of New York Bankruptcy Judge has approved Celsius Network’s request to serve legal notices via non-fungible token (NFT) airdrops. Celsius, currently undergoing insolvency proceedings, seeks to recover funds from allegedly fraudulent transfers […]
The State of Michigan Retirement System (SMRS) has significantly increased its Ethereum (ETH) holdings, raising its investment to $10 million and surpassing its Bitcoin (BTC) allocation. This move makes Michigan the first U.S. state pension […]
Venture capital firm Sequoia Capital stands to make approximately $100 million following Stripe’s $1.1 billion purchase of Bridge. The substantial return is particularly notable in the crypto sector, where venture funding has significantly declined since […]
The US presidential elections are just around the corner, with the world’s largest economic force anticipated to choose between continuing with a similar path as the past four years or changing its course completely if […]
Minneapolis Federal Reserve President Neel Kashkari has found himself on the wrong end of a backlash after stating that most cryptocurrency transactions involve drugs or illegal activities. The comment from the official, a known crypto […]
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