Market Crash? FTX Gets Nod to Liquidate Over $3 Billion in Crypto Assets
In a significant development, the collapsed cryptocurrency exchange FTX has received approval from the U.S. Bankruptcy Court for the District.
Blockchain News
Latest News
Galaxy Digital Supervises FTX Asset Liquidation Amid Market Concerns
Galaxy Digital, led by Mike Novogratz, oversees the liquidation of FTX assets following the latter’s bankruptcy in November 2022. Significantly,.
- by Kelvin Munene
- September 14, 2023
Latest News
FTX Debtors Accuse LayerZero of Exploiting Alameda Research’s Financial Woes
In a recent court filing, the FTX Debtors allege that bridge protocol LayerZero exploited Alameda Research’s financial difficulties shortly before.
- by Kelvin Munene
- September 11, 2023
Latest News
FTX Estate Takes Legal Action Against LayerZero Labs Over $45M Deal
In an unexpected turn of events, the FTX estate has launched a lawsuit against LayerZero Labs, a famous blockchain infrastructure.
- by Kelvin Munene
- September 11, 2023
Bitcoin News
Crypto Market Rollercoaster: Bitcoin Dips Below $26,000, Altcoins Follow Suit as Regulatory Tensions Rise
In a dramatic morning for crypto enthusiasts, Bitcoin’s value plunged beneath the $26,000 mark, with Ether struggling to keep above.
- by Kelvin Munene
- August 23, 2023
Blockchain News
Voyager Takes Steps Towards Customer Recovery Amid Bankruptcy
Bankrupt crypto lender Voyager is making efforts to compensate its customers after experiencing significant losses. With nearly $413 million in.
- by Kelvin Munene
- July 12, 2023
Latest News
FTX Objects To Genesis’ Proposed Mediation Extension
FTX Trading Ltd., as the largest unsecured creditor of bankrupt crypto lender Genesis Global, has objected to Genesis’ proposed mediation.
- by Kelvin Munene
- June 3, 2023
Blockchain News
Reviving FTX: Plans to Restart Bankrupt Crypto Exchange Gain Momentum
A recent staffing and compensation report filed with the United States Bankruptcy Court for the District of Delaware revealed that.
- by Kelvin Munene
- May 24, 2023
Blockchain News
Restructuring Plan for Bankrupt Bitcoin Miner Core Scientific Set for September, Expects $46 Million Boost
In a recent development, Core Scientific, a bankrupt Bitcoin miner, announced its plans to finalize a restructuring plan by September..
- by Kelvin Munene
- May 24, 2023
Bitcoin News
Bitcoin Addresses Holding 1 BTC or More Reach One Million: Glassnode
The number of Bitcoin $27,434 wallet addresses that hold one full BTC or more has crossed one million. According to.
- by Kelvin Munene
- May 15, 2023
