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 plans to resurrect.

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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. The company anticipates.

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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 Glassnode data, the.

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Bitcoin News

QuadrigaCX Creditors Set to Receive 13% of Their Claims as an ‘Interim Dividend’

Creditors of the defunct Canadian cryptocurrency exchange QuadrigaCX are set to receive an interim dividend of 13% of their total claims, according to.

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Crypto News

Bittrex to Receive 250 BTC Loan Valued at $7M to Start Bankruptcy Case

According to Reuters’ report dated May 10, a bankruptcy judge in the United States has granted Bittrex’s request for a loan of $7.

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Blockchain News

‘Unjustly Enriched:’ Core Scientific Knocks Back $4.7M Claim From Celsius

Core Scientific, a bankrupt Bitcoin (BTC) mining outfit, has objected to paying a $4.7 million administrative claim made by crypto lender Celsius Network,.

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Crypto News

Voyager Creditors Could Start Seeing Funds in the ‘Next Few Weeks ’

According to a committee of Voyager creditors, money left on the platform of the insolvent crypto broker Voyager Digital may start to be.

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Crypto News

Gemini ‘supportive’ of Genesis Mediation, but frustrated over pacing

Genesis Crypto and its primary creditor group have agreed to a 30-day mediation procedure in order to go ahead with a final restructuring.

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Crypto News

FTX reboot: ‘I don’t see how it’s possible,’ Says a Skeptical Scaramucci

Although Anthony Scaramucci’s Skybridge Capital firm is closely associated with FTX, the Mooch is skeptical that the now-defunct crypto exchange will resurface anytime.

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Crypto News

$190B Ontario Pension Says No To Crypto after FTX Investment Loss

The Onatario Teachers’ Pension Plan has decided to steer clear of cryptocurrencies.  The decision comes after the OTPP, which manages over $190 billion.

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