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The Official Committee of Unsecured Creditors has written a reply to the FTX 2.0 Customer Ad Hoc Committee, providing insights into the details of its proposed amended reorganization plan. Scheduled for mid-December, the plan is expected to reshape the fate of unsecured creditors. In the letter, recognizing differing perspectives on asset valuation and distribution, the…
Frozen funds in crypto, explained Frozen funds typically mean access to such funds has been restricted or temporarily halted. Several factors, such as technological errors, security precautions, disagreements, investigations and regulatory compliance, can lead to such circumstances. So, can a crypto exchange freeze your account? If exchanges or financial institutions suspect fraudulent activity or money…
A United States Congress committee has unanimously passed a pro-blockchain bill, which would task the U.S. commerce secretary with promoting blockchain deployment and thus potentially increasing the country’s use of blockchain technology. On Dec. 5, the House Committee on Energy and Commerce voted 46–0 to pass H.R. 6572, the Deploying American Blockchains Act of 2023,…
The Official Committee of Unsecured Creditors has written a reply to the FTX 2.0 Customer Ad Hoc Committee, providing insights into the details of its proposed amended reorganization plan. Scheduled for mid-December, the plan is expected to reshape the fate of unsecured creditors. In the letter, recognizing differing perspectives on asset valuation and distribution, the…
In the past seven days, Bitcoin (BTC) experienced a whopping 14.5% surge, hitting a 20-month high at $41,130 by Dec. 4. Traders and analysts have been abuzz with speculation, especially in the wake of the $100 million liquidation of short (bearish) Bitcoin futures within just 24 hours. However, when we dive into BTC derivatives data,…
Bitcoin (BTC) has gained a new generation of hodlers in the past three years as stubborn investors refuse to sell. Data from the popular HODL Waves metric shows that those who bought Bitcoin in late 2020 are still sitting on their coins. BTC price should go “way higher” for hodlers to sell Bitcoin’s longer-term investor…
The Official Committee of Unsecured Creditors has written a reply to the FTX 2.0 Customer Ad Hoc Committee, providing insights…
In the past seven days, Bitcoin (BTC) experienced a whopping 14.5% surge, hitting a 20-month high at $41,130 by Dec….
Bitcoin (BTC) has gained a new generation of hodlers in the past three years as stubborn investors refuse to sell….
Bitcoin (BTC) has experienced a remarkable 15.7% price surge in the first six days of December. This surge has been…
Frozen funds in crypto, explained Frozen funds typically mean access to such funds has been restricted or temporarily halted. Several…
Polychain Capital and Hack VC led a $18 million Series A funding round for Babylon Chain, a protocol working on…
A United States Congress committee has unanimously passed a pro-blockchain bill, which would task the U.S. commerce secretary with promoting…
As Web3 gaming showed resilience despite the crypto bear market, professionals working in the space predict that the next year…
The price of gold has broken through a new all-time high, surpassing the significant level of $2,100 during the Asian…
Bitcoin (BTC) options open interest reached an unprecedented milestone, surging to a staggering $20.5 billion on Dec. 7. This signifies…
