Bankrupt Crypto Lender Genesis to Repay $3 Billion to Creditors
Genesis gets court nod to distribute $3B to creditors, covering 77% of the claims. Notably, DCG is excluded from the payout list. U.S. Bankruptcy Judge Sean Lane approved Genesis Global’s…
Gala Games $200M Exploit Was An ‘Isolated Event,’ Team Working Closely With Law Enforcement.
The Gala Games CEO owned up to the lapse in internal controls that resulted in the theft.Web3 gaming project Gala Game was exploited by an unknown attacker, who was described…
See How Many Traders Were Wrecked as Bitcoin (BTC) Exploded to $72K Amid Rising ETF Inflows
The entire crypto market turned green led by ETH’s massive gains.Bitcoin had a relatively quiet past few days, especially during the weekend, and had stalled at around $67,000 before the…
Bitcoin Inflows Hit $942 Million as Investor Confidence Grows.
Investors do not appear to be betting on BTC’s price decline, as shown by the meager $0.6 million in short Bitcoin inflows. Digital asset investment products surged for the second…
Can Ethereum (ETH) Top $4k This Week if ETFs Are Approved?
Ethereum prices have surged a whopping 20% to a six-week high as hopes of spot exchange-traded fund approval in the United States are reignited. ETH prices topped $3,700 in an…
Crypto Exchanges in Nigeria Delisting Naira As Directed By Country’s Regulator.
The Nigerian Securities Regulator has stated that cryptocurrency exchanges have complied with a directive to remove the local currency from peer-to-peer platforms. The acting director-general of the Nigerian Securities and…
Grayscale CEO Michael Sonnenshein Steps Down.
Michael Sonnhenshein – CEO of the world’s largest Bitcoin ETF, Grayscale – has stepped down from his position, according to a company press release on Monday. The report said that…
Bitcoin Network Sees Lowest New Addresses Created Since 2018.
Bitcoin (BTC) network activity has significantly declined in the creation of new addresses, hitting its lowest point since July 2018. Despite this, though, BTC is trading around $67,000 after gaining…
Fate of Crypto Post Death of Iran Prez in Chopper Crash.
Crypto to Bypass Sanctions against IranFollowing the unfortunate demise of Iran’s President Ebrahim Raisi and his Foreign Minister in a helicopter crash on Sunday evening, there is an eerie calm…
U.S. Bitcoin ETFs Reach $948.3 million in accumulation over five days.
Farside data shows that Bitcoin (BTC) exchange-traded funds (ETFs) accumulated an impressive $948.3 million over five consecutive trading days. This remarkable streak marks the first time such a feat has…