Genesis Proposes Slashing 3AC Claim from $1B to $33M.
The crypto lender has decided to settle out of court to avoid the risks and expenses. Genesis has proposed lowering the claim and giving up rights to certain crypto assets.Bankrupt…
Judge Approved Bankrupt Celsius Network’s Repayment Plan.
The proposal filed proposed allocating $450 million to start up a new company.Dubbed NewCo, it will concentrate on Bitcoin mining and staking.After a judge in Delaware bankruptcy court accepted Celsius…
Australian Crypto Exchange CoinSpot Loses $2M in Alleged Exploit.
ZachXBT reveals CoinSpot wallets drained of 1,282 ETH ($2M) in just five mins.Australian cryptocurrency exchange CoinSpot may have fallen victim to an exploit resulting in the loss of approximately $2…
Bitcoin Pump to Almost $37000 And Triggers Over $140 Million in Withdrawals.
Bitcoin (BTC) surpassed $36,700 for the first time since May 2022.The price of the primary cryptocurrency has soared once again, hitting a fresh 18-month peak of approximately $36,700 (per CoinMarketCap’s…
Bitcoin Whale Inflows to Exchanges Declined Ahead of BTC’s Price Surge to $37000.
Bitcoin Long-Term Holder Supply at an All-Time High As BTC moves to $37K: Glassnode. The relative proportion of circulating supply held for over a year currently hovers at all-time highs…
Bitcoin Whale Inflows to Exchanges Declined Ahead of BTC’s Price Surge to $37K.
Retail players are pouring bitcoin into exchanges, but whales not so much.The spot ETF optimism drove Bitcoin near $37,000, but there could have been more signs behind that rally. Gauging…
SEC Chair Gary Gensler Roots for FTX Comeback
Gensler emphasizes the importance of new leadership understanding and sticking to existing securities laws for FTX’s success. Former NYSE President Tom Farley is among the top contenders to acquire FTX’s…
Memecoin Whales Score Millions While MEME Trends
LBank tweeted about Memecoin (MEME) gaining attention in the crypto space.Airdropped MEME transfers to just two holders exceeded $5 million in total value.Memecoin is backed by Memeland’s hyper-web3 project and…
USDC Issuer Circle Considering Going Public via IPO in 2024
The company is currently talking to advisors and preparing to go public, say the sources with familiar matter. Circle, the firm behind USDC stablecoin, is considering going public with a…
Bitcoin Above 35000 Indicates Bull Run. Time to Buy?
Bitcoin recent rally is notable, with an 18-month high. Over 78% of BTC holders make a profit on their purchases. 2023 has proven to be a year of fluctuation in…