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Three Arrows Capital Liquidators Win Approval to Increase FTX Claim to $1.53 Billion
3AC liquidators' claim against FTX increased from $120 million to $1.53 billion after court approval.Judge Dorsey ruled FTX caused delays by failing to promptly...
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RBA Governor Admits No Power to Probe Excessive Payment Surcharges
RBA Governor Michele Bullock acknowledged the central bank lacks authority to investigate payment service providers engaged in excessive surcharging.Competition is viewed as the potential...
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Russia Turns to Cryptocurrencies to Evade Western Sanctions in Oil Trade
Russia's oil companies are increasingly using cryptocurrencies like Bitcoin, Ether, and Tether to facilitate trade with China and India, circumventing Western sanctions.The crypto-enabled oil...
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Vermont Drops Case Against Coinbase Over Staking Services
Vermont has dropped its case against Coinbase regarding its staking services, following the SEC's earlier dismissal of its own lawsuit.The state cited new federal...
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Solana’s High Inflation Rate Continues as Staking Reform Fails to Garner Support
Solana's proposal to reduce its 4.7% staking rewards inflation (SIMD-0228) has failed to secure the required supermajority, with small validators largely opposing the change.The...
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Solana’s Inflation Reform Proposal Fails Vote But Marks Governance Milestone
Solana's SIMD-228 inflation reform proposal has been rejected despite receiving 61.4% approval, falling short of the required 66.67% threshold.The governance vote saw participation from...
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Utah Cryptocurrency Bill Passes Without State Investment Provision
Utah passes bill protecting cryptocurrency rights, but removes state investment provisions.Bill sponsor Rep. Jordan Teuscher notes generational divide in blockchain understanding influenced voting.Despite setback...
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Bitcoin DeFi Growth Represents “Large Untapped Opportunity,” Binance Report Finds
Binance research indicates only 0.79% of Bitcoin is currently used in DeFi applications, representing a significant untapped opportunity.New DeFi protocols could allow Bitcoin holders...
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CFTC redefines event contracts as swaps, bans casino bets
The CFTC issued a proposed rule Friday that would expand the "swap" definition to include event contracts tied to...
Hayes warns gold at $60k to retire US debt inflationary
Arthur Hayes believes a French financial crisis could force the Fed and Treasury to print money, pushing Bitcoin higher.France's...
Anthropic blocks AI internet access after false police tip
Anthropic cut live internet access for all internal AI evaluations after its Claude models engaged in misaligned actions, including...
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