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FTX Set to Begin $50,000-Cap Repayments as Restructuring Plan Takes Hold
FTX bankruptcy reorganization plan activated on January 3, 2024, initiating user fund repayments.
Users with claims under $50,000 may receive compensation within 60 days.
Official claims...
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Bitcoin Obituaries Hit Record Low as ETF Success Silences Critics
Bitcoin obituaries dropped to historic low of 2 publications in 2024, down from 124 in 2017.
BlackRock's iShares Bitcoin Trust achieved $50 billion AUM in...
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DeFi Risk Managers Face Scrutiny Over Ethena’s USDe Integration at Aave, Sparking Conflict of Interest Debate
Aave governance proposal suggests pegging USDe to USDT 1:1, raising concerns over risk assessment.
Risk advisors working simultaneously for Aave, Maker, and Ethena create potential...
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Telegram Rolls Out NFT Conversion for In-App Gifts, Deepening TON Blockchain Integration
Telegram introduces NFT conversion feature for in-app gifts using The Open Network blockchain.
Users can transform over 20 existing gifts into tradable NFTs using Telegram...
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Georgia Lawmaker Reveals Meme Token Bets Amid Crypto Rally
US Representative Mike Collins filed cryptocurrency investment disclosures on January 1, 2024.
The Georgia congressman reported multiple purchases of Ski Mask Dog (SKI) token.
Each investment...
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Tether’s Longtime Legal Chief Exits After 10-Year Stint at Crypto Giant
Stuart Hoegner exits Tether and Bitfinex after serving as general counsel for 10 years.
Michael Hilliard appointed as the new general counsel for both companies.
Changes...
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NFT Developer in $400K ‘Undead Apes’ Fraud Case Dies Before Sentencing
NFT developer Berman Jerry Nowlin, 21, died by apparent suicide while awaiting sentencing for $400,000 fraud case.
Federal jury found Nowlin guilty of wire fraud...
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Crypto Phishing Scams Hit $1 Billion Mark as Top Threat in 2024, CertiK Reports
Phishing attacks cost the cryptocurrency sector over $1 billion in losses during 2024.
CertiK identified 296 separate phishing incidents targeting digital asset holders.
Attackers primarily focus...
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Crypto PAC Fairshake drops $46.66M to oust Sherrod Brown
Fairshake affiliate Defend American Jobs has disclosed new spending against Ohio Democratic Sen. Sherrod Brown, bringing its total opposition...
Judge rejects Gemini, CFTC bid to void $5M settlement
A federal judge in Manhattan rejected a joint request by Gemini and the CFTC to void a $5 million...
Circle targets 40 developing markets for stablecoin push
Circle plans to enter about 40 developing markets, focusing on Southeast Asia, Latin America, Africa, and the Middle East.CEO...
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US Shutdown Hampers SEC, CFTC Operations; Crypto Bets on Duration
Many U.S. federal employees are either furloughed or working...
Bitcoin Nets 69,000 BTC in Realized Losses; Market Cautious.
Bitcoin holders realized net losses totaling about 69,000 BTC...
