Bankruptcy law firm S&C absolved from misconduct, according to new FTX proposal
FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities.
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New US House Bill Would Fine Facebook’s Libra $1 Million Per Day
A proposed bill to fine major tech firms such as Facebook $1 million per day if they issue cryptocurrencies is being circulated by Democrats, Reuters reports on July 15.Reuters cites a copy of draft legislation — reported on by Cointelegraph when it first surfaced online last week — and notes that it proposes to impose…
Binance in the crosshairs: Are regulators paying attention to crypto?
Is Binance crypto’s new whipping boy? Regulators in the United States, the United Kingdom, Canada, Japan, Thailand and the Cayman Islands have all recently issued warnings and even criminal complaints against the cryptocurrency exchange. Even Poland entered the fray as its financial regulator warned citizens to exert “special caution” when using Binance’s trading services.Some have…
LibertyX Allows BTC Purchases in Cash at 7-Eleven, CVS, and Rite Aid
Retailers including CVS Pharmacy, Rite Aid, and 7-Eleven now allow LibertyX mobile app users to purchase up to $500 in Bitcoin with cash. 1129 Total views 50 Total shares LibertyX, the firm that launched one of the early Bitcoin ATMs, has just made purchasing Bitcoin in cash possible at more than 20,000 retail locations across…
Justin Sun Reveals New Plan for TRON’s Proof-of-Stake Mechanism
Blockchain platform Tron’s founder, Justin Sun, has announced a new plan for TRON's (TRX) proof-of-stake mechanism.In a series of tweets on Sept. 21, Sun highlighted four key developments in the new plan for TRON’s proof-of-stake mechanism. Specifically, the developments will focus on the means of distributing staking revenues and greater engagement of the community.Community engagement Sun…
Gensler suggests staking token operators should ‘seek to come into compliance’
The SEC head was speaking impromptu to reporters after a commission meeting when he was asked about a statement made by the CFTC chair. 505 Total views 13 Total shares Own this piece of history Collect this article as an NFTUnited States Securities and Exchange Commission Chair Gary Gensler has again suggested that proof-of-stake coins…
Bitcoin price dips under $17.6K June low as FTX nerves liquidate nearly $1B
Bitcoin (BTC) liquidated $200 million of long positions on Nov. 8 as BTC price briefly tumbled to two-year lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price sets new two-year lowData from Cointelegraph Markets Pro and TradingView revealed carnage across crypto price charts as exchange FTX kept the mood low.After initially rebounding over $20,000 on news that…
Ether price hits 2-week high as London hard fork momentum builds
The second-largest cryptocurrency by market capitalization peaked north of $2,350 on Sunday, its highest reading since June 18. Bitcoin price stability and anticipation of major protocol upgrades are fueling investors’ appetite for ETH. 255 Total views 1 Total shares Ether’s (ETH) $230 million options expiry on Friday appears to have shifted market sentiment in favor…
Top 9 cyberpunk movies of all time
Cyberpunk movies are a subgenre of science fiction that emerged in the 1980s. They typically take place in a dystopian future, often in a city characterized by high-tech, advanced technology and a breakdown of social order.They often feature advanced forms of artificial intelligence, virtual reality, and cybernetically enhanced characters and worlds. The stories often focus…