Cash or crypto? FTX creditors to vote on how they're paid back
FTX lawyers stressed that in-kind crypto payouts would clash with bankruptcy laws but several creditors feel shortchanged by the proposed cash repayments plan.
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Bitcoin price spikes to ‘$26K’ in USDC terms — How high can the BTC short squeeze go?
Bitcoin (BTC) refused to let $20,000 support die for good on March 11 as the weekend opened to a battle for lost ground.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin shakes off USDC depegData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $20,200 at the time of writing.A brief dip below the $20,000 mark overnight was…

Phase Zero Code for Ethereum PoS Transition Can Be Completed by June 30: ETH Core Devs
A code for the Ethereum (ETH) blockchain’s first-stage transition to a proof-of-stake (PoS) consensus algorithm could be completed by June 30, as stated in an Ethereum core developers meeting on May 2.In a bi-weekly call, Ethereum researcher Justin Drake claimed that the developers team expects to prepare code specifications for phase zero by the end…

After exploit, Warp Finance compensation plan takes promising strides
In a promising sign for the DeFi space, another project devotes itself to complete user compensation following an exploit 445 Total views 13 Total shares In a blog post on Saturday night, Warp Finance — the latest decentralized finance (DeFi) protocol to suffer a smart contract exploit — announced promising strides towards recompensating users following…

Hong Kong SFC considers allowing Ether staking for ETF issuers
SFC reportedly held discussions with the country's crypto ETF issuers about providing staking services via licensed platforms

Economic Turmoil: The Chances and Challenges for Blockchain and Crypto
Everywhere you look these days, there’s turbulence in the economy. A bitter trade war is seeing the United States and China slap ever-increasing tariffs on goods on a tit-for-tat basis. Over in the United Kingdom, never-ending uncertainty shrouds Brexit, with politicians in Westminster and Brussels at an impasse over the country’s imminent departure from the…

Bitcoin miners send record $128M in revenue to exchanges
Bitcoin (BTC) miners are sending record amounts of BTC to centralized crypto exchanges.In a June 27 tweet, on-chain analytics platform Glassnode reported an all-time high in Bitcoin miner revenue sent to exchanges.Percent of miner revenue sent to exchanges. Source: Glassnode.It noted that there was currently an “extremely high exchange interaction,” from Bitcoin miners which had…

Meet the hackers that can help get your crypto life savings back
Lost crypto password? These are the hackers who have made a living getting yours back.

Y Combinator Reveals Ex-Baidu Blockchain Bull Qi Lu as CEO of New China Division
The Ex-COO of ‘Chinese Google’ Baidu and blockchain bull Qi Lu has joined Y Combinator (YC) to run the company’s new China-based division, according to a blog post August 14. Y Combinator –– the major Silicon Valley-based entrepreneurial accelerator that funded such startups as Dropbox, Airbnb, Coinbase, Reddit, among others –– announced that is has…