FTX creditors object to bankruptcy reorganization plan

After the rug pull, Xirtam scammers directly deposited stolen funds onto Binance, prompting the exchange to freeze the assets. 155 Total views 6 Total shares Crypto exchange Binance has created an automated smart contract to reimburse users following the events of the Xirtam rug pull.According to a Sept. 6 announcement, users affected by the Xirtam rug

The share price of Chinese Bitcoin (BTC) mining company Ebang continues to fall, while the firm refutes claims made in a Hindenburg Research report which alleged it was pilfering American investors’ cash.The Hindenburg Research report, published April 6, described Ebang as “simply the latest chapter in the ‘China Hustle’ disguised as a Bitcoin mining play.”…

The stock and crypto trading app has added a further $460 million in the last closings of its new funding round. Retail traders have been flocking to trade stocks and cryptocurrencies on the popular app Robinhood — and it shows in the company’s latest Series G funding round.On Sept. 23, a spokeswoman for Robinhood Markets…

Lawyers struggled for months to serve O’Neal as part of a broader $21 billion lawsuit involving celebrity FTX promoters. 426 Total views 2 Total shares Shaquille O’Neal has settled with investors who claim losses from the collapse of cryptocurrency exchange FTX, according to an April 23 filing in the US District Court for the Southern

South Korean internet giant Kakao is reportedly planning to list its cryptocurrency Klay on a Chinese crypto exchange and one local exchange.Kakao might have trouble listing Klay in KoreaAccording to a report by local news daily News1 Korea on Aug. 31, Kakao’s blockchain arm Ground X is in talks with two popular cryptocurrency exchanges for…

A peculiar phenomenon is occurring within the economic sector. In fact, it’s been transpiring over the past few decades. After the rise of the internet and the development of effective communications, the financial industry underwent a technical reconstruction. Those formerly disbarred due to a lack of capital found refuge in this revolution. Internet brokers and…

The world is headed for special drawing rights with gold participating, but not a return to the gold standard, the trader says. Bitcoin (BTC) and cryptocurrencies will not get their big break thanks to the problems with the fiat economy, says veteran trader Peter Brandt.In a series of tweets on July 22, the popular commentator…