FTX creditors only getting '10-25% of their crypto back' — creditor

Editor's noAmid a political news cycle that has been stuck in a nauseating loop, covering crypto is often refreshing. Partisan forces have yet to dig out the trenches. A lot of the current task is just getting working definitions in play. Meanwhile, the technology advances at a mind-boggling rate, and there are still enough outrageous scams,…

Kraken is planning to take legal action against security firm CertiK as the "white hat" operation by security firm turns into a legal blunder.

Monex Group, the Japanese internet broker that purchased hacked cryptocurrency exchange Coincheck, announced it had reopened new account signups and limited trading in a statement Tuesday, Oct. 30.The latest phase of a step-by-step reboot of Coincheck, Monex added users could also begin depositing and purchasing certain cryptocurrencies.“...Here we announce that Coincheck has resumed ‘new account…

The European Central Bank (ECB) stated that cryptocurrencies do not have implications on monetary policy or factor into the real economy in a May report.In the report dubbed “Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures,” ECB looks into the potential impact of digital currencies on economic developments and monetary policy.The…

The U.K. Parliamentary Committee fears that an official launch will demand a significant investment, adding that “It is not clear to us at this stage whether the benefits are likely to outweigh these risks.” 77 Total views 1 Total shares The United Kingdom Parliamentary Committee, House of Commons, has asked the Bank of England and

President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve and a National Digital Asset Stockpile is expected to be a catalyst for wider Bitcoin adoption, according to investment analysts and crypto industry leaders. On March 6, Trump acknowledged the need to “harness” the power of digital assets while signing the executive order for

Commenting on the rollout, Crypto.com’s Karl Mohan tipped the adoption of an AUD-backed stablecoin as being the catalyst to make crypto payments mainstream in Australia. 237 Total views 20 Total shares Convenience store and petrol station brand On The Run (OTR) has launched crypto payment support across all 175 of its petrol stations and convenience…

The police chief of Tehran said authorities had raided 50 locations across the Iranian capital in the last 48 hours, discovering 3,000 illegally operating crypto miners. Iranian provincial police are continuing their crackdown on crypto miners big and small, with news surfacing that they have confiscated more than 7,000 rigs at a farm operating in…

The two largest cryptocurrencies revisit significant price levels with sellers rapidly disappearing from exchange orderbooks. 4412 Total views 32 Total shares Bitcoin (BTC) briefly hit $60,000 on April 2 in the latest installment of its slow grind back to all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC price taps $60,000Cointelegraph Markets Pro and TradingView showed…