Mt. Gox pushes repayment plan deadline to October 2025
The trustee overseeing Mt. Gox assets has extended the deadline for creditors’ restitution to October 2025 as over 44,900 BTC remains unpaid.
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3AC liquidators file motion to hold Kyle Davies in contempt
Civil sanctions against 3AC co-founder Kyle Davies include an award of attorneys’ fees and a $10,000 daily fine until he is in compliance with a subpoena. 82 Total views 5 Total shares Three Arrows Capital (3AC) co-founder Kyle Davies should be held in contempt of court for ignoring a subpoena connected to bankruptcy proceedings, June…

ProShares announces launch of short Ether-linked ETF
ProShares’s new Short Ether Strategy ETF is set to start trading on the NYSE Arca under the ticker symbol SETH. 313 Total views 1 Total shares ProShares, a major issuer of exchange-traded funds (ETF), announced the launch of the short Ether-linked ETF on Nov. 2.ProShares’s new Short Ether Strategy ETF is set to start trading on

AI set to benefit from blockchain-based data infrastructure
The rise of ChatGPT has been nothing short of spectacular. Within two months of launch, the artificial intelligence (AI)-based application reached 100 million unique users. In January 2023 alone, ChatGPT registered about 590 million visits.In addition to AI, blockchain is another disruptive technology with increasing adoption. Decentralized protocols, applications and business models have matured and…

ENS DAO delegates offer perspective on DAO governance and decentralized identity
Earlier this month, the Ethereum Name Service, or ENS, formed a decentralized autonomous organization, or DAO, for the ENS community. Cointelegraph spoke to two ENS DAO delegates who applied for the opportunity to represent the community and stay involved in the decision making process: Victor Zhang, CEO of AlphaWallet, an open source Ethereum wallet, and Gregory…

Bitcoin is pinned below $65K but several market structure-altering factors are at play
Bitcoin must overcome resistance in the $64,000 to $66,000 zone before a new set of growth catalysts initiate the path to six-figure BTC price territory.

Are NFT markets in a death spiral or ready for a resurgence?
Nonfungible tokens (NFTs) saw a massive surge in popularity in 2021, accompanied by sky-high prices, but the market has since come crashing back to earth, and it’s unclear whether there will be a resurgence. NFTs are unique digital tokens recorded on a blockchain to certify ownership and authenticity. They can’t be copied or substituted but can

DeFi Is Exposing Inadequacies of Cold Storage, Says Crypto Custodian
The president of crypto custodian Anchorage, Diogo Monica, believes that DeFi is exposing the shortcomings of cold storage and manual operations. 1487 Total views 25 Total shares Cointelegraph spoke to Anchorage co-founder and president, Diogo Monica, to get his take on how the rise of decentralized finance (DeFi) is impacting the crypto custodian sector.Monica stated…

Missouri Firm Launches New Software For Reporting Crypto Taxes
Missouri-based software maker CryptoTrader.Tax has launched a new product facilitating cryptocurrency tax reporting.As the 2019 tax year comes to an end, the software is designed to help firms, certified public accountants and professionals counsel their clients about reporting their taxes from crypto in accordance with the tax guidelines set out by the United States Internal…