US Trustee challenges FTX reorganization plan, citing legal concerns
The objections raised by the US Trustee and the creditor group are likely to play a significant role in the court’s deliberations.
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Antonio Juliano steps down as CEO of dYdX
The decentralized exchange is now led by Ivo Crnkovic-Rubsamen, a former trader and dYdX chief strategy officer.

Crypto is down, but FET and AI tokens are up — Here’s why
FET and other AI tokens are outperforming the wider crypto market this week, but is the rally purely driven by investors' earnings expectations for Nvidia?

Facebook Adds Senior Job Vacancy for Calibra Wallet on Careers Site
Facebook has started advertising for a head of data science to work on its Calibra wallet, a recent job posting shows.According to the tech giant’s vacancy, it is looking for an “experienced analytics leader” who can use data to drive insights, shape the wallet’s future direction, and measure product success.Understanding how users interact with the product and…

Australian Firm Aiming for $15 Mln ICO for Crypto Exchange Addresses Regulatory Scrutiny
Byte Power Group (BPG), the Australian company aiming to launch the country’s first cryptocurrency exchange using an ICO, responded to regulatory pressure with fresh information about its plans Wednesday, September 5.In a statement to the Australian Securities Exchange (ASX), BPG addressed concerns the regulator raised last month as details of the fundraising became public.BPG has…

Top blockchain mentors join forces to advise on ‘groundbreaking’ Solana projects
Solverse Accelerator was established to support high-potential projects building on Solana. It’s also a way to incentivize further development on the blockchain network, which has grown rapidly this year. 3590 Total views 1 Total shares Solverse, a Solana-focused accelerator program, has tapped 21 subject matter experts to advise on up-and-coming Solana projects, setting the stage…

Bitcoin drops below $40K for first time in 3 months as fear set to ‘accelerate’
Volatility comes right on cue as the loss of $40,000 sparks a tussle with swings of $1,000 up and down. 3209 Total views 30 Total shares Bitcoin (BTC) fell below the landmark $40,000 mark for the first time since September 2021 on Jan. 10, heightening a rout that began six weeks ago.BTC/USD 1-hour candle chart…

Wall Street jinx? Traders weight ‘sell the news’ potential after Bitcoin ETF launch
Wall Street opened its doors for the first Bitcoin (BTC) exchange-traded fund (ETF) on Oct. 19, with the listing of ProShares Bitcoin Strategy (BITO) on the New York Stock Exchange. The fund attracted more than $1 billion in trading volume on its first day, while BTC price rallied to a new record high of $67,000.But the…

Coinbase-backed Base to improve decentralization with fault proofs
Base will implement fault proofs on the mainnet twice as fast as Optimism, which took about six months to upgrade the system from testnet to mainnet.