After the U.S. court’s order for FTX to pay $12.7 billion and repay creditors, the exchange is facing new challenges in its repayment efforts. The US Securities and Exchange Commission (SEC) has issued a warning against the bankrupt exchange’s strategy for repaying creditors. The SEC’s latest filing suggests a “possible
As the crypto market encounters a correction, Dogecoin (DOGE) has also displayed a significant drawdown, erasing recent gains. After reaching a peak of $0.1018 on August 30, following a favorable court ruling for Elon Musk and Tesla, DOGE has struggled to maintain its gains. The court found Musk’s tweets about
In the wake of Ripple unlocking 1 billion tokens from escrow, the price of XRP fell. This action aims to improve market predictability and transparency via a long-term plan for managing the token supply. Despite this goal, investors were understandably wary based on the market’s quick response. With its well-coordinated
X (formerly twitter), a social media platform, has been stopped in Brazil by an order of a Brazilian Supreme Court judge, after Elon Musk’s refusal to name a legal representation for the company. As stated in an Associated Press report from August 30, Justice Alexandre de Moraes carried out his
On August 24, 25, and 29, the Discord channels of Polygon, Avalanche, Zksync, and Orderly Network were compromised. In each case, hackers used the channels to distribute harmful links, posing a significant risk to users. On Aug 29, Orderly Network’s official Discord channel was compromised. The protocol recently launched its
Pioneering $40,000 Donation Directly to President Trump In a bold move that sets a new precedent in the intersection of politics and cryptocurrency, $4WIN PolitiFi coin has contributed $40,000 to President Donald Trump’s 2024 campaign setting them apart from other smaller tokens. This act not only marks a pioneering venture
As the cryptocurrency market heats up, all eyes are on ETFSwap (ETFS), a new ICO that’s stirring up excitement among analysts and investors alike. With predictions of monumental returns and whispers of millionaire-making potential, ETFSwap (ETFS) is quickly becoming the hottest ticket in this bull run. Why Analysts Are Betting
Solana (SOL) finds itself navigating turbulent waters as its value has plummeted by 25% over the past month, recently breaching critical technical support levels. This decline not only reflects SOL’s ongoing struggle to overcome resistance but also signals a potential erosion of positive market sentiment, potentially paving the way for
In the last 24 hours, Dogecoin (DOGE) saw a modest uptick of 4.02%, reaching $0.1025 as it attempts to recover from recent setbacks. The slight boost in price was followed by the dismissal of a federal lawsuit against Elon Musk and Tesla, with the court ruling that Musk’s Dogecoin-related tweets
On Thursday, African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and Exchange Commission (SEC) as a Digital Assets Exchange. The license which was presented by the Securities and Exchange Commission grants Quidax the permission to operate
