Judge Dorsey Approves FTX Bankruptcy Plan and Creditors Set to Reclaim 119% of Claims
#FTX’s bankruptcy plan approval Makes way for $16 billion in #repayments, giving #creditors 119% of their claims and impacting the #crypto market.
#FTX’s bankruptcy plan approval Makes way for $16 billion in #repayments, giving #creditors 119% of their claims and impacting the #crypto market.
#Whale accumulation and a reduction in #exchange reserves are reducing #Bitcoin’s supply, moving prices up to $80,000 by 2024.
September 2024 saw a drop in #spot exchange transactions to $1 trillion, while #Binance saw a dip to $344 billion and #Crypto.com saw a rise to 11%.
Ripple secures in-principle approval from #DubaiFinancialServicesAuthority, paving the way for expanded cross-border payments in the #UAE. #DubaiInternationalFinancialCentre #Regulation #cryptocurrency
Robinhood launches #cryptotransfers in Europe, enabling users to deposit and withdraw over 20 cryptocurrencies, including #Bitcoin and #Ethereum. #Robinhood #MiCA #Europe
#Jesse Pollak, creator of Base, steps up to lead Coinbase Wallet, focusing on integrating onchain solutions and advancing crypto usability. #Blockchain #JessePollak
Ex-Binance CEO Changpeng Zhao outlines future plans in tech and education following his release from prison, emphasizing long-term impact. #ExBinanceCEO #Binance #GiggleAcademy #Blockchain #decentralizedtechnologies #AI #cryptocurrency
Join the many campaigns launched by #Bybit and #CryptoNewsLand to reward the #CNL community for their continued support. #Crypto
South Korea’s FSC approves a new foundation to secure and refund assets from inactive #cryptoexchanges, starting October. #SouthKoreaFSC #DigitalAsset #RegulationNews
Bybit introduces the first Shariah-compliant crypto account, featuring spot trading on 75 tokens and automated trading bots. #Bybit #ShariahComplaintAccount #Crypto
Arthur Hayes shifts focus from #PENDLE to #Aethir(ATH), offloading $5.61M PENDLE and accumulating $1.02M ATH amid a #cryptomarket rebound. #ATHTokens
Bitcoin’s price resilience amid a negative #Coinbase Premium suggests strong #Binance buying, as #MicroStrategy bolsters #BTCholdings. #Bitcoinprice #Cryptomarket