Bitmain, Anchorage Digital eye equity stake in Core Scientific comeback from bankruptcy

Core Scientific, one of North America’s largest crypto mining companies, recently filed an updated restructuring plan in its Chapter 11 bankruptcy case. The comprehensive plan involves major crypto-native companies Anchorage Digital and Bitmain taking equity stakes in Core Scientific. дальше »

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FTX founder to face charges over illegal campaign finance scheme

US authorities are preparing to charge FTX founder Sam Bankman-Fried with an illegal campaign finance scheme, per court documents filed on Aug. 8. In a twist to the legal case, the prosecutors plan to file a superseding indictment for the… дальше »

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XRP, SOL Lead Crypto Market Bounce; RLB and UNIBOT Surge on Bullish Sentiment

Trading volumes for rollbit tokens grew 500% on a revamped token buy-and-burn plan. дальше »

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Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage

If the plan is approved, Core Scientific could buy 27,000 Bitmain miners for roughly $23 million in cash and $54 million in company equity. дальше »

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Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan

The world's largest machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings. дальше »

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Bitstamp seeks new funds to go global

Bitstamp is working on its new plan to go global. In June, the company started working with Galaxy Digital Holdings to seek funding. According to Bloomberg, the crypto exchange plans to use the funding proceeds to become global by expanding… дальше »

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FTX has a plan, but creditors are not impressed: Law Decoded

A body representing FTX customers said it is “extremely disappointed” by the company’s reorganization plan.

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Michael Saylor’s Plan to Sell Additional Equity for Bitcoin Investment Proves Ultra Bullish For BTC

Late Tuesday, software developer MicroStrategy filed a prospectus supplement stating intentions to sell up to $750 million worth of stock with the intention to buy more Bitcoin, among other things. дальше »

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Elon Musk Shuts Down Speculations Of An X Coin, Says Platform Will Not Launch A Token

Elon Musk has shut down rumors that his X platform plan to launch an X token as part of the X ecosystem as certain media outlets had reported about $X and $TWITTER tokens giving the impression that they were linked to the social media giant. дальше »

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Binance’s Cryptic Algo Stablecoin Plan: Business Analyst Deciphers The Move

Binance CEO Changpeng Zhao’s recent comment about his intention to introduce an algorithmic stablecoin into the crypto market has sparked significant discourse. A key contribution to this ongoing conversation comes from Adam Cochran, an esteemed fintech executive and business analyst. дальше »

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Ripple to Expand Wider? 70% of Finance Leaders Confident in Crypto Now

Ripple has shared interesting data about global finance leaders getting more confident in cryptocurrencies and how they plan to use crypto assets дальше »

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Crypto Lender BlockFi Receives Conditional Approval For Bankruptcy Plan

In a recent development, popular cryptocurrency lender BlockFi has announced that a US court has conditionally approved its bankruptcy plan and ordered that everyone entitled to vote should vote to accept the plan. дальше »

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BlockFi conditionally approved $1B recovery plan sets stage for repayment, larger recoveries

Bankrupt crypto lender BlockFi announced that it had received conditional approval for its disclosure statement from the United States Bankruptcy Court of New Jersey, according to an Aug. 2 press statement jointly issued with its Official Committee of Unsecured Creditors. дальше »

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Kraken’s co-founder skeptical of FTX 2.0’s revival plan

Kraken co-founder Jesse Powell doubts FTX 2.0's potential to bounce back from bankruptcy дальше »

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Coinbase Looks to Add Bitcoin Lightning for Payments

The move is part of the exchange's broader plan to improve cryptocurrency-based payments globally. дальше »

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U.S. debt ceiling hike: A gateway to exponential borrowing

Quick Take After the U. S. government’s decision to suspend the debt limit till 2025, the national debt has swelled to a staggering $32. 6 trillion from nearly $32 trillion in June. With the Treasury’s new plan to borrow an additional $1. дальше »

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FTX reorganization plan announced, FTT rallies

The fallen cryptocurrency exchange FTX and its Unsecured Creditors Committee (UCC) announced its plan to reorganize and launch a new project called FTX 2.0. On May 23, the exchange revealed its initial plan to relaunch the project with its new… дальше »

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FTT Token Surges 17% After FTX Confirms Rumors Of Relaunch

Bankrupt crypto exchange FTX has submitted a proposal that may result in the relaunch of its international arm FTX. com. On August 1, the company’s bankruptcy administrators confirmed rumors of a relaunch by filing a draft plan of reorganization in which it proposes the kick-off of a “rebooted” offshore exchange exclusive to non-US users only. дальше »

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FTX To Eliminate FTT Token, Suggests Creditors Be Paid In Cash

In a recent development, the bankrupt FTX crypto exchange has announced a draft creditor-repayment plan as part of its ongoing bankruptcy restructuring procedure. The freshly revamped exchange intends on clearing out its digital token FTT while settling customer claims in cash. дальше »

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FTT holders left hanging in proposed FTX restart plan

Bankrupt FTX has submitted a proposal to restart its international exchange if it can get the offshore customers to agree, according to a July 31 court filing. FTX restart plan According to the filing, FTX classified its creditors into different categories, including one that called its international users the “dotcom customers. дальше »

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FTX Plans to Restart Crypto Exchange for International Customers

Proposed re-organization plan provides a pathway for a specific class of debtors to pool assets to create a new, offshore exchange. дальше »

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Shanghai to implement blockchain infrastructure by 2025

Shanghai’s government unveiled an implementation plan on July 31 aimed at propelling the growth of its urban blockchain digital infrastructure system from 2023 to 2025. The plan is designed to drive the city’s digital transformation and bolster blockchain adoption in… дальше »

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Shanghai Releases Sweeping Plan for ‘Pujiang Digital Chain’

Shanghai officially releases ambitious plans for its regional blockchain.

The post Shanghai Releases Sweeping Plan for ‘Pujiang Digital Chain’ appeared first on BeInCrypto.

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China’s Blockchain Plan For Shanghai By 2025

China’s commitment to the blockchain sector remains steadfast as it gears up to develop blockchain infrastructure in Shanghai by 2025. The city’s governor unveiled an implementation plan on July 31st, outlining the strategic goal of advancing Shanghai’s digital development. дальше »

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Chinese city implements plan for blockchain digital infrastructure system by 2025

The government of Shanghai has implemented a strategic plan to develop its urban blockchain digital infrastructure system between 2023 and 2025. дальше »

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Ripple Won’t Shy Away from Defending XRP Legal Win in SEC Appeal — A Look At What To Expect

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Unblocking Crypto: How to Access The Asset Class

Since many options are available for digital asset investment and we see more digital asset investment vehicles, now is a great time to start. Understanding the choices available for will help clients of advisors plan how to support them. дальше »

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Can Polygon (MATIC) Price Avoid Dropping to $0.50 Amid Token Migration Fears? 

MATIC price dips 18% after Polygon's "POL" token migration plan reveal, sparking bearish sentiment among the community. The post Can Polygon (MATIC) Price Avoid Dropping to $0.50 Amid Token Migration Fears?  appeared first on BeInCrypto. дальше »

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KuCoin dispels layoff rumors, CEO cites ‘normal’ personnel adjustments

Crypto exchange KuCoin denied “any alleged layoff plan,” according to a July 25 email statement to CryptoSlate. On July 25, Wu Blockchain, citing three unnamed internal employees, reported that KuCoin planned to lay off 30% of its workforce. дальше »

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Worldcoin’s Shady History and Data Collection Practices: MIT Technology Review

Worldcoin has been courting users with a plan as ambitious as it is controversial and was recently launched on July 24, 2023. Built on the promise of an equitably distributed,... дальше »

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Elon Musk’s Twitter Rebranding Announcement Catapults Dogecoin (DOGE) Price

Musk's Twitter rebranding has polarized crypto Twitter, but the billionaire's track record suggests this plan could succeed. The post Elon Musk’s Twitter Rebranding Announcement Catapults Dogecoin (DOGE) Price appeared first on BeInCrypto. дальше »

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Cardano's Plan to Surpass Ethereum Takes New Turn, Here's How

Cardano is in obvious lead over Ethereum, per native tokens locked in their DeFi protocols дальше »

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Bitcoin Blood Money: Woman Gets 5 Years For Hiring Crypto Hitman To Kill Ex-Husband

In a shocking revelation on the dark net, Bitcoin played a chilling role in a sinister plot masterminded by Kristy Lynn Felkins, a 38-year-old woman from Nevada. Intent on carrying out an evil act, she sought the services of a hitman to execute a deadly plan targeting her ex-husband. As the cryptocurrency paved the way […] дальше »

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Celsius reaches settlement that will enable users to receive assets by year-end

Celsius has reached settlements that will allow it to return user assets by the end of 2023, the Wall Street Journal reported. Celsius’ reorganization plan involves returning only part of the crypto users deposited on the platform. дальше »

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Sam Bankman-Fried’s brother planned to buy island and prep for apocalypse: court filing

According to court documents, Gabriel Bankman-Fried wrote a memo to the FTX Foundation with a plan to build a bunker to survive “some event where 50%-99.99% of people die." дальше »

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Polygon's expansion plan: All you need to know

The Polygon team has introduced a governance framework that is supported by three "main pillars." The price of MATIC, Polygon's native token, grew by 8% following the announcement. On 19 JuThe post Polygon's expansion plan: All you need to know appeared first on AMBCrypto. дальше »

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UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling

The Treasury says it has learned lessons from FTX's collapse, and that gambling law doesn’t deal with crypto risks. дальше »

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RFK Jr. Announces Bold Plan To Back Dollar With Bitcoin, End Bitcoin Taxes

Democratic Presidential Candidate Robert F. Kennedy Jr. articulated specific Bitcoin-focused policies, including backing the U.S. dollar with bitcoin, at a recent campaign event. дальше »

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Nasdaq Halts Plan for Crypto Custody Service Due to U.S. Regulatory Conditions

The stock market operator had said in March, that it was putting together infrastructure and regulatory approval for the custodian service. дальше »

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Chainlink price prediction: LINK just formed a double top pattern

Chainlink announced a new plan to expand in the traditional finance industry. It unveiled the Cross-Chain Interoperability Protocol (CCIP). The coin has formed a double-top pattern on the 4H chart. дальше »

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Polygon Labs proposes replacing ‘MATIC’ token with upgraded ‘POL’ in ecosystem expansion plan

Polygon Labs has revealed a technical proposal to upgrade its MATIC token to POL, a hyperproductive third-generation native asset, according to a July 13 blog post. What is POL? According to its whitepaper, POL will be the native token of the Polygon and will be a significant tool for coordinating and incentivizing the whole ecosystem. дальше »

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Ripple Ally LBRY's Wind-down Plan Leaves LBC Token Price Uncertain

LBC token price indecisive as Ripple ally LBRY makes move to wind down дальше »

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Hedge Funds' Long-Term Crypto Interest Remains Robust Even as Proportion Investing Drops: PwC

The percentage of funds with crypto exposure fell to 29% from 37% in the past year, though no traditional hedge funds plan to decrease their exposure in 2023. дальше »

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PwC hedge fund survey finds crypto remains viable despite recent market turmoil

The portion of traditional hedge funds investing in crypto fell, but many of those still in the market plan to increase crypto investing this year. дальше »

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Buy Bitcoin Six Months Before the Halving and Sell 24 Months After, Says Renowned Analyst

Plan B’s "Stock-to-Flow Trading Rule" utilizes Bitcoin's halving cycle to optimize investment returns. This strategy outperforms simply buying and holding Bitcoin by timing market entries and exits around these scarcity-induced price surges. дальше »

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Celsius’s bankruptcy-induced liquidation plans could pressure overall crypto market: Kaiko

Bankrupt lender Celsius’s plan to liquidate its altcoins for Bitcoin (BTC) and Ethereum (ETH) could exert more pressure on the crypto market, according to a July 10 report from blockchain analytical firm Kaiko. дальше »

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Bitcoin Community and Adam Back Respond to Elon Musk's New Tweet

Adam Back has plan for how Bitcoin can help make Twitter more secure place дальше »

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Scam Alert: Multichain Hack Victims Targeted by Fantom (FTM) Impersonators

Beware of scam: No, Fantom Foundation does not plan to reward those affected by Multichain saga with FTM tokens дальше »

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BIS reveals protection plan for CBDCs against cyber threats

The Bank for International Settlements (BIS) has released a plan to protect central bank digital currencies (CBDCs) from cybersecurity threats in the decentralized finance (DeFi) sector дальше »

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Compound (COMP) Token Rallies Over 100% After CEO Quits – Details

Robert Leshner, the well-known creator of the DeFi lending platform Compound Finance, has resigned from his position as the CEO of the DeFi lending protocol. Leshner recently announced his plan to launch Superstate Trust, a new business venture. дальше »

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