
FTX and Alameda Settle $12.7 Billion Lawsuit with CFTC
This agreement is expected to aid in settling FTX’s Chapter 11 bankruptcy and alleviating the financial consequences of its collapse.
This agreement is expected to aid in settling FTX’s Chapter 11 bankruptcy and alleviating the financial consequences of its collapse.
While Kamala Harris is still making efforts to garner support from the crypto industry, her rival Donald Trump has already won many hearts despite his past complicated relationship with crypto.
Since the latest major downturn, Bitcoin has stabilized within the $55,000 to $57,000 range.
Following the news of the Binance listing, TON has seen a notable rise in its market value.
The team advised holders to burn their $PAC tokens before August 14.
Solana price against Ethereum has broken out to a new all-time high, thus signaling rising crypto cash rotation to the altcoin industry.
According to CryptoQuant’s most recent data, Bitcoin is now positioned below the zero mark on the Bull-Bear Market Cycle Indicator.
Judge Analisa Torres stated that the case “does not involve allegations of fraud, misappropriation, or other more culpable conduct” by Ripple. The judge reduced penalty by 94% from the SEC’s demand of $2 billion.
“My biggest concern is crypto becoming politicized,” Paul Grewal, Coinbase’s Chief Legal Officer, stressed in an interview at the Asia Blockchain Summit.
Hundreds of Ethereum wallets that were inactive for nearly 3.3 years have started moving a large number of Ethereum coins. Reports suggest that these wallets moved a total of 789,533 ETH valued at a staggering $2 billion.
The United States alone has 31,649 Bitcoin ATMs, marking 82.6% of the world’s machines.
The use of blockchain reduces administrative overhead and minimizes errors by automating manual processes via self-executing smart contracts.
Alongside its recent achievement, Bybit has launched a new offering called Pre-Market Perpetuals.
News of the hack has caused a dramatic drop in the NXRA token’s value, plummeting 40%.
The crypto industry has become a battleground for many candidates seeking offices in the forthcoming US election in November.