FTX Files Reorganization Plan to End Bankruptcy
Asset values for creditor claims will be calculated at prices on the day FTX filed for bankruptcy in November 2022, the plan says.
2023 Was the Year That Crypto Markets Became Institutionalized: Goldman Sachs
There was a growth of regulated, centrally-cleared derivatives venues this year, the report said.
Major NFT Indicies Stable After NFT Trader Hack
Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs were returned to their owners after Yuga Labs’ Greg Solano and Boring Security DAO paid a bounty.
BONK’s Surge Send Prices of Solana Saga Phone Flying to $2K
The sealed and unopened phone boxes contain an airdrop of 30 million bonk tokens, which has seemingly revived dismal Saga sales.
Bitcoin Dips Under $41K to Begin The Week in Red as Memecoin, Ordinals Frenzy Clogs up Blockchains
Longs continue to get liquidated as the price of bitcoin and other major digital assets declines.
Polygon Stops Work on ‘Edge,’ Used to Build Dogechain, as Focus Turns to ZK
Polygon Labs, a developer of scaling networks for Ethereum, has shifted toward “Polygon CDK,” a blockchain-development kit powered by zero-knowledge cryptography. The older “Polygon Edge” was used by Dogechain, in an unofficial effort to build a Dogecoin-oriented smart-contracts network.
Bitcoin at Risk of Snapping Historic Winning Streak, but ‘Perfect Storm’ Brews for a Strong 2024
Market participants expect interest rates to fall “aggressively” in the U.S., U.K. and Europe for the next couple of years, which is more beneficial for risky assets, OANDA’s Craig Erlam said in an interview with CoinDesk TV.
Taiwanese Authorities Investigating Blockchain Betters over Polymarket Election Contract: Report
The Presidential and Vice Presidential Election and Recall Act specifically prohibits gambling on elections.
Arbitrum Hit by ‘Partial Outage’ Due to Traffic Surge
The layer-2 blockchain stopped working as intended Friday morning.
U.S. SEC Denies Coinbase’s Push for Crypto Regulations as ‘Unwarranted’
The U.S. exchange had formally petitioned the agency to start writing comprehensive crypto rules, but after “careful” consideration, the SEC said no.