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Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit

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Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities…

Voyager Digital Provides Update on Reimbursement Plan for Creditors

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Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days…

FTX Boss Ryan Salame’s Maryland Home Searched by FBI in Unexplained Raid

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According to unnamed sources, the home of Ryan Salame, the former co-chief executive of FTX Digital Markets, was searched by the U.S. Federal Bureau of Investigation (FBI) jeudi. The grounds for the raid remain unknown, and neither Salame nor his…

Chip Giant Intel abandonne la production d'ASIC Bitcoin

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After announcing the production of bitcoin application-specific integrated circuits (ASIC), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. BK, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the…

Crypto Exchange Bitrue souffre $23 Millions de piratage

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L'échange cryptographique basé à Singapour, Bitrue, a perdu des millions de dollars américains. dollars’ valeur d'éther et d'autres pièces dans un hack. La plateforme de trading a suspendu les retraits jusqu'au début de la semaine prochaine pour effectuer des contrôles de sécurité supplémentaires et a promis d'indemniser les utilisateurs concernés.. Bitrue…

P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return

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According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, but…

Bankman-Fried de FTX utiliserait les fonds d'Alameda pour payer sa défense juridique

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According to two sources close to FTX, Sam Bankman Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave…

Turbulences extrêmes du marché: Les critiques qualifient le Silvergate de Warren de « terriblement mal informé »," SVB s'effondre, La vente de jetons de Vitalik fait bouger les marchés, and More — Week in Review

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It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, NOUS. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.” En outre, NOUS. Régulateurs…

Un analyste met en garde contre le pouvoir des banques de confisquer les fonds, Baisse du pouvoir d’achat du dollar américain

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According to Lynette Zang, chief market analyst at ITM Trading, NOUS. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. Dans une récente interview, Zang discussed how the purchasing power of the U.S. dollar has…

Starkware prévoit d'ouvrir une technologie clé open source liée à Starknet Prover

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Aux séances Starkware 2023 événement, tenue au Théâtre Cameri à Tel Aviv, Israël, Le co-fondateur de Starkware, Eli Ben-Sasson, a informé l'auditoire que la société avait l'intention de se lancer dans l'open source. “technologie clé” lié au Starknet Prover. Pendant l'événement, le co-fondateur…