FTX to Sell $873 Million Worth of Assets in Move to Repay Creditors
The post FTX to Sell $873 Million Worth of Assets in Move to Repay Creditors appeared first on Coinpedia Fintech News Since FTX is expected to relaunch at the beginning…
Sam Altman Officially Resumes the CEO Role at OpenAI!
The post Sam Altman Officially Resumes the CEO Role at OpenAI! appeared first on Coinpedia Fintech News Sam Altman has returned as CEO of OpenAI, following his unexpected departure earlier…
Brazil Approves 15% Tax on Crypto Income from Foreign Exchanges!
The post Brazil Approves 15% Tax on Crypto Income from Foreign Exchanges! appeared first on Coinpedia Fintech News Brazil’s Senate has approved a bill that will impose a 15% tax…
Bitcoin Sellers Are Exhausted While Buyers Wait for the Dips: What’s Next for the BTC Price?
The post Bitcoin Sellers Are Exhausted While Buyers Wait for the Dips: What’s Next for the BTC Price? appeared first on Coinpedia Fintech News The crypto markets are again consolidating…
Bitcoin Price Prediction as It Breaks $38,000 Again – Will $40,000 Be the Next Milestone?
Bitcoin (BTC), the leading cryptocurrency, has once again surged past the $38,100 threshold, reflecting renewed market confidence amid global economic shifts. This rally may be partially attributed to the Federal…
FTX Granted Court Approval to Liquidate $744 Million Grayscale Trust Assets
Bankrupt cryptocurrency exchange FTX just has received approval from a bankruptcy court to sell its stakes in digital trusts managed by Grayscale Investments, according to a bankruptcy court document filed on Friday.…
South Korean Police Arrest 48 in ‘Crypto-powered Drug Trafficking’ Raids
Source: Angelov/Adobe Police in the South Korean city of Daegu say they have raided a “drug trafficking organization” that used crypto as a payment tool – and arrested 48 people.…
SoFi to Exit Crypto Business Amid Increased Regulatory Scrutiny
Source: Adobe / Goodpics SoFi Technologies Inc., a financial services company, has decided to exit the cryptocurrency sector due to increased scrutiny by banking regulators. On November 29, the company…
Binance Retains Leading Position Among Crypto Exchanges Despite DOJ Fiasco
TL;DR Despite recent troubles, including a $4.3 billion fine settlement with the US DOJ and a leadership change with CEO Changpeng Zhao resigning, Binance maintains its position as a leading…
Velodrome and Aerodrome DEXs Face Frontend Attacks
Velodrome, the second-largest DEX on the Optimism network, and its fork, Aerodrome, the leading DEX on Base, have reported a compromise in their respective frontend systems. Following the incident, both…
Best Crypto to Buy Now November 29 – Stacks, THORChain, Celestia
Stacks, THORChain, and Celestia surge as investors look for the best crypto to buy now. Image by cryptonews.com. With a nearly 11% surge on yesterday’s close and a new 5-month…
IOTA Rolls Out $100M Abu Dhabi Foundation, Targets Middle East
Source: Adobe/prima91 Open-source blockchain platform IOTA has unveiled its Abu Dhabi Foundation as part of its strategy to kickstart its Middle East expansion plans. IOTA is the first #DLT Foundation…
BlackRock Revises Bitcoin ETF Model To Appease SEC Concerns
BlackRock Office BlackRock executives held another meeting with the Securities and Exchange Commission (SEC) on Tuesday to discuss the firm’s application to launch a Bitcoin (BTC) spot ETF in the…
SEC Calls for Public Input on Franklin Templeton and Hashdex Bitcoin ETFs
The United States Securities and Exchange Commission (SEC) has outlined the next steps in evaluating the proposed Franklin Templeton and Hashdex spot Bitcoin exchange-traded fund (ETF) applications. Observers speculate that…
Wormhole Sells $225M of Token Warrants in 2023’s Largest Crypto Raise
Wormhole, a protocol that enables tokens and data to move across blockchains, has secured $225M in funding at a $2.5B valuation. Investors include Coinbase Ventures, Multicoin Capital, which led Solana’s…