Bankrupt FTX reveals $100M weekly crypto liquidation plan in court filing
Bankrupt FTX reveals $100M weekly crypto liquidation plan in court filingBankruptcy court to review FTX's asset liquidation plan amid Chapter 11 proceedings.
Happy Wednesday!The global crypto market cap is $1.05 trillion, with a 24-hour volume of $29.64 billion. The price of Bitcoin is $26,346.93, and BTC market dominance is 49.1%. The price of Ethereum is $1,613.60, and ETH market dominance is 18.6%. The best-performing sector is Yield Farming, which gained 8%. The Crypto Fear & Greed Index is currently Fear (41). Top News
Bankrupt FTX reveals $100M weekly crypto liquidation plan in court filingBankruptcy court to review FTX's asset liquidation plan amid Chapter 11 proceedings. OneCoin co-founder Karl Sebastian Greenwood receives 20-year prison sentenceGreenwood will also be forced to forfeit $300 million of personal funds. CoinEx suffers security breach with more than $27M thought to be compromisedThe company's ETH, TRX, MATIC, and XRP addresses have been affected. Latest Insights
More NewsTelegram integrates self-custodial crypto wallet for 800 million users, TON ralllies 14%Telegram is the world's fourth most popular messaging application. Coinbase decides on Bitcoin Lightning Network integration, promising faster transactionsThe exchange has requested community inputs for inputs on the major aspects of the integration. Elizabeth Warren criticizes upcoming closed-door AI summit between senators, tech leadersThe Massachusetts senator criticized upcoming closed-door meetings between tech leaders and legislators, calling the idea of private meetings between Congress and billionaires "just plain wrong." Binance US CEO Brian Shroder exits as exchange cuts one-third of workforceBinance has blamed the SEC's regulatory onslaught for its actions. Huobi rebrands to HTX, the ‘Huobi Tron Exchange’ in celebration of tenth anniversaryHTX saw its spot market share jump to 6.3% last month.
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Nasdaq executive says BlackRock’s first Bitcoin ETF rejection was ‘purely procedural,’ not final
Sunday, September 17, 2023
The SEC called filings related to various ETFs inadequate in June.
Elizabeth Warren’s anti-crypto bill sees surging support from 9 more Senators
Sunday, September 17, 2023
The bill wants to ensure stricter regulatory oversight over the emerging industry.
Sam Bankman-Fried blames friends, colleagues, and lawyers in unreleased document cache
Sunday, September 17, 2023
The New York Times has obtained some 250 pages of documents Bankman-Fried wrote during his house arrest, which provide a glimpse into the former billionaire's mindset during his pre-trial period.
Crypto outflows on the rise as investors bet against Bitcoin
Tuesday, September 12, 2023
Short Bitcoin investment products received their single largest inflow since March last week.
Bitcoin user’s costly error leads to record transaction fee of $510,000
Monday, September 11, 2023
The average transaction fee on the Bitcoin network was less than $3.
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