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Former Alameda Co-CEO Facing Asset Foreclosure Following FTX Crisis
Sam Trabucco, the former co-CEO of Alameda, has consented to transfer assets, such as San Francisco apartments and a yacht, to FTX creditors as part of a settlement.
Before the demise of…
Polygon’s AggLayer utilizes Agora’s AUSD as its native currency
AggLayer is now powered by AUSD on Polygon, which enhances crosschain liquidity and eliminates token bridges.
Agora, a stablecoin company, has implemented its AUSD stablecoin as the…
Conflux Foundation funds PayFi Web3 payments technology with $500M
The introduction of consumer-facing blockchain apps that provide straightforward user experiences has the potential to attract more mainstream crypto consumers.
In order to facilitate…
JPMorgan regards Trump’s deregulation of Bitcoin and crypto as a victory for U.S. banks
According to JPMorgan's Gratzer, the initial two years of Trump's administration could be "significant" for U.S. institutions if tax, deregulation, and crypto policy changes are…
Binance and Former CEO CZ Sued for $1.8B Over Fraud by FTX Bankruptcy Estate
FTX accused Changpeng Zhao of withdrawing from an acquisition agreement and making misleading statements in order to incite a bank run.
In order to optimize asset recovery for creditors,…
BitMEX Founder Arthur Hayes Reports ‘Massive Trade’ as Bitcoin and Crypto Markets Rise
Arthur Hayes, the originator of BitMEX and a seasoned veteran of the crypto industry, contends that the digital asset market is evolving into a significant trading opportunity.
According…
MicroStrategy’s Bitcoin winnings reach $10B as BTC hits $80K
According to data monitored by its portfolio, MicroStrategy's Bitcoin holdings have increased in value to more than $20 billion, resulting in over $10 billion in unrealized gains as…
Trump administration to hire Cardano inventor Charles Hoskinson as crypto adviser
Cardano creator Charles Hoskinson intends to regulate crypto alongside Trump's government.
Charles Hoskinson, Cardano's creator, hopes to work with Trump's government to clarify crypto…
Germany’s Central Bank Participates in the Global Movement Towards Tokenized Finance
Project Guardian is a worldwide effort under the Monetary Authority of Singapore (MAS) that aims to modernize financial markets via the tokenization of assets. The Deutsche Bundesbank,…
Norway is considering the potential adoption of CBDCs and has expressed an openness to MiCA
Norway is presently in the process of evaluating the prospective implementation of a central bank digital currency (CBDC).
The first comprehensive regulatory framework for the crypto…
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