FTX Creditors Could Recover up to 40% of Their Funds, Says Jefferies (Report)

FTX Creditors Could Recover up to 40% of Their Funds, Says Jefferies (Report)

Femenia maintained FTX victims could retrieve between 20% and 40% of their investment.

Bitcoin ATMs Across the Globe and Their Growth Over the Years

Bitcoin ATMs Across the Globe and Their Growth Over the Years

There are currently almost 40,000 bitcoin ATMs, as over 86% are located in the USA.

FTX Contagion is not Over yet, Guggenheim’s Scott Minerd Warns

FTX Contagion is not Over yet, Guggenheim’s Scott Minerd Warns

Minerd warned of "another shoe to drop" in the FTX crisis.

Low TDS Collection on Crypto May Spur Indian Government to Reduce Transaction Tax

Low TDS Collection on Crypto May Spur Indian Government to Reduce Transaction Tax

Hit by a sharp fall in trading volume, Indian crypto industry reps have been pressing the government to reduce the tax.

OKX Withdrawals on Pause as Exchange Tackles Cloud Provider Issues

OKX Withdrawals on Pause as Exchange Tackles Cloud Provider Issues

OKX is experiencing issues with its cloud providers, putting most services on pause until fixed.

Sam Bankman-Fried Won’t Contest Extradition to the US: Report

Sam Bankman-Fried Won’t Contest Extradition to the US: Report

SBF will reverse his decision to contest extradition to the US, according to a recent report.

The Metaverse Will Influence Travel Decisions in 2023, BookingCom Predicts

The Metaverse Will Influence Travel Decisions in 2023, BookingCom Predicts

In the near future, people will travel a lot. But first, they will visit their destinations in the metaverse.

a16z Leads $100M Funding Round For Web3 Privacy Layer Aztec Network

a16z Leads $100M Funding Round For Web3 Privacy Layer Aztec Network

The company plans to hire more engineers despite the intense bear market.

Distressed Crypto Platform Amber Group Secures a $300 Million Fundraiser

Distressed Crypto Platform Amber Group Secures a $300 Million Fundraiser

The funds will reach clients affected by the FTX crash, Amber Group outlined.

FC Barcelona and Crypto Exchange WhiteBIT Shake Hands on a Global Partnership Deal

FC Barcelona and Crypto Exchange WhiteBIT Shake Hands on a Global Partnership Deal

WhiteBIT will serve as FC Barcelona's Official Cryptocurrency Exchange partner until June 30, 2025.

60% of Americans Believe Crypto Investing is Highly Risky (Survey)

60% of Americans Believe Crypto Investing is Highly Risky (Survey)

Just 5% of the US respondents think there are no risks when investing in digital currencies.

Japan to Enforce Less Stringent Crypto Tax Rules

Japan to Enforce Less Stringent Crypto Tax Rules

Japanese crypto issuers might no longer have to pay 30% corporate tax on their holdings as of April 1, 2023.

Warner Music Group Delves Deeper into Metaverse, Invests in DressX

Warner Music Group Delves Deeper into Metaverse, Invests in DressX

The extent of digital asset usage in the deal has not been disclosed.

Donald Trump’s NFT Collection Sold Out in One Day

Donald Trump’s NFT Collection Sold Out in One Day

Trump’s “major announcement” appears to have attracted an audience of hungry buyers.

Solana Protocol Raydium Hacked for $2 Million

Solana Protocol Raydium Hacked for $2 Million

After Serum, another Solana-based DEX seems to have had its administrator key compromised.

Crypto.com Received a Payment Institution License (EMI) in Brazil

Crypto.com Received a Payment Institution License (EMI) in Brazil

Banco do Brasil granted CryptoCom with an EMI license.

SBF Files Another Bail Application After Unsuccesful Bid For Release

SBF Files Another Bail Application After Unsuccesful Bid For Release

SBF is currently facing civil and criminal lawsuits from US regulators. 

Binance and Crypto.com Auditor Mazars Group Pauses Work with Crypto Clients

Binance and Crypto.com Auditor Mazars Group Pauses Work with Crypto Clients

Mazars Group will not be working with crypto businesses for the time being, a spokesperson from Binance said.

UK FCA Claims Crypto Platforms Facilitate Money Laundering

UK FCA Claims Crypto Platforms Facilitate Money Laundering

British regulator the Financial Conduct Authority (FCA) has taken a massive swipe at the crypto industry, labeling exchanges as platforms for money laundering.

Bitcoin Miner Core Scientific Receives $72M Offer From Creditor to Avoid Bankruptcy

Bitcoin Miner Core Scientific Receives $72M Offer From Creditor to Avoid Bankruptcy

The investment bank stated that it believes "bankruptcy is not necessary at all."

UN Will Use The Stellar Blockchain to Send Financial Aid to Ukrainians

UN Will Use The Stellar Blockchain to Send Financial Aid to Ukrainians

The use of the Stellar blockchain will make it easier for the UNHCR to send USDC to Ukrainians in need. Who said crypto was a useless invention?

Donald Trump Announces Personal NFT Collection

Donald Trump Announces Personal NFT Collection

Trump is selling digital baseball cards depicting himself in various outfits. 

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