FTX creditors unimpressed with exchange’s bankruptcy exit plan
FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be...
Monat: August 2023
MicroStrategy returns to profit and now owns $4.4B worth of Bitcoin
Michael Saylor-founded MicroStrategy disclosed it now holds 12,800 Bitcoin as of July 30, and is back in the black. Business...
AI mentions skyrocket in major tech companies’ Q2 calls
As major tech companies race to develop and deploy high-level AI systems, mentions of the technology are skyrocketing in company...
Bitcoin loses $29K as traders flag key BTC price levels to watch next
Bitcoin traders are particularly interested in the short-term holder cost basis as a potential BTC price support level. Bitcoin (BTC)...
Worldcoin launch sparks debate over data privacy and future of AI
The Worldcoin launch has sparked a new debate on the future of decentralized identity, artificial intelligence and whether iris-scanning is...
FTX releases restructuring plan, hints at rebooted offshore exchange
Reams of dockets from FTX have been filed alongside a proposed reorganization plan that could see it resurrected as an...
ConsenSys releases ‘fuzzing’ tool to test smart contract vulnerabilities
Diligence Fuzzing lets developers introduce random and invalid data points to find security flaws.
GameStop will stop support for its crypto wallets, citing ‘regulatory uncertainty’
The retail company used to be known primarily for its brick-and-mortar retail stores but has also launched an NFT marketplace...
3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenship
As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to renounce his U.S. citizenship after...
Voyager customers targeted by scammers during 30-day withdrawal period: Report
Phony websites offered customers a premium for claiming through them. In reality, they drained customers’ wallets. Scammers set their sights...
Bitcoin investor sentiment slumps to a new low, even as macro and equities show improvement
Three key Bitcoin price indicators explain why the BTC price continues to fall toward new lows. Bitcoin surpassed the $30,000 resistance...
Curve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loans
A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of...
Was Sam Bankman-Fried behind a scam project?
This week’s episode of The Market Report explores allegations that SBF was behind the recent BALD token rug pull and...
European digital asset manager CoinShares’ revenue up 33% in Q2
Proprietary trading activities contributed heavily to the revenue increase. CoinShares, a manager of Bitcoin (BTC), Ether (ETH) and various altcoin...
Toyota GR Cup will award digital trophies on Polygon blockchain to race winners
Toyota continues its ongoing exploration into integrating blockchain technology within its corporate and developmental ecosystems. The Toyota GR Cup, a...
