Crypto

Source: Coin Tegraph A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion. Chief Judge John Dorsey rejected FTX’s debtors’ argument that the amended proof of claim (POC) from 3AC liquidators was untimely and…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Bolivia’s state-owned energy corporation, has elected to utilize crypto as a payment method for fuel imports. The country is currently grappling with a shortage of US dollars and an ongoing fuel crisis, which has resulted…

Source: Coin Tegraph The Arkansas Cryptomining Association is suing two Arkansas state officials, arguing that they enforced an unconstitutional and discriminatory state rule prohibiting foreign-born American citizens from engaging in crypto-mining activities, among other things. The complaint was made against Arkansas Attorney General Tim Griffin and the director of the Arkansas Oil and Gas Commission,…

Source: Coin Tegraph A Texas federal judge has entered a default judgment against Bancor DAO, which operated the decentralized finance platform Bancor, after it failed to respond to an online summons.  Judge Robert Pitman issued the judgment after Bancor DAO did not appear to defend itself following a summons that was posted on the DAO’s…

Source: Coin Tegraph A Democrat lawmaker has called on the US Treasury to “cease all attempts” to create a strategic crypto reserve in the United States, citing conflicts of interest with US President Donald Trump and arguing that a stockpile would not benefit the American people. House Representative Gerald E. Connolly of Michigan criticized the…

Source: Coin Tegraph Representatives of US President Donald Trump’s family have reportedly held talks with Binance about acquiring a stake in the crypto exchange. Binance reached out to Trump’s family representatives in 2024, offering to strike a deal as part of a plan to resume Binance.US operations in the country, The Wall Street Journal reported…

Source: Coin Tegraph A proposal to dramatically change Solana’s inflation system has been rejected by stakeholders but is being hailed as a victory for the network’s governance process. “Even though our proposal was technically defeated by the vote, this was a major victory for the Solana ecosystem and its governance process,” commented Multicoin Capital co-founder…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin (BTC) has been trapped below crucial price levels for the past few days, following its loss of the $85,000 mark last Sunday. Now trading at its lowest levels since November 10, 2024, BTC remains under heavy bearish pressure, with…

Source: Coin Tegraph A Democrat lawmaker has called on the US Treasury to “cease all attempts” to create a strategic crypto reserve in the United States, citing conflicts of interest with US President Donald Trump and arguing that a stockpile would not benefit the American people. House Representative Gerald E. Connolly of Michigan criticized the…

Source: Coin Tegraph Web3 marketing firm Addressable has launched cost per wallet (CPW), a new metric aimed at improving user acquisition tracking for decentralized applications (DApps) and blockchain businesses. The company claims CPW provides a more precise measure of user engagement compared to traditional Web2 marketing, where metrics such as customer acquisition cost (CAC) and…