Five months after the spectacular implosion of FTX, the Bahamas-based exchange’s new legal team has a message for both the U.S. bankruptcy court and creditors alike: “The situation has been stabilized and the dumpster fire is out.” Author: Cheyenne Ligon
Archives for April 2023
Euler Finance Lets Users Redeem Recovered Funds Following $200M Theft
Less than a month later after the decentralized crypto lending platform was exploited for roughly $200 million, Euler Finance has for the first time since the exploit allowed users to claim their capital. Author: Sage D. Young
China’s ‘Credit Impulse’ Is Picking Up. Here’s Why It Matters to Bitcoin
Previous instances of renewed upticks in China’s credit impulse portended major bullish trends in bitcoin. Author: Omkar Godbole
Tron’s TRX Down 6% as Binance.US Delists Token
Binance.US says a variety of factors can lead to de-listing, including regulatory standing in the United States and unethical behavior. Author: Sam Reynolds
Ethereum’s Shanghai Upgrade: Here’s Our Guide to Watch Parties, Blockchain Tools
Various factions of the Ethereum community are planning watch parties to witness the first-ever withdrawals of staked ether, with the blockchain’s Shanghai upgrade (aka “Shapella”) set for Wednesday at 22:27 coordinated universal time (6:27 p.m. ET). Author: Margaux Nijkerk, Sage D. Young
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