Business
The judge overseeing FTX’s bankruptcy proceedings overruled two objections and approved the exchange’s motion to sell the crypto in its possession.
Bitcoin
Paxos overpaid $500,000 to move around $200 worth of Bitcoin due to an apparent bug in its corporate operations business.
NFTs
Stoner Cats, an NFT project turned cartoon series starring Mila Kunis and Ashton Kutcher, settled with the SEC following lawsuit.
Under a new remuneration plan, DCG estimates Gemini Earn users could recover between 95% to 110% of their assets.
The crypto exchange has cut a third of its staff and its CEO has departed amid scrutiny from U.S. regulators.
Lawyers overseeing FTX’s bankruptcy proceedings said it would notify the U.S. Trustee on weekly increases in its planned sale of crypto.
Ethereum
On-chain sleuths estimate crypto exchange CoinEX hot wallets have been drained of $27 million worth of crypto in a suspected hack.
Franklin Templeton enters the arena with BlackRock, Fidelity and others in the spot bitcoin ETF race.
As Circle progresses on its path, the company is strategizing to tap into the extensive market potential that lies ahead.
The founder of the Milady Maker NFT project disclosed that a developer had embezzled funds from the treasury and seized control of its codebase.