South Korea’s Delio declared bankrupt with $1.75B in assets lost
A creditors' meeting will be held in March, but their funds reportedly disappeared into the chaos of the FTX collapse.…
Category: Cryptocurrency
CFTC report endorses tokenizing trading collateral
Distributed ledger technology can help solve longstanding challenges in US financial markets, the report says. ...
Van Eck reissues $180K Bitcoin price target for current market cycle
Van Eck says BTC can reach a price of $180,000 this cycle but warned that elevated funding rates could be…
Coin Center warns US policies could scare away crypto investors despite Trump win
Coin Center says that while a Trump administration will undoubtedly be positive for crypto, there are still several ongoing cases…
BiT Global claims Coinbase delisted wBTC for ‘competitive advantage’
Coinbase contends the delisting was based on a standard review of wBTC’s suitability to trade on the exchange. ...
SEC Chair Gary Gensler to step down
Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald…
SEC broker-dealer rule struck down by US courts, big win for crypto
The crypto industry’s recent legal wins include the CFPB excluding crypto wallets from oversight and Gary Gensler’s planned resignation. ...
UK to deliver comprehensive crypto regulation framework by early 2025
The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes…
FTX provides a timeline for creditor and client reimbursement payouts
After two years of bankruptcy hearings, FTX creditor reimbursements are set to begin, but the FTX estate remains embroiled in…