June 25, 2024
FTX Seeks OK to Pay Customers Back in Cash
Bankrupt cryptocurrency exchange FTX is set to ask permission to repay customers in cash. As Reuters reported Tuesday (June 25), the company will ask a judge to allow its customers to vote...
June 18, 2024
‘Aggrieved’ FTX Customers Seek $8 Billion in Forfeited Assets
A group of FTX customers say $8 billion of the company’s forfeited assets are rightfully theirs. As Coindesk reported Tuesday (June 17), these customers are seeking a ruling that those forfeited assets do...
June 14, 2024
NYCB Discloses Signature Bank’s Total Fair Value Was $37.8 Billion
New York Community Bancorp (NYCB) released financial information about its March acquisition of certain assets of Signature Bridge Bank, the successor to Signature Bank, from that bank’s receiver, the Federal...
June 12, 2024
This Week in Web3: Growing Crypto Acceptance and Cross-Border Payments
The state of crypto, just like the crypto market, remains promising – if volatile – in 2024. While many observers may have believed that the crypto space would simply disappear...
June 05, 2024
This Week in Web3: Cross-Border Payments, Crypto Investments, User Education
Blockchain-based technologies may one day change the worlds of finance and payments. But so far, they haven’t. At least, not in the sweeping and transformative manner that early proponents of...
June 04, 2024
FTX Asks Judge to Stop Class Action Complaints
FTX reportedly aims to stop class action complaints and other lawsuits that target company insiders and venture capital firms accused of being involved in the collapse of the cryptocurrency exchange....
June 03, 2024
Sam Bankman-Fried to Remain in Brooklyn Prison to Prepare Appeal
Sam Bankman-Fried is reportedly back in a prison in Brooklyn after the Bureau of Prisons (BOP) began moving him to a facility in California, the state in which his parents...
June 03, 2024
Use Cases for Blockchain Gain Momentum as User Experience Simplifies
End-users of technologies don’t want to think — they just want to use. And out-of-the-box usability is particularly essential when it comes to next generation innovations disrupting payments and commerce....
June 03, 2024
President Biden Vetoes Crypto Custody Bill
By: Anthony Ha (TechCrunch) President Joe Biden has vetoed H.J.Res. 109, a congressional resolution aimed at overturning the Securities and Exchange Commission’s (SEC) current stance on banks and crypto. The...