USDT, stablecoin, freedom, encryption and politics: Tether's $775 million investment in Rumble's strategic chess game. Golden Finance, looking for value anchors in the political frenzy.
JinseFinanceRumble is investing up to $20 million in Bitcoin as part of its strategy to diversify its treasury and strengthen ties with the crypto community. This move follows the example of companies like MicroStrategy, which has invested billions in Bitcoin.
JoyFTX plans to return $12.6 billion to creditors, potentially boosting cryptocurrency liquidity and prices by late 2024, despite a gradual repayment process.
EdmundIn a recent update, most FTX creditors approved a bankruptcy repayment plan that could return over $6 billion to investors. However, the settlement process may extend through the end of the year before users see their funds.
KikyoFTX has unexpectedly changed its payout plans, allocating only 10-25% of recovered assets to crypto holders while setting aside $230 million for preferred shareholders. Many creditors are outraged, feeling blindsided by these revisions and frustrated that reimbursements are based on much lower asset prices from the time of bankruptcy.
JoyRumble CEO Chris Pavlovski departs Europe following the arrest of Telegram’s Pavel Durov, amidst ongoing disputes over censorship and platform moderation in both France and Russia.
WenJunKraken’s handling of Bitcoin payouts for Mt. Gox creditors has led to significant dissatisfaction due to verification issues. While the exchange insists that these issues are due to account standards, the slow response from customer support has compounded user frustration.
Xu LinMt. Gox, Opinion: Mt. Gox's 142,000 BTC compensation may trigger a sell-off. Golden Finance, This expectation stems from the long wait of Mt. Gox's creditors.
JinseFinanceIn addition to payments to bank accounts and debit cards, select content creators can now elect to have USDC earnings sent to their wallets.
Cointelegraph