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The claim pricing of FTX has witnessed an astounding surge, hitting a peak of 55%, a remarkable increase from as low as 6% observed in November of the previous year. This significant shift in claim pricing has been particularly driven by the remarkable valuation of Anthropic, an artificial intelligence (AI) company in which FTX has

Binance, one of the largest and most influential cryptocurrency exchanges globally, has recently made significant announcements regarding its operations. These developments include a forthcoming Bitcoin wallet maintenance event and the delisting of 25 trading pairs. Let’s delve deeper into these actions and their implications. Binance’s decision to conduct wallet maintenance for the Bitcoin (BTC) network

PayPal, a payment industry giant that made waves by becoming one of the first major fintech companies to embrace digital currencies for payments and transfers, now finds itself facing scrutiny from the United States Securities and Exchange Commission (SEC) in relation to its U.S. dollar-pegged stablecoin. The SEC’s Enforcement Division issued a subpoena to PayPal

Bitcoin’s price prediction is brimming with optimism, as it currently trades at $34,432, marking a 0.64 percent increase on Wednesday. The cryptocurrency is edging closer to a pivotal threshold of $35,000, and the driving force behind this surge is the significant influence of crypto whales. As the world commemorates 15 years of Bitcoin, a moment

In a court-ordered liquidation process, FTX has initiated the sale of approximately $3.4 billion worth of cryptocurrency assets in weekly installments, commencing at $50 million per week. As part of this ongoing process, wallets associated with the now-defunct cryptocurrency exchange FTX and its sister company, Alameda Research, have transferred over $13 million in various alternative

Once again, the trajectory of Bitcoin’s price has seized the attention of the financial world. With Bitcoin’s closing price at $34,296 on Tuesday reflecting only a marginal decrease of less than 0.10%, the cryptocurrency’s performance remains a captivating subject for both skeptics and proponents. The newly coined term “Uptober” encapsulates Bitcoin’s stellar performance in October,

Following CoinFLEX’s unfortunate bankruptcy in 2022, Mark Lamb, a fellow CoinFLEX stakeholder and the founder of OPNX, has extended a proposal to CoinFLEX creditors, aiming to provide them with a fair resolution to their financial losses. This proposal offers a substantial package, including 25% equity in OPNX and the distribution of 1 billion OX tokens

In the ever-evolving landscape of cryptocurrency, a spark of enthusiasm reverberates through the market, with Bitcoin maintaining stability at $34,274, signaling a modest 0.75% increase on this particular Monday. However, beyond the fluctuating numbers, it is a single tweet from the iconic Elon Musk that has reignited fervor within the crypto community. While the media

A recent report from the Brazilian tax department has revealed that the trading volume of Tether (USDT) in Brazil has surpassed all other cryptocurrencies combined, underscoring the remarkable rise of this stablecoin in the country since 2021. Tether’s ascent has been nothing short of extraordinary, with its trading volume even outstripping that of Bitcoin during

In the ever-volatile landscape of cryptocurrency, Bitcoin has once again exhibited its unwavering resilience, with bullish traders successfully keeping the iconic digital currency’s price above the critical $34,000 mark. Over the past 24 hours, Bitcoin has been at the center of a whirlwind, amassing a remarkable trading volume of $18.37 billion, although it did experience