News

FTX proposes ‘billions in compensation,’ but not everyone’s happy
May 7, 2024 5:31 PM

FTX’s latest proposal could repay creditors as much as $16.3 billion, but some argue the plan still falls short of being fair.

Grayscale withdraws its Ethereum futures ETF application
May 7, 2024 4:05 PM

The withdrawal comes a little over two weeks before the United States securities regulator is forced to make a decision on at least one spot Ether ETF application.

Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act
May 7, 2024 3:59 PM

U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange.

Philosopher Yuval Noah Harari warns of AI’s risks in finance
May 7, 2024 3:49 PM

The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system.

Susquehanna International Group adds $1B in Bitcoin ETFs to portfolio
May 7, 2024 3:27 PM

According to a filing with the U.S. SEC, Susquehanna International Group invested more than $1 billion in Bitcoin ETFs in Q1 2024.

Ethereum price lags due to ‘weaker capital rotation,’ but crypto macro uptrend remains
May 7, 2024 2:40 PM

ETH price has underperformed Bitcoin, but Glassnode analysts say data suggests the crypto market remains in the “early stages of a macro uptrend.”

SEC pushes back against Terraform’s claims fraud happened outside US
May 7, 2024 1:46 PM

Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin.

My traumatic Apple ID hack showed pitfalls of centralized identity
May 7, 2024 1:45 PM

A breach of your Apple ID can leave you all but helpless to prevent attackers from poring over and stealing the contents of your life.

Here’s what happened in crypto today
May 7, 2024 1:36 PM

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Why is the crypto market down today?
May 7, 2024 1:19 PM

The crypto market is down today as U.S. macroeconomic headwinds and a harsher regulatory stance from the SEC impact investor sentiment.

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