WazirX creditors vote on a restructuring plan to recover losses from a $235M hack. If approved, trading could restart by April 2025, with payouts in 10 business days. Rejection delays payouts till 2030 and reduces creditor recovery chances. WazirX, the embattled Indian crypto exchange, faces a crucial vote on its restructuring plan. Creditors will choose … Read more
But perhaps his most serious allegation is that Coinbase appears to be doing little to curb the issue. America’s Largest Cryptocurrency Exchange Has Failed to Protect Its Users, According to an Onchain Analyst Pseudonymous onchain analyst Zachxbt claimed on Monday that Coinbase users, many of them elderly, have lost more than $300 million annually to … Read more
What Is This Sorcery, a trading card game being built across Ethereum networks Skale and Abstract, has launched a Kickstarter campaign to raise funds to create physical cards. But it isn’t just a fundraising tool, the game’s creators say—it’s also a way to reach a wider audience of Web2 gamers. The campaign, which launched Tuesday … Read more
Crypto markets are stirring with some familiar tokens making a comeback. MNT and ONDO have caught attention as they regain traction, reflecting the broader market upswing. However, seasoned traders and newcomers alike are buzzing about a fresh contender. This new token is quickly climbing the ranks, sparking curiosity and speculation about its potential impact. Catzilla … Read more
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Bitcoin’s price over the past sixty minutes ranged from $96,318 to $97,286, with a market capitalization of $1.92 trillion and a 24-hour trade volume of $70.59 billion, while intraday trading spanned from $96,318 to $102,614. Tuesday’s dump follows the U.S. crypto czar telling the press the President asked him to “evaluate” a strategic bitcoin reserve. … Read more
On February 5th, COINOTAG reported that Litecoin’s official Twitter account revealed the NYSE has filed a 19b-4 application with the U.S. SEC to transform Grayscale’s Litecoin Trust into a spot ETF. This pivotal development marks a significant step for Litecoin (LTC) holders, as it aligns with the growing trend of cryptocurrency integration into traditional finance. … Read more
The White House “Crypto Czar,” David Sacks, said the crypto working group established by President Donald Trump’s executive order is evaluating the establishment of a Bitcoin (BTC) reserve as an early priority for the administration. However, in response to questions about the US sovereign wealth fund also buying Bitcoin, Sacks said that would be evaluated … Read more
DEXs like Uniswap should not be held liable for user actions they can’t control, the venture capital firm said.
The working group involving four congressional committees will be separate from one studying a Bitcoin reserve under Donald Trump’s executive orders.