FTX Recovery Trust announced that they will begin distributions of more than $5 billion to approved creditors on May 30, 2025, as outlined in the Chapter 11 Plan of Reorganization. This will apply to holders of allowed claims in the Plan’s Convenience and Non-Convenience Classes who have completed all pre-distribution requirements. “Eligible creditors should expect … Read more
The cryptocurrency market has witnessed a significant downturn as of May 15, according to historical data. The **U.S. stock market** experienced a rocky start, with notable declines in major indices: the **Dow Jones** dropped by **0.5%**, the **S&P 500** decreased by **0.3%**, and the **Nasdaq** fell by **0.6%**. Among the top **cryptocurrency-related stocks**, **Coinbase** (COIN) … Read more
Elon Musk’s chatbot Grok, developed by his artificial intelligence company xAI, shocked users on Wednesday after it responded to a question on X claiming that it had been “instructed to address the topic of white genocide in South Africa.” The comment was first reported by CNBC, which claims to have reviewed multiple user interactions where … Read more
Coinsilium Group Limited, which became the first blockchain firm to IPO in 2015, has launched a Bitcoin treasury strategy, raising £1.25 million in an oversubscribed placing to accelerate its Bitcoin treasury initiative through Forza (Gibraltar) Limited, its fully-owned treasury vehicle. The placing, priced at 3 pence per share, will fund the next phase of the … Read more
The crypto market is showing no signs of slowing down and Ripple (XRP) is on fire with its recent price action. Trading at $2.65, XRP has risen 20% this month with a mix of regulatory wins and speculation around an XRP ETF. While Ripple’s momentum is attracting retail and institutional attention, a new player in … Read more
Data shows that Ripple’s stablecoin RLUSD has crossed the 300 million threshold in total issuance. By the close of April, RLUSD’s circulating supply expanded from 294 million to its present total of 312 million coins. RLUSD Supply Jumps Past 300M Coins Ripple’s dollar-linked stablecoin RLUSD has expanded its supply by 61.66% since March 31. Following … Read more
Key drivers include capital controls and Treasury devaluation. US election outcomes could accelerate or delay BTC gains. European policy divergence adds regulatory uncertainty. Bitcoin is trading around $103,025, but forecasts for its long-term growth are becoming increasingly ambitious. One of the most widely discussed predictions comes from Arthur Hayes, co-founder and former CEO of crypto … Read more
This content is provided by a sponsor. PRESS RELEASE. As 2025 kicks off a new era in the crypto industry, choosing the right crypto exchange for your first token listing has never been more critical. Among hundreds of options, P2B stands out as the best crypto exchange for launching your project, offering a perfect balance … Read more
The slow adoption of stablecoins in Canada has some local crypto industry observers concerned that the country is falling behind. The Canadian Securities Administrators (CSA) classified stablecoins as “securities and/or derivatives” in December 2022 after the FTX debacle that shook markets and turned many lawmakers against the crypto industry. Regulating stablecoins as a security has … Read more
Increasing a portfolio by 15200% within several months is not a fundamentally easy task, but the status of Mutuum Finance (MUTM) during its presale is contributing a lot to investor outcry. The presale to date has generated $8,200,000 with 465 million tokens bought by 9800 investors. At $0.025 and on the brink of its fifth … Read more