FTX debtors, led by CEO and chief restructuring officer John J. Ray III, have expressed disapproval of traders and market makers within the Official Committee of Unsecured Creditors (UCC) who are aiming to gain authority over assets. They believe the UCC’s plan to invest nearly $2.6 billion in cash reserves in short-term Treasurys is a bad idea amid the FTX […]

Crypto exchanges are piling in to relist Ripple’s tokens XRP on their platforms following a U.S. federal court ruling that digital tokens can’t be considered investments, and when sold through crypto exchanges. Gemini Relists XRP Following Ripple’s Court Victory Recently, the prominent crypto exchange Gemini has relisted XRP, Ripple’s affiliated token into its trading platform. This news was recently shared […]

The Reserve Bank of India (RBI), the country’s central bank, has published a press release that floated the idea of using artificial intelligence (AI) on conversational payments in the unified payments interface (UPI), which is an instant payment system developed in India.  On Aug. 10, the RBI recognized that UPI has transformed digital payments in India, citing its ease of […]

Aptos (APT) has scored a major deal with tech giant Microsoft yesterday. However, the announcement of a “partnership” between Aptos Labs and tech giant Microsoft has raised eyebrows and ignited debates across the crypto community if this is just smoke and mirrors. With the APT token witnessing a surge of nearly 20% following the news, and a significant token unlock […]

Ethereum price is aiming for a fresh increase above the $1,880 zone against the US Dollar. ETH could rally unless there is a close below the $1,830 support. Ethereum is facing major resistance near $1,875 and $1,880. The price is trading above $1,830 and the 100-hourly Simple Moving Average. There is a bullish flag pattern forming with resistance near $1,860 […]

The Solana price exhibited a bullish trend during the recent trading session, pushing it beyond the $24 mark. It surpassed a key resistance hindering its progress for over a week. Within the last 24 hours, SOL saw a rise of around 6%, with a similar price increase visible on the weekly chart. From a technical standpoint, Solana’s outlook appears optimistic […]

Colorado-based Bitcoin mining firm Riot Platforms narrowed its second quarter net loss to $27.7 million as it ramped up its Bitcoin production and reached record hash rate capacity. The crypto miner posted total revenue of $76.7 million — up 5.2% from Q2 2022 — which was primarily driven by a 27% year-on-year increase in Bitcoin (BTC) production, offset by a […]

The TON price currently hovers at $1.28, representing a 4.54% price increase in the last 24 hours. Its price gain in the last 7 days stands at 7.58%. Toncoin is likely benefiting from the positive outlook of the global crypto market, standing at $1.18 trillion, representing a 1.42% gain in the last 24 hours. But how far can the rally […]

MuesliSwap, a decentralized exchange (DEX) on the Cardano network, has announced its decision to reimburse its users that have been affected by high slippage over the past year. This is in response to the recent questions faced by the protocol on its slippage feature. Slippage refers to the price difference between when a transaction order is submitted and when the […]