Bankruptcy Judge Extends Genesis’ Mediation Period, Denies Entry To FTX
The judge overseeing Genesis Global’s bankruptcy case has extended its mediation period. FTX’s request to join the court-appointed mediation talks has...
Ethereum
Judicial Panel Orders Consolidation Of Lawsuits Against FTX’s Backers And Endorsers
A judicial panel has ordered the consolidation of the lawsuits against FTX’s financial backers and celebrity promoters. A multi-district litigation has...
Tether Invests In El Salvador’s $1 Billion Bitcoin Mining Project
Tether has joined El Salvador’s Volcano Energy project to develop a Bitcoin mining farm. The billion-dollar project aims to tap into...
Met Museum In New York To Return FTX Donations Worth $550,000
Summary: The New York Metropolitan Museum is set to return over half a million dollars donated by bankrupt crypto exchange...
Binance Prepared To “Vigorously” Litigate After SEC Lawsuit
Summary: The SEC claims that Binance and its CEO Changpeng Zhao violated U.S. laws by knowingly operating an unlicensed securities...
Multichain Bridge Transactions Resume On Four Chains, MULTI Up 15%
Summary: On-chain data showed that multichain transactions on Polygon, Avalanche, zkSync Era, and Kava networks resumed on Monday.Cross-chain services across...
Do Kwon Again Granted 400K Bail In Montenegro Travel Paper Forgery Case
Summary: TerraUSD creator Do Kwon secured his $428,000 bail from a Montenegro court in a third round of judiciary negotiations.The...
FTX Objects To Genesis’ Proposed Mediation Extension
FTX has filed an objection to the mediation extension proposed by Genesis Global. As Genesis’ largest creditor, the crypto exchange took...
Marathon Digital’s Bitcoin Mining Output Up 77% In May
Marathon Digital’s Bitcoin mining output in May is up 77% from the previous month. The Bitcoin mining firm mined a record...
U.S. Lawmakers Push For Regulatory Clarity With New Crypto Bill
U.S. lawmakers Rep. Patrick McHenry and Rep. Glenn Thompson have introduced a new bill calling for clear crypto regulations. The proposed...
Binance Australia Halts Local Bank Transactions Amid On/Off Ramp Roadblock
Summary: Binance suspended Australian Dollar deposits and withdrawals on June 1 after announcing the decision in May. Australian users can...
Justin Sun’s TRX Expands To Ethereum Via BitTorrent Bridge
Summary: Tron (TRX) is now fully accessible on crypto’s largest altcoin network Ethereum, founder Justin Sun tweeted on Friday.The Tron...
Coinbase Derivatives Exchange To Offer BTC & ETH Futures To Institutional Clients
Coinbase Derivatives Exchange will begin offering Bitcoin and Ether futures to its institutional clients starting June 5. The institutional-sized futures contracts...
MakerDAO Approves Proposal To Buy $1.28 Billion In U.S. Treasuries
The MakerDAO community has voted in favor of a proposal to purchase $1.28 billion worth of U.S. Treasuries. The proposal, dubbed...
Dogecoin Investors Accuse Elon Musk Of Insider Trading
Dogecoin investors have accused Elon Musk of insider trading and manipulating the price of DOGE. The investors have requested to amend...
