Tag: Altcoin News

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Montenegro Court Officially Revokes Extradition Approval For Do Kwon

Source: Reuters The Appellate Court of Montenegro has accepted an appeal by Do Kwon’s attorneys – revoking the High Court’s decision to extradite the Terraform Labs’ founder to either South Korea or the USA. Therefore, the Appellate Court has annulled the decision of the Higher Court in the country’s capital of Podgorica. It returned the…
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Grayscale CEO Calls for Simultaneous Approval of Spot Products to Level the Field

Source: a video screenshot, Bloomberg Technology / YouTube Grayscale CEO Michael Sonnenshein believes the Securities and Exchange Commission (SEC) needs to approve spot Bitcoin (BTC) exchange-traded funds (ETFs) simultaneously.  Sonnenshein expressed his views during a recent interview with Bloomberg TV, saying that the regulatory body should strive to establish a level playing field for all…
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Crypto Exchange Listing and Delisting Announcements: December 18, 2023

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ AscendEX Listings: TurtSat (TURT) Solscription (SOLS) BTCs (BTCS) Kong (KONG) NxHub (NHUB) BNSx…
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Biggest Crypto Gainers Today on Uniswap – METIS, INJ, OX

Uniswap logo Blue-chip cryptocurrencies continue to pull lower from multi-month/year highs hit earlier in the month amid profit-taking ahead of what is expected to be a somewhat calmer and lower volume run in to the end of the year, as major market participants take time off for the Christmas holidays. Bitcoin was last trading around…
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FTX Presents Revised Plan to Distribute Billions to Customers and Creditors, Initiating Final Phase of Bankruptcy Resolution

Source: Adobe / Александр Поташев Now-defunct crypto exchange FTX has revealed its latest proposal aimed at returning billions of dollars to customers and creditors, marking the start of the final stage in resolving its bankruptcy case. While the proposal addresses several critical aspects, there are still unanswered questions that remain, such as whether FTX will…
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Ex-Central Bank Chief Says China ‘Must Lead World’ in CBDC Adoption

Source: Eagle/Adobe The former Governor of China’s central bank, Dai Xianglong, has insisted that China needs to “lead the world’ in CBDC adoption, as the nation’s digital yuan pilot continues. Per a Weibo post from the media outlet Finance iFeng, former People’s Bank of China (PBoC) chief Dai said that the move would help turn…
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FTX’s Revised Reorganization Plan Addresses Cryptocurrency Claims Valuation

Source: Adobe / Ascannio The debtors of now-defunct cryptocurrency exchange FTX have submitted an amended Chapter 11 plan of reorganization, suggesting that customer asset claims should be valued retroactively to the date of the exchange’s collapse in November last year. In a recent court filing at the United States Bankruptcy Court for the District of Delaware, the…
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Tether CEO Details Partnership with FBI and Secret Service in Letter to Legislators

Source: Unsplash Tether, the company responsible for the USDT stablecoin, has made public letters it sent to the U.S. Senate Committee on Banking, Housing, and Urban Affairs and the U.S. House Financial Services Committee, underscoring its dedication to security and close cooperation with law enforcement agencies.  In one of the recent letters, Tether CEO Paolo…
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Taiwan Police Target Crypto Influencers Linked to Polymarket Election Betting

Source: Pexels Taiwanese law enforcement has initiated an investigation into online influencers and community members involved in promoting a Polymarket contract related to Taiwan’s upcoming election.  According to a report from Taiwan-based media outlet BlockTempo, the country’s authorities have sent subpoenaes to several influencers and individuals within the crypto community. Polymarket allows users to place bets on…
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Eliminating Fees, Killing Features, Reducing Payouts and 20 Crypto Jokes

This is your weekly digest of top crypto news from Cryptonews.com, followed by a collection of 20 hand-picked crypto jokes. __________ This week in crypto: we looked into bitcoin price predictions as BTC surpassed $42,000 amidst dovish Fed signals, as well as ethereum price predictions as JPMorgan said ETH would outperform BTC in 2024, while…
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