FTX Creditor Claims Going for 13 Cents on the Dollar on Bankruptcy Marketplace Xclaim
Claims trading platform Xclaim says it has doubled its pool of claims buyers due to interest in FTX. Original Source
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This Firm Offers 8 To 12 Cents On A Dollar Of FTX User Deposit Claims
The FTX crisis has escalated into a legal battle between bankrupt crypto exchanges and firms whose assets are stuck on its platform. Before FTX froze assets withdrawal, many crypto firms couldn’t recover their funds from the exchange. As a result, many firms have announced a potential financial crisis if their
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After Bankruptcy, FTX User Claims Pay Cents on the Dollar
By comparison, Earn account holders of bankrupt crypto lender Celsius Network may receive around 20 cents on a dollar after selling their claims, while creditors of Voyager Digital, the crypto brokerage platform that was auctioned off to FTX, may recover 40 cents on a dollar for their claims. Original Source
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Bitcoin falls below $27K to December 2020 lows as Tether stablecoin peg slips under 99 cents
Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTether wobbles as UST stays under $0.60Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it exited the range in which it had traded
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UST Resumes Spiral After Quiet Day Orbiting 90 Cents
TerraUSD fell below $0.90 late Tuesday after 12 hours of relatively stable price action. Original Source
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Terra peg mechanism in doubt as UST crashes to 67 cents
The third-largest stablecoin by market cap Terra USD (UST) appears to be in a catastrophic tailspin which has seen it de-peg from the dollar and drop to as low as $0.67 on May 10.As its price has fallen, so has its market capitalization along with that of Terra (LUNA) which
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The NFT Game That Makes Cents for Filipinos During COVID
In the early 1980s, anti-video game propaganda depicted zombie-like “vidiots” hypnotized by their Pac-Mans and their Space Invaders. Lured into the dank depths of the arcade, innocent teenagers were at risk of becoming addicted, flunking school to instead kill and destroy.Fast forward to today and video games are recognized as
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3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners
As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set
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