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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The next Bitcoin halving is scheduled for early Q2 2024. This event will reduce miner rewards by 50%, from 6.25 BTC to 3.125 BTC, a supply shock that makes the coin scarcer. Even though historical price
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Mossab Hussein, co-founder of cybersecurity firm Spidersilk, said the surprising emails can be attributed to one of two options: "It's either FTX itself sending those emails [to notify them of the claims portal] and giving people a scare. Or, someone has "a list" of emails and is bruteforce resetting their
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Liquid staking is a decentralized finance (DeFi) subsector that lets users earn yield by staking their tokens without losing their liquidity. It has become the biggest DeFi sector in terms of total value locked (TVL), according to crypto exchange Binance’s Half-Year Report 2023. Within the report, the crypto exchange highlighted that
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OpenAI’s artificial intelligence-powered chatbot ChatGPT seems to be getting worse as time goes on and researchers can’t seem to figure out the reason why. In a July 18 study researchers from Stanford and UC Berkeley found ChatGPT’s newest models had become far less capable of providing accurate answers to an identical
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Bankrupt crypto lender Celsius is battling a Chapter 11 bankruptcy with billions of dollars in claims made by various parties. A new estimate by the Bank of the Future (BF) suggests that the troubled crypto lender could likely repay the USD claims if the price of Bitcoin and Ether, the
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OPNX, an exchange dedicated to the trading of bankruptcy claims against fallen crypto firms, has listed FTX and Celsius claims.According to the July 14 announcement, FTX claims specifically can be immediately onboarded and converted into collateral in the form of OPNX's native reborn OX (reOX) tokens or oUSD, its credit
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Users who held assets on bankrupt crypto firms FTX and Celsius Network can now trade their claims on the Open Exchange (OPNX). Source
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Cryptocurrency exchange Bitget says its total proof-of-reserves ratio has reached 223%. In a July 13 announcement, Bitget revealed that its total reserve currently stands at $1.44 billion spread across 31 different crypto assets. Reserve ratios for Bitcoin (BTC), Tether (USDT), Ether (ETH), and USD Coin (USDC) stand at 454%, 135%, 171%
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The customer claims portal for insolvent cryptocurrency exchange, FTX, went offline shortly after its debut on July 10, leaving customers unable to make claims online. Kroll, the claims agent for FTX, said they are working on resolving
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Bank of International Settlements (BIS) recently showed skepticism about the potential role of crypto in the global monetary framework, citing flaws that originate from the incentives of validators rather than the technology itself. In a comprehensive
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