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As per reports, public bankruptcy markets are currently valuing distressed FTX assets at around $0.16 on the dollar. In an interesting development, the FTX bankruptcy claims are up for sale in private over-the-counter (OTC) markets. Sources familiar with the matter said that distressed fund assets can pick up these claims. FTX Bankruptcy
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Meanwhile, Tesco plans to expand its rapid delivery series Whoosh to 800 stores by the end of the month. British multinational grocery and general merchandise retailer Tesco (LON: TSCO) is considering selling its banking business arm. This comes as the retailer plans to review its presence in the banking sector
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“Unstaking by Kraken could result in a minimum of 350K up to a maximum of 1.145m additional ETH that could potentially circulate in the market when the staked ETH withdrawals are enabled in the Shanghai Fork,” wrote David Duong, head of institutional research. The Shanghai Fork will allow ether that
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According to the FT report citing filings, DCG's recent share sales have focused on the ethereum fund, where the group has moved to sell about a quarter of its stock to raise as much as $22M in several trades since January 24. The company is selling at about $8 per
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Bitcoin (BTC) refused to surrender gains at the Jan. 23 Wall Street open as United States equities opened higher.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar sags as risk assets reject retracementData from Cointelegraph Markets Pro and TradingView showed BTC/USD continuing to circle $22,800 at the time of writing.The pair had
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With the “Merge”, the Ethereum blockchain successfully mastered the biggest upgrade in its history on September 15 last year. Even before the switch to Proof of Stake (PoS), investors were able to stake ETH to receive rewards. However, the prerequisite was that a minimum of 32 ETH had to be staked
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Place/Date: - January 16th, 2023 at 5:10 am UTC · 3 min read Source: Snowfall Protocol Snowfall Protocol (SNW) has been a huge success so far, and many experts are tipping the SNW token to eclipse the incredible runs of Dogecoin (DOGE)
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The SEC also revealed that Genesis and Gemini generated assets worth hundreds of dollars from hundreds of thousands of investors.On the 12th of January, the US Securities and Exchange Commission (SEC) charged crypto exchange Gemini and crypto lending firm Genesis Global Capital with offering and selling unregistered securities. Both companies
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Ripple CTO David Schwartz voiced harsh criticism against the Flare Network in a series of tweets today. After more than two years following the snapshot for XRP holders, the project finally conducted its airdrop for the FLR token on Monday, January 9. As NewsBTC reported, the FLR token already experienced a
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The platform has facilitated successful NFT drops from artists like Micah Johnson, Drifter Shoots and Refik Anadol, bridging the gap between Web2 platforms and Web3 technology. Source
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