FTX to fully repay investors after bankruptcy plan receives judge approval
FTX to repay 98% of its users around 119% of their claim value Distributions will be made to creditors across more than 200 jurisdictions FTX collapsed in November 2022 amid…
Infinex integrates Wormhole to power multi-chain DeFi app
Infinex is integrating Wormhole Connect for multi-chain in-app token transfers for its users. The DeFi platform will also use Wormhole Queries to bolster security and for cross-chain asset recovery. Infinex,…
National Bank of Bahrain launches a Bitcoin investment fund
The National Bank of Bahrain launches the GCC’s first Bitcoin investment fund. The fund offers accredited investors exposure to Bitcoin as a capital-protecting option. Bahrain ranks fifth globally in Bitcoin…
Polymarket prediction data shows Trump taking the lead over Harris
Polymarket shows Trump leading the race; however, other betting trackers show Harris still in the lead The Republicans have seen 102,000 new registered voters compared to the Democrats’ 96,000 Elon…
Japan’s Metaplanet buys $7M Bitcoin, now holds to $40.5M BTC
Metaplanet boosts Bitcoin holdings to 639.5 BTC as of Oct. 7. The company’s stock price has surged 11%, with a 544% year-to-date gain since May 2024. It has so far…
21.co taps Crypto.com to enhance Bitcoin liquidity for 21BTC
21.co and Crypto.com announced a strategic partnership aimed at bolstering liquidity for the wrapped Bitcoin token 21BTC. The partnership also aims at enhancing accessibility for the token. Crypto.com and 21.co,…
The UAE Exempts Crypto Transactions from VAT
The UAE updated its tax laws to exempt crypto transactions from value-added tax. The change will take effect on November 15 but retroactively apply to transactions from January 1, 2018.…
Australians considered “easy prey” for crypto scam call centers
Call centers avoid targeting Americans because they didn’t want the FBI after them Australians are targeted because the AFP is less likely to go after the scammers A former call…
Tether to release documentary on its mission to bring financial freedom on 10th anniversary
Tether is building a financial tool for the “people left behind” The stablecoin was created in 2014 by Brock Pierce, Reeve Collins, and Craig Sellers It remains the largest stablecoin…
Shiba Inu and Rexas Finance grab eyeballs with strong performances, is now still a good time to buy?
As we head towards the end of the year, the cryptocurrency market is still demanding attention with a lot of exciting activities and surprises. Among these are Shiba Inu (SHIB)…