The FTX estate plans to start distributions by March 2025
FTX plans to start distributing $16 billion to creditors by March 2025. Distributions will begin 60 days after the Chapter 11 plan becomes effective in Jan. Customers must complete KYC…
Bitcoin’s Price Slides as China Pares Stimulus Plans
Bitcoin’s September rally, where the crypto rose 21%, was driven largely by Chinese stimulus packages. Market players are underwhelmed as the Chinese government’s stimulus plans did not live up to…
Shiba Inu unveils plans for a Decentralized Autonomous Organization
Shiba Inu (SHIB) is launching a DAO to give holders a voice in governance. The DAO will feature two councils: Charity and Culture & Heritage. SHIB’s price is down 82.4%…
Tether plans to launch Dirham-pegged stablecoin
Tether will launch a Dirham-pegged stablecoin in collaboration with Phoenix Group. New stablecoin will join USDT, EURT and other Tether-issued stablecoins. Tether plans to add a new stablecoin pegged to…
Swan Bitcoin halts IPO plans and shuts down mining operations
Swan Bitcoin delays IPO plans due to shutdown of its mining operations. CEO cites reduced revenue from mining as reason for halting IPO efforts. Mining sector faces challenges, with firms…
Update: Kraken says no plans to delist USDT in Europe
Kraken is exploring all options to continue offering USDT for EU customers. Mark Greenberg, Kraken’s Global Head of Asset Growth and Management, confirmed this via a post on X. Kraken…
Nigeria plans to delist naira from all P2P crypto platforms
Nigeria aims to ban naira use on peer-to-peer (P2P) trading platforms. News comes after a meeting between the government represented by the Securities and Exchange Commission (SEC) and the blockchain…
Shiba Inu (SHIB) unveils ambitious Shibarium plans as Kangamoon steals the show
Shiba Inu unveils Shibarium plans including upgrades to ShibaSwap and the introduction of TREAT token. Kangamoon blends meme culture and Play-to-Earn using $KANG token. Ongoing Kangamoon presale has raised $5,727,717.801…
Wormhole unveils airdrop plans as investors flock to KangaMoon (KANG)
Wormhole has announced its airdrop that will see the protocol distribute over 617 million W tokens to eligible users. Investors are seizing opportunity with KangaMoon (KANG) as the SocialFi project…
Robinhood plans to list Bitcoin ETF soon as this new hybrid exchange joins the race
Robinhood to list SEC-approved Bitcoin ETFs, aligning with the convergence of crypto and finance. Pullix, powered by PLX token, introduces a hybrid crypto exchange. The PLX token pioneers “Trade-to-Earn” in…