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View More NewsThe trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31.In a Friday notice, the FTX Recovery Trust and crypto exchange said that they would distribute about $900 million to claimants in the recovery plan’s “convenience and non-convenience classes.” Eligible creditors can receive funds through their BitGo, Kraken or Payoneer accounts within one to three business days starting from July 31.The distribution will mark the fifth round of attempts of repaying FTX’s creditors. Convenience claims under $50,000 will receive a 120% reimbursement under FTX’s recovery plan, while…
from the chinagate-hoax? dept You might have heard that Donald Trump gave a weird, rambling, nonsense speech last night full of misinformation and lies, trying to spread distrust in our electoral process ahead of the 2026 midterms — so that when Republicans likely lose some of the power they currently wield across the government, Trump and his allies can pretend it was due to faulty elections. The President of the United States is literally undermining trust in elections, which is both dangerous and incredibly stupid. At a fundamental level, none of it makes sense. He’s focused on the 2020 election,…
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The rise and fall of Graham Platner, who has just withdrawn from the U.S. Senate race in Maine in which he was challenging Republican incumbent Susan Collins, makes one think of a fairy tale or myth in which a character of humble status is suddenly elevated to wealth and high status by some magical entity but is led astray by character flaws such as greed or hubris and is just as precipitously hurled back into lowly obscurity. In Graham’s case, the magical entities were progressive political operatives Dan Moraff, Leanne Fan and Moritz Katz, who thought they had found the…
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For bitcoin supporters, the reality that BTC is steadier than the Kospi is a notable victory. Still, the largest cryptocurrency remains twice as volatile…
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Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of…
Bitcoin fell to about $63,000 on Friday, down 1.7% over 24 hours and 2.2% on the week, as a deepening selloff in chipmakers dragged…
Bit Digital purchased $20 million worth of Ether earlier this month, increasing its holdings to roughly 158,462 ETH. The Nasdaq-listed company said Thursday it…
In brief Supporters say the Clarity Act would make the U.S. the global leader in crypto regulation and influence policy abroad. Critics like Sen.…
From Doe v. U.S. Dep’t of State, decided yesterday by Chief Judge James Boasberg (D.D.C.): Plaintiffs are 49 U.S. visa applicants. Their applications were…
In today’s newsletter, Hassan Ahmed outlines the state of crypto, stablecoins and regulations in Asia, comparing growth to regions with clarity.Then, in “Ask an…
Crypto exchange Gemini has partnered with Elon Musk’s SpaceXAI to launch an artificial intelligence-powered feature for its prediction markets platform that will allow users…
In brief A new CryptoQuant report shows that larger Bitcoin holders are shedding Bitcoin or adding more slowly than usual. The trend “mirrors” that…
Stone Age regulations. The post Caveman Bureaucrat appeared first on Reason.com. Read the full article here
The decentralized finance (DeFi) sector has been hit by recent criticism and negative commentary following a $20 billion drop in total value locked (TVL)…