FTX Files Reorganization Plan to End Bankruptcy

FTX Files Reorganization Plan to End Bankruptcy

[ad_1] In the new proposal, creditor and customer claims are classed according to the priority the estate plans to give them, and the value of claims will be calculated based on asset prices as of the date the company filed for bankruptcy. In a separate statement, the estate said the plan was designed to “maximize … Read more

Synthetix (SNX) Drops 18% As Crypto Market Cools Down – Details

Synthetix (SNX) Drops 18% As Crypto Market Cools Down – Details

[ad_1] The market is currently experiencing an enormous pullback after nearly a month of continuous gains. According to Coingecko, the broader crypto market is down nearly 3% as major cryptocurrencies like Bitcoin, Ethereum, and XRP drop from year-to-date highs. As the sector cools down, altcoins are pulled downward.  Synthetix is one of the sufferers of … Read more

BONK's Surge Send Prices of Solana Saga Phone Flying to $2K

BONK's Surge Send Prices of Solana Saga Phone Flying to $2K

[ad_1] “We haven’t seen a ton of signal whether that’s a compelling enough thing to sell 50,000 units,” Solana founder Anatoly Yakovenko said during an interview at the time. “I think 25,000 to 50,000 units to feel like there is a hardcore user base for developers to be compelled to ship applications.” [ad_2] Source link

Bitcoin Dips Under $41K to Begin The Week in Red as Memecoin, Ordinals Frenzy Clogs up Blockchains

Bitcoin Dips Under $41K to Begin The Week in Red as Memecoin, Ordinals Frenzy Clogs up Blockchains

[ad_1] Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set … Read more