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29 December, 2024FTX will begin paying creditors $16 billion starting January 3, 2025
FTX will begin paying creditors $16 billion starting January 3, 2025, with $12 billion of the total to be disbursed in stablecoins through Kraken and BitGo.FTX is preparing to compensate its creditors, announcing the start date as January 3, 2025. Th
18 December, 2024Crypto ETFs Set Records for Fund Inflows
On December 17, 2024, spot ETFs based on Bitcoin and Ethereum attracted $638.7 million, with $493.95 million allocated to Bitcoin ETFs and $144.74 million to Ethereum ETFs. BlackRock's fund (IBIT) led the inflows with $741.4 million, maintaining its
17 December, 2024Ripple launches stablecoin RLUSD
Ripple has officially launched its RLUSD stablecoin today, following regulatory approval received last week. RLUSD is a traditional stablecoin backed entirely by U.S. Treasury bonds, bank deposits, and cash reserves, under the stringent New York (NYD
15 December, 2024Donald Trump has confirmed plans to create a strategic Bitcoin reserve
Donald Trump has confirmed plans to create a strategic Bitcoin reserve to strengthen the U.S. position in the digital asset sector. According to him, this move will allow the United States to outpace China in adopting the crypto industry.The idea of