Customers of collapsed crypto exchange FTX will soon get their money back after a judge gave the green light on Monday to the firm’s bankruptcy plan, following nearly two years of recovering funds and reaching various settlements. Judge John Dorsey in the U.S. Bankruptcy Court for the District of Delaware approved the plan to pay back former clients of the…
TAO rallied 164% in the last 30 days and data suggests there is room for the AI token to move higher. Source: https://cointelegraph.com/news/bittensor-tao-leads-ai-token-rally-with-160-monthly-gain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Roughly two years after the crypto exchange collapsed and many of its executives faced criminal charges, the Oct. 7 court decision was a step forward for reimbursing FTX users. Source: https://cointelegraph.com/news/judge-approves-ftx-liquidation-plan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
On Wednesday, Oct. 9, 2024, HBO is set to premiere a documentary titled “Money Electric,” which reportedly claims to unveil the identity of Bitcoin’s mysterious creator, Satoshi Nakamoto. Ever since the announcement, the internet has been buzzing with discussions on social media, forums, and news outlets, all wondering if the documentary will provide any credible […] Source: https://news.bitcoin.com/google-trends-shows-soaring-interest-in-satoshi-nakamoto-ahead-of-hbos-money-electric/
Nvidia faces renewed scrutiny over alleged misrepresentation in crypto mining-related sales, with the US DOJ and SEC backing the case. Source: https://cointelegraph.com/news/supreme-court-approves-nvidia-investor-lawsuit-crypto-mining-sales?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Black Forest Labs, the studio behind the Fluxfamily of AI image generators, announced last week the release of Flux 1.1 [Pro]. This comes just two months after the release of its original family of models including Flux 1 Pro (a closed source model with industry-leading capabilities), Flux 1 Dev (a noncommercial, open source model) and Flux Schnell (a fully open…
The news comes amid the company’s 10-year anniversary celebration. Source: https://cointelegraph.com/news/tether-user-base-350-million-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price opened the week with a bang as altcoins and stocks turned green, but $65,000 to $66,500 remains a tall hurdle for BTC to overcome. Source: https://cointelegraph.com/news/price-analysis-10-7-spx-dxy-btc-eth-bnb-sol-xrp-doge-ton-ada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s hashrate has been climbing steadily, closing in on its peak of 693 exahash per second (EH/s) recorded on Sept. 8. At present, it’s cruising just shy of that record, clocking in at 680 EH/s. Block times have been quicker than the typical ten-minute average, and as we approach Oct. 9, the network’s difficulty is […] Source: https://news.bitcoin.com/bitcoin-hashrate-inches-closer-to-record-as-difficulty-rise-looms/
Crypto exchange Bitget promised Monday to remunerate holders of its Ethereum-based BGB token, shortly after the cryptocurrency lost more than half its value in a sudden “flash crash.” The token plunged roughly 52% to $0.54 from $1.14 at around 10:30pm ET on Sunday before recovering most of its value within an hour, according to CoinGecko data. Bitget attributed the flash…
