US court gives Three Arrows nod to increase its FTX claim to $1.53B
3AC liquidators have been trying to claw back funds held by the hedge fund on FTX since it filed a June 2023 claim in the…
Category: Cointelegraph
Texas court issues judgment against Bancor DAO after it ignored summons
Bancor DAO has failed to answer or otherwise defend itself within the time allowed, said the Texan federal judge. A Texas federal judge has entered…
Democrat lawmaker urges Treasury to cease Trump’s Bitcoin reserve plans
A Democrat lawmaker has demanded the US Treasury prevent the Trump administration from pursuing a cryptocurrency reserve, flagging the president’s alleged conflict of interest. A…
Association seeks to overturn Arkansas law aimed at foreign crypto miners
An Arkansas crypto mining group has taken action against two state officials who they claim enforced an unconstitutional law restricting a foreign-born US citizen’s mining…
Solana proposal to cut inflation rate by up to 80% fails to pass
Solana’s SIMD-228 proposed to dynamically adjust Solana’s inflation rate based on staking participation. A proposal to dramatically change Solana’s inflation system has been rejected by…
Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boost
Bitcoin price faces pressure, but macroeconomic trends and regulatory shifts could drive future growth with BTC poised to reach six-figures once again. Bitcoin (BTC) price…
Hyperliquid ups margin requirements after $4 million liquidation loss
The exchange’s liquidity pool, HLP, suffered a $4 million loss while unwinding a roughly $200 million liquidated trade on March 12. Hyperliquid, a blockchain network…
Ethereum pushes back Pectra upgrade to conduct third testnet ‘Hoodi’
An upgrade that aims to bring more functionality to Ethereum wallets will be delayed until at least late April. Ethereum core developers have decided to…
MoonPay acquires API stablecoin infrastructure platform Iron
The integration of Iron’s technology will allow businesses to manage multicurrency treasuries and establish stablecoin payment rails for customers. Cryptocurrency payments company MoonPay is expanding…
Senate Banking Committee advances GENIUS stablecoin bill
Although the GENIUS stablecoin legislation faced some opposition from Democrat lawmakers, advancing the bill was a bipartisan effort. The United States Senate Banking Committee elected…