Tag: Crypto

FTX’s Initial $1.2B Payout Process to Creditors Is Underway

Creditors of the collapsed cryptocurrency exchange FTX with claims below $50,000 have started receiving their payouts, which include 9% annual interest accrued since November 2022. Multiple users on the FTX subreddit have reported receiving funds on accounts at crypto exchange Kraken with the added interest on top. Creditors are...
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Institutions Can Earn Bitcoin Yield With lstBTC While Retaining Custodian Security

Maple Finance, BitGo, Copper, and Hex Trust have partnered with Core Foundation to launch InstitutionalBitcoin, lstBTC. What Happened:  The launch of lstBTC aims to provide institutional Bitcoin holders with a yield-generating solution without requiring them to move their assets from trusted custodians. By leveraging Core blockchain’s Dual Staking mechanism,...
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Beyond Borders, Beyond Limits—CoiniGo Is Simplifying Crypto Payments

In today’s fast-evolving digital economy, businesses need seamless, efficient, and scalable payment solutions to keep up with global demand. Yet, many still struggle with slow transactions, high fees, and rigid financial systems that fail to meet the needs of a crypto-driven world. The need for a borderless, real-time payment...
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OpenSea Halts Airdrop Reward System Following Community Backlash

Non-fungible token (NFT) giant OpenSea has halted its newly introduced airdrop reward system following widespread criticism from its user base. The move comes after concerns were raised regarding the platform’s experience points (XP) system, which users claimed encouraged wash trading, prioritized fee generation, and failed to support builders within...
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