Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $ 40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins by market capitalization are just below the $ 50 billion mark. …
The now-defunct FTX crypto exchange announced a proposed settlement plan this week that aims to resolve disputes over customer assets lost when the company filed for bankruptcy in November 2022. FTX Debtors Chart Path to Redress: 90% Asset Recovery Proposed in Bankruptcy Plan The FTX debtors’ proposed settlement plan includes priority payouts to customers …
New research shows bitcoin investors are rotating from long-term holders to short-term speculators, indicating the cryptocurrency market is recovering from the lengthy bear market. Study Indicates Crypto Winter Recovery as Long-term Holders Give Way to Short-term Speculators A recent report by the onchain analytics firm Glassnode examines how bitcoin (BTC) changes hands between investors over […]
FTX creditors might see a silver lining following the recent partnership between Anthropic and Amazon, as the tech behemoth unveiled plans to pour up to $ 4 billion into the budding artificial intelligence (AI) startup. Over on the social media haven X, a cadre of FTX creditors, united under the banner of “FTX 2.0 …