Retail-owned Bitcoin supply reaches all-time high
The supply of Bitcoin owned by retail investors has reached an all-time high of around 17%, according to blockchain research firms Glassnode and IntoTheBlock.
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BlockFi asks U.S. bankruptcy court to unfreeze accounts for some of its users
BlockFi, an early victim of the financial contagion caused by the collapse of the FTX cryptocurrency exchange, said it wants to return assets locked up in its bankruptcy proceedings.
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Bitcoin miner Greenidge strikes deal with NYDIG to restructure debt
Troubled U.S.-based Bitcoin mining firm Greenidge Generation Holdings Inc. has entered a debt restructuring agreement with NYDIG, a cryptocurrency service provider to which Greenidge owes US$74 million.
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FTX founder Sam Bankman-Fried set to return to the U.S. on Wednesday
Sam Bankman-Fried, former CEO of FTX, has signed documents in the Bahamas for extradition and is scheduled to the U.S. on Wednesday.
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South Korea freezes US$93 mln in assets of former Terra-Luna associates
A S.Korean court has approved prosecutors’ request to freeze assets of US$93.3 million belonging to seven former associates of Terraform Labs.
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Bankrupt Voyager Digital says it accepted Binance bid for assets valued at US$1 billion
The deal will need approval in a court hearing on January 5 and also faces a vote by creditors under Voyager’s chapter 11 bankruptcy filing.
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S. Korea’s Busan city crypto exchange moves ahead without global partners
Busan announced the steering committee for its flagship exchange, but it didn’t include global partners earlier linked to the project.
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Bitcoin mining difficulty rises 3.27% in latest adjustment
The latest Bitcoin mining difficulty level rose 3.27%, as miners continue to face cash shortages due to low Bitcoin prices and high energy costs.
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What the FTX collapse means for the future of crypto
Centralized exchanges releasing ‘proof of reserves’ is not enough to win back users, while improving user experience will be key, writes Holger Arians of Banxa.
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Sam Bankman-Fried extradition in doubt after confused court hearing in Bahamas
FTX founder Sam Bankman-Fried appeared in court in the Bahamas, but did not agree to be extradited to the U.S.