IRS claiming $44B from FTX bankruptcy: Report
The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research.
The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research.
The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.
Tether has $1.5B in Bitcoin reserves: BDO Italia Read More »
AI experts from IBM, NYU and OpenAI will testify before the U.S. Senate on May 16 in a hearing entitled “Oversight of A.I.: Rules for
OpenAI CEO to testify before Congress alongside ‘AI pause’ advocate and IBM exec Read More »
The settlement plan proposed in February would give Genesis creditors 80% recovery of funds, but many raised demands, leading to the mediation.
DCG settlement with Genesis still undecided as 30-day mediation period proceeds Read More »
The ratings agency looked at five areas of interconnectedness between the crypto ecosystem and traditional finance; its lack of firm conclusions may be telling.
S&P Global attempts to assess crypto assets’ susceptibility to macroeconomics Read More »
The blockchain and Web3 hub will serve as a center for knowledge exchange and collaboration between technology firms and government entities in Africa.
Kenya partners with Abu Dhabi’s Venom Foundation to build blockchain, Web3 hub Read More »
The European Union’s Markets in Crypto-Assets regulation could stifle innovation and increase compliance costs for the crypto industry.
3 takeaways from the European Union’s MiCA regulations Read More »
The money coming in for the trading app’s crypto business reached $38 million over the first quarter of 2023, down from $54 million in Q1
Robinhood’s Q1 crypto revenue drops 30% from the previous year Read More »
Protocol developers demand that CEO and CTO Yubo Ruan step down, while Ruan has accused the development team of an “illegal takeover.”
ParaSpace team clashes with CEO over alleged whereabouts of protocol funds Read More »
Bitcoin joins altcoins in reacting strongly to CPI data coming in below estimates, with BTC price clawing back ground toward $30,000.
Bitcoin cracks $28K on CPI amid warning US inflation ‘highly elevated’ Read More »