By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The litigation supporting claims against its commercial counterparties is set to make a difference “in excess of $1 billion” to creditors, court filings say.Publish at: May 15, 2023 at 03:07PM
BlockFi Claims Against FTX, Alameda ‘Largest Driver’ of More Than $1B in Asset Recoveries, Firm Says
South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker’s Transfers
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Lawmaker Kim Nam-kuk resigned from the opposition party after his crypto transfers incited controversy.Publish at: May 15, 2023 at 02:20PM
Bitcoin Miner Bitfarms Accelerates 6 EH/s Hashrate Target As Quarterly Loss Per Share Narrows
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data In Q1 2023, the bitcoin miner’s net loss per share narrowed to 1 cent, from 8 cents the previous quarter.Publish at: May 15, 2023 at 01:45PM
Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July.Publish at: May 15, 2023 at 01:23PM
First Mover Americas: Bitcoin Bounces Back From Friday Lows
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The latest price moves in bitcoin (BTC) and crypto markets in context for May 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Publish at: May 15, 2023 at 01:11PM
Bitcoin Holds Above 200-Week Average as Dollar Index Rallies Most Since February
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure.Publish at: May 15, 2023 at 01:03PM
Ribbon Finance’s Decentralized Exchange Aevo Unveils Altcoin Options Trading
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Users will be able to trade options tied to coins like LDO, PEPE, SUI, ARB, LTC, APT, and others, which was previously possible only through an over-the-counter desk. .Publish at: May 15, 2023 at 12:00PM
G-7 Finance Ministers Discuss Crypto Regulation Ahead of Japan Summit Next Week
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Representatives for the seven advanced economies signaled a commitment to following norms set by standard-setters FSB and IMF on crypto and central bank digital currencies.Publish at: May 15, 2023 at 11:45AM
SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC.Publish at: May 15, 2023 at 10:55AM
Ether Holders Embrace Near Month-Long Wait for Staking ETH
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Demand for staking ether has surged, resulting in wait times of over a month for a 5% annualized yield as of Monday.Publish at: May 15, 2023 at 10:14AM
