The U.S. bankruptcy court in Delaware authorized Three Arrows Capital liquidators on March 13th to increase their claim against FTX to $1.53B.
Brazil will push crypto initiatives, including a blockchain payment system, to expedite international trading as part of its presidency at BRICS this year. Local media stated this would be a priority for the South American giant's plans for the organization.
A U.S. bankruptcy court has allowed the liquidators of the defunct crypto hedge fund Three Arrows Capital to substantially increase its claim against the collapsed crypto exchange FTX from $120 million to $1.53 billion.
The digital ruble's rollout is facing challenges, with 30% of Russian banks unprepared due to outdated infrastructure and reluctance to comply with the central bank's CBDC plans.
Robinhood has added three new meme coins—Pengu (PENGU), Peanut the Squirrel (PNUT), and Popcat (POPCAT)—to its platform, confirming the listings on March 13.
Stark Bank, a startup backed by Amazon founder Jeff Bezos, has positioned itself as the go-to firm for serving cryptocurrency businesses in Brazil, filling the gap left by traditional institutions. The firm has built part of its business around this service offering, betting on the industry's future as Brazilians become more comfortable with crypto.
The ruling came despite FTX's argument that the motion to amend claims was untimely and would disrupt its reorganization plan.
Russia has increasingly turned to cryptocurrencies to facilitate its oil trade with China and India, allowing it to bypass Western sanctions. The post Russia Uses Crypto to Bypass Sanctions in Oil Trade with China, India: Report appeared first on Cryptonews.
United States President Donald Trump appears to be intentionally crashing markets to address several economic issues, but will it benefit crypto?
Pump.fun announced the launch of its direct messaging (DM) and group messaging features on its mobile apps.
The United States Bankruptcy Court for the District of Delaware granted a motion allowing the joint liquidators of Three Arrows Capital (3AC) to amend their original proof of claim in the FTX bankruptcy proceedings. This increases their claims from $120 million to $1.53 billion.
After a slight recovery yesterday, the crypto market today has incurred some correction by the bears. This time, the business's market cap has taken a slight dip of 0.94% in the past 24 hours to $2.68 trillion. In the thick of these trends, the total volume has dropped by 10.15% to $90.36 billion.
The court's decision could significantly impact FTX's reorganization efforts and set a precedent for future bankruptcy claims in the crypto sector. The post 3AC wins court approval to expand FTX bankruptcy claim from $120 million to $1.5 billion appeared first on Crypto Briefing.
On Thursday, the US Bankruptcy court of Delaware granted permission to 3AC liquidators to boost FTX claim to $1.53 billion from $120 million. The post US Bankruptcy Court Grants 3AC Liquidators to Expand Claim Against FTX to $1.53B appeared first on Cryptonews.
Andrew Lunardi, Head of Growth at Immutable, expressed strong optimism about the cryptocurrency market, predicting a substantial rebound in the second half of 2025. The cryptocurrency market is currently experiencing a slump, with Bitcoin and Ethereum trading below $82k and $2k respectively.
A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion.Chief Judge John Dorsey rejected FTX's debtors' argument that the amended proof of claim (POC) from 3AC liquidators was untimely and an unjust attempt to slow the bankruptcy proceedings. In a March 13 ruling in the US Bankruptcy Court for the District of Delaware, Dorsey opined that 3AC liquidators had provided sufficient notice of their claim and the possibility of amending it once they had analyzed all the available information.
Despite the crypto 'Trump bump' at the end of 2024, deal flow still favors Artificial Intelligence. But is there a new preference for AI over crypto?
Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Bolivia's state-owned energy corporation, has elected to utilize crypto as a payment method for fuel imports. The country is currently grappling with a shortage of US dollars and an ongoing fuel crisis, which has resulted in lengthy lines at gas stations.
Invest now in the best cryptos of 2025, with low prices and huge potential. Here are the top 3 altcoins to buy!
Crypto payment firm RedotPay has closed a $40 million Series A funding round, led by Lightspeed with key investments from HSG, Galaxy Ventures. The post RedotPay Raises $40M to Build Borderless Payment Ecosystem Bridging Crypto and Fiat appeared first on Cryptonews.
Former Binance CEO Changpeng "CZ" Zhao has denied claims from a Wall Street Journal report suggesting he sought a presidential pardon from Donald Trump.
The GENIUS Act is facing resistance from banking institutions and key lawmakers like Senator Elizabeth Warren, who argue that only regulated financial entities should issue stablecoins.
The Arkansas Cryptomining Association is suing two Arkansas state officials, arguing that they enforced an unconstitutional and discriminatory state rule prohibiting foreign-born American citizens from engaging in crypto-mining activities, among other things.The complaint was made against Arkansas Attorney General Tim Griffin and the director of the Arkansas Oil and Gas Commission, Lawrence Bengal, on March 13 in the US District Court Eastern District of Arkansas. It follows a federal court ruling last November that temporarily barred Arkansas from preventing a naturalized US citizen of Chinese descent from operating a crypto mining business.
Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources with direct knowledge of the matter.
The crypto market is deep in fear as sentiment falls to 21. With ETF outflows and declining market cap, what comes next for BTC and ETH?
Telegram's self-custodial wallet, built on the TON blockchain, now supports trading and earning features, expanding access to crypto for its more than 100 million users. The update enhances usability for newcomers and deepens TON ecosystem integration. Telegram Expands TON-Based Wallet With Trading and Earn Capabilities Telegram is pushing deeper into crypto.
Democratic Representative Gerald E. Connolly has urged the US Treasury to abandon plans for a national cryptocurrency reserve.
Coinbase CLO Paul Grewal is now urging Congress to capitalize on bipartisan momentum for comprehensive crypto legislation.
K Bank, a leading South Korean neobank, could be thwarted in its latest attempt to go public by its “dependence” on its partner, the crypto exchange giant Upbit. The post ‘Upbit Dependence Could Derail New K Bank IPO Bid' – Report appeared first on Cryptonews.
It has been a sea of red in the crypto market, with Bitcoin and other altcoins being in a bear market. The crypto fear and greed index has tumbled, while fears of a recession remain in the US markets. Still, several altcoins have major catalysts that may push them higher in the coming months.
Turkey has introduced new cryptocurrency regulations that give the Capital Markets Board (CMB) full oversight of crypto platforms. The FATF Gray Listing Issue Turkey has unveiled new cryptocurrency regulations that grant the Capital Markets Board (CMB) full oversight of crypto platforms.
Explore how blockchain technology and federated learning are reshaping AI development with decentralized, privacy-focused governance, enabling large-scale collaboration without compromising data security.
Chainalysis has integrated with Ink, a DeFi-focused Ethereum layer 2 by Kraken, enhancing compliance and investigative workflows with automatic token support and advanced transaction monitoring.
The crypto market may receive a potential catalyst if the US sinks into a recession later this year as some analysts predict. This recession will be driven by the ongoing cuts by Elon Musk and his DOGE team. Also, the ongoing Trump tariffs will contribute to a recession.
The ruling allows 3AC's liquidators to pursue a much larger recovery from FTX's bankruptcy estate, adding to the complexity of existing claims.
As cryptocurrency markets faced a broad correction in recent weeks, digital asset investors sought safety in tokenized U.S. Treasury products. Since late January, the market capitalization of Treasury-backed tokens surged by $800 million, hitting a record $4.2 billion, according to rwa.xyz.
The U.S. Senate Banking Committee has taken a significant step toward regulating stablecoins, advancing a bill that could set federal standards for issuers. The legislation, known as the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), passed with an 18-6 vote and now moves to the full Senate for consideration.
Binance founder Changpeng Zhao (CZ) has denied a Wall Street Journal (WSJ) report alleging that representatives of Donald Trumps family held talks to acquire a financial stake in Binance.US. The report also claimed CZ sought a presidential pardon after pleading guilty to violating U.S. anti-money laundering laws in 2023.
Nearly $820 million worth of Bitcoin (9,890 BTC) has unexpectedly exited Krakens cold wallet, raising speculation in the crypto world. The massive transfer, flagged by blockchain tracker Whale Alert, was split into two tranches and sent to the address bc1qcard.
US state Vermont has dropped its “show cause order” against crypto exchange Coinbase for allegedly offering unregistered securities to users through a staking service.Vermont's Department of Financial Regulation said in a March 13 order that in light of the US Securities and Exchange Commission tossing out its case on Feb. 28, it would follow suit and rescind its action against Coinbase without prejudice. “The SEC has announced the formation of a new task force to, among other things, provide guidance for the promulgation of rules regarding the regulation of cryptocurrency products and services,” the department said.
The Senate Banking Committee has advanced bills on stablecoin regulations and financial fairness, aiming to protect consumers, strengthen security, and prevent politically motivated debanking. Key Bills on Stablecoins and Financial Fairness Advance The U.S.
Lazarus Group, hackers from North Korea, created a new campaign, targeting crypto developers through NPM repositories. They introduced 6 repositories, that would appeal to crypto developers, and added malware, to create backdoors, infiltrate projects, and steal credentials.
The Trump family reportedly discussed investing in Binance.US as the exchange sought to restore its U.S. presence. Sen. Elizabeth Warren responded critically, citing regulatory concerns and the risks of political ties in crypto. The ongoing debate highlights growing scrutiny over digital asset oversight. The post Trump Family's Reported Binance.US Talks Draw Scrutiny from Elizabeth Warren appeared first on Cryptonews.
Russian prosecutors say that law enforcers have discovered an illegal crypto mining farm hidden in a Siberian orphanage. The post Prosecutors Find Illegal Crypto Mining Farm in Siberian Orphanage appeared first on Cryptonews.
The European Central Bank (ECB) is struggling to explain why Europeans should adopt a central bank digital currency (CBDC).
Bolivia has authorized its state-run energy company, YPFB, to use crypto for fuel imports as the country struggles with a worsening dollar shortage and fuel crisis. The government approved the move to sustain fuel subsidies and secure essential energy supplies amid declining foreign currency reserves.
Circle Internet Group is increasing its footprint in Bermuda through the addition of Hashnote Tokenized Money Market Fund under its licensed Digital Assets Business Act (DABA). The acquisition, revealed in a press release published by the company, seeks to consolidate Circle's position in the tokenized financial services market.
Binance's $2B funding deal with MGX underscores the growing role of stablecoins in large-scale institutional crypto investments.