FTX sells LedgerX for $50M to affiliate of Miami-based exchange holding company

[ad_1] FTX announced that it has entered into a purchase agreement with an affiliate of Miami International Holdings to sell its futures and options exchange and clearinghouse LedgerX. FTX said in a statement that the total proceeds of the transaction would total about $50 million. The deal still requires the approval of the United States Bankruptcy Court for the District of Delaware. A hearing on the deal is set for May

Bitcoin advocates rally at Texas State Capitol to oppose bill cutting mining incentives

[ad_1] Roughly 100 people answered the call from the crypto advocacy groups Chamber of Digital Commerce, Satoshi Action Fund, and Texas Blockchain Council to show Texas lawmakers they were against legislation targeting crypto mining firms.Gathering at the Texas Capitol in Austin on April 25, crypto enthusiasts, state lawmakers, industry leaders, and even a few members of the Capitol Police met to discuss the possible future of Bitcoin (BTC) mining in

Binance.US backs out of $1B Voyager asset purchase, blames regulatory environment

[ad_1] Binance.US has backed out of its agreement to purchase $1 billion of bankrupt cryptocurrency brokerage Voyager Digital assets, the company announced in a tweet. It laid the blame for the move on “the hostile and uncertain regulatory climate in the United States.”Voyager, the Voyager Official Committee of Unsecured Creditors and the U.S. government reached an agreement on April 19 for the purchase to go through. The deal had been

Bitcoin’s price is down 10% — New bear market or correction?

[ad_1] In today’s Market Report episode, analyst and writer Marcel Pechman covers the potential triggers to move Bitcoin’s price away from $27,000, including the United State Federal Reserve meeting on May 3. The show airs every Tuesday on the Cointelegraph Markets & Research YouTube channel.The first news article discussed the catalysts for Bitcoin’s next move, including whether the Fed will follow the markets’ consensus of a 25-basis-point interest rate increase

Majority of creditors want Hodlnaut liquidated

[ad_1] Creditors of Singapore-based cryptocurrency lender have again expressed their desire to liquidate the company, which has been under judicial management since August 2022. There is no white knight investor on the horizon, interim judicial manager (IJM) Aaron Loh Cheng Lee explained in a circular updating the case.  A circular from the IJMs dated April 25 said users representing approximately 55.38% of creditors, with claims of 228.3 million Singapore dollars
Bitcoin News

Unizen (ZCX) enters a strategic partnership with THORChain (RUNE)

[ad_1] AdvertismentDubai, United Arab Emirates, April 25th, 2023, Chainwire The team at Unizen, operating the Web3 ecosystem found at, is pleased to announce a strategic partnership with the team at THORChain. Specifically, Unizen has integrated the THORChain settlement layer to enable swaps between ETH (Ethereum) and AVAX (Avalanche C-chain) to BTC (Bitcoin) and vice versa. “THORChain has devised an exceptionally refined solution that has proven resilient against the trials

Google Cloud broadens Web3 startup program with 11 blockchain firms

[ad_1] Technology conglomerate Alphabet has expanded the Google for Startups Cloud Program. As of Apr. 25, the program now includes Web3 firms such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana, and thirdweb. The same day, blockchain analytics firm Nansen announced that it has partnered with Google Cloud to provide real-time blockchain data for startups. Its database currently contains over 250 million wallet labels. We are very excited to

EU data watchdog warns of ‘hell on Earth’ scenario for US AI companies

[ad_1] Europe’s data watchdog, Wojciech Wiewiórowski, predicts a sour predicament for United States-based artificial intelligence (AI) companies currently being investigated for alleged GDPR violations.“The breathless pace of development means data protection regulators need to be prepared for another scandal,” Wiewiórowski told MIT’s Technology Review during a recent interview, invoking the Cambridge Analytica scandal for reference. Wiewiórowski’s comments come after a tumultuous week for leading AI outfit OpenAI, creator of the

Bitcoin price can ‘easily’ hit $20K in next 4 months — Philip Swift

[ad_1] Bitcoin (BTC) is done with its bear market, but the coming months may see a return to $20,000.That is the outlook for Philip Swift, a veteran Bitcoin market analyst who co-founded trading suite Decentrader and data resource Look Into Bitcoin.In his latest interview with Cointelegraph, Swift takes a look at what the near to long-term future holds for BTC price action.After predicting the end of the bear market at

Global impact of a Bitcoin soccer club: Decentralize with Cointelegraph

[ad_1] This week’s episode of the Decentralize with Cointelegraph podcast takes a deep dive into Bitcoin (BTC) in Bedford. A Bitcoiner from the English town near London is turning heads and raising his town’s profile after buying his local soccer club, Real Bedford.Peter McCormack, who took the No. 38 spot on Cointelegraph’s 2023 Top 100, hosts a Bitcoin podcast and is an avid soccer fan. At the start of the soccer season in