Crypto News

FTX Seeks to Liquidate $1.4 Billion Anthropic Stake Amid Bankruptcy Proceedings

FTX seeks court approval to divest its $18 billion stake in Anthropic, part of its post-collapse asset liquidation strategy, to repay customers and fulfill stakeholder commitments. (Read More)Source link

Genesis Global Capital Moves to Liquidate $1.6 Billion in Grayscale Trusts Amid Bankruptcy

Genesis Global Capital has petitioned the U.S. Bankruptcy Court to sell off its Grayscale Bitcoin, Ethereum, and Ethereum Classic Trust holdings, totaling approximately $1.6 billion. This strategic liquidation aims to maximize creditor repayments amidst potential market volatility, following a recent SEC settlement. (Read More)Source link

Donald Trump Calls CBDCs and Artificial Intelligence ‘Dangerous’

The Republican frontrunner also said that AI-powered deepfakes were a "tremendous problem."Source link

Bitcoin Flat as Traders Look Forward to the ‘Year of the Dragon’

Market enthusiasts expect the year of the dragon to bring good fortune for the crypto market, but more traditional analysts advice caution.Source link

El Salvador’s Bitcoin-Friendly President Nayib Bukele Wins Re-Election

The country in 2021 became the first nation to adopt bitcoin as legal tender.Source link