Crypto News
FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has significantly appreciated, with buyers now prepared to offer $0.93 on the dollar for each claim. FTX Bankruptcy Claims Now WorthSource link
FTX to Sell Shares in Claude AI Developer Anthropic for $884 Million
FTX will unload 29.4 million Anthropic shares to repay creditors.Source link
Solana, Avalanche Post Big Gains as Crypto Market Rebounds
Bitcoin is edging back toward the price discovery zone, and altcoins are poised to follow its lead—despite a subdued response from traders.Source link
How to Improve Transparency and Public Trust in Crypto Markets
Proof-of-reserves and off-chain transaction reporting are key to improving trust in trading platforms following the scandals of the last 18 months, say Bruce Tupper and Tyler Williams.Source link
Bitcoin ETFs, Crypto Funds Lost Nearly $1 Billion Last Week Due to Investor ‘Hesitancy’
Investors have pulled cash out of crypto funds such as Grayscale's Bitcoin Trust after seven straight weeks of inflows.Source link